Home / Knowledge / News / Textiles / Pakistani govt to refund textile exporters' taxes
Pakistani govt to refund textile exporters' taxes
13
Oct '11
The Pakistan Government has resolved to refund the taxes collected from the textile exporters in the name of old age benefit and social security, so as to aid and boost textile exports from the country.

The Government has even come up with a new system for the purpose, Shahid Rashid, Secretary Textile Industry said.

During a meeting with textile exporters at Pakistan Textile Exporters Association (PTEA), he said the Government is well aware about the issues confronting the textile industry as well as about the significance of the textile industry for the country.

Further, he cited textile industry as backbone of the country's economy, but lamented that owing to financial constraints the Government fell short of implementing the textile policy in its true spirit.

The Finance Ministry has been urged to release funds for the textile industry, under heads like duty drawbacks, he added.

During the meeting, PTEA Chairman Rana Arif Tauseef presented a detailed view of the issues and barriers coming in the way of textile industry and exports.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search