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reduce import garment
2016-04-21 13:00:00
Pvt cos exempt from withholding VAT at source under new VAT law
Currently, all limited companies have to deduct VAT at source while receiving supplies and deposit the money with the exchequer as per the VAT law 1991. But the new VAT law allows only public
2016-04-08 12:00:00
APTMA urge withdrawal of GIDC from entire textile chain
All Pakistan Textile Mills Association (APTMA) has urged the government to completely remove the Gas Infrastructure Development Cess (GIDC) from the entire textile chain to enable it to regain its
2016-04-05 12:00:00
France’s lace producer Desseilles acquired by Chinese group Yongsheng
Desseilles, one of the oldest lace producers in France which produces six million meters of lace, with many well known international brands such as Victoria’s Secret as their client has been
2016-03-07 17:00:00
Pakistan despite quality yarn to perform poorly in cotton export
Pakistan despite being the fourth largest producer of cotton has been performing poorly in cotton trade. The cotton consumption is likely to decline by 12 percent this year. By consuming 2.2 million
2016-03-02 13:00:00
Diverse reactions on budget 2016 by textile sector
The Union budget 2016 for the textile industry brings diverse reaction from the textile sector. According to Tirupur Exporters’ Association, president A. Sakthivel, the budget have brought
2016-03-01 17:00:00
Budget beneficial for big brand firms instead of small entrepreneurs
The Union Budget presented by finance ministry Arun Jaitley on 29 February did not mention about the textile industry, which is the second largest employment provider in the country after the
2016-03-01 12:47:00
What lies in the budget for the textile industry?
While there was no fresh proposition in the Union Budget 2016 for the textile industry, which was presented to the Parliament on 29 February, the income growth expected to steam up the India economy
2016-02-17 15:53:00
Indonesian textile makers seek EU, Trans-Pacific partnerships
Indonesian textile and garment makers are pushing the government to join a greater economic partnership with European and Pacific Rim countries in order to boost the country’s exports by
2016-01-12 17:00:00
Weakening yuan likely to create threat to Indian apparel exporters
India has its strength in the value-added, hand-embodied, casual fashion garments consisting of small orders, whereas China has its strength in high value, basic garments. The depreciation of Yuan,
2015-12-26 12:00:00
Textiles ministry makes effort in include handloom weavers in the MGNREGS
At present, within the textile sector, only silk farming is covered under the job scheme (MGNREGS) under which workers are provided the mandatory wage in the range of Rs159-241 day, depending on
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