OICCI discusses its budget proposals with Aurangzeb

Govt wants experts to play role in every sector’s development: Haroon - Pakistan Observer

Special Assistant to Prime Minister (SAPM) for Industry and Production (SAPM) Haroon Akhtar Khan said on Saturday that the government wanted its role reduced in every sector and proactive role of experts to develop all sectors with provision of all service by the government authorities. He expressed these views while addressing a consultative session on Federal Budget 2025-26 here at Federation of Pakistan Chambers of Commerce and Industry (FPCC…

Aurangzeb reaffirms reform drive for sustainable growth

Finance Minister Muhammad Aurangzeb reiterated the government’s dedication to fostering sustainable and inclusive economic growth by boosting productivity and expanding exports. In a virtual meeting with Standard and Poor (S&P) Global Ratings, he highlighted the government’s ongoing reforms in vital areas such as taxation, energy, state-owned enterprises, privatization, public finance management, streamlining government operations, and improving…

OICCI discusses its budget proposals with Aurangzeb

ISLAMABAD: The Overseas Investors Chamber of Commerce & Industry (OICCI) on Friday discussed its proposals for budget 2025-26 with the Finance Minister, Senator Muhammad Aurangzeb on video link. The OICCI Tax Proposals 2025-2026, included a phased reduction of the Corporate Tax Rate to 25 percent, gradual abolition of Super Tax, and reduction of turnover tax for regulated industries, like oil refineries. Additionally, it recommended declaring al…

The Roadmap for a Comprehensive Tax Reform in Pakistan – Accountant Log

Pakistan has been grappling with a stagnant economy, slow growth, and a shrinking tax base, which can be attributed to its archaic tax system. The Federal Budget 2025-26 presents an opportunity for the government to implement comprehensive tax reforms that can boost economic growth, create jobs, and increase revenue. The Overseas Investors Chamber of Commerce and Industry (OICCI) has suggested its recommendations for the Federal Budget 2025-26, …

Finance Minister and OICCI align on tax reforms and economic growth

Karachi Finance Minister Muhammad Aurangzeb held a high-impact virtual dialogue with the OICCI, attended by senior leadership of leading multinational companies operating in Pakistan. The Minister shared the Government’s medium-term economic vision focused on broadening the tax base, raising the tax-to-GDP ratio for long-term fiscal sustainability, and reinforcing macroeconomic stability through structural reforms. He noted that changes in Pakis…

OICCI Proposes Major Tax Reforms, 5G Duty Exemptions in Budget 2025–26

Copyright protected content copied from PhoneWorld website. The Overseas Investors Chamber of Commerce & Industry (OICCI) has submitted its budget proposals for 2025–26, urging the government to introduce wide-ranging tax reforms and strategic incentives to support economic growth and digital transformation. A key recommendation is to exempt duties and taxes on infrastructure needed for 5G deployment, which the Chamber views as critical for Paki…