APTMA Chairman sees flexibility in govt over demands

ISLAMABAD: Chairman All Pakistan Textile Mills Association (APTMA), Tariq Saood on Saturday said government seems to be showing some flexibility in connection with bringing down the power tariff and taxes.


Saood was talking to media persons after a delegation of APTMA and representatives of textile exports association held a meeting with the Federal Minister for Finance, Ishaq Dar here.

The APTMA Chairman said talks were underway with the government over their demand for a reduction in Rs170 billion additional taxes on Textiles Sector.

During the meeting, Tariq Saood said, the delegation also called for bringing down regulatory duty on import of Indian yarn besides slashing the prices of electricity and gas tariffs.

Saood said now the APTMA delegation was in talks with Advisor Revenue, Haroon Akhtar and Chairman Federal Board of Revenue (FBR).