PCCI President Atif Ikram Sheikh Appointed Co-Chairman of the Federal Anomaly Committee (Business) by Finance Minister

Karachi: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) welcomes the
timely decision by the Federal Minister for Finance and Revenue to revise the Anomaly
Committee–Business, appointing President FPCCI, Mr. Atif Ikram Sheikh, as its Co-Chairman.

It is pertinent to note that the committee has been established to identify, evaluate, and resolve
discrepancies and anomalies arising from the recently announced Federal Budget 2026-27;
ensuring that fiscal policies align with the realities of the business climate.

The inclusion of the FPCCI leadership at the helm of this critical committee reflects a targeted
approach by the government to bridge the gap between macroeconomic policymaking and
private-sector execution.

Addressing the development, Mr. Atif Ikram Sheikh, President FPCCI, stated that we appreciate
the Federal Finance Minister’s proactive engagement with the apex trade body of Pakistan. The
immediate resolution of fiscal and tariff anomalies in the federal budget is not just about
correcting administrative oversights; it is critical to maintaining industrial momentum, sustaining
export competitiveness, and meeting our broader macroeconomic targets.

Mr. Atif Ikram Sheikh maintained that his focus as Co-Chair will be to ensure that taxation
measures do not stifle growth, particularly in an environment where we are already navigating
high costs of doing business and structural economic adjustments.

Mr. Arif Ikram Sheikh explained that the Anomaly Committee–Business will serve as the
primary institutional mechanism for the trade and industrial sectors to present evidence-based
cases regarding unintended tax burdens, regulatory bottlenecks, and discrepancies in the Finance
Bill.

Mr. Atif Ikram Sheikh elaborated that FPCCI’s sectoral and technical experts have already
commenced compiling a comprehensive, data-driven ledger of budgetary discrepancies that
disproportionately impact our manufacturing, exports, and other sectors of the economy.

The FPCCI has officially invited all affiliated chambers, associations, and trade bodies to submit
their highlighted anomalies to the FPCCI secretariat. As Co-Chairman, the President of FPCCI
will coordinate directly with the Ministry of Finance and the Federal Board of Revenue (FBR) to
ensure swift, equitable resolutions before the final implementation of the Finance Act.

Brig Iftikhar Opel, SI (M), Retd.

Secretary General