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Federal Board of Revenue
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Pakistan's Value Added Sector Opposes Yarn Import Duty
Aug 21, 2015Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has rejected the government's plan to impose import duty on cotton yarn saying it would pose negative impact on the value-added textile sector, the Pakistani media has ...
Tags: Yarn Import Duty, cotton yarn
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Pak Parliament Recommended 2% Uniform Rate of Sales Tax
Jun 5, 2015Pakistan's National Assembly standing committee on textile industry has recommended 2 per cent uniform rate of sales tax, against the proposed 5 per cent by the Federal Board of Revenue (FBR), on five leading export-oriented sectors - ...
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Pakistan Textile Exporting Industry Has Received a Bonanza From The Government
Aug 29, 2014The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export. Through a ...
Tags: Pakistan Textile, Import, Textile
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PRGMEA Has Sought Level-Playing Field for Value-Added Textile Industry
Aug 13, 2014The 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
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PRGMEA Has Sought Level-Playing Field for Value-Added Textile Industry
Aug 13, 2014The 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
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The Punjab Regional Chapter of The APTMA Has Requested Finance Minister Mohammad Ishaq Dar
Aug 12, 2014The 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
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The Punjab Regional Chapter Has Requested Finance Minister Mohammad Ishaq Dar
Aug 12, 2014The 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
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Pakistan Textile Exporters Expressed Disappointment on Withdrawal of Zero-Rating Pakistan
Jan 21, 2014Textile exporters from Pakistan have expressed disappointment on the withdrawal of zero-rating regime for the export-oriented sector stating that the withdrawal is adversely affecting exports at a time when huge amounts of Sales Tax Refunds ...
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Pakistan Textile Has Urged The Government to Establish GSP+ Cell
Dec 23, 2013The Pakistani textile industry has urged the Government to establish Generalized System of Preferences Plus (GSP+) Cell, in order to fully utilize the duty-free access to the European Union (EU) and earn foreign exchange. The proposal ...
Tags: Textile Sector, duty-free access
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Keep Taxation Simple and Easy Instead of Coming with Policies That Hurt The Consumers
Nov 20, 2013Karachi—The cement industry sources wonder as to why cannot the Federal Board of Revenue keep taxation simple and easy instead of coming with policies that hurt the consumers, manufacturers and ultimately the national exchequer ...
Tags: Complex Tax System, Cement Industry, Karachi
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The Pakistan Hosiery Manufacturers Aimed at Keeping a Tab on Tax Frauds
Jun 5, 2013The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has put forward its suggestions aimed at keeping a tab on tax frauds and for better sales tax collection in the garment manufacturing sector of Pakistan for the next fiscal ...
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PTEA urged New Incoming PML-N Government to Formulate New Policies to Boost Exports
May 29, 2013The Pakistan Textile Exporters Association (PTEA) has urged the new incoming PML-N Government to formulate new policies to boost the country’s exports. A new policy designed by taking all stakeholders into confidence could boost the ...
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FBR Can't Spot The Producers,Causing Aptma to Endure a Burden of Pk Rs. 4 Billion in Taxes
Apr 7, 2013Federal Board of Revenue’s (FBR) failure in spotting the producers of finished textile goods and collect five percent withholding tax on exports made by them has caused members of the All Pakistan Textile Mills Association (APTMA) to ...
Tags: textile goods, textile, Apparel
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PHMA Urged Government to Rollback Two Percent Sales Tax Imposed on The Domestic Textiles
Apr 7, 2013The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has urged the Government to rollback the two percent sales tax imposed on the domestic textile sector, which till recently enjoyed zero-tax status, as the measure would not ...
Tags: Textile
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Pakistan's Cotton Output Till March 15 This Year Shows an 11.7 Percent Fall
Mar 22, 2013Pakistan’s cotton output till March 15 this year shows an 11.7 percent fall as compared to production achieved during the corresponding period of last year, a fortnightly report of Pakistan Cotton Ginners Association (PCGA) on ...
Tags: cotton production, cotton, cotton output