News Clipping - Archives March 2016


TMA HEAD OFFICE 

DATE: 2016 March 31

DAWN NEWS

Ogra recommends increase in prices of petroleum products

Minority president

Pakistan economy will continue to pick up: ADB

Exports to EU fell 12pc in Jan-Nov

UAE imposes airport tax on passengers

TEXPO 2016 soft lunch 

THE NEWS

Indian Engineers’ Visit To Pak Sugar Mills A Routine Matter

Ogra Proposes Rs3 Increase In Petrol Prices

Public Holiday On April 4

B RECORDER

Dubai announces first airport tax on Passengers

Ogra recommends increase in POL products' prices

TEXPO 2016: TI Pakistan identifies 'flaws' in bidding

Kati chief underscores need for devaluing Currency

New industrialisation policy: KP government urged to grant same facilities to existing industries

Budget proposals: Computer industry strongly reacts to FBR's response

Budget fiscal year 2017: UBG demands fast track industrialization

APTMA clarification

Standardisation of Cheque Layout: SBP issues more Guidelines

Indian central bank tweaks upcoming lending rate rules

Cotton market: Volume of business improves on persistent demand

DAILY JANG

OGRA recommends enhancement of POL products by Rs 4.92 Pisa

SECP issued interactions to update on life insurance of policy holders

Exports target cannot be meet without resolving industrial issues

NAKTAI asked to prepare plan for making model industrial zone 

1st 3 days Faisalabad fashion and textile expo will begin from tomorrow

6795 new lucky filed tax return 

DAILY EXPRESS

Petrol Rs 3.07 diesel Rs 1.15 likely to be increased

TEXPO 2016: TI Pakistan identifies 'flaws' in bidding

Rs 2.36 billion lying unclaimed with banks

Seminar held to increase job opportunities 


TMA HEAD OFFICE 

DATE: 2016 March 30

DAWN NEWS

Power consumers get record Rs4.36 per unit Refund

Textile expo to go ahead: Dastgir

KE will carry out loadshedding this year also, SHC told

THE NEWS

Nepra Resents Power Production At Higher Cost

SBP To Transfer Unclaimed Deposits of 0.3mln Accounts To Government

Customs Seeks Fabric Import Data From Shipping Lines

Aptma demands 15pc regulatory duty on man-made fibres

Units exporting up to $5mln eligible for LTTF: SBP By our correspondent

Texpo Pakistan to be held on schedule: minister

FBR to remain open on March 30, 31

B RECORDER

Rs 4.36 refund approved by Nepra

Budget-making process begins

Proposed Article 26: Swiss tax authorities bound to exchange information

Pak-Brunei economic potential to be reassessed: HC

Valuation of power house: SECP drops proceedings against CA firm of textile mill

Government urged to provide residence cards to Chinese investors

Texpo-2016 to effectively showcase 'resilient Pakistan': Dastgir

Transfer of powers after 18th Amendment: Senate body takes notice of issues raised by provinces

Access to information: circulation of interim accounts to facilitate shareholders: SECP

JC Penney results bright spot amid retail Gloom

DAILY JANG

Exports to be boost by TEXPO 2016

FBR filed formation to remain open to facilitate tax payers

GIDC raises cost of doing business

New trade policy against ground realities

DAILY EXPRESS

Govt sent new record by suspending mobile service for 3day

Electric tariff decreased by Rs 4.36 per unit

Terrorist will be stopped for economic development

600 representatives of 51 countries confirmed Participation in TEXPO 2016

Cemement manufacturer’s demands abolition of GIDC

Tax offices will remain open till late night


TMA HEAD OFFICE 

DATE: 2016 March 29

DAWN NEWS

CNG: fleecing public

Tax amnesty scheme

Tariff for Discos being reduced by Rs3.65 per Unit

Foreign investors to be offered more incentives in budget

Prgmea inks MoU with Chinese body

FBR offices to work for extended hours

UAE banks agree ‘mini insolvency law’ to help struggling SMEs

THE NEWS

‘Tax concessions of Rs120bn to be withdrawn in budget 2016/17’

