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

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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