KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Rehan Hanif, while highly appreciating the Sindh government’s landmark decision to reduce the Infrastructure Development Cess (IDC), termed it a major relief for the business community and a positive step toward improving the cost of doing business in Sindh including Karachi.
Rehan Hanif, while elaborating on the broader implications of the decision, stated that the reduction in IDC from 1.85 percent to approximately 0.80–0.85 percent represents a substantial rationalisation of trade-related costs and aligns with internationally accepted principles of trade facilitation and fiscal prudence.
He particularly acknowledged the pivotal role played by Chairman Businessmen Group (BMG) Zubair Motiwala, Vice Chairman BMG Jawed Bilwani, Former President KCCI Muhammad Idrees, and Chairman Pakistan Business Council Shabbir Dewan, who actively participated in a series of high-level meetings with the Sindh Government to resolve this pressing issue. Their consistent engagement, rigorous technical input, and unwavering representation of the business community’s concerns ultimately culminated in this constructive outcome.
Copyright Business Recorder, 2026
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