News Clipping - Archives April 2016


TMA HEAD OFFICE 

DATE: 2016 April 30

DAWN NEWS

Portugal to open trade office in Pakistan

THE NEWS

Rs280.9 Bn Loans Written Off From 1971 To 2010

LCCI Welcomes Industrial Estate

Qureshi New Chief Of FPCCI Panel

ILO-HEC Business Improvement Training Concludes

CBI, TDAP Identify Sectors To Enhance Exports

Czech Republic For Enhanced Business Ties With Pakistan

B RECORDER

GST on POL products reduced

India releases income tax data after Piketty Criticism

Tax payers: FBR urged to provide maximum facilitation

ILO Pakistan, HEC offer training Programme

Czech ambassador visits KCCI

Abbasi to visit Aptma Punjab today

DAILY JANG

PM withhold withdrawal of concessionary SROs facilitating low segment of society

Collaboration between Pak-Chez to improved

DAILY EXPRESS

Ombudsman court suspends payment of excess billing of electricity

Federal govt decided to give completive exchange rates to textile exporters

Pakistan should concentrate on export other than textiles

Business friendly policies to be adopted to increase tax net

Karachi chamber opposed extension in tenure of office bearers


TMA HEAD OFFICE 

DATE: 2016 April 29

DAWN NEWS

Repatriation of profits jumps 27pc to $1.27bn

Senate body summons PBS over data fudging

‘IMF will continue influencing Pakistan’

KTBA suggests ways to broaden tax net

Reserves reach $20.8bn

THE NEWS

Mandviwalla For Probing Whether Money Invested Abroad Taxed Or Not

Traders Ask Govt To Allow Yarn Imports To Bridge Shortfall

Forex Reserves Inch Up To $20.790 Billion

‘China Becomes Top Foreign Direct Investor In Pakistan’

B RECORDER

Government urged to put fabric import from Dubai on negative list

Sindh formulating specific law on labour safety, health: official

Forex reserves rise by $10 million

Contempt plea: notices issued to SBP, FBR Officials

Tax proposals for Budget 2016-17 Need for new tax model

Budget 2016-17: Corporate tax to be reduced by one percent

DAILY JANG

PM assigned work of budget to Ishaq Dar and Haroon Akhter

Industrial city is facing with various environmental issues

Import Yarn should not be allowed without L.C and D.P

0% corruption 1st time in TDAP

No law for industrial safety regrettable

Industries will also be provided gas equally

DAILY EXPRESS

PM rejected summary of petroleum enhancement

Chief Minister took notice of throwing industrial waste in sea

Pakistan’s economy improving

Master plan to modernize EXPO on latest design  

Industries will also be provided gas equally

FBR withdrawn exception of sales tax from 17 industries 


TMA HEAD OFFICE 

DATE: 2016 April 27

DAWN NEWS

SC may reactivate NPL write-off case

‘Meeting next month for cheaper power to Karachi industry’

Pak-China trade increases by 18.2pc to $4.4 Billion

6,214 traders avail tax amnesty

Cotton price hits Rs6,000 a maund

THE NEWS

Government Targets Higher Duties For Imported Luxury Goods

B RECORDER

SBP suggests policy on investment abroad

Final draft of Budget Strategy Paper Reviewed

Nepra approves Rs 2.83 per unit cut

Provisional figures: over Rs 14 billion Super Tax collected in TY15

Listed companies directed to disclose loans, advances, bank balances, profit

'E-Commerce business increased to $2 billion'

Unnecessary protests to hurt business climate: PBIF president

Of taxes, taxmen, and tax havens

FPCCI to set up CPEC Help Desk at Federation House

Monetary, credit data: Islamic financing and related assets reclassified

Tax collection banks asked to facilitate special clearing on April 29

DAILY JANG

NEPRA approves tariff reduction in monetary tariff of electric fuel adjustment head

Governor endorsed three bill approved by Sindh assembly

Ministry of commerce has formed new force of exporters to enhance exports. Khurrram Dastgir

Textile export sent to Europe increased in terms of volume 

DAILY EXPRESS

FPCCIs role in economic development is appreciable

Critics are immature with regard to TDAP Gulzar Firoze

New force of exports is under preparation

PBF hold meeting on budget proposals


TMA HEAD OFFICE 

DATE: 2016 April 26

DAWN NEWS

Non-textile exports decline 19pc

Cotton price rises

LCCI, British trade body sign MoU

THE NEWS

Bangladesh Bank Hackers Compromised SWIFT Software

Commercial Banks Find Few Takers For Excess Money

APBF Starts Consultations For Budget Proposals

Mega Construction Of KCCI Headquarter To Start Soon

Association Formed

ABAD Demands Gas Connections

Industry Faces Water Shortage

FPCCI Attends Indian Event

B RECORDER

FCCI making efforts to increase exports from Faisalabad

Budget proposals: APBF begins consultations on final preparation

LCCI, BBC ink MoU on trade relations

Umrah visas can be converted into tourist Visas

Name of KP province in Urdu: correction

Body for protection of direct selling business launched

Rs 17 billion refund issue: SSGC urges FBR to include supply of gas in Eighth Schedule

Draft rules unveiled: licence to be mandatory for advisers and consultants: SECP

DAILY JANG

Umrah visas can be converted into tourist Visas

Non supply of water destroying industries KATI

Salim Mandivwala resignation from TDAP endorsed our view point

Salim Mandivwalas statement is liable to condemn

Construction of state of art building of KCCI wills start soon

Direct selling association of Pakistan formed

Dr. Mirza Ikhir Baig appointed Chairman of Pak-UAE business council

Corporate rate tax would be 32% in federal budget

DAILY EXPRESS

KCCI got possession of land for new building

Islamabad Chamber demands prepaid meter for electricity


TMA HEAD OFFICE 

DATE: 2016 April 25

DAWN NEWS

Tax facilitation centres for Mofassil areas

Preparing for next budget

THE NEWS

‘Govt, Factory Owners Complicit In Criminal Violations Of Labour Laws’

B RECORDER

London boasts largest number of billionaires: rich list

MCCI submits budget proposals

Individual or AoPs before 2000: Could FBR's data be reliable for audit of IT returns?