FBR Mulls Appeal Against SHC’s Stay On Super Tax

FPCCI Condemns Lahore Blast

Prgmea, China Chamber Sign MoU To Enhance Economic Ties

Aptma Praises Romania For Supporting GSP+ Status

B RECORDER

PRGMEA, CCCT ink MoU to expand apparel trade

Hollow trade policy

Amnesty scheme: extension warrants Guarantees

Over 1 million attend 'My Karachi' exhibition: KCCI chief

All sections to be taken onboard: severe heatwave may hit Karachi in May, June

Sec 489-F of PPC: Amendment to law on dud cheques proposed

Tax collection: FBR field offices to observe extended working hours

Romanian ambassador meets APTMA

Haroon praises OICCI's budget proposals

Dar's optimism

The foreign trade dilemma

NA body supports proposal on how to prevent tax evasion

Life insurance, family Takaful illustrations: insurance companies told to comply with new requirements

DAILY JANG

Romanian ambassador visits APTMA 

DAILY EXPRESS

Likely changing in petroleum prices limits supply petroleum crises expected 

Decision on outsource monitoring an industries production

Rental business valued at 133 billion dollars

Decision taken to reduce transportation charges for promoting exports 


TMA HEAD OFFICE 

DATE: 2016 March 28

DAWN NEWS

$500m payment to Eurobond investors Authorized

AD of Pakistan Textile exporters association

Punjab’s surging retail business

Lacklustre trade policy

THE NEWS

B RECORDER

Short-term exports enhancement strategy: success linked to relations with Iran & Afghanistan

MCCI chief for reducing export-import Gap

Mulling over new taxes

Reset Pak-Iran ties

CA deficit

Audit Selection, Conduct Rules, 2016: FBR to specify procedure

DAILY JANG

DAILY EXPRESS

My Karachi Exhibition ends

Punjab” Tax Day” will be celebrated on 10th April

Pakistan is far behind in completion of clothing in the international level

Yarn exports improved

Pakistani traders should capitalize lifting ban of on Iran


TMA HEAD OFFICE 

DATE: 2016 March 27

DAWN NEWS

Iran offers to meet Pakistan’s energy needs

Need to evolve corporate culture to attract Investors

Pakistan, Iran to finalise FTA by end-2017

Pakistani economy gaining strength: IMF

THE NEWS

US Orders Pak Bank To Do More To Stop Money Laundering

Cement Makers Demand Removal Of GIDC

FPCCI Calls For Exploring Trade Potential Between Pakistan, Romania

Dar Asks SECP To Finalise Draft Within Two Months

Withholding Tax Rate May Squeeze Banking Deposit Base

Sales Tax Zero Rating

Lasbela Chamber Terms Trade Policy Encouraging

B RECORDER

Prime Minister calls for increasing trade to $5 billion

Zero-rated facility should be provided to exporters: PBIF

MCCI for enhancing bilateral trade with Iran

New Trade Policy ignored textile sector: PYMA

Faisalabad importers, exporters urged to make full use of FDP

Suraj Vaidya takes over as President SAARC CCI

Rouhani's visit will usher in new era of cordial ties: FPCCI

Where are the entrepreneurs?

DAILY JANG

0.48% inflation increased

Trade with Iran through Euro instated of dollar decision taken by State Bank

4 day left in filing of return voluntary tax compliance

FBR collected record tax of Rs 202 billion 47 crore in 25 days of March

Pakistani exporters facing difficulty in trade with Iran

Romania is ready to work in all sectors with Pakistan

My Karachi exhibition thousands of important personalities visited My Karachi Exhibition  

