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2016-09-16 12:00:00
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 of Rs 6,000 crore aimed at improving competitiveness and generating higher
2016-08-18 17:00:00
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 in collaboration with American and Efrid Lanks (A&E
2016-05-15 14:00:00
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, carpets, sports goods and surgical goods was part of the tax measures for new
2016-04-21 13:00:00
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 as per the VAT law 1991. But the new VAT law allows only public
2016-03-17 13:00:00
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 textile and apparel SMEs is planning to launch "Enterprise
2015-10-08 10:00:00
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 existing units as well as to set up new units with
2015-08-17 12:00:00
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 but since the 2011 revolution, Egyptian cotton’s star has faded as cash subsidies from
2015-06-08 11:15:00
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. Its size - in terms of aggregate government expenditure - reflects
2014-12-01 18:10:00
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 industry sources, ginning units are running below 65-70 per cent capacity.
2014-04-15 17:00:00
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. Handloom sector with 27-28 lakh handloom household units and
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