DAILY JANG

DAILY EXPRESS

Due to decrease in production cotton price reached to highest of 6 months


TMA HEAD OFFICE 

DATE: 2016 April 24

DAWN NEWS

Exports to Europe fall 12pc

THE NEWS

EU Agrees On Blacklisting Countries Helping In Hiding Money

Builders Seek One-time Immunity On Source Of Funding

Tax offenders and rule of law

B RECORDER

Dar says Super Tax to stay for another year

Budget 2016-17: FPCCI makes key proposal on sales tax rate

DAILY JANG

Ministry of commerce announced import policy order under new policy

DAILY EXPRESS

Textile exports decreased in 9 months to worth 83 crore dollars

Import export policy order issued under new policy

Tax evasion raid on office and good own


TMA HEAD OFFICE 

DATE: 2016 April 23

DAWN NEWS

LHC turns down FBR’s plea Lawyers not bound to share clients’ record

Falling trend persists as textile exports dip 8pc

Petrol imports set to hit record high this month

‘Rana Plazas everywhere’ — danger still haunts Bangladesh

THE NEWS

SBP Revises Exchange Rate Calculation For DLTL Disbursement

Implementation Of I-Form Delayed

Pakistan’s Growth Potential Pegged Back, Despite Soft Oil Prices

‘TDAP Performing Well Despite Odds’

Pak-Iran Trade To Touch New Heights: Envoy

B RECORDER

Withdrawal of FED on services: SRB endorses budget proposal floated by SBP

SECP issues Valuers Registration, Governance Regulations 2016

TDAP reacts to allegations by Mandviwala

Study claims locally manufactured cars not over-priced

China seizes biggest share of global exports in almost 50 years

DAILY JANG

Sindh assembly approved bill of workers participation in profit of companies

There is no law in the country to prevent earning illegal money

SITE ltd started recovery of dues

Business community hails revolutionary steps in TDAP  

DAILY EXPRESS

Investment in saving schemes reduced by 29% during July-March

Transactions reduced by ATM increased via internet

Sindh demands from center to abolish FED


TMA HEAD OFFICE 

DATE: 2016 April 22

DAWN NEWS

Reserves fall to $20.78bn

SMEs ask govt to ease collateral rules

Cotton price soars

39pc of tax revenue spent on debt servicing in July-Feb

CNG price may be reduced by Rs25 in Sindh

Former PM, others to be indicted in TDAP scam on May 19

THE NEWS

Textile Exports Dip 8.15pc To $9.363bln In July-March

SECP Seeks Views On Public Offering Rules

Forex Reserves At $20.771bln

B RECORDER

Kati seeks funds for infrastructure Development

'SBP and World Bank working towards safe e-payments'

Mandviwalla resigns as member TDAP BoD

CCCT to help textile sector boost its Performance

Pakistan's foreign exchange reserves fall by $54.5 million

SECP issues draft Public Offering of Securities Rules to get comments

UK agrees on promotion of bilateral trade: KPCCI

CNG tariff in Sindh may drop by Rs 25 from May 1

Budget formulation: direct involvement of business community to facilitate government: FCCI

Pakistan's economy has improved; we see strong opportunities here: Chairman & President, Export-Import Bank of the United States

DAILY JANG

Incentives to be given to new industries in next year growth oriented budget

Pakistan Forex Reserves fall

Dr. Mirza Ikhriar Baig meets Mauritius president

Funds should be allotted to improve infrastructure of industries

Salim Mandviwala resigns from board of directors of TDAP

DAILY EXPRESS

Salim MAndviwala resigns from TDAP as member

Extension expected in tax credit for direct foreign investors

Forex Reserves fall

All sectors should be taxed

Mauritius president meet KCCI Members


TMA HEAD OFFICE 

DATE: 2016 April 21

DAWN NEWS

FIA unearths Rs2bn online scam hitting 5,000 People

Loadshedding plan

Current account deficit shrank to $223m in Jan-March

Mauritius president for enhancing bilateral Trade

FPCCI wants zero-rating regime for all export Sectors

THE NEWS

Climate Change Impact: Another Devastating Heatwave Expected In Karachi This Summer

SHC Stays Action Against Company In Rs100 Bn Case

Current Account Deficit Shrinks 18.5pc To $1.6bln In July-March

American Business Council For Meaningful Tax Reform

KCCI, British Business Centre Sign MoU

Mauritius President Meets Traders

‘Car Prices In Pakistan Lowest In Region’

B RECORDER

National Assembly panel lauds FPCCI's budget proposals

Budget proposals by PSO: FBR urged to exempt LNG products from WHT at import stage

Collection system ABC seeks procedural Changes

KCCI, British Business Centre sign MoU

Baig discusses trade-related matters with President of Mauritius

Exports of textile sector decline by 8.16 percent in nine months

Hot weather to strike Karachi from Tomorrow

Export sectors: government urged to fulfill promise of zero rating

DAILY JANG

POL products likely to be increased by Rs 3/- fro 1st May

Standing committee on finance instructed FBR to include FPCCI recommendation in budget

