Karachi, April 22, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has submitted a detailed set of tax proposals for the upcoming 2025–26 federal budget, urging the Federal Board of Revenue (FBR) to revive the Final Tax Regime (FTR) specifically for commercial importers. The association emphasized that restoring this system would provide much-needed relief, simplify taxation, and strengthen trust between the government and the business community. PCDMA Chairman Salim Valimuhammad, in collaboration with the association’s budget committee led by Umair Tariq, stressed the growing compliance burden on taxpayers. He argued that frequent audits, excessive documentation, and complex tax procedures discourage formal economic participation. The association stated that many importers are willing to comply with tax laws but are often hindered by limited technical know-how and the uncooperative attitude of tax officials. A core demand in the proposal is the reintroduction of FTR for commercial importers, especially since they are still subjected to Additional Sales Tax (Value Addition Tax) without enjoying the audit exemption that was previously linked to it. PCDMA maintains that either the audit immunity should be reinstated or the extra tax should be eliminated to maintain fairness for importers. Another major concern raised by PCDMA is the unequal treatment between commercial and industrial importers under Section 148 of the…