Cabinet approves fiscal incentives for textile sector

Q.  Cabinet has approved fiscal incentives for which sector on June 22, 2016?
- Published on 23 Jun 16

a. 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.

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