Pakistan can avail openings in Mauritius

Stake holders’ inclusion in budget preparation should be increased by ABC

DAILY EXPRESS

Muhammad Shiraz appointed member executive of FPCCI

British deputy high commissioner assured KCCI 


TMA HEAD OFFICE 

DATE: 2016 April 20

DAWN NEWS

Loadshedding hours for summer announced

Banks to remain open for Haj applications

‘EU assistance strengthening economy’

LSM expands 4.35pc

Cotton price goes up

Dubai property prices fell 10pc in Q1

THE NEWS

Opening businesses after 8pm to cost three times more

Govt Lifts Ban On New Gas Connections For High Rise Buildings

Pakistan, Mauritius To Upgrade PTA To FTA

SHC Suspends FBR’s Audit Notice On MQM Senator’s Plea

Informal Sector Pays Below Minimum Wage: State Bank

FPCCI Urges Transparency In CPEC Projects

Parliamentarians Pledge Support To Businessmen

Sales Tax Zero-rating Allowed

B RECORDER

FBR briefs Dar on budget proposals

‘Taxation system should be revamped to produce desired results'

Cotton arrivals show 34.28 percent decline: PCGA

No change in power loadshedding duration: ministry

Hajj application: banks asked to open branches on Saturday, Sunday

STPF 2015-18: Country unlikely to achieve $27 billion export target: Sarhadi

The wailing manufacturing sector

Cotton production to register huge decline

DAILY JANG

Malaysian flight from Karachi is a good move

New burden on gas consumers

Three times more tariff will be collected from those who don’t observe timing of 8:00PM closure business

DAILY EXPRESS

Unpopular and strict decision to be taken for stable economy

FPCCI demands transparency and safeguard of industries in economic corridor

MOU signed between Karachi Chamber and British business center

Help to traders will continue to gains GSP+ benefits


TMA HEAD OFFICE 

DATE: 2016 April 19

DAWN NEWS

Cotton production plunges 34.2pc to 9.8m Bales

FDI rises 15pc to $957m

THE NEWS

FBR Expects 10,000 To Benefit From Tax Amnesty Scheme

PHC Stays GIDC Collection From Factories

Gas Consumers To Pay Rs101 Bn For LNG Pipelines

FDI Up 15pc On CPEC Inflows In July-March

Cotton Output Falls 34pc To 9.768mln Bales

HBL Opens Branch In China

‘Manufacturing Sector Slows Down In March’

WeBOC System Upgradation Urged

5th Islamic Finance Expo On 21st

Raise In Research Budget Hailed

Govt Urged To Facilitate Export Sector In Budget

B RECORDER

Benami Transactions Act: proposed legislation not applicable retrospectively

South Korea keen to boost trade ties: Envoy

Trade, education and health Pakistan, Mauritius agree to boost bilateral relations

Allowing more than one connection at any premise Nepra may direct KE to restore previous policy

FBR urged to delay launch of Form-I module till July

Speakers for facilitating export-oriented industries in budget

July-March FDI up 15 percent

“AD” All Pakistan Textile Mills Association 

DAILY JANG

In TDAP before me corruption of Rs 13 billion done

Furnace oil cost increased by Rs900/-

DAILY EXPRESS

Sending additional bills to consumers without intimation is not justified

July-March FDI up 15 percent

Saudi Arabia announced new cheapest air line

Enhancement of budget for research is a good step

Electronic I form should be made optional instead of mandatory

Transfer appointment in FBR

Fall of exports in spite of resources is not a good sign 


TMA HEAD OFFICE 

DATE: 2016 April 18

DAWN NEWS

Illegible prescriptions

New breed of tech entrepreneurs

TDRO drafting new law for trade dispute Resolution

SBP opts to keep rate unchanged

Revisit agriculture income tax law

THE NEWS

Labour Organisations Demand Changes In Sindh Tenancy Act

Still Not Safe

$700mn Worth Of Export Order Secured: TDAP Chief

B RECORDER

FBR field formations accused of flouting provisions of FOIRA

5.1 million cotton bales worth 'Rs 200 billion' lost, claims PCGA

Aspirin lowers heart attack risk for many Adults

Marriage is good for cancer patients

DAILY JANG

CNIC having validity up to 10th March 2017 and passport mandatory for Hajj 2016

Challenges to world economy

DAILY EXPRESS

Haj applications will be received today and 26th April is last date

Cattle colony Towel cloth and machineries gutted by fire

Decision taken by EOBI to disburse pension through ATM cards

Proposal under consideration to penalize for doing business with non-registered firs

Customs agents express reservations on WEBOC systems defects

Govt should hold exhibition in collaboration with chambers   


TMA HEAD OFFICE 

DATE: 2016 April 17

DAWN NEWS

Currency dealers see ‘exchange rate bubble’ set to burst

Stamp duty collection jumps 18pc in Sindh

THE NEWS

The Tax Connection

Free Trade Key To Poverty Reduction: FPCCI

Global Commodity, Oil Prices Guide Pakistan’s Consumer Inflation: SBP

B RECORDER

Demurrages piling up: manufacturers irked by slow process of ST Registration

Budget proposals: government urged to cut GST rate to 15 percent

NPOs and NGOs: SECP revises criteria for renewal of licences

Plea bargain with NAB: SECP to be empowered to disqualify director of public interest company

