Current road taxes are blunt instruments that don’t reflect the true costs of driving to society. The fuel excise does not properly account for traffic congestion or emissions. It makes no allowance for people’s ability to pay. Car registration fees are also not related to the amount of travel, congestion or emissions produced by driving.
قادیانیت سے نمٹنے کیلئےقوم کوبطور ملت صف بندی کرنا ہو گی،مقررین کانفرنس jang.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jang.com.pk Daily Mail and Mail on Sunday newspapers.
Budget upsets textile exporters for not including zero rated regime thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
KARACHI: The value-added textile exports associations in their budget proposals have demanded the federal government to restore zero-rating, continue duty drawback of taxes and Technology.
Textile Industry Demands Multiple Reforms in Upcoming Budget
The value-added textile exports associations presented their proposals to the Federal Government for Budget 2021-22, demanding that the zero-rating taxation regime is restored and duty drawback of taxes (DDT) are continued.
The textile exporters made these demands while addressing a joint press conference at Pakistan Hosiery Manufacturers and Exporters Association (PHMA) House.
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The textile industry officials also demanded that Technology Up-gradation Fund (TUF) scheme is continued while the final tax is reduced and withholding tax is lowered to 0.5 percent in the budget.
The leaders of the associations also demanded that the Export Development Fund (EDF) surcharge be suspended, and the electricity tariff is reduced and fixed in the forthcoming budget.