China is going to include another six destinations in its tax rebate scheme for overseas visitors, with an aim to boost its inbound tourism and consumption. Foreign tourists visiting Liaoning, Anhui, Fujian, Sichuan, Tianjin and Xiamen ...
Overseas visitors will be able to claim tax refunds on departure from China in the southwest city of Chengdu. The new policy will take effect from New Year's Day. Visitors can also get their tax refunded in 33 shopping malls in the ...
Tags: Chengdu, Foreign Visitors, Tax Refunds
China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
China collected 2.71 trillion yuan ($442.7 billion) in taxes in the first quarter of this year, up 3.4 percent year on year, new data showed on Monday. The growth pace was slower than the 9.9 percent collected in the same period of last ...
The Karachi Cotton Association (KCA) has opposed the government’s plan to impose sales tax on cotton in the 2015-16 Budget to mobilise PKR 50 billion in revenue, the Pakistani media has reported. KCA chairman Amin Hashwani ...
Tags: Raw Cotton, sales tax, Cotton
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has urged the Government of Pakistan to increase gas and power supply to the textile industry, in order to help exporters cut their energy costs and release ...
Tags: power supply, gas supply, Textile
All Pakistan Textile Mills Association (APTMA) chairman, Muhammad Yasin Siddik, has urged the Government of Pakistan to clear the outstanding tax refunds, as committed by the Federal Minister for Finance and Economic Affairs, Muhammad Ishaq ...
Tags: Textile, tax refunds, Apparel
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has sought level-playing field for value-added textile industry of Punjab vis-à-vis other provinces. The garment industry in Punjab is becoming ...
Tags: PRGMEA, Apparel, Accessories, Textile
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has sought level-playing field for value-added textile industry of Punjab vis-à-vis other provinces. The garment industry in Punjab is becoming ...
Tags: PRGMEA, Apparel, Accessories
The Punjab regional chapter of the All Pakistan Textile Mills Association (APTMA) has requested Finance Minister Mohammad Ishaq Dar to direct the Federal Board of Revenue (FBR) to start processing the sales tax refund claims of textile ...
Tags: AOTMA Punjab, Sales Tax Refunds, Textile
The Punjab regional chapter of the All Pakistan Textile Mills Association (APTMA) has requested Finance Minister Mohammad Ishaq Dar to direct the Federal Board of Revenue (FBR) to start processing the sales tax refund claims of textile ...
Tags: APTMA Punjab, Apparel, Accessories
Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation – the world's largest retail trade association – March retail sales, which exclude automobiles, gas ...
Tags: NRF, US Retail Sales
Euclid, the leader of in-store retail analytics, releases its monthly retail benchmarks report to analyze shopper activity and behavior during the month of March. This month’s report measured data from tens of millions of ...
Tags: Euclid, industry revenues
Pakistan Textile Exporters Association (PTEA) has strongly opposed the proposed increase in sales tax and changes in tax regime as this will negatively impact the textile exports and would cause to further squeeze the industrial activities. ...