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Related Keywords: Economic Coordination Committee, Pakistan government, Prime minister package, textile exports, Textile Ministry

The Ministry of Textiles of the Pakistan Government has issued a notification stating that in pursuance of entry 7 of item 39 of Schedule II of the Rules of Business, 1973, the Prime Minister package of incentives for exporters was approved by Economic Coordination Committee (ECC) of the Cabinet.

Related Keywords: at least Rs sixty billion, customs and sales tax rebate, drawback of local taxes and levies scheme, enhance exports, export oriented industry, PRGMEA, Prime minister package, release of stuck tax refund claims, upcoming budget under the prime ministes package, urged government to allocate, value-added textile industry

Appreciating the prime minister for announcing the Rs180 billion package for enhancing exports, The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the government to allocate at least Rs60 billion for the export-oriented industry in the upcoming budget 2017-18 under the prime minister’s Rs180 billion package.

They have also asked for the release of stuck tax refund claims of exporters, including the drawback of local taxes and levies scheme, customs and sales tax rebate, etc.