DAILY EXPRESS

My Karachi exhibition


TMA HEAD OFFICE 

DATE: 2016 March 26

DAWN NEWS

New York Fed wants strict eyes on NBP

K-Electric fined Rs10m for failing to handle heatwave crisis

THE NEWS

Bank Charges

Nepra Imposes Rs10mln Penalty On K-Electric

FBR Empowers IR To Check Suspected Bank Accounts

Export target linked to refunds

B RECORDER

Six agreements, MoUs signed

Nepra imposes Rs 10 million fine on KE

$502 million tranche approved by IMF

LTU-II Karachi DGI&I IR empowered to deal with around 500 cases

Trade policy has no clear roadmap, says PBIF chief

STPF 2015-18: traders term $35 billion target unrealistic

5,754 traders whiten Rs 55 billion capital: National Assembly told

CEO TDAP links export target to release of refunds

FBR Member Legal to regulate adjudication system

Provincial budget 2016-17: Minister invites businesspeople to talks over proposals

Trade Policy 2015-18

PAKPLAS begins Over 150 exhibitors to showcase products

DAILY JANG

Break down during heat stroke K-Electric penalize Rs 10 million

Price of electric tariff likely to be reduced by Rs 3.63

DY commissioner FBRIR Rasshed Ahmed Dismissed

Excellent inauguration of 3 days My Karachi exhibition

Textile mega exhibition will give boost to develop industrial sector     

FBR will meet Rs 3105 billion annual target

To sit continuously 3 hours is dangerous for human life

New commissioners IR assumed responsibilities in Lahore and Karachi 

DAILY EXPRESS

Poland demands data of Pakistani company to avoid double taxation

My Karachi exhibition under the umbrella of Karachi Chamber

Pakistani exporters likely to get 10 crore dollars blocked in Russia


TMA HEAD OFFICE 

DATE: 2016 March 25

DAWN NEWS

Cut a few days off Eid for our sake, say minority lawmakers

Trade policy

Holi holiday

Textile exports down 9pc in July-Feb

‘Pakistan must capitalise on Iran opportunity’

Economy steadily improving, says IMF

Banks advised to clear export proceeds within three days

Action being taken against irregularities in external trade: SBP

NA body chides govt for tax amnesty fiasco

Reserves fall to $20.52bn

THE NEWS

Trade Policy

Pakistan Not Going Bankrupt, Says IMF Representative

SBP Unearths Anomalies In Dollars Payment To Importers

Businesses Oppose Free Trade Agreement With Iran

Guidelines For Export Proceeds

‘Iran President’s Visit A Great Opportunity’

Forex Reserves Slip To $20.52bln

Massive Reforms Must To Improve Tax Collection

Textile Fair On April 7

FBR Withdraws Zero Rating

My Karachi Exhibition Starts Today

B RECORDER

Dar forms body to redraft exemptions

Only 10,000 have filed tax returns under VTCS: FBR

Business community pinning high hopes on Rouhani's visit: FPCCI

Undue harassment by NAB: Amendments to tax laws to protect taxmen

'My Karachi, Oasis of Harmony': KCCI's 13th International exhibition begins today

Proposal endorsed: ADRC decisions should be binding on FBR and taxpayers: TRC

Move away from presumptive tax regime

''Import-export'' proceeds: transfer of millions of dollars abroad detected by SBP

July-March 24, 2016: provisional tax collection stands at Rs 1.954 trillion

US Fed orders NBP to do more to stop money laundering

DAILY JANG

Pakistan 1st Textile Exhibition TEXPO 2016

5700 non-filers filed return till 24th March

Money laundering through imposts exports will not be tolerated at any cost

New era of trade will star from visit of Iranian president

My Karachi exhibition will be held at EXPO center between 25th March to 27th March

Countrys tax system become outdated reforms needed

Reserves fall to $20.52bn

TDAP will hold textile sector TEXPO from 7th April for 3day 

DAILY EXPRESS

Tax will be levied on real estate investment

Business council cautioned govt to take care while signing agreement with Iran 

Forex reserves reduced within one week to 19 crore 69 lac dollar

Rate of economic development will reach to 5% during current year 

Hassan Rohanis visit to Pakistan

SBP issued new instructions to forex dealers rearing export proceeds


TMA HEAD OFFICE 

DATE: 2016 March 24

DAWN NEWS

Gas Bill sent to president for assent

Taxing high-tech

Mediation vs litigation

Sindh to earmark Rs2.7bn for industry

Govt plans to expand trade diplomacy

THE NEWS

LTU Karachi Yet To Settle Rs1bln Refund Claims

Pakistan Can Take Benefit Of Iranian Market’

