Page 17 - Export Processing Zone News Today

The Finance (Supplementary) Bill 2021 or the mini-budget is about to create a legal conundrum for the federal government as for the first time goods being produced at the Export Processing Zone (EPZ) would also be taxed. Taxing such goods goes against the Export Processing Zone Act 1980, exporters have said. The supplementary finance bill proposes a 17% GST on machinery, equipment and raw materials imported to Pakistan to manufacture products at the EPZ. The tax is unlawful because all the produ...

The workers resumed work after the festive period only to find the gates locked and their contracts terminated.

More than 2,000 workers at the Global Apparel company conducted a peaceful demonstration outside the factory chanting anti-management songs after they were denied entry into the firm.

Aslam reviews issues of colonization, infrastructure of EPZ % A meeting was held in the Civil Secretariat under the chairmanship of Provincial Minister for Industries

The shutdown to affect major parts of the city.

Enterprises in Ho Chi Minh City, the locality hardest hit in the fourth wave of COVID-19, have been adjusting to the “new normal” after around 100 days the city applied social distancing measures.

Government had agreed with IMF to abolish GST exemptions of Rs350 billion

ISLAMABAD: The government is set to present a mini-budget before Parliament for withdrawal of General Sales Tax exemptions and slapping standard...

The grand opening of Laos’ long-anticipated Thanaleng Dry Port (TDP) and Vientiane Logistics Park (VLP) took place on December 4, marking the start of streamlined services to facilitate and cut the cost of transport and related expenditure.

Though the COVID-19 pandemic remains unpredictable, many businesses in the country’s pandemic hotspot HCM City have resumed full operations despite stringent prevention protocols and human resource shortages.