Pakistan, June 10 -- The government has introduced strict financial restrictions on non-filers in the 2025-26 budget. Finance Minister Muhammad Aurangzeb presented these measures in the National Assembly, aiming to increase tax compliance and discourage tax evasion. The new rules will limit financial activities for individuals who do not file tax returns.

Under the new policy, non-filers cannot buy vehicles or real estate. They are also barred from investing in securities and mutual funds. The government wants to ensure that only tax-compliant individuals can engage in major financial transactions. These steps will push more people to register as taxpayers.

Additionally, the advance tax on cash withdrawals from banks will increase from ...