Industrial Export Refund: Chambers Demand Immediate Clearance of PKR 327 Billion Backlog from FBR

ISLAMABAD — Pushing for immediate cash-flow relief exactly one week after the formal passage of the federal budget, a high-level corporate delegation has presented a crucial roadmap to Minister of State for Finance Bilal Azhar Kayani. The apex trade representatives have strongly urged the state to clear outstanding refund backlogs amounting to a staggering PKR 327 billion, encompassing deferred sales tax, income tax, and duty drawbacks. To boost local software houses and textile manufacturing setups, exporters are also aggressively demanding the removal of cross-subsidies from the industrial power tariff, which continues to artificially inflate power costs and dull regional competitiveness.