Non-textile sector to start receiving Rs828m refunds from Friday: minister

ISLAMABAD: Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Thursday announced that Drawback of Local Taxes and Levies (DLTL) refunds of Rs828 million for non-textile sector had been transferred to the State Bank of Pakistan, while reimbursement would start from tomorrow (Friday).

In a tweet, he said the western economic block would gradually open their market and there were trickles of order coming from them to provide huge opportunity to the local industrial sector.

He further tweeted, “I am appealing to the local textiles industry to take full advantage of these new opportunities to enter in new segment and new geography.”

He reiterated the government would fully support the Industrial sector.

Must Read

Pakistan’s IT exports could exceed $25b through better utilization of resources:...

ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan's IT exports could exceed twenty-five billion dollars through better utilization of resources and provision of training...