All Pakistan Textile Mills Association (APTMA) leadership is all set to interact with the Federal Secretaries on burning issues of the textile industry including market access, energy crisis and fiscal matters. The APTMA spokesman said ...
Tags: Textile Mills, Textile, textile industry
The value-added textile industry of Pakistan has opposed the imposition of two percent sales tax at each stage of the textile sector and five percent withholding tax. Last month, Pakistan’s Federal Board of Revenue (FBR) announced ...
Tags: textile industry, Pakistan, sales tax
Apprehending that the withholding tax levy would have detrimental effects on their exports, the textile exporters of Pakistan have refuted the Federal Board of Revenue’s (FBR) decision to impose the same. Since February 14, 2013, ...
Tags: textile exporters, FBR, withholding tax
Business Recorder reported that the Federal Board of Revenue has decided to collect adjustable sales tax at 5%on the value of imported goods or INR 1600 per metric tonne,whichever is higher,on the import of re meltable iron and steel scrap. ...
Tags: FBR, STSPR, sales tax, steel scrap, Pakistan
Business Recorder reported that the Federal Board of Revenue will apply Section 153 of the Income Tax Ordinance 2001 on the ship breaking industry and recover 3.5% withholding tax on sale of ship plates to steel re-rolling mills recovery of ...
Tags: Federal Board of Revenue, Income Tax Ordinance, withholding tax, steel
BR reported that the Federal Board of Revenue is planning to impose sales tax on the import of iron and steel scrap. Sources said that that the FBR has proposed imposition of 5% sales tax on the value of imported iron and steel scrap or ...
Tags: iron and steel, Iron and Steel Scrap, electricity bill
The Federal Board of Revenue is planning to impose sales tax on the import of iron and steel scrap. Sources said that that the FBR has proposed imposition of 5%sales tax on the value of imported iron and steel scrap or PKR 1,600 sales tax ...
Tags: sales tax, iron, steel, power bills
The Pakistan Cotton Ginners Association (PCGA) would be opening its office at the Karachi Cotton Exchange so as to enable the ginners to come in contact with the global ginning industry, Mr. Mahesh Kumar, the newly elected Chairman of PCGA, ...
Tags: PCGA, Karachi Cotton Exchange, textile, FBR