The Central Directorate of National Savings (CDNS) has announced updated withholding tax rates for National Savings Schemes, effective July 1, 2025. Under the new regulations, a withholding tax rate of 30 percent will be applied to “profit on debt” for individuals who are not listed on the Active Taxpayers List (ATL) of the Federal Board of Revenue (FBR).

This change aims to enhance tax compliance and ensure that individuals contributing to National Saving Schemes are appropriately taxed based on their taxpayer status. The CDNS encourages all investors to verify their status on the ATL to avoid higher tax rates on their savings.