BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)

PESHAWAR: Akbar Khan, Coordinator of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for Khyber Pakhtunkhwa, has strongly opposed the proposed imposition of 18% duty on solar panels and the withdrawal of tax exemptions for the merged districts, particularly the Malakand Division, in the federal budget.

In a statement issued from the FPCCI Regional Office here on Sunday, Khan stated that these measures will not be accepted under any circumstances and will be challenged through all legal means.

He warned that making solar panels more expensive would adversely affect not only ordinary citizens but also the industrial sector.

He criticized the federal government’s decision, calling it anti-people and anti-business.

“With the help of solar panels, the country had only just begun to overcome the energy crisis.

Citizens invested in solar energy and supported the government’s efforts.

“Now, however, the government is trying to turn it into a source of revenue, which will discourage future investments in solar systems and ultimately cause harm,” he added.

Akbar Khan further said the entire business community rejects the proposal to end tax exemptions for the merged districts.

“Instead of supporting already struggling industries, the federal government appears intent on dismantling them completely. If these taxes are imposed, industries in the region will shut down.”

Highlighting the sacrifices of the region, he said the districts of Khyber Pakhtunkhwa, especially Malakand, were on the front lines in the fight against terrorism and have suffered deeply.

“Now, their sacrifices are being mocked,” he remarked.

He concluded by stating that the FPCCI and the business community cannot support such decisions and will initiate a full-scale legal campaign to oppose them.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.