Pakistan, July 16 -- The government on Tuesday agreed to form a high-powered committee to address the business community's concerns over Section 37A of the Finance Act 2025, prompting traders to defer their planned nationwide strike for 30 days.

The decision was made during a meeting chaired by Finance Minister Senator Muhammad Aurangzeb in Islamabad, attended by representatives of major chambers of commerce, trade bodies, and business associations, the Finance Ministry said in a statement.

The minister assured the business community that the government's intention is to curb tax evasion, not to harass honest businesses.

To facilitate dialogue, a committee will be constituted under Special Assistant to the Prime Minister on Industries ...