Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Economy suffers as Qadri takes sit-in into Red Zone

byEditor
19/08/2014
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Imran Khan’s call for civil disobedience has sparked anger amongst the business community as economy has already suffered billions of rupees losses in a few days of political standoff. The Karachi Stock Exchange lost 222 points on Tuesday as panic and fear gripped the shareholders.

On another note, Tahirul Qadri’s call to his die-hard supporters to march towards Red Zone and hold sit-in before the Parliament House would also shaken the confidence of the foreign as well as local investors. The PTI and the PAT leaders’ locking of horns with ruling PML-N will not augur well for economy of the country as business activities have come to a standstill in the capital city. Other cities of Punjab, especially Lahore, Faisalabad, Multan and Sialkot have also been facing a similar situation for the last few days because of the road blockades by the Punjab government to stop followers of PTI and PAT from taking part into the Azadi and Inqilab marches.

You might also like

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

10/04/2026

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

10/04/2026

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has asked the business community to distance itself from Imran Khan’s “don’t pay taxes” call.

FPCCI president Zakaria Usman said that the current political situation and recent call for civil disobedience are not feasible moves as they amount to provoking people not to pay taxes and utility bills. He said the country is passing through critical economic and political conditions and political activities have hampered the process of economic and commercial development.

He further said business community is the real taxpayer and the government is bound to use this money in the right direction for development of the country.

Quetta Chamber of Commerce and Industry (QCCI) President Mohammad Asim Siddiqi said that the PTI has not unveiled any future plans as to how the country will run if nobody will pay taxes, duties and utility bills.

“Everybody has to pay taxes and duties to foster economic activities,” he said.

Rawalpindi Chamber of Commerce and Industry (RCCI) President Dr Shimail Daud Arain said he had contacted all chambers, including Karachi Chamber, who have unanimously rejected the PTI chief’s call.

Tags: Azadi marchImran KhanInqilablong marchNawaz SharifPATPTIRed ZoneTahirul Qadritaxes

Related Stories

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

byCT Report
10/04/2026

KARACHI: Chairman of the Arif Habib Consortium, the entity owning Pakistan International Airlines (PIA), Arif Habib has said that the...

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

byCT Report
10/04/2026

KARACHI: The Directorate General of Customs Valuation in Karachi has officially revised the customs values for lithium-ion batteries. Additionally, for...

Customs JIAP seizes gold, foreign currency worth Rs190m

byCT Report
10/04/2026

KARACHI: Collectorate of Customs has seized gold jewellery, gold bars and foreign currency worth around Rs190 million at the arrivals...

Inflation in Pakistan continues to surge

byCT Report
10/04/2026

ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...

Next Post

FBR transfers 3 Customs officers of Grade 21-20

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.