PBC Welcomes Consultation with Tax Policy Office on Tax Reform
The Pakistan Business Council (PBC) today welcomed Dr Najeeb Ahmed Memon, the newly appointed Director General of the Tax Policy Office (TPO), during his visit to engage with industry representatives and business leaders. The visit forms part of the government’s outreach to bring key stakeholders on board as it undertakes reforms aimed at separating tax policy from revenue administration and building a more growth-oriented tax framework.
During the meeting at PBC, Dr Memon outlined the mandate and working approach of the Tax Policy Office and emphasised the importance of structured consultation with industry bodies. The discussion focused on understanding private sector challenges, identifying distortions in the existing tax regime, and shaping tax policies that support investment, competitiveness, and formalisation of the economy.
PBC was among the first organisations to recommend and support the separation of tax policy from revenue administration. The Council has consistently maintained that tax policy should be long-term, predictable, and consistent to facilitate investment, support industry and exports, and contribute to sustainable economic growth. It has further emphasised that an effective tax framework must ensure a level playing field for the documented economy and avoid penalising compliant businesses.
Welcoming the engagement, Dr Zeelaf Munir, Chairperson, PBC, said that the creation of the TPO is a positive institutional step toward meaningful reform. “We welcome Dr Najeeb Ahmed Memon’s visit and value the consultative approach being adopted by the Tax Policy Office. Pakistan’s economic future depends on resilience, reform, and responsible partnership. Documentation of the economy is necessary, and tax reform is essential for sustained growth. The separation of tax policy from administration can help create a more predictable, evidence-based, and growth-focused framework. At PBC, we bring data, solutions, and a partnership approach to support the government in designing workable policies that encourage investment and broaden the tax base without penalising compliant businesses,” she said.
She added that effective tax reform requires continuous dialogue with industry to ensure that policies are grounded in economic realities and aligned with Pakistan’s long-term growth objectives.
Dr Najeeb Ahmed Memon said, “The Government of Pakistan firmly believes that engagement with industry stakeholders is pivitol to building an effective and credible tax policy framework that support country’s economic proposperity. These consultations are aimed at understanding sectoral realities, identifying structural challenges, and ensuring that tax policy supports growth, investment and documentation of the economy. The insights shared by the Pakistan Business Council and its members will be valuable in shaping pragmatic and sustainable policy outcomes.”
The PBC reiterated its commitment to constructive engagement with the government and its institutions, noting that sustainable reform can only be achieved through coordination between policymakers, administrators, and the industry. The Council emphasised that a transparent, predictable, and equitable tax system remains central to improving Pakistan’s investment climate and supporting long-term economic growth.