Categories: Business

Razak announces refunds of Rs 828 miln for non-textile sector

F.P. Report

ISLAMABAD: The Prime Minister Adviser on Commerce and Investment, Abdul Razak Dawood on Thursday announced that Drawback of Local Taxes and Levies (DLTL) refunds of Rs 828 million for non-textile sector had been transferred to State Bank of Pakistan (SBP) and reimbursement would start from tomorrow.

He said the western economic block would gradually opening up there market and there were trickles of order coming from them to provide huge opportunity to the local industrial sector, he said in tweet.

He said that “I am appealing to local textiles industry to take full advantage of these new opportunities to enter in new segment and new geography.

He reiterated that the government would fully support to the Industrial sector in that regard.

The Frontier Post

Recent Posts

Maryam Nawaz’s Political Branding on Flood Aid is a Disgrace

By: Javed Mir At a time when Punjab is drowning in floodwaters and families are…

1 hour ago

UK-Germany-France triumvirate returning to prominence

Andrew Hammond French President Emmanuel Macron, German Chancellor Friedrich Merz and Polish Prime Minister Donald…

9 hours ago

How to use AI without losing our minds

Ngaire Woods The recent launches of Gemini Deep Think and GPT-5 have highlighted the rapid…

9 hours ago

Govt keeps petrol price unchanged, slashes diesel’s by Rs3 per litre

F.P. Report ISLAMABAD: Pakistan government on Sunday kept the petrol price unchanged for the next…

9 hours ago

Trump says he plans unconstitutional executive order to mandate ID for voters

WASHINGTON: Donald Trump has said he will issue an executive order to mandate identification for…

9 hours ago

Dominik Szoboszlai’s wonder strike sinks Arsenal and sends Liverpool top

LONDON : If Liverpool are to successfully defend their Premier League title, they will look…

9 hours ago

This website uses cookies.