Page 33 - Export Processing Zone News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 products manufactured at the EPZ are exported back, says Irfan Ikhlas, an exporter. Technically the gover...

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.