DAILY JANG

Scientific research is of big importance FIR industrial development

Pakistani products are in great demand in Tajikistan

Economy documentation is essential tax amnesty scheme is economic terrorism

DAILY EXPRESS

Work on SARRC industrial Park is going on

Asif Maqsood appointed senior vice chairman of FPCCI standing committee

TDAP is not responsible for fall of exports


TMA HEAD OFFICE 

DATE: 2016 April 16

DAWN NEWS

Sindh Govt “AD” Titled “Attention all industrialist”

TDAP “AD” Titled TEXWORLD, New York, USA

Exporters demand uninterrupted gas supply

THE NEWS

FBR Recovers Rs700mln In Tax Audit Drive

SBP Issues Regulations For Private Credit Bureaus

Pakistan Keen To End Non-tariff Barriers For Regional Trade Growth

Entrepreneurs To Fuel Economic Activity

Pak-UK Economic Interests Converge, Says Ebad

B RECORDER

Private credit bureaus: SBP unveils regulatory framework

Fiscal Year 2017 budget needs to resolve issue of tax refund delays: OICCI

KCCI for withdrawal of 14 percent sales tax on indenters

GAS SUPPLY CLOSURE EVERY SUNDAY INDUSTRIAL AND CAPTIVE POWER

DAILY JANG

President of Pakistan will give FPCCI awards on 3May to important personalities

World share in trade can be increased by increasing regional trade

Majeed ST nominated chairman standing committee on Hosiery garments knitwear

World economy is incurring loss of 900 billion dollar due to mental worries of employees

DAILY EXPRESS

GAS SUPPLY CLOSURE EVERY SUNDAY INDUSTRIAL AND CAPTIVE POWER


TMA HEAD OFFICE 

DATE: 2016 April 15

DAWN NEWS

Nepra allows 45 paisa per unit refund to KE Consumers

Rasheed challenges TV fee

Reserves slip to $20.83bn

THE NEWS

Queen Elizabeth Is Still ‘the Boss’

Customs Proposes 5 To 20pc Duties On Imported Goods

US Envoy Announces Availability Of Over $100mln For Pakistan’s Private Sector

Forex Reserves Ease

US Says China To End Export Subsidies In Seven Sectors

Innovations, Not Layoffs Pay Higher Dividend

B RECORDER

IMF, World Bank focus on tax evasion

SECP proposes conditions for share issue by way of IPO

PTEA chief concerned over decline in Exports

APTMA organises workshop on WeBOC

FPCCI urges minister to increase free demurrage period

80 mega tax evasion cases detected in 2 Months

Punjab, Chinese province sign six MoUs on trade promotion

Fuel adjustment: KE consumers to get 45 paisa per unit refund

SBP extends date for DLTL claims

DAILY JANG

CNG is being sold expensive by Rs 9/- per KG in Sindh also

Issues in north Karachi industrial area are continuously increasing

Sharp increase cotton prices

Slight change in temperature would be disaster for world

DAILY EXPRESS

Decision up hold on reduction of electric tariff up to 45 paisa in Karachi

Pakistanis owns 200 billion dollar in Swiss banks

Forex reserve reduced to 5 corore dollar

Urdu website of completive commission

APTMA demands imposition of 15% duty on import of polyester yarn and fabric


TMA HEAD OFFICE 

DATE: 2016 April 14

DAWN NEWS

Land records

Pakistan’s first banking awards next month

US ExIm Bank offers long-term financing

Rs1.089bn to be disbursed for DLTL

Gurgaon to be called Gurugram

“AD” Pakistan Textile Exporters Association

KE wants ban on billboard lighting to save Power

THE NEWS

KE Asked To Reduce Loadshedding During Heatwave, SHC Told

FPCCI Prepares Budget Proposals

Sales Tax Zero-rating Allowed

Businessmen Propose Sales Tax Rate At 7 Percent

Lack Of Accountability Impedes Progress In Logistics Sector

B RECORDER

Bills on forex, cyber crime, foreigners passed by National Assembly

PTEA chief for early settlement of refund Claims

SBP to disburse Rs 1.089 billion to settle DLTL claims

'Export development fund embezzled'

Atiqa Odho made FPCCI standing body Chief

Industrial estates: Sindh government urged to allocate Rs 2 billion for infrastructure uplift

Qaisar Mufti's article: SECP's response

New IMF benchmark: Audit of 25 HNWIs, large taxpayer companies begin

DAILY JANG

Investors around the globe visiting Pakistan

Rs 1000/- per kilogram will be paid to domestic passengers on damage of goods

Filing of tax return by trader is mandatory

Conurbation of workers welfare board should be paid to Sindh revenue board

Loan is no substitute of exports in any way

Preparation begins on installation of smart immigration gate at Dubai Airport

Chief Commissioner and IR of Karachi, Lahore, Gujranwala, Sukhur, Islamabad replaced

FBR collected revenue of 2175 billion from 1st July 2.15 to 13 April

DAILY EXPRESS

NEPRA reduced K-Electric tariff by 0.45 paisa

Next year Fiscal budget will be presented in May

Rs 1.08 billion refund approved for exporters


TMA HEAD OFFICE 

DATE: 2016 April 13

DAWN NEWS

Tax system on the brink of collapse, Senate Told

4,355 firms enrolled in July-March

Remittances rise 4pc to $14.2bn

Exports fall 13pc to $15.6bn

‘IRIS glitch causing delay in WHT statements filing’

THE NEWS

Nawaz may quit for 2-3 months

Remittances Fall 8.7pc To $1.47bln In March

Trade Deficit Widens 5.5pc To $16.909bln

Shariah Board Report In Urdu

Date Extension Sought

Home-grown Multinationals Can Change Export Dynamics

SECP Registers 604 New Companies In March

B RECORDER

Tax issues: Chairman Senate to be asked to constitute special body

WHT statements: Field offices accused of harassing taxpayers

Budgetary proposals: government to take all stakeholders on board: Dar

POL price increase: government asked to respond by April 18

Budget proposals: Ferguson lays stress on removing ambiguities in tax laws

Third 'Nordic Pakistan Business Summit': heavy customs duties major hurdle to trade growth

CEC Expo plans to hold exhibition in Karachi next March

Foreign investments: ban on new gas connections major hindrance: BoI

Missing baggage claims: CAA starts awareness campaign

SBP allows lockers' operation on Saturdays

PM not properly briefed

The gospel according to the accountant

Textile: not forgotten

A long hot summer ahead!

