ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Tax Reforms for Textile Sector

The budget follows the policy of high fiscal deficit to boost the economy. It may be worth the risk provided the supply side responds adequately. The budget has based this assertion on the claim that it has taken a leap forward towards a rational tax policy: This paper challenges this claim and presents an analysis of reforms in the union excise duties for textile sector as a case study. It delves into the priorities as well as the pace of reforms. The paper puts forth proposals for reforms essential to provide an environment conducive to a proper response from the supply side.

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