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Indonesia to make tax breaks applicable for labour intensive industries

Related Keywords: BKPM, garment industry, Indonesian government plan to apply tax allowance, Investment Coordinating Board, labour intensive industries, textile business community

Indonesian government is planning to apply existing tax allowances to labour-intensive industries that includes garment industry in an effort to reach its 2-million-a-year job-creation target. However, at the moment the allowance applies to just 129 business sectors, ranging from plantations to real estate.

Pakistan MINTEX to present textile policy before ECC

Related Keywords: Abbas Khan Afridi, Economic Coordination Committee, Federal textile board, GSP Plus scheme, MINTEX, multi-pronged strategy, Pakistan Central Cotton Committee, Pakistan textile policy, textile business community, textile cess, textile exports

The Secretary Ministry of Textile Industry (MINTEX) at the first meeting of Federal Textile Board held on Monday after its reconstitution in July 2014 chairing by Minister for Textile Industry Abbas Khan Afridi announced that the Pakistan’s textile policy would be presented in the next Economic Coordination Committee (ECC) of the Cabinet meeting also restructuring of Pakistan Central Cotton Committee (PCCC) was also on cards.

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