Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Jimmy Kimmel President Trump
    EntertainmentVideos

    Jimmy Kimmel Urges Trump to Resign After US Midterms

    November 6, 2026 2 Min Read
    Canadian actor Eugene Levy and Second City Television (SCTV)
    EntertainmentVideos

    Eugene Levy Reveals SCTV Episodes Cost Just $7,000

    November 5, 2026 2 Min Read
    AI researcher Nate Soares discussing artificial intelligence risks and preventing an AI apocalypse.
    OffbeatVideos

    Nate Soares Says AI Fears Led Him to Stop Retirement Saving

    October 30, 2026 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

Bank Alfalah Pehchan account

Recent Posts

Arif Habib pictured with the PIA logo and a Pakistan International Airlines aircraft.

PIA Requires Disclosure Forms on Family and Business Ties

Former provincial lawmaker Abdul Majeed Achakzai inside a Toyota vehicle linked to the death of a traffic policeman.

Majeed Achakzai Gets 10 Years in Quetta Traffic Death Case

Brandon Williams Faces MRI After Warriors’ 138-87 Win

Post Archives

More Popular from Photonews

Decision 2026 button displayed on an American flag
Top NewsWorld

US Midterm Elections: Democrats Lead House by 96 Seats

2 Min Read
Yemen Houthis, Mohammed bin Salman and Shehbaz Sharif in a geopolitical collage.
PakistanTop News

Pakistan Condemns Houthi Attack on Aramco Riyadh Office

3 Min Read
US Secretary of Wars pete hegseth
Top NewsWorld

US House Faces Hegseth Impeachment Push Over Iran War

3 Min Read
Offbeat

Dunedin Jewellery Theft: Ropiha Gets 11 Months at Home

DUNEDIN: Judge Kerryn Beaton KC sentenced Robert James Ropiha, 44, to 11 months of home detention…

November 6, 2026
Tech

Anthropic IPO to Grant Founders 50.1% Voting Power

SAN FRANCISCO: Anthropic plans to go public later this month while leaving 50.1% of shareholder voting…

November 4, 2026
Pakistan

Pakistan Successfully Tests First Indigenous Air-to-Air Missile Fa’az

RAWALPINDI: Pakistan successfully performed a maiden flight test of its first indigenously developed air-to-air missile, Fa'az,…

November 4, 2026
Top NewsWorld

Trump Midterm Defeat Spurs US Republican Calls for Change

WASHINGTON: Republican allies and strategists urged US President Donald Trump to change course on Wednesday after…

November 6, 2026
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
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?