{"id":66131,"date":"2020-06-03T09:50:00","date_gmt":"2020-06-03T04:50:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66131"},"modified":"2020-06-02T17:59:00","modified_gmt":"2020-06-02T12:59:00","slug":"nkati-urges-govt-to-provide-tax-relief-exporters","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nkati-urges-govt-to-provide-tax-relief-exporters.html","title":{"rendered":"NKATI urges govt to provide tax relief to exporters"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Karachi: The North Karachi Association of Trade and Industry (NKATI) recently appealed to Prime Minister (PM) Imran Khan to provide relief to exporters in light of the economic issues caused by the ongoing coronavirus pandemic \u2014 according to a news source. NKATI Patron-in-chief Captain A. Moiz Khan and President Naseem Akhtar called on the government to abolish the sales tax and other additional taxes for the export-oriented sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/sindh-notifies-sops-export-oriented-industries.html\" target=\"_blank\" rel=\"noreferrer noopener\">Sindh notifies SOPs for reopening of export-oriented industries<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reportedly, this move will allow for greater exports, and help revive the industries without further financial challenges. The association further recommended that SRO 1125 should be revived for the five sectors that were previously zero-rated in order to provide them a no-tax, no-refund facility. This will allow the industries to reduce the cost of production, and compete in international markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/textile-exporters-call-restoration-zero-rated-tax-regime.html\" target=\"_blank\" rel=\"noreferrer noopener\">Textile exporters call for restoration of zero-rated tax regime<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the association members also felt that considering the slow state of the international market and the strained relationship between the US and China, Pakistan could capture larger chunk of the global market if the right steps were taken.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The North Karachi Association of Trade and Industry (NKATI) recently appealed to Prime Minister (PM) Imran Khan to provide relief to exporters in light of the economic issues caused by the ongoing coronavirus pandemic \u2014 according to a news source. NKATI Patron-in-chief Captain A. Moiz Khan and President Naseem Akhtar called on the government to abolish the sales tax and other additional taxes for the export-oriented sector. Read: Sindh notifies SOPs for reopening of export-oriented industries Reportedly, this move will allow for greater exports, and help revive the industries without further financial challenges. The association further recommended that SRO 1125 should be revived for the five sectors that were previously zero-rated in order to provide them a no-tax, no-refund facility. This will allow the industries to reduce the cost of production, and compete in international markets. Read: Textile exporters call for restoration of zero-rated tax regime In addition, the association members also felt that considering the slow state of the international market and the strained relationship between the US and China, Pakistan could capture larger chunk of the global market if the right steps were taken.<\/p>\n","protected":false},"author":57,"featured_media":66133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[30703],"persona":[],"class_list":["post-66131","post","type-post","status-publish","format-standard","has-post-thumbnail","category-trade","tag-nkati-urges-govt-to-provide-tax-relief-to-exporters","cat-15153-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NKATI urges govt to provide tax relief to exporters - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The North Karachi Association of Trade and Industry (NKATI) recently appealed to Prime Minister (PM) Imran Khan to provide relief to exporters in light of the economic issues caused by the ongoing coronavirus pandemic \u2014 according to a news source.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/nkati-urges-govt-to-provide-tax-relief-exporters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKATI urges govt to provide tax relief to exporters - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The North Karachi Association of Trade and Industry (NKATI) recently appealed to Prime Minister (PM) Imran Khan to provide relief to exporters in light of the economic issues caused by the ongoing coronavirus pandemic \u2014 according to a news source.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nkati-urges-govt-to-provide-tax-relief-exporters.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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