Date for reduced WHT on banking transaction extended till March 15

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ISLAMABAD, Mar 7 (APP): The Economic Coordination Committee (ECC) of the Cabinet approved on Monday, the extension of date for reduced withholding tax rate of 0.4 percent on banking transactions of non-filers under section 236P of Income Tax Ordinance 2001 up to March 15. The meeting was chaired by Finance Minister, Senator Mohammad Ishaq Dar where ministers for Commerce, Water and Power, Minister of State for Information Technology, Chairman Privatization Commission, concerned secretaries of ministries were also present.