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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…

7 years ago

Bangladesh RMG makers demand purging of source tax

Bangladesh Finance Minister AMA Muhith in the proposed budget for FY2018 has proposed to cut corporate tax to 15 percent…

7 years ago

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…

7 years ago

Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime

The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India,…

7 years ago

BGMEA urge withdrawal of tax at source on RMG products

Bangaldesh Finance Minister AMA Muhith had proposed 1.5 percent tax at source on all products, including RMG, for 2016-17 fiscal…

7 years ago

Pakistan to impose sales tax, customs duty on cotton imports

The Pakistan government plans to reinstate the tariff after a gap of nearly seven months in response to recent large…

7 years ago

KCA urge govt to review proposed tax on raw cotton import

The Karachi Cotton Association (KCA) claiming that cotton import was crucial for the textile industry to meet the requirements of…

7 years ago

Textile sector demand uniform GST tax of 5pc across all value chains

The textile industry of India has urged the government to place all products across the textile and apparel value chain…

7 years ago

BGMEA demands eliminating source tax for at least two years

Bangladesh garment industry owners demand withdrawal of 0.7 percent source tax on export for at least two years to help…

7 years ago

Investors in Pakistan SEZs to get tax exemption

Companies planning to invest in Special Economic Zones (SEZs) to get tax exemption, this was announced by Dr. Miftah Ismail,…

7 years ago