Pakistan Business Chambers Seek One-Month Extension to Tax-Return Deadline

Overview

• At a Lahore Chamber meeting, FPCCI Senior Vice President Saqib Fayyaz Magoon and LCCI President Faheem ur Rehman Saigol publicly requested at least a one-month filing extension to ease pressure on businesses.
• The leaders said the relief would help traders submit returns without undue strain in a challenging economic environment.
• Speakers identified rising operating costs and especially higher energy tariffs as key drags on export growth, urging rationalization of power prices.
• FPCCI called for a review of Free Trade Agreements to better safeguard domestic industry and improve the competitiveness of Pakistani products abroad.
• FPCCI and LCCI pledged tighter coordination on advocacy and pressed for direct private‑sector representation in policymaking to ensure durable economic outcomes.