LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has congratulated the Federal Board of Revenue (FBR) on achieving its tax collection target, describing it as a positive development for the country’s economy and public finances.
LCCI President Faheem ur Rehman Saigol in a statement said the achievement reflects not only the efforts of tax authorities but also the unwavering commitment of Pakistan’s business community, industrialists, exporters and other taxpayers who continued to meet their tax obligations despite one of the most difficult business environments in recent years.
He said: “The business community is the principal contributor to the national exchequer. Industries have continued paying taxes despite high energy tariffs, elevated financing costs, inflationary pressures and declining purchasing power. Their contribution deserves appreciation as well as meaningful policy support.”
He said that the government should treat the successful achievement of the tax target as a reminder that sustainable revenue generation depends on a healthy and expanding industrial base. “You cannot expect industries to generate more revenue for the country while simultaneously creating uncertainty for them,” he remarked.
Saigol expressed concern that while industries are making significant contributions to national revenues, many manufacturing units in Lahore are facing sealing operations, relocation notices and legal action by the Lahore Development Authority (LDA), Ravi Urban Development Authority (RUDA) and the Environmental Protection Agency (EPA).
The LCCI President said the chamber fully supports environmental protection, planned urban development and regulatory compliance, but stressed that industrial relocation cannot succeed without first creating fully serviced industrial estates.
Copyright Business Recorder, 2026
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