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Addressing rising costs, arresting decline: PTEA wants 6-8pc DLTL support tied to 10pc rise in exports
ISLAMABAD: Pakistan’s textile exporters have sought temporary Drawback of Local Taxes and Levies (DLTL) support of 6-8 percent, linked to a 10 percent increase in exports, as part of a broader package of structural reforms to address rising production costs and arrest the decline in exports. The demand was raised at a meeting convened by the Ministry of Commerce on October 13 following the Pakistan Textile Exporters Association’s (PTEA) warning on October 7 about declining textile exports and domestic commerce and its call for urgent measures to restore the sector’s competitiveness. The meetin...
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