Pakistan, June 14 -- The federal government has increased the cash withdrawal limit for non-filers from Rs50,000 to Rs75,000 per day, under the revised budget proposals for FY2025-26. However, in a move to generate more revenue, the advance tax on withdrawals above this limit will rise to 0.8%, up from the current 0.6%.

This adjustment, approved by the National Assembly's Standing Committee on Finance, aims to balance public convenience with stronger enforcement of tax laws. Non-filers-people not registered with the Federal Board of Revenue (FBR)-are already under tight restrictions, including bans on buying vehicles and property.

Additionally, the government plans to curb financial privileges for non-filers further, possibly restrictin...