What Happened: At a national gathering in Bhurban, government and private sector leaders agreed on the urgent need to align laws on taxes and environmental regulations.
What you need to know: Hosted by CoRe Alliance, Baby Food and Nutrition Council, and Fruit Juice Council, the event highlighted that harmonization is crucial for business growth, economic development, and public ease. State Minister for Finance Ali Pervaiz Malik, along with other officials, stressed reforms like the Regulatory Guillotine and National Tax Council Activation. Discussions focused on easing business operations, tackling counterfeit goods, and improving packaging and environmental laws.
What more: Speakers emphasized that inconsistent provincial taxes hurt businesses, while better food standards set a strong example. The meeting also addressed the impact of illegal trade on legal businesses and the export potential of packaged food, especially in Halal markets. Director General of the Pakistan EPA, Ms. Farzana Altaf, closed the session by urging unified environmental laws for a sustainable economy. Key government bodies, including SIFC, BOI, and FBR, participated.