ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed apprehensions over "excessive powers" granted to the tax body, claiming that the government’s decision would stifle business activities. FPCCI President Atif Ikram Sheikh said on Friday that instead of further empowering the Federal Board of Revenue (FBR), the government should address issues of the public and business community’s lack of faith in the apex tax body. While addressing a post-budget news conference, Sheikh said the budget for the fiscal year 2024-25 was "not business friendly" and all new measures will only “discourage exports and local business activities”. "We cannot move in circles. The government is giving too much power to FBR […] it can