B RECORDER

Cross-adjustment of sales tax: PRA approaches Dar

LCCI President for reducing imports of luxury items

Gas (Theft Recovery and Control) Bill, 2016: President advised to accord assent

DG Customs Valuation rejects importer's Plea

FPCCI lauds trade policy

Business community hails STPF 2015-18

DAILY JANG

Gas Bill sent to president for assent

Hike in property prices after rangers operation

Export target of 35 billion is only achievable if refund of Rs 20 billion is released

Trade policy Is encouraging

PAK-China corridor is best plan

Textile exports decreased by 9.17% during 7 months

Large scale industries production increased by 12.4%

New Dimension of trade policy

DAILY EXPRESS

New trade policy criticized

Pak France trade increased by 13% in a year

Businessman panel also declared TDAP burden on economy

President of FPCCI declared new trade policy encouraging

Govt got only Rs 45 crore from tax scheme


TMA HEAD OFFICE 

DATE: 2016 March 23

DAWN NEWS

Trade policy unveiled

Pak-India travel regime

Trade policy sets export target at $35bn

Agreement signed with Turkey to initiate talks on FTA

Bangladesh weighs lawsuit against NY Fed

OICCI claims members invest $1bn annually

THE NEWS

Exports Target Set At $35 Billion

Textile Exports Fall 9pc In July-Feb; Cost, Weak Demand Bite

FBR Allows Sales Tax Registration In Person

Unisame On Trade Policy

‘Remove Linter Before Sowing Cotton To Get Better Results’

Lack Of Transparency, Inconsistent Policies Hinder FDI Growth

B RECORDER

Government seeks to achieve $35 billion export target: three-year trade policy framework unveiled

Textile exports decline 8.76 percent in eight months

Trade policy frame-work received mixed reaction from business community

Registration procedure: FBR amends ST Rules 2006

APTMA for addressing issues of textile Industry

OICCI concerned over falling FDI

Non-payment of refunds hits economy: PBIF chief

Gulzar reappointed

Our commercial men and women abroad

DAILY JANG

5646 traders documented capital worth Rs 55 billion 10 crore under VTCS

Continuous water shortage become problem for agriculture and industries

Officers relieved on not following customs notification

KCCI fixed 31st March for renewal membership

Muslims spent in one year Rs 255 trillion 53 billion on clothing 

DAILY EXPRESS

Birth certificate PRC Domicile to be computriezed

3 years trasde policy announced

Pakiston iran agreed on dialogue for free trade

Tax collection increased by Rs 1939 billion while refund decreased by 23%

Inspite of postive indicators big ineveremnt not receiived

Production of large scale incrased by 4.12% during July January


TMA HEAD OFFICE 

DATE: 2016 March 22

DAWN NEWS

16m Pakistanis do not have access to clean water: report

Of a taxi driver

Current account deficit at $1.86bn in July-Feb

Applications are invited for 4th FPCCI achievement awards for 2015

THE NEWS

‘Reorganisation In Customs Must To Improve Tax Automation’

Benami Transactions Bill Suggests Rigorous Punishment For Culprits

Social Justice Can Lead To Trade Riches

B RECORDER

Inaugural function of DICE Textile innovation event at NTU

Pak-China Business Forum: Over $50 million MoUs signed with Chinese companies

Extension in VTCS deadline: PTAA approaches FBR

Number of mobile phone users reach 129.85 million by February-end

HC calls for Pakistan-Kenya trade volume between $1 billion and $2 billion

Joint sitting passes gas-theft control, recovery bill

Sindh Factories Law adopted: Sindh Assembly restores pre-2002 status of defunct KDA

