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2018-01-23 10:00:00
Textile and garments industry eye more incentives
The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent
2017-12-20 16:00:00
Uzbekistan signs presidential decree to revolutionize cotton, textile industry
Uzbekistan enterprises over the years purchased raw materials from the monopoly supplier Uzpahtasanoatexport. But starting from next year, a new scheme for selling cotton to textile enterprises will
2017-11-07 11:00:00
NRF urges to extend support to tax bill
The National Retail Federation, the world’s largest retail trade association, representing departmental and specialty stores, main street merchants, grocers, wholesalers, chain restaurants and
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-01-25 15:00:00
Pakistani textile exporters allowed duty drawback of taxes
The Pakistan Ministry of Textile Industry under the prime minister's package of incentives has allowed duty drawback of taxes for exporters. The duty drawbacks under this order shall be allowed for
2016-12-28 10:00:00
Textile Ministry set to see substantial jump in fund allocation
The textile ministry although has in recent months cleared some of the old claims yet a chuck of claims are to be cleared for which the ministry is already seeking funds to settle both old and new
2016-12-15 17:00:00
Export incentive to make Nepali garment more competitive
The Nepali domestic apparel manufacturers have demanded the government to provide 10 percent export incentive on total export value through the supplementary budget, which according to them, is a
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
2016-07-05 12:00:00
KCA urge govt to ensure free trading policy in cotton
As the Pakistan cotton output during 2015/16 season fell to 9.786 million bales, the local textile industry is compelled to import raw cotton from overseas markets to meet its demand requirement of
2016-01-22 12:00:00
Sales tax to be levied on entire supply chain, manufacturing
The Pakistani Federal Board of Revenue (FBR) has issued a detailed clarification in response to contentions expressed over double taxation by a Karachi Chamber of Commerce and Industry (KCCI)
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