Tag: APTMA

  • BOI holds consultative meeting on Faisalabad industrial closures

    BOI holds consultative meeting on Faisalabad industrial closures

    Islamabad – Federal Minister for Board of Investment (BOI), Qaiser Ahmed Sheikh, chaired a detailed consultative meeting on Tuesday with major stakeholders, including Chambers of Commerce, the All Pakistan Textile Mills Association (APTMA), and representatives from Faisalabad industries.

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  • APTMA urges FBR to adjust super tax against pending refunds

    APTMA urges FBR to adjust super tax against pending refunds

    Karachi, February 2, 2026 – The All Pakistan Textile Mills Association (APTMA) has called on the Federal Board of Revenue (FBR) to adjust Super Tax liabilities against long-pending government refunds, following the Federal Constitutional Court’s ruling on outstanding Sales Tax, Income Tax, and other reimbursements owed to manufacturers and exporters.

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  • Aurangzeb assures APTMA of government support to resolve textile sector issues

    Aurangzeb assures APTMA of government support to resolve textile sector issues

    Islamabad, January 29, 2026 — Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday assured the textile industry of the government’s continued engagement to address key challenges confronting the sector, reaffirming its importance to Pakistan’s economy.

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  • APTMA seeks winter waiver on CPP levy amid power shortages

    APTMA seeks winter waiver on CPP levy amid power shortages

    The All Pakistan Textile Mills Association (APTMA) has urged the federal government to grant a temporary waiver on the levy imposed on Captive Power Plants (CPPs) during the winter season, citing severe electricity shortages that are disrupting industrial operations across the country.

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  • APTMA demands immediate removal of yarn, fabric from EFS

    APTMA demands immediate removal of yarn, fabric from EFS

    KARACHI – The All Pakistan Textile Mills Association (APTMA) has strongly urged the federal government to immediately remove yarn and fabric from the Export Facilitation Scheme (EFS), warning that their continued inclusion is severely damaging Pakistan’s domestic textile industry and distorting market competition.

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  • APTMA Opposes Gas Price Hike, Cites Export Risks

    APTMA Opposes Gas Price Hike, Cites Export Risks

    Karachi, January 27, 2025 – The All Pakistan Textile Mills Association (APTMA), Southern Zone, has termed the Economic Coordination Committee’s (ECC) recent decision to increase the gas tariff for Captive Power Plants (CPPs) from Rs. 3,000/MMBTU to Rs. 3,500/MMBTU as disastrous for the country’s textile exports. The textile industry, which accounts for 60% of Pakistan’s total exports, faces significant challenges due to this decision, APTMA emphasized.

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  • APTMA Urges SBP to Cut Interest Rate to 10% for Revival

    APTMA Urges SBP to Cut Interest Rate to 10% for Revival

    The All Pakistan Textile Mills Association (APTMA) has called on the State Bank of Pakistan (SBP) to reduce the benchmark interest rate from the current 15% to 10%, emphasizing that such a move is crucial for revitalizing the economy.

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  • APTMA Raises Flags on New Customs Clearance

    APTMA Raises Flags on New Customs Clearance

    The All Pakistan Textile Mills Association (APTMA) has called on the Federal Board of Revenue (FBR) to revisit the newly proposed customs clearance system in consultation with industry stakeholders. APTMA has emphasized that the changes, if implemented without due consideration, could disrupt industrial operations, hinder exports, and negatively impact Pakistan’s economic landscape.

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  • APTMA Sounds Alarm on EFS Misuse Causing Shutdowns

    APTMA Sounds Alarm on EFS Misuse Causing Shutdowns

    Karachi, December 9, 2024 – The All Pakistan Textile Mills Association (APTMA), Southern Region, has expressed grave concerns over the widespread misuse of the Export Facilitation Scheme (EFS), which grants exemptions from sales tax and duties on imported cotton and blended yarns. This malpractice is causing severe damage to Pakistan’s textile industry, leading to significant financial losses, widespread unemployment, and closures of domestic manufacturing units.

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  • APTMA Urges Restoration of EFS for All Textile Players

    APTMA Urges Restoration of EFS for All Textile Players

    KARACHI: The All Pakistan Textile Mills Association (APTMA) has called on the government to urgently restore the Export Facilitation Scheme (EFS) to its pre-Finance Act 2024 status, including reinstating zero-rating on local supplies for export manufacturing. APTMA argues that this step is crucial for ensuring a level playing field for domestic manufacturers who have been disadvantaged compared to tax-exempt imported inputs.

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