Jewellery businesses in Karachi observed a partial shutdown on Tuesday to protest recent raids conducted by the Federal Board of Revenue (FBR). The protests were led by the Karachi Jewellers Association, who allege harassment and intimidation during the FBR’s actions. Business owners claim the raids are disrupting trade and creating an atmosphere of fear within the community. The FBR maintains the raids were part of a routine investigation into tax evasion and illicit gold trading. Negotiations between jewellers and FBR officials are ongoing, with demands for an end to the raids and a review of the investigation process. The partial closure impacted business activity across major markets, and further protests are threatened if demands are not met. Authorities are attempting to mediate a resolution to minimize economic disruption.