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low+taxes
2018-03-29 10:59:00
Textile industry faces the heat
The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate
2018-03-01 16:00:00
FTA under negotiation between Turkey and Pakistan
Free Trade Agreement between the two countries Turkey and Pakistan is under-negotiation. Trade will jump once FTA is finalized. Pakistan especially Lahore is an investment hub for the Turkish
2018-02-16 14:00:00
Insipid conditions continue at cotton market
The sluggish off-take of cotton yarn and grey cloth in the domestic market has kept spinners away from the trading ring. With little buying interest, insipid conditions continue at the cotton market
2018-01-25 14:00:00
Sluggish trading at cotton market
Slow trading witnessed at the cotton market on Wednesday as leading spinners kept to the sidelines. Overall, the undertone was weak and outlook uncertain. However, some market reports suggest that
2018-01-24 15:00:00
Sales tax, duty on cotton imports withdrawn
The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton
2018-01-08 14:00:00
Trading activity hit over withdrawal of import duty on lint
Cotton market on Saturday witnessed slow down in trading activity following the government’s decision to withdraw duty and taxes on lint imports. This is a timely decision because much of the
2017-12-23 15:00:00
Trading activity at cotton market remained modest
Moderate trading activity was witnessed at the cotton market on Friday, with needy spinners chasing quality lint but short supply disappointed many. Most buyers preferring to mark time in the hope
2017-12-15 12:00:00
Cotton yarn exports sees biggest fall both in volume and value to China
Exports of cotton yarn to China saw the biggest fall in both volume and value terms as China, the largest importer of yarn reducing its purchases. As per the data with the Union Commerce Ministy,
2017-11-15 15:30:00
Pakistan textile exports hit by rise in prices
Sharp increase in cotton yarn prices in Pakistan by almost 20% has hit hard the export-oriented value-added textile sector. Newly-elected senior vice chairman of The Pakistan Readymade Garment
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
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