Pakistan
PTEA hails Rs 2bn for DLTL
FAISALABAD: Pakistan Textile Exporters Association (PTEA) hailed release of Rs 2 billion funds for Drawbacks on Local
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In a statement issued here on Wednesday, Asghar Ali PTEA chairman and Muhammad Asif vice chairman welcomed the government's decision and demanded more funds for payment of DLTL pending claims. They said different schemes under the Textile Policy, including Textile Investment Support Fund, drawback of local taxes, refund of past Research and Development (R&D) claims and Export Financing Scheme, were initiated in 2009 to boost textile exports.