Home / Knowledge / News / Textiles / PRGMEA, SCCI welcome reinstatement of zero rating
PRGMEA, SCCI welcome reinstatement of zero rating
Jun '17
The Pakistan Readymade Garments Manufac­turers and Exporters Asso­ciation (PRGMEA) and Sialkot Chamber of Commerce and Industry (SCCI) have appreciated the move by the Pakistan government to reinstate the zero rating facility which will help the exporters from liquidity crisis. The approval was given by the government in the federal budget 2017-18.

While addressing the media, presidents of SCCI and PRGMEA said that the continuity of the zero rated sales tax policy is a boost to export oriented garments, sports goods, surgical and leather industries. Further, they also requested the Pakistan government for distribution of special development fund for the value addition of textile and garment industries.

The exporters also urged the government for implementation of the policy by August. Continuity of zero rating facility will boost the country's export business and control corruption.

Further, four new measures were also announced in the federal budget 2017-18 for the development and growth of the textile sector in Pakistan. It includes stabilisation of cotton prices in the country, launch of Brand Development fund for textile sector, launch of first ever online textile business/trade portal for textiles and establishment of 1,000 stitching units. (RR)

Fibre2Fashion News Desk – India

Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Top executives
Textile industry, India

The event should be organised every year

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Ritu Kumar
Label Ritu Kumar

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

Madhu Jain
Madhu Jain

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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


Leave your Comments

July 2018

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

news category

Related Categories:

Advanced Search