Pakistan’s leading trade organizations have voiced strong opposition to the proposed Finance Bill 2025-26, criticizing the government’s decision to empower the Federal Board of Revenue (FBR) with expansive enforcement powers. The Karachi and Lahore Chambers of Commerce and Industry caution that ignoring business sector concerns risks precipitating a severe trade crisis. The bill’s measures, perceived as hostile to commerce, come amid mounting operational challenges including energy shortages, rising costs, and liquidity constraints.