Karachi: The government has announced the abolition of the Super Tax for companies with exports exceeding 80% of their total turnover, a move expected to positively impact several export-oriented firms. This decision is part of the Finance Bill for the fiscal year 2027 and is anticipated to benefit companies such as ILP, GATM, TOWL, FML, ADMM, MSOT, and SGF.

According to AKD Securities Limited, the removal of the Super Tax is particularly favorable for ILP, whose earnings have been revised upward. The financial advisory firm has reiterated its 'BUY' recommendation for ILP, reflecting optimism about the company's future performance. Other companies in the export sector are also expected to experience financial relief, potentially enhancing their competitive edge in the global market.