Traders warn of protest movement against withholding tax

LAHORE: Two traders unions have announced to launch a protest movement against withholding tax, threatening the government that a shutter down strike and complete shutdown of their bank transactions might take place if the demands of traders were not met.

In two separate press conferences held by as many factions of the All Pakistan Anjuman Tajiran here, it was announced that the Supreme Council of Trade Organisations has given an approval for the proposed protest movement that they intend to launch on September 2.

They said as part of the next round of protest, traders would stop all transactions with banks on September 4 and then a country-wide strike would be observed on September 9.

The press conferences were addressed by Khalid Pervez and Khawaja Shafiq who said they were united in launching the protest movement.