Curtailment in gas supply By 50pc is life-threatening for export-oriented textile industries

Karachi, December 26, 2019: Mr. Zahid Mazhar, Chairman, All Pakistan Textile Mills Association (APTMA), Sindh-Baluchistan Region has demanded the government to restore full supply of gas to the industries located in the province of Sindh and Balochistan as the industries in these provinces can’t operate and fulfill their export commitments at 50 percent load supply….

Read More

Coal handling at port qasim

Karachi, September 6, 2019: Since July 2018 on the directives of Honorable Supreme Court all imported coal is being handled at Port Qasim Authority. Pakistan imports coal in access of 13- 14 million tons per annum and almost 80 percent of the quantity is transported to upcountry as an energy fuel to different industries including…

Read More

PYMA rejected 4pc withholding tax on textile value chain

Karachi, August 27, 2019: Muhammad Saqib Goodluck Chairman, Pakistan Yarn Merchants Association (Sind & Baluchistan Zone) has strongly protested over imposition of 4 percent Withholding Tax instead of 1 percent requested to withdraw recent clarification of FBR. He said that during different meetings with FBR, imposition of 1 percent withholding Tax was agreed over Textile…

Read More

Burden of taxes, Textile industry reached the brink of destruction

Industries Shutdown, Millions of Workers Jobless, Khawar Noorani. Prime Minister Save Industries from destruction & reduce taxes, Ex-Chairman PYMA Karachi, July 12, 2019: Khawar Noorani, Ex-Chairman, Pakistan Yarn Merchant #39’s Association (PYMA), requested to Prime Minister Imran Khan to Save Industries from destruction and demanded to reduce Taxes on Export Oriented Industries. In a statement,…

Read More