Pakistan and India say will consider de-escalation if other reciprocates

KARACHI: Businesses in Pakistan’s commercial capital of Karachi are observing a strike today, Saturday, to protest tax provisions in the country’s new Finance Act, as a growing number of trade bodies express frustration over what they say are “anti-business” measures that threaten to paralyze economic activity.

The Karachi Chamber of Commerce and Industry (KCCI), which spearheaded the strike call, said dozens of major trade and market associations from across the city had endorsed the shutdown, including those representing restaurants, motorcycle spare parts, iron and steel merchants and packaging manufacturers.

“All of Karachi will be closed,” KCCI President Muhammad Jawed Bilwani said at a news conference on Friday after an emergency meeting with market leaders.

“This is just a one-day strike for now,” he added. “But if we do not get written assurances before the next meeting, we will escalate, striking once a week, twice a week or even for entire weeks.”

Bilwani said KCCI had already conveyed its concerns to Prime Minister Shehbaz Sharif and called on the government to roll back provisions that authorize the Federal Board of Revenue (FBR) to arrest traders, impose penalties on cash transactions above Rs200,000, and enforce mandatory digital invoicing for goods transport.

“We are the ones who keep the economy running,” he said. “If our issues are not resolved, there will be no industry left in this country and we will take our businesses to Dubai.”

Saturday’s strike follows a previous warning issued by the chamber earlier this week, when it said over 50 trade associations across Pakistan had endorsed the protest. It also described the level of support as unprecedented in the country’s history.

Despite the broad show of unity in Karachi, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the country’s top business body, said on Friday it had postponed its own plans to participate in the strike after what it described as successful talks with the government.

“FPCCI President Atif Ikram Sheikh has announced the July 19 strike has been deferred following positive engagement with the government,” a statement from the federation said.

The split reflects a growing divide within the business community, with some factions seeking negotiation while others escalate their protest campaign.

Traders and transporters say the new tax provisions will burden already-struggling businesses and increase harassment by tax officials, especially in cities like Karachi, where law and order challenges, inflation and declining purchasing power have hurt commercial activity.

The KCCI has insisted that only written guarantees from the government will convince traders to call off the broader strike campaign.

Until then, Bilwani said, the protest will continue.

ISLAMABAD: Spotify has named rising Pakistani musician Afusic as its featured artist for the third quarter of 2025 under its global Radar program, spotlighting the viral star’s rapid ascent in the country’s evolving music scene.

Afusic — the stage name of Affan Khan — gained widespread recognition this year after his single “Pal Pal” went viral on the platform, amassing over 64 million streams. The song’s success has placed him among a new wave of artists reshaping Pakistan’s independent music landscape.

As the Pakistani music industry undergoes a digital transformation, platforms like Spotify have played a key role in spotlighting emerging talent and connecting local voices with global audiences.

“Spotify’s Radar Pakistan returns this quarter, spotlighting Afusic as its latest featured artist,” Pakistani agency Asiatic Public Relations said in a statement on Friday. “This milestone marks a significant moment in his rapidly rising career with his viral track ‘Pal Pal’ being featured on the Radar Pakistan playlist.”

According to Spotify data shared by the agency, Afusic’s audience has surged by more than 1,200 percent since April 2025, with his music landing on nearly 270,000 playlists globally.

Streams have spiked over 440,000 percent since the song debuted in the platform’s Fresh Finds Pakistan playlist in February.

“In the past 28 days alone, the demographic breakdown of his global audience reveals a strong connection with younger listeners — 60 percent male and 40 percent female — led by the 18–24 age group, followed closely by 25–34-year-olds,” the statement said.

Afusic called the Radar selection a “huge moment.”

“Radar is an incredible platform that shines a light on independent artists and helps us reach new audiences, while also giving fans a chance to connect with who we are beyond the music,” he said. “I’m truly grateful for the support Spotify has shown me — watching ‘Pal Pal’ grow from Fresh Finds to Hot Hits Pakistan shows just how powerful this journey can be.”

Afusic joins past Radar Pakistan alumni including Hasan Raheem, Taha G, Shae Gill, and Rovalio, all of whom have gained both domestic and international acclaim in recent years.