APTMA sees flexibility in government over demands

All Pakistan Textile Mills Association (APTMA) Chairman Tariq Saud Saturday said the government seems to be showing some flexibility in connection with bringing down the power tariff and taxes. He was talking to mediapersons 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 under way with the government over their demand for a reduction in Rs 170 billion additional taxes on textiles sector.
During the meeting, he said, the delegation also called for bringing down regulatory duty on import of Indian yarn besides slashing the prices of electricity and gas tariffs. He said now the APTMA delegation was in talks with Advisor Revenue, Haroon Akhtar and Chairman Federal Board of Revenue (FBR).