ISLAMABAD
The Overseas Investors Chambers of Commerce and Industries (OICCI) presented its key taxation proposals for 2023-24 budget to Minister of Finance Ishaq Dar. According to a press release issued here Sunday, the meeting was attended by the Governor State Bank, top leadership of the Ministry of Finance and Revenue and FBR. OICCI President, Amir Paracha appreciated the engagement by the Govt with leading tax contributor in the country and expressed the apprehension that “economy is currently under stress and GDP growth forecast including for large scale industries for the immediate near term is negative to marginally positive, which along with super high inflation and interest rates and fast weakening currency, has the potential to substantially dent the profitability of tax paying sectors next year”.
