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Special textile package is yet to take off in creating jobs, productivity

The special textile package approval by the cabinet and announced by the government in June which involves a total outlay…

8 years ago

ESS in collaboration with A&E to set up Pakistan’s first CBW for textiles

Pakistan’s first Common Bonded Warehouse (CBW) to be set up by Elite Services System (ESS), a customs clearing services organization…

8 years ago

Textile ministry opposes FBR’s move to increase sales tax

The proposal to be presented to Prime Minister Nawaz Sharif for approval to increase the sales tax on textile, leather,…

8 years ago

Pvt cos exempt from withholding VAT at source under new VAT law

Currently, all limited companies have to deduct VAT at source while receiving supplies and deposit the money with the exchequer…

8 years ago

IL&FS plans to launch EDS an online platform for textile and apparel SMEs

IL&FS Cluster Development Initiative Ltd (IL&FS Clusters) is a subsidiary of IL&FS Group, has been established for developing solutions for…

8 years ago

Govt plan to replace interest subsidies with other forms for textile sector

The Technology Upgradation Fund Scheme (TUFS) was introduced to make available funds to the textile industry for upgrading technology at…

9 years ago

Egyptian textile market aims to quadruple exports by 2025

Egypt has had a long history of textile manufacturing and they have one of the best cottons in the world…

9 years ago

Bangladesh garment makers resent budget proposal to hike tax at source

The Bangladesh Finance Minister AMA Muhith presented the national budget before parliament on 4 June for the fiscal year 2015-16.…

9 years ago

Indian cotton ginning units running below capacity due to less demand and low price

The ginning industry of India is staring at slowdown, on account of subdued demand and disparity in price. According to…

9 years ago

Package estimated worth Rs.2000 cr being planned to improve the handloom sector

The government to improve the low prevailing efficiency of handloom sector plan to implement a revival, reform and restructuring package.…

10 years ago