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Textile sector seeks zero-rated facility Asks govt to reduce withholding tax to 0.5% in federal budget for FY22 KARACHI: Value-added textile exporters have urged the government to restore zero-rating (no payment, no refund), continue the Duty Drawback of Taxes (DDT) scheme and Technology Up-gradation Fund (TUF), and reduce withholding tax (WHT) to 0.5% in the upcoming federal budget for fiscal year 2021-22. At a joint press conference, the heads of around a dozen textile associations including Council of All Pakistan Textile Mills Association Chairman Zubair Motiwala, Pakistan Apparel Forum Chairman Jawed Bilwani, Pakistan Hosiery Manufacturers and Exporters Association Chairman Tariq Munir and Pakistan Knitwear and Sweater Exporters Association Chairman Rafiq Godil demanded the suspension of Export Development Fund (EDF) surcharge. ....
Fibre2Fashion | Fatigue Factor May , 2021 The issue of fatigue associated with audits and standards is not new, but that weariness exacerbated by the COVID-19 pandemic is beginning to stretch industry to its seams. It is a question of standards, compliances and audits. Or rather, an overdose of them. In this backdrop, Standards Convergence Initiative (SCI) has been recently unveiled. By Subir Ghosh. Prime ....
/PRNewswire/ A report from CCTV+: Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee, on Monday started. ....
/PRNewswire/ The activewear apparel market is expected to grow by USD 157.1 billion, progressing at a CAGR of almost 11% during the forecast period. The. ....
/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled. ....