Home / Knowledge / News / Textiles / Pak govt assures APTMA to consider budget proposals
Pak govt assures APTMA to consider budget proposals
30
May '16
Pakistani Finance Minister Mohammad Ishaq Dar has assured the All Pakistan Textile Mills Association (APTMA) that the government is committed to enhance textile exports and will consider the its proposals for the 2016-17 Budget.

Dar's comments came during a meeting with a delegation of APTMA in Islamabad on Sunday. The delegation shared with the Minister details on the current profile of textile sector in the country and also apprised him about their budget proposals.

Dar said all possible facilitation would be extended to the textile sector in the budget 2016-17 and acknowledged that the sector is a vital revenue earner for the country.

The Minister added that while the government was prepared to facilitate all sectors of the economy, it also expected them to strengthen government's efforts for revenue generation and economic growth.

Earlier this month, the APTMA in its Budget proposals urged the government to allow duty and sales tax exemption on import of raw and ginned cotton, considering the shortfall in the local cotton output. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kerem Durdag
Biovation II LLC

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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


May 2018

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

news category


Related Categories:

Advanced Search