PCDMA demands to waive income, sales tax, WHT & other audit notices for 2 months

CNIC condition should be deferred for 6 months due to COVID-19 Pandemic: Amin Yousuf Balgamwala Karachi, March 30, 2020: Pakistan Chemicals & Dyes Merchants Association (PCDMA) chairman and former director Karachi Stock Exchange Amin Yousuf Balgamwala has protested against notices sending to commercial importers and demanded to withdraw all notices. In a statement, chairman PCDMA…

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PWMA demands withdrawal of 17pc sales tax on domestic weaving industry

Karachi, July 12, 2019: Yousuf Yaqoob, Chairman, Pakistan Weaving Mills Association (PWMA) has criticized the imposition of 17 percent sales tax on domestic weaving industry.  According to PWMA Chairman, the imports of yarn without payment of sales tax by the export-oriented units (EOUs) through Indemnity Bonds and DTRE for exports will jeopardize the existence of…

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