DAILY JANG

Refund be released to business community

Pakistans present trade volume restricted to traditional items

DAILY EXPRESS

TDAP scandal

Govt will announce today trade policy 2015-18

Current account surplus in February to 15.7 crore dollar

Kenyan high commissioner hope full to increase trade up to 2 billion dollars


TMA HEAD OFFICE 

DATE: 2016 March 21

DAWN NEWS

Petroleum dealers oppose cut in CNG prices

Renewal of business confidence

Priorities for next federal budget

Cotton pulls the rug from under ginning Factories

Automation of revenue record

THE NEWS

PM Okays STPF To Achieve $35 Billion Export Target

Update Tax Lists

‘No Hope For Labour Rights Till Baldia Perpetrators Are Punished’

B RECORDER

July-March collection: steps help FBR achieve 33.2 percent growth

FBR urged to bring down sales tax rate to single digit

KE urged to charge consumers according to meter-reading

Punjab-based textile mills: APTMA chairman hails provision of RLNG

Oil prices may soar by Rs 3.50/litre

DAILY JANG

POL products prices likely to be increased by RS 3.50 per unit

Foreign direct investment increased in Pakistan

Victims of Baldia Factory still waiting for justice

Pm approved 3 years strategic trade policy frame work

DAILY EXPRESS

Price of petrol likely to be increased by Rs 2.10 per liter next month

Forged bill of lading case master mind not nominated in case

LNG import supply of gas to textile industry increase chances of investment

Visitors took special interest in stalls of Pak-China business forum

Federal tax ombudsman ordered to immediately release tax refund


TMA HEAD OFFICE 

DATE: 2016 March 20

DAWN NEWS

Three-year trade policy approved

Sindh mulls introducing new taxes

TDAP refutes Mandviwalla’s remarks

THE NEWS

CPEC May Help China Play Role Of Large Economy In Region

Bangladesh Seeks FBI’s Help In Investigating Central Bank Heist

B RECORDER

Trade policy framework approved by Prime Minister

Claimant: FTO asks FBR to issue tax refund, compensation

New gas connections: Ministry urged to expedite process

PM requested to appoint new Chairperson of ATIRP

DAILY JANG

FBR will issue notices to thousands of defaulters landlords under section III

SECP is structuring law in the light of modern system

TDAP always supportive in resolving exporters issues

DAILY EXPRESS

Naqi Bari appointed chairman of FPCCI standing committee on textile apparel

PM requested to appoint new Chairperson of ATIRP


TMA HEAD OFFICE 

DATE: 2016 March 19

DAWN NEWS

All higher-grade Customs officers honest, claims ministry

FBI probes Bangladesh bank account cyber Theft

Cotton production continues slide

THE NEWS

Public Debt Management

Cotton Output Plunges 34pc By March 15

Pakistan, Turkey To Sign FTA Next Week

Renewable Energy Growth Linked With Net Metering Law

Bank Loans To Help Boost Textile Value-addition

Exports Fall Due To Low Prices

‘Italian Firms Eyeing Investment In Pakistan

FPCCI Appreciates Links With Central Asian States

B RECORDER

Trade, investment: Iran ready to sign five year plan

Information of accounts, tax recovery amount: FBR asked to avoid approaching SBP

TDAP urged to chalk out plan to boost Exports

Sindh government urged to play role towards attracting foreign investment

NAB Karachi sets up office for public Complaints

Import of textile machinery up 5.48 Percent

Bill against benami transactions introduced to National Assembly

Gas Supply closure every Sunday industrial and captive power 

DAILY JANG

Bill against benami transactions introduced to National Assembly

Under VTCS 5485 persons documented capital worth Rs 53 billion

Wrong use of Pak China free trade agreement evasion of custom duty worth crore of rupees

Govt should restore old links of trade with central Asian countries

DAILY EXPRESS

NAB has established complaint desk in Karachi

Cotton season ends in Sindh

Ginners formed task force for betterment of cotton sector

Free trade agreement with Turkey will be signed on 22nd March 2016


TMA HEAD OFFICE 

DATE: 2016 March 18

DAWN NEWS

Green shoots of a turnaround?