PIA increases fares

AD Pakistan Textile Exporters Association 

DAILY JANG

Govt has approved special incentives for industry in new budget

DAILY EXPRESS

Excise & Taxation advertisement

Trend of increasing foreign remittance stopped 9% decline in March

Exports decreased by 13% during to July to March reduced to 15.6 billion dollar

Hotline to be established to detect tax evaders

Appointment of relative of senators on commercial attache detected


TMA HEAD OFFICE 

DATE: 2016 April 12

DAWN NEWS

Pakistani Americans

SMEs assured of better financing

BoP to collect taxes, receipts for Punjab

THE NEWS

LTU Lahore Exceeds FBR’s Tax Collection Target By 109pc

Lack Of Laws Leaves Consumers At Mercy Of Hoarders, Industrialists

Businesses Urged To Be Proactive To Up Pak-Thailand Bilateral Trade

Free Trade Accord With Pakistan Likely By Year’s End: Thai Envoy

B RECORDER

Anti-money laundering cell operating satisfactorily: SBP Director

Exim Bank shows interest in investment

'British Business Centres to be established across Pakistan'

PIAF underscores need for tax-free budget

Government urged to withdraw key tax avoidance provisions from law

Budget proposals: FPCCI delegation briefs Dar

Budget proposals: PBC against tax amnesty schemes and waivers

Business community gives mixed reaction to MPS

SBP needs to be more analytical

DAILY JANG

Trade groups rejects holding of political meeting at Islamabad

Countries not sharing tax information be blacklisted

Pak Thailand free trade agreement expected this year

DAILY EXPRESS

30% income tax one large and small companies under consideration

Free trade agreement with Pakistan is expected this year Thai envoy

EXPO center demanded for Rawalpindi

Contact with foreign buyers during TEXPO


TMA HEAD OFFICE 

DATE: 2016 April 11

DAWN NEWS

Consensus on an economic agenda

Gas price cut & GIDC

Ibad gives assent to minimum wage law

Rupee gains vs euro, dollar

Time to review real effective exchange rate

Singapore becomes world’s third top financial Centre

Bangladesh urges India to be more liberal toward neighbours

Avenues for small investors

THE NEWS

US Exim Bank Shows Interest In Investment Opportunities

Sindh’s Minimum Wages Bill Passed Into Law After Governor’s Approval

The Clampdown On Tax Inversions Is Only A Start

Safe Havens

Offshore Accounts

B RECORDER

MPS: What about the export worries?

Shahbaz launches scheme to promote tax Culture

PTEA concerned over lack of action over refund claims

Businessmen strike deals worth $ 225 million at TEXPO Pakistan

Sharp decline in exports: SBP backs business community's concerns: BP leaders

A realistic metric of poverty

Taxes: FBR takes new measures to simplify procedures

Income tax demand: recovery proceedings to remain suspended, FBR told

DAILY JANG

Board will be formed to determine fixation of wages in industrial and commercial Units

