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Date : 17th/October/2017 
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MR. AAMIR FAYYAZ SHEIKH
Chairman APTMA
2016-17


   
 
     
     
   

New1

FEDERAL BUDGET 2017-18

EXECUTIVE COMMITTEE

ADVISORY COUNCIL


   
Becoming APTMA Member

The membership shall be granted for a period of one year and shall expire on 31st. day of March every year irrespective of the date of grant of membership. The membership shall be renewable on annual basis on payment of membership fee and on furnishing proof of filing a return of income or statement in term of the Income Tax Ordinance, 2001 for the latest preceding assessment year by the member, whether individual, firm or company along with TCO (Tex 1-5) Returns for the month of February of the year. In case of inconsistency, the higher figure as regards the capacity or turnover by the candidate/member will prevail for the purpose of calculation of membership fee.

A sole proprietorship or a partnership firm or any other company or a concern shall be eligible for the membership provided that a firm or company deals in the relevant trade of the Association.

MEMBERSHIP FEE

The intending member shall pay the membership fee on the basis of installed capacity to be calculated as per the current fee structure applicable from the Year 2011-12 as shown below:

Installed Machinery

Spindle

Rotor

Conventional
Loom

Shuttle-
less

Air-jet
Loom

Dye
Range
Machine

Rotary
Printing
Machine

Annual Rate (Rs.) per installed capacity

3.00

30.00

89.00

360/-

360/-

75,000/-

75,000/-

The maximum limit / capping of Annual Membership Fee shall be Rs.300,000/- per member mills.

The Admission Fee for new membership of APTMA shall be Rs.500,000/- per application.

CLASSES OF MEMBERSHIP

Unlike previous law, the new Trade Organizations Ordinance, 2007 recognizes only two following categories of membership and provides equal opportunity to both the classes to take part in the affairs of the APTMA.

i)          Associate Member: means a member of a trade organization which is not a
           body corporate or a multinational or a sales tax registered manufacturing concern
           or a sales-tax-registered business concern having annual turn-over of Rs.50 million
           or above;

ii)        Corporate Member: means a member of a trade organization which is either
           a body corporate or a multinational corporation with its head office or branch office
           in Pakistan or a sales-tax-registered manufacturing concern or a sales-tax-
           registered business concern having annual turn over of Rs.50 million or above.

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Last Update Oct 12, 2017
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