BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

ISLAMABAD: Traders Action Committee of Islamabad has called a meeting on Wednesday (December 10) to finalise a strategy to deal with the Federal Board of Revenue (FBR) forced enforcement of registering small shops with the point of sales (POS) system.

All Pakistan Anjuman-e-Tajiran (APAT) Chairman Ajmal Baloch told Business Recorder that the traders have decided to convene a meeting to chalk out a final action plan against the forced POS registration of Islamabad-based traders.

In this regard, the meeting will also consider extreme measure of shutter-down strike or protest in front of the FBR Headquarters.

Traders will also discuss different issues related to documentation, registration and POS system, Ajmal Baloch said.

Traders may announce to start protests or shutter-down strike against the government’s decisions to forcefully register traders with the POS system.

The Rawalpindi Chamber of Commerce and Industry (RCCI) has also expressed serious concern over recent raids conducted at business centres in the city under the pretext of under-invoicing and low tax payments.

RCCI President Usman Shaukat, while strongly condemning the actions, said that such raids create an atmosphere of fear and send a negative message across the business community. “These actions amount to harassment. Instead of broadening the tax net, the FBR is targeting existing taxpayers, which is counterproductive,” he remarked.

He urged the FBR and all relevant departments to adopt a fair and transparent process, stressing that a formal notice should be issued to traders before any action is taken. He added that RCCI has always supported documentation and lawful tax practices, but arbitrary raids damage trust between businesses and regulatory bodies.

The RCCI called for an immediate halt to such practices and emphasized the need for constructive engagement to improve the tax system.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.