ADVERTISEMENT
Monday, February 16, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

SITE Industrialists Declare Full Support for Karachi Chamber’s Strike Call

The SITE Association of Industry Karachi has extended its full support to the Karachi Chamber’s call for a nationwide strike on July 19, rejecting the controversial Sections 37A and 37B introduced in the Finance Bill.

News Desk by News Desk
July 14, 2025
Site Chief Terms 12% Policy Rate Decision as Disappointing
Share on FacebookShare on Twitter

KARACHI: The SITE Association of Industry Karachi has extended its full support to the Karachi Chamber’s call for a nationwide strike on July 19, rejecting the controversial Sections 37A and 37B introduced in the Finance Bill. The industrial body has sent a firm message to the government, declaring that the industrial community will not tolerate such oppressive laws under any circumstances.

Ahmed Azeem Alvi, President of the SITE Association, condemned the provisions of these laws, which grant FBR officers the power to arrest honest taxpayers based solely on suspicion and even file FIRs against them. He termed the introduction of these laws as “extremely deplorable.”

Advertisements

 Representing the united voice of all industrialists in the SITE area, Alvi warned that if the government fails to repeal these laws, industries in Karachi’s largest industrial zone, SITE, will shut down on July 19. This shutdown will lead to a halt in production, delay export orders, and result in significant layoffs, placing full responsibility on the government for the consequences.

He pointed out that globally, governments promote businesses by offering tax relief and incentives to stabilize the economy, create jobs, and build investor confidence. However, Pakistan’s situation is starkly different. “Who are the people behind these laws that are pushing Pakistan backward?” asked Alvi. “Does the government not realize that when businesses thrive, the country earns revenue and people get jobs? But if industries close down, where will the government collect taxes?”

Alvi expressed his concern about the motives behind the legislation, asking, “Are these laws designed to force businesses to shut down and leave Pakistan, creating chaos in the country? Who stands to gain from spreading unrest?”

He shared that he recently met Javed Bilwani, President of the Karachi Chamber, to discuss the issues faced by SITE industrialists, and expressed his full support for the chamber’s efforts in addressing these concerns.

“We are still grappling with the problems posed by Sections 37A and 37B, and now new challenges like e-filing and e-Bilty have been introduced,” he said. He called on the government to clarify its position, asking, “What exactly does the government want? Does it want the business community to shut down their industries and sit idle at home, or relocate to another country?”

Alvi emphasized the need for a wise approach if Pakistan is to become an economic power. “Rather than intimidating the people, we need to create a business-friendly environment where industries can operate without fear,” he said. He further questioned how many awareness sessions FBR had conducted before enforcing these laws, emphasizing that laws should not serve as a tool for harassment.

“These laws will only enrich the 22,000 FBR employees while forcing honest businessmen to flee the country. The SME sector will be particularly devastated,” Alvi stated.

In his appeal to Prime Minister Shehbaz Sharif, a businessman himself, Alvi urged him to repeal the laws and hold accountable those responsible for drafting them. “These laws are creating unrest and despair within the business community. Why not simplify the process and ensure taxes go directly to the national treasury? We want to pay taxes and contribute to the country’s growth—but with dignity.”

He also recommended that the Prime Minister involve the presidents of all chambers of commerce in the law-making process, ensuring that the legislation reflects ground realities.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

2nd Day of Sukkur Trade Exhibition Concludes Successfully at IBA Public School SUKKUR, February 15, 2026:
Business

2nd Day of Sukkur Trade Exhibition Concludes Successfully at IBA Public School SUKKUR, February 15, 2026:

February 15, 2026
Giant Freshwater Prawn Farmers’ Day & Technical Roadshow Showcases Pakistan’s First All-Male Hatchery – PakRos
Business

Giant Freshwater Prawn Farmers’ Day & Technical Roadshow Showcases Pakistan’s First All-Male Hatchery – PakRos

February 15, 2026
UBL Executes PKR 20 Billion Interest Rate Swap with Engro, Reinforcing Leadership in Pakistan’s Derivatives Market
BANKING

UBL Executes PKR 20 Billion Interest Rate Swap with Engro, Reinforcing Leadership in Pakistan’s Derivatives Market

February 15, 2026
IMARAT and HSY Unite to Redefine Luxury Living in Pakistan
Business

IMARAT and HSY Unite to Redefine Luxury Living in Pakistan

February 15, 2026
PDA and United Nations University Sign MoU for GovAI, launching a Scalable AI Training Model to Empower Governments Globally
Business

PDA and United Nations University Sign MoU for GovAI, launching a Scalable AI Training Model to Empower Governments Globally

February 15, 2026
The APNS thanked Mr. Muzamil Aslam Advisor Finance KP Government for approval to pay the long outstanding dues of newspapers on the request of APNS.
Business

The APNS thanked Mr. Muzamil Aslam Advisor Finance KP Government for approval to pay the long outstanding dues of newspapers on the request of APNS.

February 15, 2026
2nd Sukkur Trade Exhibition & Seminar2026 
Business

2nd Sukkur Trade Exhibition & Seminar2026 

February 14, 2026
First Lady Melania Trump Embraces Love of Country & Family to United States Armed Forces
Headline

First Lady Melania Trump Embraces Love of Country & Family to United States Armed Forces

February 14, 2026
Headline

Financial Management (FM) – A Comprehensive Guide by Luqman Rafiq | March 2026

February 14, 2026
Pakistan Said: It’s a Heartbreak Valentine’s — And  Men Are Leading the Streams
Headline

Pakistan Said: It’s a Heartbreak Valentine’s — And Men Are Leading the Streams

February 14, 2026
Next Post
France Celebrates National Day in Karachi: CG Alexis Chahtahtinsky Highlights Bilateral Ties,

France Celebrates National Day in Karachi: CG Alexis Chahtahtinsky Highlights Bilateral Ties,

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Korangi Causeway to Close After Malir Expressway Completion: Sindh CM

Who invented paper? Ancient China and the history of paper

Song “Tanha Akeli Hoon,” filmed on Saba Qamar, gains popularity in the voice of Saira Peter

NAASAA aims to promote Pakistani talent worldwide.

We will live with Covid19 for months. Let’s not deny it or panic: Dr. Faheem Younus

Must Read

PID Karachi held seminar to highlight atrocities in IOJK.
Karachi

PID Karachi held seminar to highlight atrocities in IOJK.

August 7, 2024
Pakistan Petroleum Dealers Threaten Nationwide Shutdown Over Tax Dispute
PAKISTAN

Pakistan Petroleum Dealers Threaten Nationwide Shutdown Over Tax Dispute

July 1, 2024
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.