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5+percent+sales+tax
2016-03-22 16:00:00
Tax concessions to help revive yarn units of Punjab and Haryana
Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions
2016-01-25 18:00:00
Retail garment traders protest against hike in VAT and entry tax
Most retail garments shops in commercial hubs such as Khetan Market, Hathuwa Market, Patna Market and others were closed on Thursday and readymade garments stores also joined the protest on Friday
2015-06-12 11:00:00
PYMA rejects budgetary increase in sales tax on yarn and cloth
Textile sector is considered back bone of Pakistan economy contributing more than 50 percent of foreign exchange for the country and providing 40 percent employment is already heavily burdened and
2015-03-25 14:00:00
Pakistan govt propose imposition of standard ST on cotton in 2015-16 budget
The government of Pakistan in the upcoming budget 2015-16 has proposed imposition of standard sales tax on cotton with a view to generating about Rs 50 billion revenue. Currently, sales tax
2015-01-31 15:00:00
Pakistani value-added textile sector in immense problem as Rs 205 bn refund claims stuck up with FBR
Pakistan value-added textile sector hamstrung by cash crunch as more than Rs 205 billion refunds has been stuck up with the government. Federal Board of Revenue (FBR) still withholds more than Rs 13
2015-01-15 14:00:00
Pakistan textile industry seek full refund of export tax rebates asap
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and
2014-11-25 17:00:00
Indian textile sector with adequate policy support has competency to cross $500 bn mark by 2025
Indian textile industry with adequate policy support from the government and rights steps has all the potential to cross USD 500-billion mark by 2025 from its present estimate of USD 108
2014-01-27 10:00:00
Five percent ST chargeable on Pakistan leather, textile made-ups supplies
The Federal Board of Revenue (FBR) of Pakistan has send out a clarification on Saturday to the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) and the Chief Commissioners of the LTUs and
2019-11-18 07:37:59
Jordan's textile clothing syndicate President convokes for mediation to 'rescue sector'
Jordan’s Textile and Readymade Clothes Syndicate President Munir Deyyeh on Friday said that sales have declined by 35 percent in 2019 compared to 2018, which also saw a decline compared to previous
2019-04-15 14:45:00
Lebanese textiles factory in turmoil
The Mzannar family’s 300-year-old textile business survived Lebanon’s civil war by making uniforms for militiamen. But its business savvy was no match for years of economic malaise that
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