Jewellers body warns FBR shop presence crippling trade nationwide
MG News | June 05, 2026 at 12:47 PM GMT+05:00
June 05, 2026 (MLN): All Pakistan Gems & Jewellers Association has strongly condemned the Federal Board of Revenue's conduct under Section 175C.
As per them, FBR officials
are sitting in jewellery shops from morning till evening for up to 15 to 20
days at a stretch, crippling business activities and spreading fear among
traders across the country.
Qasim Shikarpur,
President of the All Pakistan Gems & Jewellers Association, said the
jewellers community is regularly paying taxes yet is being subjected to
continuous surveillance and undue pressure that amounts to discouraging
business.
He warned that
if the situation persists, the community will be compelled to announce its
future course of action, according to a press release issued.
Qasim Shikarpur
said protests are already underway in various cities including Peshawar, and
that negotiations with FBR Chairman Rashid Mahmood Langrial are ongoing with
meetings held in Islamabad every few weeks.
He said carrying
out such actions during active negotiations undermines the environment of
mutual understanding.
He demanded that
FBR immediately discontinue the practice, adding that no civilized country
permits government officials to remain stationed in business premises for days
and weeks on end.
Furthermore, he called for
the tax system to be made simple, transparent and business-friendly so traders
can operate with confidence and contribute to the national economy.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,436.00 83.61M | 0.15% 260.49 |
| ALLSHR | 103,406.81 366.45M | 0.22% 223.67 |
| KSE30 | 51,230.03 38.23M | 0.01% 7.53 |
| KMI30 | 245,772.10 36.30M | 0.13% 329.37 |
| KMIALLSHR | 67,155.96 174.85M | 0.27% 178.44 |
| BKTi | 46,581.90 7.70M | -0.24% -112.57 |
| OGTi | 35,606.80 1.69M | -0.24% -84.87 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 62,650.00 | 64,050.00 61,255.00 | -1145.00 -1.79% |
| BRENT CRUDE | 94.21 | 95.90 93.64 | -0.82 -0.86% |
| RICHARDS BAY COAL MONTHLY | 122.50 | 0.00 0.00 | -0.25 -0.20% |
| ROTTERDAM COAL MONTHLY | 137.00 | 137.00 136.45 | 2.95 2.20% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.11 | 93.54 91.50 | -0.93 -1.00% |
| SUGAR #11 WORLD | 14.30 | 14.30 14.17 | 0.03 0.21% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Trade Balance