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Govt intends to completely abolish super tax, FBR chairman tells industrialists

Profit by Pakistan Today • • 1 min read

Govt intends to completely abolish super tax, FBR chairman tells industrialists

The government plans to phase out the super tax entirely, FBR Chairman Rashid Mahmood Langrial told industrialists during a visit to KATI, Profit by Pakistan Today reported. He said work on removal had started after an initial cut of two percentage points, but gave no timetable for completing the process.

Langrial also said a dedicated FBR office would open at KATI to help businesses in Korangi resolve tax matters, with the authority’s help desk set to expand from Karachi to Sukkur. Discussions covered raw-material import procedures, border trade issues affecting leather businesses and cooperation with pharmaceutical companies on the Track and Trace System.

KATI President Sheikh Umer Rehan raised delayed tax refunds, saying billions of rupees owed to businesses were stuck with the FBR and limiting their working capital. He also called for faster refund processing and more automated tax procedures, while saying reforms could support revenue collection and help reach the government’s Rs100 billion export target sooner.

At a glance

  • The government intends to eliminate the super tax gradually after an initial two-percentage-point reduction.
  • KATI raised concerns about delayed refunds and urged more automated tax procedures.

Originally reported by Profit by Pakistan Today

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