KARACHI: The rate of withholding tax for non-filers against the winning amount on prize bonds has been increased to 25 percent from the existing 20 percent. The government through the Finance Bill, 2017 has proposed stern measures for non-filers in order to broaden the tax base and generate revenue. In this regard, the rate of withholding tax on a prize bond or crossword puzzles has been proposed to be enhanced to 25 percent from 20 percent for non-filers. However, the withholding tax rate...