Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistan Retail’s Association Criticizes Harsh Tax Measures in Finance Act 2025
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan Retail's Association
PhotoNews Pakistan > Pakistan > Pakistan Retail’s Association Criticizes Harsh Tax Measures in Finance Act 2025
Pakistan

Pakistan Retail’s Association Criticizes Harsh Tax Measures in Finance Act 2025

Web Desk
By Web Desk Published July 16, 2025 2 Min Read
Share
Chainstore Association of Pakistan (CAP). Photo Credit: CAP
SHARE

The organised retail sector in Pakistan is encountering significant challenges due to strict tax policies, as highlighted by the Chainstore Association of Pakistan (CAP) on July 16, 2025. CAP leaders expressed their frustration over arbitrary assessments and harassment from tax authorities, despite the sector’s substantial contributions to tax revenue and exports.

The measures introduced in the Finance Act of 2025 are expected to exacerbate these issues, potentially hindering economic growth and development. Additionally, the SITE Association of Industry in Karachi has rejected new provisions that grant excessive powers to the Federal Board of Revenue (FBR). In the following sections, we will examine these concerns, their impacts, and the calls for reform based on statements from CAP and industry representatives.

Read: Pakistan Stock Exchange Rally Ends As Investors Booked Profit

CAP Chairman Asfandyar Farrukh highlighted the sector’s commitment to adopting technology and transparent reporting. “Retail chains in the formal sector have worked tirelessly for years to implement technology, ensure transparent sales reporting, and significantly contribute to the nation’s tax revenues and exports,” he stated. However, businesses continue to face arbitrary assessments and daily harassment.

Although formal retailers account for 10% of retail trade, they generate a significant portion of tax revenue. Patron-in-Chief Tariq Mehboob has accused the FBR of using enforcement tactics to meet their targets, imposing penalties on compliant firms.

The SITE Association of Industry Karachi has condemned Sections 37A and 37B of the Finance Act. These sections allow officers from the Federal Board of Revenue (FBR) to arrest taxpayers based on suspicion and file First Information Reports (FIRs).

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Pakistan Supreme Court Army Act civilians appeal

Constitutional Matters to Be Heard Only by CB, Says Justice Mazhar

Gold price record 2025

Gold Prices Soar to Record Highs in Pakistan and Globally in October 2025

Saad Hussain Rizvi Injured

TLP Protests Erupt Across Pakistan Over Saad Rizvi Shooting Claim

Post Archives

More Popular from Photonews

Rashid Naseer defamation case against Adil Raja
Pakistan

UK Court Orders Adil Raja to Pay £350K in Rashid Naseer Defamation Case

2 Min Read
Kim Kardashian Murder Plot
Entertainment

Kim Kardashian Boosts Security After Alleged Murder Plot in 2025

2 Min Read
Khawaja Asif PTI Taliban
Pakistan

Khawaja Asif Accuses PTI of Sheltering Taliban

2 Min Read
Sports

LeBron James’ Cryptic Video Sparks Retirement Speculation

LeBron James shared a 10-second video on social media that has created a buzz among fans.…

October 7, 2025
Pakistan

Internet and Mobile Services Suspended in Islamabad, Rawalpindi

On October 10, 2025, Pakistan’s federal government suspended 3G/4G mobile and internet services in Islamabad and…

October 10, 2025
Pakistan

Pakistan FBR Proposes Public Asset Declarations for Civil Servants

Pakistan’s Federal Board of Revenue (FBR) issued a draft to amend the Civil Servants’ Assets Declaration…

October 8, 2025
Pakistan

Pakistan Kills 200+ Taliban Militants in Retaliatory Border Strikes in 2025

Pakistani forces killed over 200 Afghan Taliban and Tehreek-e-Taliban Pakistan (TTP, alias Fitna al-Khawarij) militants in…

October 12, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?