APTMA Chief Calls for 4% Rate Cut to Boost Textile Sector
October 25, 2024
As per details, APTMA Chairman Kamran Arshad has urged the Monetary Policy Committee to reduce interest rates by 400 basis points, stating that the high interest rate is a barrier to growth in the textile sector. Kamran Arshad highlighted that the effective interest rate of 10.6% is unsustainable for the industry, and urged the need […]
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APTMA Chairman High Energy Costs Tax Hikes Hurting Mills
September 25, 2024
Chairman of All Pakistan Textile Mills Association (APTMA), Asif Inam, has said that the most expensive electricity is being provided to mills in the country. Chairman APTMA has said that the corporate tax in Pakistan has risen to double in comparison to neighboring India. He said the cement factories are being run at 10 to […]
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