Post-budget analysis: LCCI holds session on Finance Bill amendments

LAHORE: President Lahore Chamber of Commerce and Industry (LCCI) Faheem-ur-Rehman Saigol has stressed the importance of maintaining close coordination between the government and the business community in the budget-making process.

Chairing a session on “Post Budget Analysis of Important Amendments Proposed through the Finance Bill, 2026” at the LCCI, he said that policies aimed at increasing revenues should not hamper economic activity or add to the difficulties already being faced by industry and commerce. He said that sustainable economic growth can only be achieved through business-friendly policies, wider tax net and facilitation of productive sectors.

The session was attended by Senior Vice President Tanveer Ahmad Sheikh, former FPCCI and LCCI President Mian Anjum Nisar, former LCCI President Muhammad Ali Mian, former Vice President Tahir Manzoor Chaudhry, and Executive Committee members.

The LCCI chief said consultations with stakeholders are essential to ensure that taxation measures are balanced and supportive of economic expansion. The private sector remains committed to contributing to national development and expects a conducive policy framework to encourage investment and enhance competitiveness, he added.

Barrister Hassan Akhtar delivered a comprehensive presentation highlighting the key amendments proposed through the Finance Bill, 2026. He explained various changes relating to taxation, documentation requirements, compliance measures and other fiscal provisions, while outlining their possible implications for businesses and economic activity.

The participants held a detailed and interactive discussion on the impact of the proposed measures on trade, industry and the overall business environment. They reviewed various provisions of the Finance Bill and exchanged views on issues affecting industrial growth, investment and ease of doing business.

Copyright Business Recorder, 2026