FBR urges taxpayers to lodge complaints against officials demanding bribe for clearing refunds

Aug 19

Taxation

FBR urges taxpayers to lodge complaints against officials demanding bribe for clearing refunds

KARACHI: Federal Board of Revenue (FBR) has advised taxpayers to lodge complaints against tax officials, who are demanding bribe for clearing stuck up refunds. “Immediate action will be taken against the delinquent functionaries,” said Dr. Muhammad Ashfaq Ahmed, Member Inland Revenue Operations, Federal Board of Revenue (FBR) in a meeting with the office bearers of […]

by Mrs. Anjum Shahnawaz

Budget fails to address industry issues amid COVID crisis: APTMA

Jun 15

Budget fails to address industry issues amid COVID crisis: APTMA

KARACHI: All Pakistan Textile Mills Association (APTMA) has rejected the federal budget 2020/2021 saying that the budget has failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large scale unemployment and closures and as the market dynamics have changed Post Covid, it said […]

by Mrs. Anjum Shahnawaz

APTMA demands gas tariff reduction up to 40 percent

Jun 8

Trade & Industry

APTMA demands gas tariff reduction up to 40 percent

KARACHI: All Pakistan Textile Mills Association (APTMA) on Monday demanded the government of reducing gas tariff by 35-40 percent for export oriented sectors in line with significant deline in international oil prices. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region has demanded the Prime Minister Imran Khan and the Economic Managers of the Government to reduce the […]

by Mrs. Anjum Shahnawaz

APTMA demands allowing textile downstream supply chain operation

May 7

Trade & Industry

APTMA demands allowing textile downstream supply chain operation

The All Pakistan Textile Mills Association (APTMA) has fervently appealed to the Sindh government to lift restrictions on the textile downstream supply chain, emphasizing the urgent need to resume operations to prevent a looming unemployment crisis.

by Mrs. Anjum Shahnawaz

APTMA demands sales tax zero rating revival

Apr 22

Trade & Industry

APTMA demands sales tax zero rating revival

KARACHI: All Pakistan Textile Mills Association (APTMA) on Wednesday demanded restoration of sales tax zero rating as authorities failed to fulfill commitments of repayment of refund under new online refund system. In a letter sent to Abdul Razzaq Dawood, Advisor for Commerce, Textile, Industry & Production and Investment, the association informed that since domestic sales […]

by Mrs. Anjum Shahnawaz

APTMA demands deferment of utility bills, interest payment

Apr 7

Trade & Industry

APTMA demands deferment of utility bills, interest payment

KARACHI: All Pakistan Textile Mills Association (APTMA) has demanded the government of granting deferment of utility bills and interest payment against loans as industry was facing acute liquidity shortage. APTMA Chairman Zahid Mazhar emphasized that currently there is an acute shortage of liquidity and it is impossible for the mills to pay the utility bills. […]

by Mrs. Anjum Shahnawaz

APTMA demands restoration of zero-rate sales tax, policy rate reduction to 5pc

Mar 31

Trade & Industry

APTMA demands restoration of zero-rate sales tax, policy rate reduction to 5pc

KARACHI: All Pakistan Textile Mills Association (APTMA) on Tuesday demanded the government of restoring zero-rate sales tax and reducing interest rate to five percent in order to help the industry and ensure jobs. The textile association suggested immediate actions to keep the industry afloat and retain jobs, the government needs to extend the debt repayment […]

by Mrs. Anjum Shahnawaz

Exporters missing shipping deadline due to strike

Jan 8

Trade & Industry

Exporters missing shipping deadline due to strike

KARACHI: All Pakistan Textile Mills Association (APTMA) on Wednesday said exporters are missing shipment deadline due to transporters’ strike. The APTMA in a statement said that the recent strike by the transport sector is going to impact exports significantly as there are no empty containers are available in upcountry for exports. APTMA spokesman said that […]

by Mrs. Anjum Shahnawaz

Export commitments to be missed on gas supply curtailment: APTMA

Dec 26

Trade & Industry

Export commitments to be missed on gas supply curtailment: APTMA

KARACHI: All Pakistan Textile Mills Association (APTMA) in a statement on Thursday said that industries will fail to meet export commitments due to 50 percent reduction in gas supply. Zahid Mazhar, Chairman, APTMA, Sindh-Baluchistan Region demanded the government to restore full supply of gas to the industries located in the province of Sindh and Balochistan […]

by Mrs. Anjum Shahnawaz

Hafeez Shaikh directs FBR to simplify Form-H within a week, expedite sales tax refund payment

Dec 3

Taxation

Hafeez Shaikh directs FBR to simplify Form-H within a week, expedite sales tax refund payment

ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue, on Tuesday directed Federal Board of Revenue (FBR) to simplify form-H within a week and expedite payment of sales tax refunds. He gave the instruction during a meeting with the office-bearers and members of All Pakistan Textile Mills Association (APTMA). Adviser […]

by Mrs. Anjum Shahnawaz