The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the timely decision of the Federal Minister for Finance and Revenue to revise the Anomaly Committee (Business) and appoint its President Atif Ikram Sheikh, as Co-Chairman.
It is pertinent to note that the committee has been established to identify, evaluate, and resolve discrepancies and anomalies arising from the recently announced Federal Budget 2026-27, ensuring that fiscal policies are aligned with the realities of the business climate.
The inclusion of FPCCI leadership at the helm of this critical committee reflects a targeted approach by the government to bridge the gap between macroeconomic policymaking and private-sector execution.
Addressing the development, FPCCI President Atif Ikram Sheikh stated that the organization appreciates the proactive engagement of the Federal Finance Minister with the apex trade body of Pakistan. He further said that the immediate resolution of fiscal and tariff anomalies in the federal budget is not merely about correcting administrative oversights; rather, it is critical to maintaining industrial momentum, sustaining export competitiveness, and achieving broader macroeconomic targets.
Mr Sheikh maintained that, in his capacity as Co-Chair, his focus would be to ensure that taxation measures do not stifle growth, particularly in an environment where businesses are already navigating high costs of doing business and ongoing structural economic adjustments.
Sheikh further explained that the Anomaly Committee (Business) will serve as the primary institutional mechanism for the trade and industrial sectors to present evidence-based cases regarding unintended tax burdens, regulatory bottlenecks, and discrepancies in the Finance Bill.
Sheikh elaborated that FPCCI’s sectoral and technical experts have already begun compiling a comprehensive, data-driven record of budgetary discrepancies that disproportionately impact manufacturing, exports, and other key sectors of the economy.
The FPCCI has officially invited all affiliated chambers, associations, and trade bodies to submit their highlighted anomalies to the FPCCI Secretariat. As Co-Chairman, the President of FPCCI will coordinate directly with the Ministry of Finance and the Federal Board of Revenue (Federal Board of Revenue) to ensure swift and equitable resolutions before the final implementation of the Finance Act.