PESHAWAR
\nSarhad Chamber of Commerce and Industry has proactively presented the business community concerns on 37A, 37B, 21 (S), 8B, SRO-709 (Digital POS integration), and Section 25A penalties during the meeting of Senate Committee on Revenue and Finance.
\nSCCI urged the government to immediately withdraw harsh tax steps and anti-business proposals from Finance Act 2025-26.
\nAccording to details, a meeting of the Senate Standing Committee on Finance and Revenue was held under chairmanship of the committee chairman Senator Saleem Mandviwalla in the parliament house, said in a statement here on Friday.
\nApart from the Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan, Group leader and FPCCI former president Ghazanfar Bilour, member of the chamber\u2019s executive committee Sajjad Zaheer, office bearers and representatives from various chambers of commerce and industry were in attendance during the meeting.
\nIn the meeting, the SCCI leaders firmly opposed several regressive budgetary provisions, including Sections 37A, 37B and collection of additional tax on sale of over Rs200,000 in section 21(S), unjust recruitment of FBR officials under the section 8B, SRO-709 (Digital POS integration), and Section 25A penalties.
\nThe meeting thoroughly deliberated upon the business community reservations on the afore-stated sections and digital invoicing system.
\nThe meeting acknowledged the anomalies, issues and assured corrective action.
\nIt also assured that the implementation of the Digital Invoicing System may be deferred whereas Sections 37A, 37B and 21 (S) of the Finance Act 2025-26 to be modified to bring some sort of relaxation in these sections so that would provide immediate relief to the community.
\nThe SCCI and business leaders on the occasion thanked the Senate Standing Committee on Finance and Revenue for its assurance to address the genuine concerns and legitimate demands of the business community.
\nThe SCCI said the outcome reflects the united voice of the business community, strengthened by coordinated advocacy, stakeholder unity, and strategic engagement.
\nIt also reaffirms SCCI\u2019s unwavering commitment to serving businesses through advocacy, engagement, and evidence-based policy recommendations \u2014 signaling a path toward growth, sustainability, and mutual understanding among all stakeholders.
\nThe committee chairman Senator Saleem Mandviwalla told the meeting that the government is fully committed to facilitate businesses and remove hurdles for smooth trade and export.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR Sarhad Chamber of Commerce and Industry has proactively presented the business community concerns on 37A, 37B, 21 (S), 8B, SRO-709 (Digital POS integration), and Section 25A penalties during the meeting of Senate Committee on Revenue and Finance. SCCI urged the government to immediately withdraw harsh tax steps and anti-business proposals from Finance Act 2025-26. …<\/p>\n","protected":false},"author":4,"featured_media":84297,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-84296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/84296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=84296"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/84296\/revisions"}],"predecessor-version":[{"id":84298,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/84296\/revisions\/84298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/84297"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=84296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=84296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=84296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}