Business Desk 
Jun 27, 2025
A new provision has been proposed in the amended Finance Bill 2025 for Pakistan, which would make individuals named ineligible to withdraw up to Rs100 million in cash annually from the bank.
Originally, the Finance Bill 2025 Pakistan aimed to imply strict financial transaction limits on individuals deemed ineligible, who either do not file income tax returns or lack adequate declared resources.
However, following a review by the National Assembly’s Standing Committee on Finance, the bill has undergone major revisions.
Finance Bill 2025
A key feature of the bill is the introduction of Section 114C to the Income Tax Ordinance, 2001, which formally states eligible and ineligible persons. An eligible person is someone who has filed a tax return for the previous year and disclosed sufficient assets in their wealth or financial statements.
Those who fail to meet these criteria are deemed ineligible and, under the bill’s original version, were to be barred from major financial activities, such as large cash withdrawals, property purchases, and investments in securities.
The proposed amendment, however, introduces an exception: ineligible persons would now be permitted to withdraw up to Rs100 million in cash annually across all their bank accounts.
This step showcases a major shift from the government’s earlier firm stance on improving financial transparency and curbing tax evasion.
The revised proposal states that the Rs100 million limit will apply cumulatively to all bank accounts held by an individual.
