The All Pakistan Textile Mills Association (APTMA) has strongly criticized the recently enacted Ordinance No. IV of 2025, describing it as an oppressive move that introduces deeply troubling changes to the Income Tax Ordinance, 2001.
In a statement issued Tuesday, APTMA urged the government to withdraw the amendments immediately and consult stakeholders to ensure tax reforms are balanced, lawful, and transparent.
The “Tax Laws (Amendment) Ordinance, 2025,” promulgated on May 2, grants the Federal Board of Revenue (FBR) sweeping powers, including the authority to recover dues directly from taxpayers’ bank accounts and to seize movable or immovable assets following a court decision—without issuing further notice.
It also authorizes FBR officers to be posted at business premises to monitor production, stock, and supply.
APTMA expressed grave concern over amendments to Sections 138 and 140, saying that the changes effectively remove legal safeguards for taxpayers and place excessive authority in the hands of the FBR, even overriding protections offered by higher courts.
“The ordinance places unchecked power with tax authorities and undermines judicial oversight,” APTMA warned. While the association acknowledged efforts to stimulate economic activity, it emphasized that any meaningful reform must respect due process and taxpayer rights.
