Related Keywords: All Pakistan Textile Mills Association, DLTL scheme, government declaring zero rated tax regime, levies, lose markets internationally, make exports costlier, Pakistan textile industry, presumptive taxes, regional competitors, substantial drop in textile exports, surcharges and cess, Textile exporters, various taxes
The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess, makes the exports 10 to 15 percent costlier against the regional competitors.
Pakistan's exports have come down by 12 percent against over $13 billion last fiscal year due to the incidentals of various taxes, levies and surcharges.
