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Tax Year 2026-27 · Tax on taking cash out of a bank

Cash Withdrawal Tax Calculator Pakistan 2026-27

See what your bank keeps back when you take cash out, why it only happens to non-filers, and what becoming a filer would save you.

Only hits non-filersRs. 50,000 daily triggerCounts towards your tax

Your cash withdrawal

Rs.

Everything you took out in cash today, added together.

Are you a filer?

Nothing is deducted from a filer, however much they take out.

Nothing comes off until the day’s cash passes Rs. 50,000. After that, 0.8% is taken from the whole amount, not just the part above it. Rs. 50,000 is the point where the deduction starts, not a slice that stays free. Once the day’s cash passes it, the rate applies to the full amount you took out.

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What the bank keeps back

Non-filer · 2026-27

Rate applied to you

0.8%

Cash you asked forRs. 200,000
Deducted by the bankRs. 1,600
Cash in your handThe cash you actually walk away with. The bank hands over your withdrawal minus the tax it has to send to the FBR.Rs. 198,400
As a filer, this drops to Rs. 0File your return on time and the deduction stops on every withdrawal.
What being a filer would save you todayRs. 1,600

Counts towards your income taxIt counts as income tax you have already paid. Put it on your yearly return and it comes off your final bill, or comes back as a refund if you owe less. Never file, and it is simply gone.

How this was worked out

Today’s cash of Rs. 200,000 is above Rs. 50,000, so the bank takes 0.8% of the whole amount: Rs. 1,600. That leaves Rs. 198,400 in your hand.

The rates, year by year

What a bank deducts on cash withdrawals, and how that has changed.

  • 2026-27

    0.8% of the day’s cash, once it passes Rs. 50,000

  • 2025-26

    0.8% of the day’s cash, once it passes Rs. 50,000

  • 2024-25

    0.6% of the day’s cash, once it passes Rs. 50,000

  • 2023-24

    0.6% of the day’s cash, once it passes Rs. 50,000

This money is not lost — but it is not automatic either

These deductions count as income tax you have already paid for the year. You claim them back by putting them on your yearly return, along with the certificates your bank, electricity company or operator can give you. Someone who never files never claims them, and the money simply stays with the FBR.

Read how to file your return

Three everyday taxes, three calculators

Most people pay all three without noticing. Each one has its own rules, so each has its own calculator.

Your electricity billSection 235The income tax added to an electricity bill, for homes and for businesses.Asks for: Your monthly bill, the type of meter and your filer status.Open this calculatorPhone and internetSection 236The tax inside a mobile load, an internet bill or a landline bill.Asks for: The amount, and whether it is a bill or a prepaid load.Open this calculator
Cash withdrawal tax questions

Questions about the tax on taking out cash

Who pays it, when it starts, and how to stop it — answered in plain language.

Who pays tax on cash withdrawals in Pakistan?

Only non-filers — people whose name is not on the FBR’s Active Taxpayer List. If you are a filer, your bank deducts nothing under Section 231AB, no matter how much cash you take out.

How much is the cash withdrawal tax in 2026-27?

It is 0.8% for non-filers, and it starts once the cash you take out in a single day passes Rs. 50,000. The rate was 0.6% until 30 June 2025, when the Finance Act 2025 raised it to 0.8%.

Is the Rs. 50,000 free of tax?

No. Rs. 50,000 is the point where the deduction starts, not an amount that stays free. Once the day’s cash passes it, the 0.8% applies to the whole amount you withdrew — FBR’s own circular puts the rate on "the amount of cash withdrawn".

Does it apply to each withdrawal or to the whole day?

To the whole day. The law says the Rs. 50,000 is the total of your cash withdrawals in a single day, so three withdrawals of Rs. 20,000 count the same as one of Rs. 60,000.

Does it apply to ATM and card withdrawals?

Yes. It is the cash leaving your account that matters, not the counter you use, so ATM withdrawals and cash taken out on a card count towards the same daily total.

Can I get this money back?

It is adjustable, which means it counts towards your income tax for the year and is claimed on your annual return. But you have to file to claim it — a person who never files never gets it back.

How do I stop this deduction?

File your income tax return so your name appears on the Active Taxpayer List. From then on you count as a filer and the deduction stops on every withdrawal, which for regular cash users is usually worth far more than the cost of filing.

This calculator gives an estimate, not tax or legal advice. Your bank works out the final figure from your own status and the day’s withdrawals. Check anything you rely on with a qualified Pakistan tax professional.

Trusted. Accurate. Updated.

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Straight from the source

Official sources

Every rate on this page comes from these official documents. Open them to check the figures yourself.

Federal Board of Revenue PakistanFBR Withholding Tax Rate CardThe FBR rate card updated to 30 June 2025. It carries the rates used for 2025-26 and 2026-27.Federal Board of Revenue PakistanFBR Circular No. 1 of 2025-26FBR explains the increase: the rate on cash withdrawal became 0.8% of the amount withdrawn.Federal Board of Revenue PakistanFinance Act 2025The law that raised the cash withdrawal rate from 0.6% to 0.8% on 1 July 2025.Federal Board of Revenue PakistanFinance Act 2023Created Section 231AB at 0.6%, with the Rs. 50,000 daily total spelled out in the section.Federal Board of Revenue PakistanFBR Withholding Tax Rate Card 2023The FBR rate card updated to 30 June 2023, behind the 2023-24 and 2024-25 figures.Federal Board of Revenue PakistanFinance Act 2026The budget law for 2026-27. It leaves these rates alone, so last year’s figures carry over.FBR IRIS portal PakistanFBR IRIS PortalFile your return, claim these deductions back, and stay a filer.