Pakistan, May 29 -- Pakistan's organized retail sector has urged the government to overhaul the current retail taxation structure in the upcoming Finance Bill 2025-26, highlighting the urgent need for fairer policies to support compliant businesses and expand the tax base.
In a detailed appeal to Federal Minister for Finance Muhammad Aurangzeb, the Chainstore Association of Pakistan (CAP)-the official representative body for over 150 Tier-1 retail chains-called for inclusive policy-making through structured consultation with the private sector. CAP stressed that the upcoming budget presents a critical opportunity to resolve long-standing disparities and bring undocumented retailers into the tax net without penalizing compliant players.
CA...