Pak-Turkmen forum discusses ways to boost Trade

Senate body flays FBR for failure to bring traders under tax net

Reserves rise to $20.72bn

NA okays bills to protect small depositors, defaulting firms

THE NEWS

Greater Focus On Fashion Designing To Increase Country’s Exports: Mamnoon

‘Difficult To Run Family Expenditure In Rs70,000’

Practitioners Demand Sales Tax Cut,levy On Luxurious Imports

Forex Reserves Rise To $20.718bln

Foreign Investors Keen To Invest In Pakistan

FIA Shuts Down Companies Giving Out ‘fake ISO Certificates’

B RECORDER

NA passes Financial Institutions (Amend) Bill, 2015

RTO Lahore recovers Rs 897 million sales tax in February

Fresh industrial gas connections: Ministry likely to entertain applications

Government to develop mechanism for automatic ST collection: minister

NTU to hold 'All Pakistan Dice-Textile Event' on March 21

TDAP strongly reacts to Mandviwalla's Remarks

PBIF chief urges govt to take notice of falling exports

Rehan Jafri elected KTBA President

Budget proposals: KTBA for bringing down GST rate to single digit

Loan write-offs and tax losses

Response to VTCS not encouraging: NA panel told

External debt stands at $53.4 billion, NA Told

DAILY JANG

Banks deduct withholding tax without intimation

Several senior FBR officers assumed charge

Access to Iranian Market to be achieved without delay

Pakistan business council forum will be held tomorrow

TDAP become corruption free and friendly organization

Pakistan is good market FBR British companies

Forex Reserves Rise To $20.718bln

DAILY EXPRESS

Salary is low survival become impossible banks don’t give loan and credit cards

Tukimistan invited to join economic corridor

Forex Reserves Rise To $20.718bln

Kenya invited in Pakistan international trade fair

Senator Manviwala depicted picture of previous regime


TMA HEAD OFFICE 

DATE: 2016 March 17

DAWN NEWS

Tax amnesty fails

490 firms enrolled in Feb

Indian cuts cotton output estimate to 34.5m Bales

SROs to be phased out next year: Dar

Pakistan, Iran discuss trade issues

‘TDAP should be done away with’

THE NEWS

FBR Seeks Help From Army To Stop Smuggling

Siraj Asks Govt To Clear Arrears Of Old Age Industrial Workers

PHC Extends Stay Order Against GIDC

Biometric Database Raises Privacy Fears

FBR Weighs Withdrawal Of Tax Exemptions

Industrial Revival Proof Of Economic Prudence

Govt To Collect Rs22bln Under VTCS

Early Release Of Refund Claims Urged

B RECORDER

Gas shortages: Pakistan banks on TAPI: Prime Minister

Rouhani''s upcoming visit: government seeks to persuade Iran to enter into FTA

$6.64 billion extended arrangement: IMF board to consider 10th review on March 25

PSX proposes amendment to income tax Law

Privatising FBR

'Liquidity crunch hurting textile exports'

