no tax | YnFx - Part 7

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2016-04-06 14:00:00

Rwanda govt to increase taxes up to 100pc to on second hand garment

The Prime Minister of Rwanda, Anastase Murekezi presenting the government's industrial activities to parliament on Monday unveiled textile development strategy as the government has committed itself

2016-04-02 14:00:00

Punjab govt finally announces reduction in VAT rate on yarn to 3.63pc

The Punjab Government has finally announced reduction in VAT rate on all kinds of yarn except polyester filament, from 6.5pc to 3.63pc. In this regard, the excise and taxation department issued a

2016-03-30 13:00:00

Textile traders oppose Delhi governmentâ€™s tax policy for textile industry

Textile traders opposing to the Delhi government's tax proposal for the textile industry as the uniform rate of 5% on all varieties of textiles and fabrics except khadi and handloom would hit

2016-03-29 13:00:00

AAP government presents a zero tax budget, slashes VAT

The Arvind Kejriwal-led Aam Aadmi Party (AAP) government on Monday presented a "zero-tax" Budget which slashed the value added tax (VAT) on a wide range of goods to bring down prices of consumer

2016-03-22 16:00:00

Tax concessions to help revive yarn units of Punjab and Haryana

Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions

2016-03-10 11:00:00

New modified and simplified textile policy to be announced soon

The government to soon announce a new modified and simplified textile policy that aims at increasing the production and productivity of textile sector, generating more employment, bringing down the

2016-02-01 13:09:00

Bangladeshi govt to reduce tax for garment manufacturers

In order to help exporters upgrade factories and boost investments, government of Bangladesh is set to revive the option of reduced corporate tax rate for the garment sector. From fiscal year

2016-01-29 15:00:00

PCGA opposes waiving off RD, tax on cotton import from India

Pakistan Cotton Ginners Association (PCGA) has strongly demanded that regulatory duty, sales tax and customs duty on the import of cotton from India should not be waived off and it must continue for

2016-01-28 16:00:00

Textile industry urge GST on factory price not MRP of textiles

The Indian textile industry has recommended the government to levy goods and services tax (GST) on ex-factory price, which is always much lower than the maximum retail price (MRP) as it would leave

2016-01-25 18:00:00

Retail garment traders protest against hike in VAT and entry tax

Most retail garments shops in commercial hubs such as Khetan Market, Hathuwa Market, Patna Market and others were closed on Thursday and readymade garments stores also joined the protest on Friday

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