PAKISTAN TEXTILE PRODUCERS WELCOME SALES TAX EXEMPTION BUT STILL WAND OWED EXPORT REFUNDS
February 1st, 2016
Pakistan’s textile producers have welcomed new tax incentives aimed at boosting the industry. Official documents provided to WTiN.com by Pakistan’s ministry of textile industry reveal that Pakistan’s government is planning to create of 3 million new jobs by providing tax incentives to its struggling textile industry.
In February, Pakistan’s Prime Minister, Nawaz Sharif held an in-depth meeting with the country's leading business executives and agreement was struck on exempting sales of textiles from 3% sales tax, where these fabrics are used ...
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