Plan to build biggest tower in Dubai higher than Burj Khalifa

Trade Policy 2015-2018

DAILY EXPRESS

Governor signed bill of Minimum wages for laborers

Tax should be collected form all income generating sectors

Trust scheme launched in Punjab to promote tax culture

E-mail cell formed in Punjab to address complaint cell of tax payers

In connection with tax day SMS introduced in Punjab

3rd EXPO concludes in Punjab successfully  


TMA HEAD OFFICE 

DATE: 2016 April 10

DAWN NEWS

SBP keeps policy rate on hold at 6pc

Rs100bn tax exemptions to be withdrawn

Sindh aims for online vehicle registration

THE NEWS

SBP maintains key interest rate with inflation set to pickup

Tax revenue reaps 18.2pc increase in nine months

FBR introduces tools to simplify Tax paying procedures

Lack of awareness hampering exports

WeBOC shuts down again

LCCI expo concludes

B RECORDER

Concessionary regime: FBR briefs Daron final plan

Exports, FDI inflow: BoI working on strategy to meet targets

ABAD seeks tax scheme for businesspeople except traders

Punjab-based textile industry thanks government for gas supply

APTMA hails TDAP for organizingTEXPO

Customs Dept prepares 'I Form Module' to regulate import business

Membership renewal: DGTO notifies extension till April 30

Businesses for cut in policy rate

STPF 2015-18: MoC still facing ''unseen'' Hurdles

DAILY JANG

TEXPO 2016will reflect positive sign on Exporters

I am strong candidate for president ship of FPCCI

Export orders of terry towels worth 10 million dollars expected   

Gas connection for high rise building will hurt export industry

Renewal of membership of trade bodies extended up to 30th April , 2016

Lahore chamber EXPO visited by local and foreigners in thousand

DAILY EXPRESS

Towel sector expects 1 core dollar export orders from TEXPO

27 Pakistani Firms participated in Shanghi apparel Fabrics yarn EXPO

APTMA halls TEXPO

DGTO extends membership renewal date of trade bodies up to 30th April


TMA HEAD OFFICE 

DATE: 2016 April 09

DAWN NEWS

SECP takes action against defaulter companies

India’s forex reserves surge to record $360bn

British brands eye growing Muslim consumer Market

US urges citizens to postpone non-essential trips to Pakistan

THE NEWS

Leather exhibitors sign $11.4mln deal

Trade Expos Sign Of Increase In Economic Activities

Capacity-building Of HR Must For Customers’ Satisfaction

SECP Initiates 35 Show-cause Proceedings

SBP Expected To Keep Policy Rate Stable At 6pc

B RECORDER

One third of people live below poverty line

Budget 2017-18: SBP proposes deletion of Section 165A of IT Ordinance 2001

MPS today: healthy activity in money Market

EFP condemns issuance of notices

Minister inaugurates three-day LCCI expo 2016

Budget 2016-17: government urged to consider proposals by traders

Various sectors: 'Nigerian companies can benefit from Pakistan's expertise'

SECP initiates 35 show-cause proceedings against companies

SECP issues Licensed Persons (Obligation under Voluntary Winding up) Regulations, 2016

DAILY JANG

Indian forex reserves increased to 360 billion dollar

Ban on gas connection for industrial sector of Sindh be lifted

TEXPO discussion on joint venture with various delegates and KCCI held

Forex reserves reached to 20 billion dollar

Employers federation of Pakistani condemns issuance of notices by EOBI

DAILY EXPRESS

USA issues travel advisory to its citizen on visiting Pakistan

Pakistans soft image be improved foreign traders said

Foreign delegates held meeting with Karachi chamber

Gas connection for industries be lifted is Sindh demanded

Declining textile exports 


TMA HEAD OFFICE 

DATE: 2016 April 08

DAWN NEWS

New poverty line makes a third of Pakistanis Poor

Reserves rise to $20.88bn

Trade with India on track despite strained ties: Dastgir

Measures urged for nabbing tax evaders

EU to simplify Value Added Tax system, crack down on fraud

People to get civic facilities in proportion to taxes they pay

THE NEWS

No Need For Fresh IMF Loan, Says Dar

Passports For The Rich

‘India-Pakistan Standoff Halts Trade Liberalisation Talks’

Pak-Lanka Business Councils Sign Agreement

Forex Reserves Increase To $20.88bln

Pakistan Seeks US Help In Human Resource Development

Aptma Demands Removal Of GIDC

KCCI, HK Trade Body Sign MoU

B RECORDER

Potential taxpayers'' data termed''nonactionable''

SBP likely to maintain status quo in MPS

IMF programme towards completion for first time: Prime Minister

Monetary policy: Status quo is the way to Go

Corporate governance for non-listed companies: SECP holds roundtable on principles

FPCCI, Ceylon CCI sign MoU

Fashion Pakistan Week 2016: four designers showcase their collections through Bank Alfalah

Business Class: Etihad Airways offers savings of up to 50 percent

APTMA demands removal of GIDC

Dastgir inaugurates four-day TEXPO 2016

KTBA suggests withdrawal of WPPF, WWF

TMA chairman for accumulated refunds

MPS: Better to be cautious

Limit on sending money abroad

People advised to adopt diabetes preventive measures

Banks reject indebted Indian tycoon''s $600 million repayment offer

“AD” Towel Manufactures Association of Pakistan 

DAILY JANG

No contact at govt level but trade activates are on

230 companies participating in TEXPO Pakistan 320 stalls built up in 4 exhibition hall

If refunds are released in real sense than exports of Towel can be increased 2 times more

DAILY EXPRESS

Provincial ombudsman withhold cancellation of Indus trial plot in Nooriabad

Reservations on strategic trade policy frame work

1st TEXPO 2016 begins in Karachi

Towel Exports can be made double if refunds are released

KCCI meets delegates of various countries

Decision taken to sign FTA with erosion economic union


TMA HEAD OFFICE 

DATE: 2016 April 07

DAWN NEWS

Luanda Int’l trade fair

Ebad sees growth rate rising

Punjab industry getting 24/7 gas supply

Pakistan to initiate trade talks with EEU

THE NEWS

PSQCA Declares 22 Mineral Water Brands Unsafe

Benefits Of GSP-Plus Status Yet To Trickle Down To Pakistan’s Largely Undocumented Workforce

No Fear Of Fuel Shortage In Country: OCAC

Govt Urged To Withdraw Gas Cess

Old Design Notes Valid Till Nov 30

Removal Of Ban On New Gas Connections Urged

Date Extended

Pakistan Approaches EEU To Initiate Talks On FTA

Steps Taken To Explore South American Markets

B RECORDER

Various sectors: Pakistan, China agree to establish working group

Non-profit associations: SECP revises conditions on grant of license or renewal

KCCI suggests taxing agriculture sector Equally

Sri Lankan business team to attend TeXpo- 2016

APTMA for lifting ban on new industrial gas connections

Sindh Governor inaugurates first TEXPO 2016

Companies Bill 2016: SECP seeks feedback on revised draft

SCBA offers services to carry out Investigation

Government urged to reinstate seven percent duty on yarn

'Trade policy lacks incentives for leather sector'

PBC throws light on Trade Policy 2015-18

KCCI chief urges government to withdraw GIDC

Call to address water shortage issue in industrial areas

Rise in tax collection!

