09-28-2005, 04:04 PM
well iahmad ! i got ur point that the u wanna comment about the dedution of tax when amount is withdrawn from the bank.
let me tell u that this kind of nominal tax in levied in many other countries as well. the main reason to collect this tax is to discourage the withdrawls from the banks on regular basis.
tehre will b 2 benefits one is ROBERY ceses could b reduced n other one is more CAPITAL is available for banks to invest,n ultimatelly bosting the pak economy.
so,in some sense it,s better to hav these kind of taxes on the bank withdrawls.Allah Hafiz
whenever peaple agree with me i think i must be wrong.
let me tell u that this kind of nominal tax in levied in many other countries as well. the main reason to collect this tax is to discourage the withdrawls from the banks on regular basis.
tehre will b 2 benefits one is ROBERY ceses could b reduced n other one is more CAPITAL is available for banks to invest,n ultimatelly bosting the pak economy.
so,in some sense it,s better to hav these kind of taxes on the bank withdrawls.Allah Hafiz
whenever peaple agree with me i think i must be wrong.
