Pakistan jewellers launch nationwide shutdown over rising tax burden

Jewellers across Pakistan have launched a nationwide shutdown in protest against what they describe as increasing tax pressure and stringent measures introduced by the government and tax authorities.

Trade bodies representing jewellers, goldsmiths, and precious metal traders have announced the closure of markets and businesses in several major cities, demanding relief from new tax regulations and compliance requirements.

According to industry representatives, the protest is aimed at drawing attention to concerns over higher taxation, increased documentation requirements, and what they claim are burdensome policies affecting the jewellery sector.

Traders argue that the measures have raised operating costs and made it difficult for small and medium-sized businesses to continue functioning profitably.

The shutdown has affected jewellery markets in multiple regions, with trade associations warning that the protest could be extended if the government does not address their demands.

The development comes amid broader debates in Pakistan over taxation reforms and efforts to expand the country's tax base. Officials have defended the measures as necessary for improving revenue collection and economic stability, while traders continue to call for consultations and policy revisions.