New budgetary measure to cost textile sector dearly: 3.5 percent withholding tax deduction on thread | /

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New budgetary measure to cost textile sector dearly: 3.5 percent withholding tax deduction on thread

ISLAMABAD (July 18 2008): Textile sector would face serious liquidity problem due to a major budgetary measure for deduction of 3.5 percent withholding tax by the dealers of textile mills on supply of thread/yarn to these units.

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