Pakistan’s Commerce Minister Jam Kamal Khan announced plans.
Pakistan’s Commerce Minister Jam Kamal Khan announced plans to provide tax relief for the sports goods industry. During a meeting with the Sectoral Council for Sports Goods, he assured exporters that the government is committed to easing their tax burdens. The minister highlighted the need to reassess policies, particularly those related to energy production, which directly impact the industry’s competitiveness. The government is also considering maintaining the fixed tax regime for these exporters to further support their operations.
These steps are aimed at addressing the challenges faced by the industry, particularly in reducing operational costs and improving export competitiveness.