Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Poultry sector seeks tax-free import of machinery, loans

byM Hayat
11/02/2015
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Poultry sector has also called for tax free import of poultry machinery and loans on same lines as announced for textile machinery.

In a statement, the former Chairman of the poultry Association Abdul Basit said that poultry sector of Pakistan has a huge potential and poultry could exceed textile exports if the industry is prudently facilitated by the government.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

The former Poultry Chief said that the textile industry cannot prosper until and unless it has strong backing of the Agriculture sector which provides all the raw material for this important exporting sector of the country.

He said that Pakistan is the only country in the world that has the largest irrigated Basin and according to some international reports, Indus Basin has the capacity and potential to fulfill food grain needs of the entire world.

Abdul Basit said that there was a dire need of value addition and processing to increase the exports of food items. It is the only industry that could be grown to desired levels. It could be exported to the whole world after due processing and packaging.
Abdul Basit said that the government should immediately announce loans at two per cent mark up for the poultry industry to enable it to produce export surplus. In the poultry export, processing is capital intensive step and because of high rate of interest its prices go up and make Pakistani poultry uncompetitive at global market place.

Tags: Government should announce tax incentives for poultry like textiles: Pakistan Poultry Association

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Collector Mujtaba issues ONO against illegal importer of alcohol, clearing agent

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.