Khurram Ijaz questions FBR’s Rs15.26 trillion revenue target, warns of pressure on taxpayers
Business leader cautions budget strategy may burden compliant sectors unless tax base is broadened and industrial reforms are introduced
Continue ReadingPakistan Revenue
Business leader cautions budget strategy may burden compliant sectors unless tax base is broadened and industrial reforms are introduced
Continue ReadingFPCCI leader warns IMF-backed sales tax hike to 19% could further shrink registrations and expand the grey economy KARACHI: Khurram Ijaz, General Secretary and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed concern over the declining number of active sales tax registrations in the country, describing it […]
Continue ReadingBMPP leader urges stable economic policies to restore investor confidence and attract sustainable foreign investment into Pakistan. Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former vice president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern over the sharp decline in foreign investment into Pakistan during the […]
Continue ReadingBusiness body proposes lower withholding taxes and withdrawal of Section 7F The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed sweeping tax reforms for Pakistan’s property sector in the federal budget 2026-27, including sharp reductions in withholding taxes on property purchases and sales.
Continue ReadingTrade body urges government to ease compliance burden in budget 2026-27 Federation of Pakistan Chambers of Commerce and Industry has proposed the revival of the Final Tax Regime (FTR) for exporters in the upcoming budget 2026-27, arguing that the withdrawal of the regime has increased compliance costs and tax-related uncertainty for exporters.
Continue ReadingKarachi, May 9, 2026 – Khurram Ijaz, General Secretary of Businessmen Panel Progressive (BMPP) and former Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has strongly criticized the government over the third consecutive increase in petroleum prices, warning that the move will intensify inflationary pressures and hurt economic activity across Pakistan.
Continue ReadingKARACHI, May 5, 2026 – Khurram Ijaz has raised alarm over Pakistan’s widening trade deficit and declining exports, urging the government to take immediate steps to strengthen the country’s export sector.
Continue ReadingKarachi – Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed serious concerns over a potential surge in unemployment following recent economic decisions by the government.
Continue ReadingKarachi, April 27, 2026 – Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of Federation of Pakistan Chambers of Commerce and Industry, has strongly criticized the recent increase in the policy rate by the State Bank of Pakistan, calling it counterproductive for economic growth.
Continue ReadingKarachi, April 26, 2026 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the State Bank of Pakistan (SBP) to refrain from tightening monetary policy at its upcoming Monetary Policy Committee meeting scheduled for April 27, warning that higher interest rates could undermine fragile economic recovery.
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