WATCH: Budget 26-27: what does the textile industry want?

A Business Recorder Forum held earlier this week brought together stakeholders from the textile sector, including Chairman of the All Pakistan Textile Mills Association (APTMA), Kamran Arshad and Shahzad Saleem, Chairman of Nishat Chunian Group.

The group discussed challenges facing Pakistan’s textile sector and backed the normal tax regime over the fixed tax regime, calling for a more equitable and transparent tax structure that accurately reflects actual income levels.

The forum concluded that reducing the tax burden is essential if Pakistan’s export sector is to recover and grow.