Assets of Pakistani citizens outside Pakistan and offshore companies

DAILY JANG

Pakistan exports to America and Europe likely to fall further

Textile sector Exports will fall further due to increase gas tariff

Appeal rejected to impose regulatory duty on polyester yarn and fabrics

In strategic trade policy incentives given to exports is small

Ban on gas connection for industries in Sindh be lifted

Fuel adjustment electric tariff increased for December and January notification issued

Sui southern gas applied to ogra for enhancement of rate Rs 42.17 per MMBTU

Proposal to increase tenure to 2 years for president ship of FPCCI and chamber of commerce 

DAILY EXPRESS

National textile products is symbol in international market 

Flying invoices

Karachi chamber expressed concern on gas hike

No visible investment possible due to complicated economic conditions

Water to industries be given according to demand

Bank will not change old notes after 30 nov

Views sought on revise draft bill of companies ordnance

Efforts to be made for automation of documents SBP


TMA HEAD OFFICE 

DATE: 2016 April 06

DAWN NEWS

Rs2.1tr tax collected in July-March

Removal of 16pc duty on banking sought

SECP makes CNIC mandatory for dividend Payments

First domestic payment scheme launched

STPF fails to qualify as a ‘trade’ strategy

India cuts key interest rate to five-year low

Japanese firm apologises for ice cream price Hike

Banker’s appointment as ambassador raises Eyebrows

THE NEWS

Bankers Call For Withdrawal Of Tax Immunity Scheme

SECP Allows Firms To Withhold Dividends

Pakistan Unveils First Domestic Payment Gateway

India Cuts Key Interest Rates To Lowest Since 2011

POL Consumption Surges 14 Percent In March

PFBA Calls Pakistan’s Economic Front Grim

B RECORDER

FBR collects record Rs 2.1 trillion in nine months: Dar reviews performance

CNG, fertilizer, industrial sectors: LNG import enables government to supply round-the-clock gas

Prior to approval of Hajj policy: banks barred from receiving Hajj applications

PTAA urges PM to correct tax machinery

Economy still facing hard times: PFBA

Budget 2016-17: PBA recommends rationalisation of tax rates

Government urged to make refund Payments

A 4.5 percent growth rate looks realistic?

STPF 2015-2018: policy or platitude?

CNIC mandatory for dividend payment: SECP

Ministry comes under fire for export decline, other issues

DAILY JANG

New customs officials assumed charge at Karachi Sialkot Multan Faisalabad

Companies can withhold payment on non-production of CNIC copies

Welcome non-tariff barrier in trade with Iran

Section III (4) of income tax ordnance be abused

Rs 15 billion withholding tax collected on bank transaction 

Non Fillers trader made failure of voluntary tax scheme 

DAILY EXPRESS

Only 8000 traders benefited by tax scheme

Corporate tax for bank be also demanded


TMA HEAD OFFICE 

DATE: 2016 April 05

DAWN NEWS

Firms asked to maintain free-float at 25pc

Sindh proposes to double stamp duty

Gas ban on residential high-rises lifted

Monetary policy on Saturday

AD APTMA

Water closure today

THE NEWS

FBR Can Check Five Years Record To Identify Tax Evaders

FBR Bars Field Staff From Sharing Info With FIA

FBR Arrests IT Company Officials For Rs1.04 Bn Tax Evasion

‘Bank Approval To Foreign Payment Must For Consignment Clearance’

SECP Consults Traders On E-trading Via PMEX

SECP, CFASP Sign MoU To Raise Awareness About Investors’ Rights

FPCCI Concerned Over Lessening Water Resources

SHC Seeks Comments On Implementation Of EOBI Law

B RECORDER

Chinese inaugurate Gwadar Port Free Zone

RTO-II Lahore achieves revenue target for March

About 380 skyscrapers without gas for years: government lifts ban on new connections for high-rise buildings

Private courier services: establishment of regulatory authority on the cards

Multinationals must pay tax where they earn profit: EU's Moscovici

Massive sales tax evasion: three leading vendors of computer industry arrested

LCCI holding exhibition

Sales tax on services: KCCI suggests 10 percent as upper limit

All concessionary SROs to be phased out by fiscal year 2017

MPS on Saturday

July-February period: repatriation of profit crosses $1 billion mark

DAILY JANG

Notification of reducing electric tariff by Rs 4.36 per unit for February issued

Performance of export sector was unimpressive during last decade state bank of Pakistan

Gas connection should be given to high rise building in Pakistan

Shortage of cotton in Ginning Factories

Abdur Rahim Janoo should be appointed FPCCI president for 2017 reap

State Bank of Pakistan will announce monetary policy on Saturday

Haj applications will be received up 14th April

FBR will start total audit of income f past non-filers from 1st may

Only focal person can furnish information to FIA   

DAILY EXPRESS

Pakistan ranks at 48 numbers on keeping dollar account amongst the world

5 years imposition on new gas confection lifted

Abdur Rahim be appointed president of FPCCI for next year


TMA HEAD OFFICE 

DATE: 2016 April 04

DAWN NEWS

SEZ status for three industrial estates

Death by overwork on the rise among Japanese workers

Ad Pakistan Polyester & Synthetic Textile Manufacturers Group 

Trade policy promises without path

Disciplining the speculative forex market

Similarities of takaful and conventional Insurance

A mixed bag

FBR’s city-wise tax collection

THE NEWS

Pak Politicians, Businessmen Own Companies Abroad

Call To Release Outstanding Refunds Of Textile Exporters

Pak-Iran Pact To Prepare FTA Ground: PIAF Chairman

New Cholesterol Methods Needed In Wake Of Failed Drugs

Wish List

All Is Not Well

B RECORDER

Proposal to set up three economic zones in Punjab approved

Government urged to lend a helping hand to textile industry

11-member Chinese team to attend Texpo Fair

Alleged corruption: Hyderabad Collector Customs booked

SCCI for setting up mini-industrial areas in Sialkot

Bill to be moved in Parliament: limit on sending foreign currency abroad on the cards

Pakistani PM among world leaders exposed in tax haven dump?

