LCCI organises 11th session of Financial Advisory Baithak

LAHORE: The Lahore Chamber of Commerce & Industry organized the 11th session of its Financial Advisory Baithak, offering free one-to-one consultation and advisory services to members on taxation, customs and regulatory matters affecting the business community.

The session was chaired by LCCI President Faheem Ur Rehman Saigol, while tax and financial consultant Hamid Ullah Khan provided detailed guidance to participants and addressed their queries on a wide range of business-related issues.

The discussion focused on Withholding Tax (WHT) Rates for 2027, Tax Year 2026 income tax return filing, Punjab Revenue Authority (PRA) registration, the ISO 9001:2015 certification and registration process, Goods Declarations (GD) through the Pakistan Single Window (PSW) along with EIF-related matters, and customs warehousing charges on a per-CBM basis.

Speaking on the occasion, LCCI President Faheem Ur Rehman Saigol said that the Financial Advisory Baithak is an important initiative aimed at helping the business community navigate complex taxation and regulatory procedures. He said that LCCI is committed to providing practical support to its members by arranging regular advisory sessions with experienced professionals so that businesses can remain compliant with evolving laws and regulations.

He said that the rapidly changing tax and regulatory environment requires businesses to remain updated with the latest laws and procedures. He stressed that awareness and timely compliance not only help businesses avoid unnecessary penalties and litigation but also contribute to a more transparent and documented economy. He added that LCCI will continue organizing such knowledge-sharing sessions to equip its members with the information and guidance needed to address emerging business challenges effectively.

Consultant Hamid Ullah Khan highlighted recent developments in tax laws and customs procedures and provided practical solutions to issues faced by businesses. He emphasized the importance of timely tax compliance, proper documentation and awareness of regulatory requirements to avoid unnecessary legal and financial complications.

The participants appreciated the initiative and termed the one-to-one advisory sessions highly beneficial, as they enabled them to discuss their specific business concerns directly with the expert.

Among those who attended the session were Muhammad Taha Sarwar, Tariq Hameed, Shahid Hussain and Hafiz Muhammad Shafiq.

Copyright Business Recorder, 2026