BR100 Decreased By (-0.53%)
BR30 Decreased By (-0.98%)
KSE100 Decreased By (-0.46%)
KSE30 Decreased By (-0.43%)
AGHA 6.69 Increased By ▲ 0.01 (0.15%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.25 Decreased By ▼ -1.07 (-1.87%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.38 Decreased By ▼ -0.41 (-0.78%)
FFL 14.57 Decreased By ▼ -0.15 (-1.02%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 6.05 Increased By ▲ 0.32 (5.58%)
LOTCHEM 26.39 Decreased By ▼ -0.07 (-0.26%)
MLCF 91.85 Decreased By ▼ -1.31 (-1.41%)
NBP 164.20 Decreased By ▼ -0.46 (-0.28%)
NCPL 53.50 Decreased By ▼ -2.16 (-3.88%)
NPL 58.97 Decreased By ▼ -2.19 (-3.58%)
OGDC 315.00 Decreased By ▼ -1.73 (-0.55%)
PACE 9.90 Increased By ▲ 0.03 (0.3%)
PAEL 35.18 Decreased By ▼ -0.45 (-1.26%)
PIBTL 14.65 Decreased By ▼ -0.03 (-0.2%)
PPL 222.80 Decreased By ▼ -4.11 (-1.81%)
PRL 91.35 Decreased By ▼ -1.67 (-1.8%)
PTC 59.01 Decreased By ▼ -1.25 (-2.07%)
SSGC 23.35 Decreased By ▼ -0.46 (-1.93%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.70 Decreased By ▼ -0.10 (-1.28%)
TPL 22.20 Decreased By ▼ -0.15 (-0.67%)
TPLP 12.61 Decreased By ▼ -0.36 (-2.78%)
TREET 21.99 Decreased By ▼ -0.17 (-0.77%)
TRG 56.50 Decreased By ▼ -0.06 (-0.11%)

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have called for the immediate withdrawal of the 0.9 percent Punjab Infrastructure Development Cess (PIDC), urging Chief Minister Maryam Nawaz Sharif and other senior provincial authorities to abolish the levy without delay.

FPCCI President Atif Ikram Sheikh said the cess has imposed an unnecessary financial burden on the business community and demanded that customs clearance operations be shifted from Karachi to Punjab by reviving the province’s eight largely non-operational dry ports, three of which are directly connected to railway tracks. He maintained that activating these facilities would help reduce business costs and generate employment opportunities.

FPCCI Regional Chairman Zaki Aijaz observed that rail cargo is more economical than road transport and could significantly lower demurrage charges for traders. The federation also appealed to the governments of Sindh, Khyber Pakhtunkhwa and Balochistan to abolish similar levies imposed in their respective provinces.

Copyright Business Recorder, 2026

Comments

200 characters remaining