Pakistan Today

Most major markets observe strike in Lahore

LAHORE:
Traders across the city observed a shutters-down strike on Saturday against the imposition of a withholding tax on banking transactions of Rs50,000 and above for non-taxpayers, according to local media sources.

There was no business activity in most major markets including Shah Alam, Akbari Mandi, Moti Bazaar, Rang Mahal, Badami Bagh, Abid Market, Bilal Ganj, Anarkali, Liberty, Township, Bund Road, Brandreth Road and Jail Road.

However, some businesses were reported open in Urdu Bazaar, Wapda Town and Defence Housing Authority and on Shalimar Link Road, local media sources stated.

The strike call was given by the All-Pakistan Anjuman-i-Trajiran (Naeem Mir group). It was supported by Anjuman-i-Tajiran (Ashraf Bhati group), Qaumi Tajir Ittehad (Sheikh Mushtaq group), the Lahore Trader Alliance, the Lahore Tajir Group (Khwaja Amir), the Pakistan Small Traders and Cottage Industry, the Lahore Car Federation and the Qaumi Tajir Ittehad (Khalid Mehmood group), reportedly.

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