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LCCI supports FBR plans for complete withdrawal of super tax
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UrduPoint News
LAHORE, (APP - UrduPoint / Pakistan Point News - 12th Aug, 2026) Lahore Chamber of Commerce and Industry (LCCI) Acting President Tanveer Ahmed Sheikh Wednesday welcomed the indication by Federal board of Revenue (FBR) regarding the possible complete withdrawal of Super Tax and reduction in the sales tax rate.
He added that business community has long been advocating rationalization of the tax burden on the existing taxpayers.
Super Tax adds to the financial burden on businesses and affects their ability to invest, expand operations and generate employment.
Tanveer Ahmed Sheikh urged the government and FBR to move forward with complete withdrawal of Super Tax, saying that such a measure would provide much-needed relief to the business community, improve business confidence and encourage both domestic and foreign investment.
Acting President LCCI also welcomed the indication regarding a possible reduction in the sales tax rate.