Pakistan's tax regime cripples, pushes formal businesses to brink
Published on: May 28, 2026, 2:55 p.m. | Source: The Tribune
The Federal Board of Revenue's withholding and advance tax policies are placing severe strain on Pakistan's Fast-Moving Consumer Goods (FMCG) sector, especially the food industry, according to Hyderabad SITE Association of Trade and Industry Chairman Zubair Ghangra. Ghangra stated that the current taxation framework has become a major obstacle to industrial growth and business sustainability, as reported by Dawn.
