6 % Sales tax implementation suggested to government on Textile Industries by the IMF.
Well a nice ground is made this time to create problem for those textile industrialist who were doing there business as a non registered person.
First Government offers a subsidy for registered person to work on 0 % of sales tax in textile industry. When peoples started registering them selves to avail that subsidy now government is thinking to implement 6 % sales tax on textile. A very nice game but this time Game Over again, Because APTMA is not accepting these kind of implementation, specially Faisalabad side.
If the government is willing to take this step then i see a a great shutdown in textile industry.
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