Cabinet approves fiscal incentives for textile sector
Q. Cabinet has approved fiscal incentives for which sector on June 22, 2016?- Published on 23 Jun 16a. Textile
b. Garments
c. Manufacturing
d. Sugar
ANSWER: Textile
Cabinet has approved fiscal incentives for textile sector. Cabinet has approved fiscal incentives for textiles sector aimed at improving exports and boosting jobs.
- Government will also subsidise employers’ social welfare contributions for employees in the textile sector.