During a visit by Minister of State for Finance and Revenue, Bilal Azhar Kayani, to the Overseas Investors Chamber of Commerce and Industry (OICCI), key tax recommendations for the Federal Budget 2026–27 were discussed. Dr Najeeb Memon, from the Tax Policy Office, participated virtually. The Minister emphasized the value of input from foreign investors to enhance transparency and support growth.

OICCI proposed reducing the corporate tax rate to 28% in FY2026–27, with a gradual decline to 25% over three years, and the abolition of the Super Tax. They noted that the effective tax rate could reach nearly 46% when combined with other taxes. Recommendations also included eliminating the super tax and 10% surcharge on higher-income earners, capping the maximum personal tax rate at 25%, reducing sales tax from 18% to 17% (aiming for 15%), and revising minimum tax provisions.

OICCI Secretary General M. Abdul Aleem stressed the need for a fair, predictable, and investment-friendly tax system, encouraging all sectors to contribute based on their economic share. Foreign investors expressed concerns over tax refunds, compliance notices, and coordination issues between federal and provincial systems. OICCI highlighted the need for support in export-led sectors to sustain competitiveness and foster long-term growth.