News
Textile sizing industry begins strike against sales tax
FAISALABAD: Textile Sizing Industry Faisalabad, on the call of All Pakistan Textile Sizing Industry, has begun strike against imposition of Sales Tax resulting supply of raw material to Power Looms is halted, Geo News reported on Sunday.
It is pertinent to mention here that the government had exempted Textile Industry from sales tax in 2007, but it is again imposed since March 16, 2011 as a result textile industry would pay 17 percent tax.
Due to this strike, supply of raw material to power looms is halted. Power looms industry owners have also shut their industries in support the strike.
Daily wages employees are facing severe problems owing to halt of production in the industries.
Courtesy www.geo.tv