Pakistan Reduces Tariff Of Raw Materials For Textile Machinery Industry
According to Pakistan's national daily reported on June 17th, senior officials of the Pakistan Federal Tax Commission (FBR) said that the government provided tax relief for all kinds of daily necessities, including medicines, food and beverages, in the 2019/20 budget. At the same time, the government also encourages local industries to develop and promote national exports, and to support more than 1650 kinds of raw material tariffs to support local industries, including printing, paper making, wood and furniture, LED panel manufacturing, food industry, textile machinery, household appliances and other industries.
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