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Pakistani traders give strike call for August 1

Islamabad - The strike is against the imposition of the Withholding Tax on banking transactions.

The small traders have backtracked from their agreement with the government on the reduced rate of withholding tax on banking transactions and announced to go for a shutter down strike on August 1 if the government did not abolish this tax altogether. The government announced to expand the negotiating team by inserting more representatives into the already-constituted 19-member committee holding talks on Tuesday here in Islamabad in order to resolve the 'genuine problems' of tax filers.
Soon after inconclusive hours-long parleys with the government team, the All Pakistan Anjuman-e-Tajiran (APAT) announced at a news conference that they would observe a shutter down strike on August 1 against the imposition of the Withholding Tax on banking transactions. They also announced that they would not participate in any round of talks and would sit with the government team only when this tax was withdrawn.
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