ISLAMABAD: The government’s much-touted tax reform is likely to face substantial resistance as the traders’ community has announced a nationwide strike on Wednesday (today), with partial support from a few political parties and trade associations.

Prior to the strike call, traders’ representatives visited the Federal Board of Revenue’s headquarters on Tuesday to express their discontent to FBR Chairman Rashid Mahmood and his team regarding the Tajir Dost Scheme, which was implemented in April, and the recently notified tax rates that took effect in August.

The expansion of the country’s tax base will now pose a significant challenge for the PML-N and its coalition partner, the PPP, as the protesting traders have political affiliations with these parties. Nevertheless, opposition parties — JUI-F, Jamaat-i-Islami........

© Dawn Business