Pakistan, July 21 -- The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed strong reservations over recent policy measures announced by the Punjab government, including the imposition of a 16% sales tax on commercial property rent and the introduction of arrest powers for non-compliance with the newly mandated minimum wage.

RCCI President Usman Shaukat, in an official statement issued on Sunday, criticized the recent decisions of Punjab Revenue Authority (PRA) "This new tax regime will significantly raise the cost of doing business for tenants, particularly retailers, across Punjab," he said and added that the decision will discourage investment, push legitimate businesses into the informal sector, and further strain an al...