Tag: traders

Traders to Hold Nationwide Strike on August 28
Business, Pakistan

Traders to Hold Nationwide Strike on August 28

Traders across Pakistan will hold a nationwide shutterdown strike on August 28, responding to the government’s refusal to withdraw the controversial Tajir Dost Scheme. Kashif Chaudhry, President of the Traders Association, announced the strike after the government failed to address key concerns. Chaudhry revealed that the Federal Board of Revenue (FBR) has been in regular contact, but after two months of unproductive talks, he stated, “We will no longer continue negotiations without concrete action.” The strike targets the government’s decision to maintain the Tajir Dost Scheme and its unwillingness to revise agreements with Independent Power Producers (IPPs). Chaudhry emphasized that traders will not deposit advance tax under the scheme until the government abolishes it. He also wa...