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tax
2017-08-01 10:00:00
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 is likely to consider lowering of tax rates for job works for making garments
2017-06-08 10:00:00
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 from 20 percent for the RMG sector, but the minister did not mention the
2017-06-05 13:00:00
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 and Services Tax (GST) regime. The tax department has also put up on its
2017-06-01 15:50:00
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, has requested the Union Finance Ministry to maintain the
2017-05-31 11:00:00
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 year, but later cut it to 0.7 percent following demand by
2017-05-17 16:00:00
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 purchases from overseas. It will impose a four percent customs duty and five
2017-04-27 13:00:00
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 basic raw material said that levy of any tax on imported cotton would
2017-04-18 15:00:00
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 under the lowest slab of the Goods and Services Tax (GST) of 5 percent to avoid
2017-04-07 16:00:00
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 them sail through choppy waters brought about by the uncertain global
2017-03-02 16:30:00
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, Minister of State and Chairman Federal Board of Investment (BoI), while
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