LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has sought Prime Minister Shahbaz Sharif’s help for deferment of amendments that are bound to bring businesses to a halt. In a letter to Prime Minister Shahbaz Sharif, LCCI President Kashif Anwar drew his attention towards recently introduced SROs 457(I)/2024, SRO 350(I)/2024 and SRO 1842(I)/2023 and said that they are disproportionately affecting the businesses compliant with tax regulations and have brought the whole system to a halt. The SRO 350 links the buyers’ ability to file tax returns to the compliance of their suppliers. Due to this measure, a dangerous chain reaction has been set in motion. The potential chain reaction of non-compliance among suppliers will undoubtedly bring the system to a grinding halt, severely affecting businesses at every stage of the supply chain. The LCCI President said that the business community in Pakistan is confronted with steep and multi-dimensional economic challenges including inflation, devaluation, rising energy price, high interest rate and MDI charges, etc. He said that these pertinent issues are hampering the private sector growth and creating problems for the tax compliant persons. He said that the buyers should not be penalised if the sellers have not filed their Sales Tax returns. To deal with the issue…