SECP registers 490 companies in February

FY17 Budget: PSX suggests reduced rate of tax for listed companies

India's billion-member biometric database raises privacy fears

Call for holding Pakistani products' exhibition abroad

Mandviwalla underscores need for disbanding TDAP for poor performance

Budget 2016-17: government may withdraw around Rs 130 billion worth of SROs

Businessman, his foreign guest robbed

DAILY JANG

Benefit from GSP+ could not be availed fully as it was expected

SECP registered 490 companies in FEB

Guadar port is attractive for industrial investors

Noor Ahmed Khan appointed as chairman of FPCCI standing committee for Industry

Elimination of concessionary SROs will be completed in next FY

Special assistant to PM will give presentation on expansion of tax net 

DAILY EXPRESS

Rs 130 billion new taxes will be imposed before next budget

Implementation of minimum wage law be assured

Economy strengthened

Stake holders meeting regarding Iran-Pak trade

490 companies registered with SECP during last month

Senator Salim Mandiviwla severely critized TDAP

Big tax evasion detected in Iran-Pak trade

Pakistan should not consider GSP+ a blank cheque 


TMA HEAD OFFICE 

DATE: 2016 March 16

DAWN NEWS

CNG price cut by Rs5.30 in Punjab

SBP questions

BD central bank governor quits over $81m Heist

Cotton associations unite to give production a Boost

Deadline extended for tax amnesty scheme till March 31

Pakistan receives $751 million foreign direct Investment

‘CEO fraud’ and Bangladesh Bank

THE NEWS

Govt Extends Date For Availing VTCS For Traders Till March 31

FDI Inches Up 4.8 Percent In July- February

BD Central Bank Governor Resigns

‘Setting Up Sugar Mills In Cotton Belt Can Spell Doom’

B RECORDER

WHT on bank transactions: Dar extends deadline to March 31

Voluntary Tax Compliance Scheme: FBR succeeds to document Rs52bn untaxed working capital

Meeting on concessionary regime today

Punjab government to mark 'Tax Day' on April 10

Bangladesh central bank governor resigns over cyber heist

PBIF chief for establishment of new tax revenue authority

Government urged to announce trade policy without delay

The potential for investment growth

Is there an export policy for regional markets?

Retail price of CNG slashed by Rs 5.30 in Punjab

FDI up five percent in eight months

DAILY JANG

Textile Asia exhibition will give boost economic development and stability

China will become biggest investor in Pakistan

Deadline extended for tax amnesty scheme till March 31

During 1st 15 day of March this year FBR has collected 80% more tax 

DAILY EXPRESS

Deadline extended for tax amnesty scheme till March 31

Foreign investment during July-February dropped by 52.5%

Instruction to directorate general organization to make transparent

System of speedy refund of tax closed disclosed

Textile Exhibition will give good image abroad 


TMA HEAD OFFICE 

DATE: 2016 March 15

DAWN NEWS

Wathra whips up economic optimism

Only 2,497 file tax returns; amnesty scheme generates Rs240m

Slow progress on restoring banking channels with Iran

Pakistan achieves targets for economic stability: IPR

Cotton price falls

Single-country exhibition in Nepal this year

THE NEWS

Govt To Decide Fate Of Tax-amnesty Scheme Today

SBP Governor Says ‘no Risk In Sight’

Gadoon Textile Mills Surviving Against Odds

SBP Convenes Meeting On Trade With Iran

Govt Urged To Consult Traders On Benami Accounts Law

Early Release Of Refund Claims Urged

B RECORDER

Corporate sector possesses over Rs 3.7 trillion investment potential: SBP

Iran banking channels: banks asked to get systems and policies updated

Under-declarations of property: FBR to establish liaison with E&T departments to remove anomaly

