Hosiery manufacturers and exporters have urged the Federal Board of Revenue (FBR) to accelerate the pace of sale tax refund release.
KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Wednesday harshly condemned gas utility for abrupt suspension to export sector. In a statement PHMA central chairman Shahzad Azam Khan said that Sui Southern Gas Company (SSGC) without serving any notice and offering any alternate arrangement suspended the gas supply, which is causing severe hindrances in […]
KARACHI: Naveed Abbas, Additional Director and Chief Domain Officer, Pakistan Single Window (PSW) has said that 27 banks will be integrated with the PSW for the facilitation of import and exports. He was addressing at an orientation session organized by Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Wednesday. He said that the facility will […]
KARACHI: A seminar was organized by the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) in collaboration with the Federal Board of Revenue (FBR) on new Export Facilitation Scheme 2021 (EFS 2021). The export facilitation scheme was notified through SRO957(I)/2021 dated July 30, 2021. The seminar was organized on Wednesday simultaneously at PHMA House, Karachi, Lahore, […]
KARACHI: The association of value added textile exporters on Wednesday demanded to reduce the withholding income tax by 50 percent in order to reduce burden on manufacturers and improve country’s foreign exchange earnings. In a joint press conference, the exporters demanded the government of restoring Zero Rating – No Payment No Refund System, continuation of […]
KARACHI: Business community is worried over rampant incidents of street crimes in the metropolis ahead of Eid holidays, according to a statement issued on Tuesday. The statement issued by Pakistan Hosiery Manufacturers Association (PHMA) informing the Chief Minister of Sindh about the rampant incidents of car snatching and stealing valuables and expensive parts from a […]
KARACHI: Value-added textile sector on Tuesday demanded the government of allowing cotton yarn from India as it was done in case of pharmaceuticals. In an online meeting with Abdul Razak Dawood, Advisor to Prime Minister on Commerce & Textile, the representatives of value added textile sector said that without discrimination, in order to overcome the […]
KARACHI: Value-added textile exporters on Tuesday demanded the government of abolishing customs duty on import of cotton yarn to support the industry and ensure timely completion of export orders. “The gravity of situation demands the government to immediately abolish customs duty on import of cotton yarn either by passing through a Presidential Ordinance or by […]
KARACHI: Federal Board of Revenue (FBR) is working to develop a new software which will eliminate flying / bogus invoices, Dr. Aftab Imam, Chief Commissioner, Corporate Tax Office (CTO) Karachi said during his visit to Pakistan Hosiery Manufacturers Association (PHMA). The chief commissioner assured the exporters that all the issues of exporters will be resolved […]
KARACHI: Textile exporters have demanded the commerce ministry of allowing extension in filing claims for duty drawback up to July 31, 2020. Pakistan Hosiery Manufacturers Association (PHMA) in a statement on Tuesday said that the commerce ministry should consider extension in cut-off date of submission of incremental claims of Duty Drawback on Taxes (DDT) for […]