Daily Times
July 6, 2021
The Overseas Investors Chamber of Commerce and Industry (OICCI) has contributed over Rs1.4 trillion towards the tax revenue and made over $2.4 billion investment in Pakistan during the financial year 2020-21.
This was disclosed in the OICCI 2020 Economic Contribution Survey, an annual exercise being conducted since 2009, said a press statement issued on Monday.
OICCI President Irfan Siddiqui said, “We are proud that in the past twelve months, OICCI members, despite very challenging and uncertain business environment due to Covid-19 impact on the business and life of people globally and in Pakistan, contributed over Rs 1.4 trillion, or approximately Rs5 billion each working day, towards the tax revenue of Pakistan, approximately one-third of the total tax collection in the country. Two of the OICCI members paid taxes in excess of Rs100 billion each.”