PESHAWAR: The provincial government of Khyber Pakhtunkhwa has accepted the long-standing demand of the business community and announced to reduce the rate of the provincial Infrastructure Development Cess (IDC) from 2 percent to 0.75 percent.
This important announcement was made by the Advisor to Chief Minister of Khyber Pakhtunkhwa on Finance, Muzammil Aslam, in a high-level consultative meeting regarding the provincial budget 2026-27, which was attended by the presidents of chambers of commerce from across Khyber Pakhtunkhwa, business leaders and government officials.
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Those who participated in the meeting include president Khyber Chamber of Commerce and Industries, Haji Muhammad Yousuf Afridi, Group Leader Syed Jawad Hussain Kazmi, Senior Vice President Wajid Ali Shinwari, Hazrat Ali Shinwari, Secretary Ali Faisal, President Malakand Chamber Inam Khan, President Kohat Chamber Haji Rashid Ahmed Paracha, President Women Chamber of Commerce (Peshawar) Qurtul Ain, Additional Secretary Industries Muhammad Ishaq, ADG Revenue Excise and Taxation Salahuddin, Additional Secretary Planning and Development Muhammad Tawfiq, Director Excise and Taxation Syedul Amin, representatives of various chambers and senior government officials in large numbers.
Copyright Business Recorder, 2026