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Madhya Pradesh: On duty ASI dies of cardiac arrest freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Perturbed with energy crisis, Pakistan textile exporters plan to shift industries to other countries aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
KARACHI: Textile exporters on Saturday threatened to move their production bases to overseas unless power shortages are resolved in a move to mount pressure for withdrawal a decision to cut gas. ....
Traders call for importing cotton from India Demand incentives until country achieves cotton production target KARACHI: Keeping in view the government’s approval of duty-free import of cotton yarn, exporters have demanded that the leadership open imports from India. They have also requested the government to extend incentives until the country achieves its yearly cotton production target. The Economic Coordination Committee (ECC) of the cabinet on Wednesday withdrew customs duty on the import of cotton yarn till June 30, 2021. In a statement on Thursday, Pakistan Yarn Merchants Association (PYMA) Senior Vice Chairman Hanif Lakhany called for the abolition of additional customs duty and regulatory duty on synthetic yarn to counter the impact of Covid-19 pandemic and steer production activities. ....
ECC withdraws customs duty on cotton yarn imports Business April 15, 2021 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday withdrew customs duty on import of cotton yarns and waived 66 percent take-or-pay commitment in power purchase and gas supply agreements for three public sector RLNG-based plants. The decisions were taken during a meeting presided over by the Minister for Finance, Revenue, Industries and Production Hammad Azhar. The committee approved the withdrawal of customs duty to ensure smooth supply of cotton and cotton yarns to the value-added industry, while bridging the gap between domestic production and overall demand for the inputs. ....