FBR plans achieving annual target through broadening tax base
KARACHI: Federal Board of Revenue (FBR) is working hard to broaden the tax base for achieving Rs7.5 trillion collection target for fiscal year 2022/2023.
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Tag: APTMA
Business community mourns demise of SM Muneer
KARACHI: Business community has mourned the demise of renowned business leader SM Muneer, who died yesterday on November 28, 2022. S.M. Muneer business leader of Pakistan who have walked through hard time and become an example to entire Pakistani entrepreneur. The start from the rise of his Din Group of Companies as one of the […]
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APTMA demands restoring controversial SRO for sales tax refunds
KARACHI: All Pakistan Textile Mills (APTMA) has demanded the tax authorities to restore a very controversial SRO for settlement the issue of sales tax refunds. The textile millers demanded the FBR to restore SRO 1125(I)/2011 i.e. zero rating for the textile value chain to enable the industry to survive and maintain export momentum. Gohar Ejaz, […]
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APTMA urges PM to save textile industry from total closure
KARACHI: All Pakistan Textile Mills Association (APTMA) has urged Prime Minister Shehbaz Sharif to save export oriented textile industry of Sindh and Balochistan from total closure due to denial of gas. In a statement issued on Monday, APTMA Chairman Zahid Mazhar, Southern Zone has urged the Prime Minister of Pakistan, Mian Shahbaz Shareef and the […]
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APTMA demands immediate release of textile machinery
KARACHI: All Pakistan Textile Mills Association (APTMA) on Thursday demanded the government of immediate release of textile machinery, which are stuck up at ports.
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APTMA suggests measures to avoid Pakistan’s economic collapse
KARACHI: All Pakistan Textile Mills Association (APTMA) on Friday suggested the government to avoid economic collapse. The APTMA in a statement said that Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising inflation, the exchange rate in free-fall and irrationally high interest rates, the country is headed towards a […]
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Govt. halts gas supply to export industry: APTMA
KARACHI: All Pakistan Textile Mills Association (APTMA) on Friday resented the decision of the government to halt gas / LNG supply to the key export industry. The APTMA in a statement said textiles is the only sector that continues to grow and bring foreign exchange to the country, gearing up to close at $20 billion […]
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APTMA demands continuation of energy tariffs
KARACHI: The All Pakistan Textile Mills Association (APTMA) has called on the government to sustain regionally competitive energy tariffs (RCETs) to ensure the continued growth of the textile sector, which remains vital to Pakistan’s economy.
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Prolong Eid holidays to adversely affect exports: APTMA
KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly reacted to the announcement of the government regarding Eid Holidays and stated the prolong closure may adversely affect economic activities. The Patron in Chief APTMA, Gohar Ejaz has rejected the decision of the Government for Eid ul Fitr holidays from 10th to 16th May 2021. While […]
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APTMA condemns lobbying for Indian yarn import
KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly condemned vested interests for fake claims of shortage and lobbying for import of yarn from India. Asif Inam, Chairman – APTMA Sindh-Balochistan Region strongly condemned mala-fide propaganda of shortage and unavailability of yarn despite yarn import is allowed from all over the world except India in […]
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