Related Keywords: allocated six billion for textile policy initiatives, carpets, facilitate textile sector, facility duty free import of textile machinery, formulates Technology Up-gradation Fund scheme, Pakistan government, sales tax of five export oriented sectors, support schemes, Textile, under process in State Bank of Pakistan, zero rated tax regime
The Pakistan government had allocated Rs. 6 billion for Textile Policy initiatives for 2016-17 while support schemes would also continue during this year which include Sales Tax of five export oriented sectors namely textile, leather, sports goods, surgical goods and carpets had been made part of zero rated tax regime from July 1, 2016.
Further, all the pending sales tax refunds till April 30 whose RPOs have been approved, will be paid.
