{"id":3292,"date":"2026-06-14T07:24:59","date_gmt":"2026-06-14T07:24:59","guid":{"rendered":"https:\/\/paksouch.com\/?p=3292"},"modified":"2026-06-14T07:24:59","modified_gmt":"2026-06-14T07:24:59","slug":"debit-and-credit-card-users-get-big-relief","status":"publish","type":"post","link":"https:\/\/paksouch.com\/?p=3292","title":{"rendered":"Debit and credit card users get big relief"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>ISLAMABAD: The Finance Minister of Pakistan, Muhammad Aurangzeb, has announced a significant reduction in the withholding tax levied on overseas transactions made through debit and credit cards during his budget&nbsp;<a href=\"https:\/\/arynews.tv\/pakistan-budget-2026-27-all-details\">2026-27 speech<\/a>.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the revised policy, the withholding tax on transactions made abroad or through international online platforms using Pakistani bank-issued debit and credit cards has been reduced from 5 percent to 0.5 percent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The finance minister has said that the move would substantially lower the tax burden on travelers using their cards for hotel bookings, shopping, and other expenses while abroad.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the companies and individuals that pay for international software, tools, and cloud-based services subscriptions through card transactions would also get rid of hefty taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, consumers purchasing goods from global e-commerce platforms are likely to see lower costs on international payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Finance Minister of Pakistan, Muhammad Aurangzeb, has announced a significant reduction in the withholding tax levied on overseas transactions made through debit and..<\/p>\n","protected":false},"author":1,"featured_media":3293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"featured_image_urls":{"full":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1.jpg",814,395,false],"thumbnail":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1-150x150.jpg",150,150,true],"medium":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1-300x146.jpg",300,146,true],"medium_large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1-768x373.jpg",768,373,true],"large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1.jpg",814,395,false],"1536x1536":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1.jpg",814,395,false],"2048x2048":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/06\/Capture-4-1.jpg",814,395,false]},"author_info":{"info":["admin"]},"category_info":"<a href=\"https:\/\/paksouch.com\/?cat=8\" rel=\"category\">Business<\/a>","tag_info":"Business","comment_count":"0","_links":{"self":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/3292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3292"}],"version-history":[{"count":1,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/3292\/revisions"}],"predecessor-version":[{"id":3294,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/3292\/revisions\/3294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/media\/3293"}],"wp:attachment":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}