The withholding tax rate 0.1 percent has been finalized on the bank transaction, the Finance Minister will officially announce on 1st August. Senior politicians consist of think tank warned government that the anti-government movement has emerged in business community due to implementation of tax and opposition can take advantage of this. While it has been disclosed that 0.3 percent tax imposed on bank transactions can affect to decrease 10 percent on bank transactions. It can damage the country’s economy and banking sector can be weaken.
