Govt paid Rs20.241 million sales tax refund to textile sector during FY 2017-18

ISLAMABAD: The government has paid Rs 20,241 million sales tax refund to textile sector during current financial year in order to facilitate the local...

Pakistan invites Japan to assist in promoting its textiles through PTA

ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan on Thursday invited Japan to assist Pakistan to promote its textile through Preferential Trade...

216 Pakistani exhibitors to participate in Heimtextil Fair, Frankfurt

KARACHI: The Heimtextil fair being held from January 09 until January 12, 2018, observed a strong increase in the number of exhibitors and visitors from...

PRGMEA hopeful of new finance team to overcome trade deficit

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) here on Tuesday welcomed the appointment of Dr Miftah Ismail as the adviser to Prime...

Current account deficit can be contained in coming months, says: SBP

ISLAMABAD: The State Bank of Pakistan voiced hope the current account deficit could be reined into a manageable level in the next few months...

Textile exports expected to grow with rupee devaluation  

KARACHI: Following the rupee depreciation, textile sector, having around 60 per cent share in total exports, is expected to be its key beneficiary as...

Textile exports surge 7.66pc to $5.510bn in five months

ISLAMABAD: The textile exports from the country increased by 7.66 per cent during the first five months of the current fiscal year as against...

BP’s new procedure for PM Package not executable: PRGMEA

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Senior Vice Chairman Sheikh Luqman Amin has alleged that the ministries as well as the...

No match to China, India

Ever wondered why some fabrics feel smooth as silk to touch while others are abrasive against one’s skin? Ever chose a dress that looks...

TDAP supporting business sector to improve quality of products

LAHORE: Trade Development Authority of Pakistan (TDAP) is endeavoring to support and assist the business sector to help improve the quality and value of...

FBR sanctions release of Rs6 billion sales-tax refunds in five-year cases

KARACHI: A decision to refund stuck sales tax refunds of Rs6 billion in five-year cases has been given go-ahead by Federal Board of Revenue...

PHMA urges SBP to release procedure for applying DDT

LAHORE: Pakistan Hosiery Manufacturers Association (PHMA) on Tuesday urged State Bank of Pakistan (SBP) to issue procedures detail for applying drawback claims under revised...

Raw cotton exports grew 49.96pc in four months

ISLAMABAD: Raw cotton exports from the country during first four months of the current financial year increased by 46.96 per cent as compared to...

Cotton crop failure further increases cost of doing business

KARACHI: The country has entered in an era of de-industrialisation where industries are closing down due to cotton shortage and about 140 textile spinning...

TDAP to participate at Texworld and Apparel Sourcing in Paris

KARACHI: Paris, one of the major fashion capitals of the world, is the best place to promote and sell brands and collections in Europe,...

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