Home / Knowledge / News / Textiles / Pakistan's powerloom sector protests against new taxes
Pakistan's powerloom sector protests against new taxes
Nov '11
Owners of powerloom units in Pakistan have announced that they would launch a protest from Monday against the levy of new taxes, power and gas outages and relentlessly rising cost of power and fuel.

Waheed Khalid Ramay, Chairman of Council of Loom Owners Association, said the industry was already ailing due to costly raw material and high operational cost, and now the compulsion for registered producers, importers and exporters for obtaining National Tax Number (NTN) and Computerised National Identity Card (CNIC) number of unauthorized traders while transacting with them has further added to their difficulties.

Moreover, acute power and gas load-shedding issues are posing a challenge before the industrialists to sustain their business operations, while continuously rising prices of petroleum products is compelling them to cease out of business, he added.

Mr. Ramay stated that these adversities would compel closure of industrial units, which would, in turn, result in large-scale unemployment that would create a law and order problem in the country.

He recommended that the Government should ask the Federal Board of Revenue (FBR) to rollback SRO-821 that stipulates the conditions relating to the requirement of CNIC and NTN for dealings with unauthorised dealers, and added that the protest would go on till their demands are accepted.

Meanwhile, other entrepreneurs also urged the Government to immediately rollback all unlawful and anti-industry taxes and levies, failing which, they said, they would launch a powerful protest across the country.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

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

Johan Berlin
InvestKonsult Sweden AB

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

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

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:
June 2017

June 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