Malakand Tax Protests Escalate; Business Community Threatens Civil Disobedience

The Swat Chamber of Commerce and Industry is escalating its protest against federal taxes in Malakand Division, devising a strategy that includes potential non-payment of utility bills and civil disobedience. While provincial taxes have been withdrawn, the business community demands federal tax relief, citing severe economic pressure from high utility bills and additional levies. A critical meeting with Prime Minister Shehbaz Sharif is planned, with warnings of expanded protests if a satisfactory package is not announced. This ongoing regional unrest could add to domestic economic uncertainty, potentially influencing investor sentiment regarding the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com