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Search Results for: no+tax

Zero-rating status a hope for decline in textile exports
The Pakistan textile industry has been facing troubles due to huge liquidity outstanding in sales tax refund, customs rebate and drawback on local taxes and levies claims. In the wake of this
Pakistani textile exporters called to explore business prospects in Mauritius
Mauritius President Dr Ameenah Firdaus Guarib-Fakin during a meeting with the All Pakistan Textile Mills Association (Aptma) on Wednesday has invited Pakistani textile exporters to explore business
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
Cleveland company acquires Momentum Group, Irvine based textile maker
Momentum Group an Irvine based textile maker selling textiles, primarily to furniture makers, architecture and design firms has been acquired by Cleveland-based Riverside Co. Terms of the deal were
Cotton price shoots up with short supply of fine quality
The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease
Pakistan Customs proposes imposing regulatory duty on importable goods
The Pakistan Customs Appraisement South, in its budget proposals for 2016/17 proposed that regulatory duty be enhanced on a number of importable goods as various statutory rates of import duty,
Coimbatore textile industry demand govt to help improve competitiveness
The industries in Coimbatore especially textile industry want government to improve the competitiveness of the industries compared to those in other states for which they have some common demands
Towel exporters expect orders worth $10m at TEXPO 2016
Towel Manufacturers Association of Pakistan Chairman Farrukh Maqbool said that TEXPO-2016 was a successful experiment as Institutions, hotels, hospitals and retailers have shown more interest in
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
Shandong Ruyi to buy control of SMCP, Fresh fashion group
China’s Shandong Ruyi to buy control of SMCP, the French fashion group and owner of the Sandro and Claudie Pierlot brands at €1.3bn including debt. Sandro, Maje and Claudie Pierlot,
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