no tax | YnFx - Part 4

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2017-07-19 10:00:00

No change in GST rate for textile

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley Tuesday said that the GST rate structure for the textile sector was discussed in detail in the GST Council Meeting held on 3rd

2017-06-30 14:00:00

Textile business not going to be adversely affected with GST roll out

The Goods and Services Tax (GST) is not going to adversely affect the textile business. As presently, there is an embedded tax of central excise duties of 3.38% and 2.8% of VAT on cotton yarn,

2017-06-21 11:00:00

Turkish company plans to reopen old textile plant in North Carolina

A textile firm in Turkey HPFABRICS, Inc has selected Forsyth County for a new production and product development facility, creating 260 jobs over three years, Gov. Roy Cooper announced. North

2017-06-08 10:00:00

Bangladesh RMG makers demand purging of source tax

Bangladesh Finance Minister AMA Muhith in the proposed budget for FY2018 has proposed to cut corporate tax to 15 percent from 20 percent for the RMG sector, but the minister did not mention the

2017-06-05 13:00:00

Khadi yarn, Gandhi topi, national flag exempted from GST tax regime

All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its

2017-06-01 15:50:00

Recycled PSF producers seek continuation of tax advantage vis-Ã -vis virgin PSF in GST regime

The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the

2017-05-17 16:00:00

Pakistan to impose sales tax, customs duty on cotton imports

The Pakistan government plans to reinstate the tariff after a gap of nearly seven months in response to recent large purchases from overseas. It will impose a four percent customs duty and five

2017-04-18 15:00:00

Textile sector demand uniform GST tax of 5pc across all value chains

The textile industry of India has urged the government to place all products across the textile and apparel value chain under the lowest slab of the Goods and Services Tax (GST) of 5 percent to avoid

2017-04-07 16:00:00

BGMEA demands eliminating source tax for at least two years

Bangladesh garment industry owners demand withdrawal of 0.7 percent source tax on export for at least two years to help them sail through choppy waters brought about by the uncertain global

2017-03-02 16:30:00

Investors in Pakistan SEZs to get tax exemption

Companies planning to invest in Special Economic Zones (SEZs) to get tax exemption, this was announced by Dr. Miftah Ismail, Minister of State and Chairman Federal Board of Investment (BoI), while

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