DAILY JANG

Pakistan economy will face tough challenges in future

Bangladesh reserves reach a record level of 27.28 billion dollar

To try new methods for cholesterol 

Governor state bank hold meeting with 20 presidents of bank 

DAILY EXPRESS

97 Lac 62 thousand cotton bales reached factories

Cotton rate remain constant


TMA HEAD OFFICE 

DATE: 2016 April 03

THE NEWS

Pakistan Committed To Lower Fiscal Deficit To 4.3pc In 2015/16: IMF

ICAC Sees Pakistan’s Cotton Production To Jump 35 Percent

Reshuffle In Customs

B RECORDER

Sino-Pak trade likely to increase by 24 Percent

Reasons behind decrease in effective rate of sales tax identified

DAILY JANG

Cotton price reduced by Rs 100 per mound

DAILY EXPRESS

Cotton year 2016-17

Regulatory powers of SECP increased

10 officers of grade 20 of FBR transferred

Customs detected tax evasion of Rs 34 corore

Muhmmad Shaike appointed chairman of direct taxation committee of FPCCI

Refund is the responsibility of FBR and not of TDAP


TMA HEAD OFFICE 

DATE: 2016 April 02

DAWN NEWS

Burden of protocol Passport dept sees solution in executive centres

Dollar imports through Lahore airport allowed

LCCI, Saarc Arbitration Council sign MoU

THE NEWS

FIR Registered Against Paper Mill Directors For Rs675m Tax Evasion

APBUMA Chief For Immediate Payment Of Outstanding Refunds

SBP Allows Import Of Dollar At Lahore Airport

0.4pc WHT On Banking Transactions

‘Export Refunds Not In TDAP Control’

B RECORDER

Power prices to be adjusted to protect level of revenue

SBP allows import of cash USD from Lahore

Gas tariffs to be raised from July 1

Government committed to introducing market value-based real estate tax

FBR: IMF underscores need for removing corruption, eliminating mis-governance

S M Muneer rejects Haji Ghulam Ali's Statement

Lahore RTO-II surpasses collection target

LCCI, SAARCO sign MoU

SBP taking charitable view of economy

Economy revisited

Profit rates CDNS notifies downward Revision

SECP appellate benches

Low prices, scarcity of gas: sale of petrol nears record 550,000MT in March

WHT on bank transactions Notification

DAILY JANG

Haj Policy approved by senate committee applications will be received from Monody

Decision taken to impose new restriction on Indian visitor

Statement of businessman panel regarding refund criticized 

Refund claims is not in the domain of TDAP

Efforts to increase Pakistans share in trade with China

Govt should take immediate steps for refunds claims

DAILY EXPRESS

Slight increase in petrol price

Sales tax of Rs 216.3 billion collected from petroleum products

Notification issued for extension of tax amnesty scheme up to 30th April

LCCI expressed concern on declining export

Industry rejects EOBI contribution notices


TMA HEAD OFFICE 

DATE: 2016 April 01

DAWN NEWS

Petrol, diesel prices increased

AD Pakistan First textile Exhibition

EU envoy for implementation of human rights Conventions

Amnesty scheme deadline extended

AD 4th China South Asia Exposition

‘Piety for profit’

Helpless bankers

Misperceptions about public debt

Growth rate to go up, inflation poses no risk: SBP

‘We cannot afford another cotton crop failure’

FBR collected Rs287bn in March

Dar, Pasha discuss Punjab budget surplus

Appointment of permanent textile minister Sought

Reserves fall to $20.42bn

THE NEWS

Petrol, Diesel Prices Increased

Economy Picking Up; Inflation Behaving Despite Challenges

Pakistan’s Total Debt Mounts To Rs18.9trn

FBR Advised To Shed Reliance On Withholding Tax

Forex Reserves Slightly Fall

Private Sector Calls For Partnership With China In Logistics

Cotton Task Force Elects Chairman

Work Is There, Jobs Are Changing!

B RECORDER

Only petrol, diesel prices increased

Voluntary Tax Compliance Scheme: deadline for traders extended till April 30

FPCCI asks government to take steps towards boosting remittances

PTEA seeks immediate payment of Refunds

CPEC projects: LCCI urges government to facilitate local manufacturers

Sales tax on motor spirit reduced

TDAP blamed for soaring export refunds

FBR revises organisational structure of IT Wing

Pakistan's foreign exchange reserves Decline

Security concerns: traders for bringing police stations under Rangers' control

Nobody wants to be audited, Senate body Told

Nine months: FBR almost meets Rs 2.1 trillion target

LSM growth improved to 3.9 percent in H1

TEXWORLD PARIS-FRANCE SEPTEMBER

DAILY JANG

Meeting of senate standing committee on textile industry held

FBR also started efforts to enhance exports

US dollar , Euro, UK Pound appreciated

Forex Reserves Slightly Fall

Muhammd Salim Shaikh appointed Chairman of FPCCI standing committee of taxation 2016

DAILY EXPRESS

Petrol, Diesel Prices Increased

Pakistans economic condition improved

Sales tax on Pol products decreased by 5.64% per liter

Improvement expected in trade with India

Forex Reserves Slightly Fall

FBR decided to merge SROs of similar nature

Senate committee meeting held issued of textile industry discussed