A strike is being observed today in Karachi and Lahore after the Karachi and Lahore Chambers of Commerce called for protests against the Federal Board of Revenue’s (FBR) newly expanded powers. However, internal divisions among trader groups have led to a mixed response, with some markets remaining open.
In Karachi, the standoff between the government and the Karachi Chamber of Commerce and Industry (KCCI) remains unresolved. Traders are demanding a written assurance from the government, which has yet to be provided. In response, major commercial areas such as Jodia Bazaar, the fruit and vegetable market, Saddar Electronics Market, Sarafa Bazaar, and Lighthouse have closed in protest.
Tensions have also emerged between the KCCI and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). FPCCI President Atif Ikram Sheikh claimed that negotiations with the government were successful and stated there would be no need for a strike—highlighting a rift among business leadership.
In Lahore, major trading zones are observing a shutdown. Markets including Akbari Mandi, Badami Bagh auto market, Loha Market, Shah Alam Market, Lohari Market, and Brandreth Road are closed following calls from Anjuman-e-Tajiran and other trader associations.
Additional support for the strike has come from the Pakistan Steel Traders Association and Gunpat Road Paper Market, while the Textile Traders Association has suspended activity along Mall Road.
Despite the strike, many large retail outlets and brand stores remain open, underscoring the partial nature of the shutdown.
Trader organizations are demanding the reversal of FBR’s increased authority and an end to what they describe as persistent harassment of the business community. They have warned that protests will intensify if a formal, written assurance is not provided by the government.