Hassan Abbas on Muck Rack

Hassan Abbas

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Articles

Stakeholders for more equitable, transparent tax structure

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By Hassan Abbas 
| Business Recorder
LAHORE: A majority of participants at the Business Recorder Forum on challenges facing Pakistan’s textile sector backed the normal tax regime over the fixed tax regime, calling for a more equitable and transparent tax structure that accurately reflects actual income levels.
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APTMA wants customs tariff overhaul

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By Hassan Abbas 
| Business Recorder
LAHORE: The All Pakistan Textile Mills Association (APTMA) has presented the government with an extensive set of proposals seeking fundamental changes to the country’s customs tariff framework for the fiscal year 2026-27, warning that without immediate policy intervention, Pakistan’s textile sector faces irreversible damage from surging input costs, cheaper foreign imports, and a rapidly shrinking industrial base.
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APTMA urges sweeping ST reforms in FY27 budget

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By Hassan Abbas 
| Business Recorder
LAHORE: The All Pakistan Textile Mills Association (APTMA) has submitted 20 detailed budget proposals to the federal government, calling for fundamental changes to the country’s sales tax structure as the textile sector battles severe liquidity pressures, regulatory overreach, and declining competitiveness. A central theme of APTMA’s submission is reining in what it describes as unchecked discretionary powers exercised by tax officials against compliant businesses.
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