Karachi, July 15, 2025 – In a critical move to address mounting tensions over the Federal Board of Revenue’s (FBR) newly introduced tax regulations, Federal Finance Minister Muhammad Aurangzeb has stepped forward to initiate dialogue with the country’s business leadership. With a nationwide shutter-down strike planned by traders for July 19, Aurangzeb has invited representatives from all major chambers of commerce and trade associations to a crucial meeting today (Tuesday) in Islamabad. Aurangzeb, while addressing media representatives after his meeting with the Overseas Investors Chamber of Commerce and Industry (OICCI) in Karachi, expressed the government’s willingness to engage in constructive discussions. “We are here to listen. Tomorrow’s meeting is an opportunity to resolve issues through dialogue,” Aurangzeb stated, emphasizing the importance of direct communication between the government and the business sector. He urged chambers and trade bodies to thoroughly review the newly implemented tax provisions ahead of the meeting. Clarifying the FBR’s amended powers, Aurangzeb explained that any arrest related to discrepancies exceeding Rs 50 million would now require clearance either from a tax commissioner or a specially constituted three-member FBR board. “This ensures a system of…