Home / Knowledge / News / Textiles / Pakistani govt to refund textile exporters' taxes
Pakistani govt to refund textile exporters' taxes
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

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search