Lahore Chamber holds 'Financial Advisory Baithak' for members

LAHORE, (APP - UrduPoint / Pakistan Point News - 5th Jul, 2026) Lahore Chamber of Commerce and Industry (LCCI) Sunday organized the 11th session

of its Financial Advisory Baithak, offering free one-to-one consultation and advisory

services to members on taxation, customs and regulatory matters affecting the business

community.

The session was chaired by LCCI President Faheem Ur Rehman Saigol, while tax and

financial consultant Hamid Ullah Khan provided detailed guidance to participants and

addressed their queries on a wide range of business-related issues.

The discussion focused on Withholding Tax (WHT) Rates for 2027, Tax Year 2026 income

tax return filing, Punjab Revenue Authority (PRA) registration, the ISO 9001:2015 certification

and registration process, Goods Declarations (GD) through the Pakistan Single Window (PSW)

along with EIF-related matters, and customs warehousing charges on a per-CBM basis.

LCCI President Faheem Ur Rehman Saigol said, Financial Advisory Baithak was an important

initiative aimed at helping the business community navigate complex taxation and regulatory

procedures. He said that LCCI was committed to providing practical support to its members

by arranging regular advisory sessions with experienced professionals so that businesses

could remain compliant with evolving laws and regulations.

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He said that rapidly changing tax and regulatory environment requires businesses to remain

updated with the latest laws and procedures. He stressed that awareness and timely compliance

not only help businesses avoid unnecessary penalties and litigation but also contribute to a more

transparent and documented economy. He added that LCCI would continue organizing such

knowledge-sharing sessions to equip its members with the information and guidance needed

to address emerging business challenges effectively.

Consultant Hamid Ullah Khan highlighted recent developments in tax laws and customs procedures

and provided practical solutions to issues faced by businesses. He emphasized the importance

of timely tax compliance, proper documentation and awareness of regulatory requirements to

avoid unnecessary legal and financial complications.

The participants appreciated the initiative and termed the one-to-one advisory sessions highly

beneficial, as they enabled them to discuss their specific business concerns directly with the expert.