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2020-01-06 08:22:12
Indian textile sector all set to take economy to new height
Dating back to the nineteenth century, the Indian textile sector is one of the oldest in the Indian economy. The sector is highly diversified, catering to a wide range of segments ranging from
2017-08-01 10:00:00
GST council likely to lower tax rate on garment job works to 5pc
The GST Council headed by Finance Minister Arun Jaitley and comprising of representatives of all the 29 states, this week is likely to consider lowering of tax rates for job works for making garments
2017-06-05 13:00:00
Khadi yarn, Gandhi topi, national flag exempted from GST tax regime
All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its
2016-06-19 15:00:00
Bangladesh garment makers demand 0.30pc tax at source for next FY
The country’s garment and textile makers have urged the government to reduce tax at source to 0.3 percent for the next fiscal year from the proposed 1.5 percent to attract more investment as
2016-06-09 17:00:00
Pak textile industry likely to lose markets despite zero-rated regime
The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess,
2016-03-01 12:00:00
Pakistan’s value-added textile sector seek immediate zero-rated regime
The textile industry stakeholders has urged the PM to announce zero rated regime for value added textile industry with immediate effect rather than from July 2016 and issue the bonds for exporters
2015-05-11 14:00:00
Prgmea urge to include value added textile industry in zero rated regime
The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) in order to attract new investment, revive economic growth and get rid of liquidity crunch has urged for zero rating
2019-06-03 14:45:00
India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory
2018-03-01 12:00:00
PRGMEA welcomes EU decision to retain GSP plus status for 2 years
The Pakistan business community welcomes the European Union decision to retain the generalized system of preferences (GSP) plus status for two year. Under GSP+ Pakistani goods have duty-free access
2017-11-17 10:00:00
Garment exports fall highest in percentage term in October on GST woes
Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export
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