{
  "id": 553818,
  "title": "Business Leaders Ask Govt to Make Tax System More Predictable",
  "url": "https://urgent.news/2026/08/11/business-leaders-ask-govt-to-make-tax-system-more-predictable",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-11T09:29:29.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/08/11/business-leaders-ask-govt-to-make-tax-system-more-predictable/"
  },
  "original_language": "en",
  "account": "Business leaders have called on the federal government to create a more predictable and transparent tax system, emphasizing that policy certainty is crucial for attracting investment, fostering business expansion, and promoting long-term economic growth. During an advisory meeting between Khurram Schehzad, Advisor to the Finance Minister, and the leadership of the Pakistan Business Council (PBC), both parties discussed various economic measures. These included tax reforms, privatization, and steps to boost private-sector participation. They also examined the government’s plans for selling power distribution companies (DISCOs), banks, airports, and exploring the option of bringing public-sector entities like the State Life Insurance Corporation (SLIC) to the capital market via initial public offerings (IPOs). The PBC expressed support for the government’s rightsizing initiative, advocating for a leaner public sector and called for detailed recommendations on privatization and restructuring of state-owned enterprises (SOEs). Both sides underscored the significance of a stable, transparent tax regime to encourage investment and economic activity. The PBC pledged to provide its insights on tax policy, aiming to shape the medium-term tax policy framework. The PBC welcomed the federal budget’s shift from raising tax burdens to broadening the tax base and fostering economic activity, and appreciated the incentives for exporters and businesses to enhance competitiveness, lower operational costs, and spur investment. Khurram Schehzad highlighted the importance of ongoing collaboration with the business sector to bolster investor confidence, improve the business environment, and implement sustainable economic reforms. Both parties agreed to continue working together to advance reforms, encourage private-sector investment, and support sustainable economic growth.",
  "summary": "Business leaders have urged the federal government to establish a more predictable and transparent tax system, saying policy certainty is … Read More The post Business Leaders Ask Govt to Make Tax System More Predictable appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}