Pakistan's economy: IPR launches report on six-month review

APBF concerned over declining exports

Government should take businessmen into confidence on policymaking: APBF

Anjuman-e-Tajiran concerned over Benami Account Bill

Refund claims: LCCI urges FBR to take steps for early release

The unconventional methods

VTCS: FBR likely to extend date till March 31

KCA to hold cotton moot

DAILY JANG

Mobile Phones Biometric certification and registration decision taken

Tax defaulters likely to be brought into law

Traders made investment documented by paying Rs 38 crore as tax

It is the proper time to investment in new projects

SBP holds special meeting on resumption of Pak-Iran Banking

Exports declining due to non-payment of refund claims

President of FPCCI called on former Nepalese PM

New revenue authority be established for small traders 

DAILY EXPRESS

Averagely electric tariff increased by Rs 7.15 per unit since 2007

There is no danger to economic development local investment be increased

Foreign debts becoming serious problem

President of FPCCI called on former Nepalese  PM


TMA HEAD OFFICE 

DATE: 2016 March 14

DAWN NEWS

Property Tax

Indian delegation emphasises trade Liberalization

Weavers, factory owners reach agreement

The SBP should not hold back

Unfair fuel price adjustment

Nepal mulling duty-free access to China for 400 products

Sindh’s regressive tax policy

THE NEWS

Pakistan Most Dangerous Place For Brits: Report

The Paradox Of Work

SECP Chief Briefs Dar On Draft Companies Bill 2016

Pakistan’s FDI: Fuelled By China

B RECORDER

Unconventional monetary policies get IMF Support

Seventh Schedule of IT Ordinance: TRC proposes new provision

KP to provide cheap electricity to industrial estates

Dar reviews progress on draft Companies Bill 2016

Food output must rise

Car sales jumped by 38 percent in eight Months

DAILY JANG

Finance minister will present prohibition of BENAMI transaction bill 2016 the national assembly

Unconventional monetary policies get IMF Support

DAILY EXPRESS

Water policy decision taken to fix uniform rate of tariff for all consumers

Cotton prices around the world including Pakistan increased

Business community again united on tax reforms


TMA HEAD OFFICE 

DATE: 2016 March 13

DAWN NEWS

Bank profitability

How a simple spelling mistake helped stop a $1bn digital bank heist

India’s RBI chief wants global rules of conduct for central banks

Bonds scheme for exporters in next budget

THE NEWS

Court Stays Behind 27pc Cut In Tax Collection: PM’s Special Assistant

Tax Culture

‘Tax Immunity On Foreign Remittances Misused’

India Won’t Join FX Devaluation Race: Modi

Practitioners Dub Tax Compliance Scheme Failure

A trade not so friendly

VTCS Termed Opportunity To Come Into Tax Net

‘Manufacturing Activities In Industrial Estates Rising’

B RECORDER

Imposition of sales tax by FBR: Supreme Court allows Punjab government''s plea

Business plans agreed with IMF: BoI working on plan to meet objectives

LCCI seminar: speakers term VTCS 'business-friendly initiative'

PTAA for extending tax return deadline

India regulator gets tough on 'wilful defaulters'

China's labour law under fire as restructuring threatens jobs

Captured

'Belarus businessmen keen to promote trade ties'

Fake refunds: FIA holds FBR responsible for delay in probe against RTO 

DAILY JANG

Tax collection reduced by 27% in 6 months during current finical year

Traders hailed announcement of tax refund

DAILY EXPRESS

Instruction to get format of data ware house

Ishaq Dars announcement industrialists waiting for resolution of tax refund issue

3200 traders availed benefit of tax scheme

LCCI holds seminar on voluntarily tax payment

Rebate worth Rs 8 billion 24 crore given on exports

Refund Rs 50 lac will be released by 31st March FBR

Govt is determined to clear customs from corruption


TMA HEAD OFFICE 

DATE: 2016 March 12

DAWN NEWS

Pakistan trade caravan

Pricing CNG

Tax amnesty

Merchandise exports dip 13pc

Palestine trade expo in June

India, Gulf countries in talks on oil-for-food Scheme

THE NEWS

Taxing Traders: Right Goal, Wrong Strategy

Pakistan To Join Upper Middle Income Countries By 2030: Sartaj

RLNG Enables 80pc Textile Sector To Run Round The Clock

Malware Suspected In Bangladesh Bank Heist: Officials

Export Rebate Payment Surges By 3.93 Percent

FBR Assures Refund Claims Payment By March 31

B RECORDER

Inflation, other indicators: PBS asked to give presentation to ECC

July-February exports down 13.26 percent YoY

Traders urged to prepare budget proposals

Industry sector: SNGPL to supply gas 'four days a week' from next month: MD

SBI joins hands with SBC to attract investment to Sindh

FPCCI bodies' chairmen

Unrecorded, untaxed economy: FBR, TRC working towards formation of body to execute action plan

DAILY JANG

Refund up to Rs 50 lac will be refunded to exports up to 31st March

Incompetency of administration pressure of industrialists compelling people to drink polluted water

BCC delegation visited KCCI and meet industrialists

DAILY EXPRESS

4 lac 42 thousand defaulter cases sent to NAB

Pakistan exports July to February restricted to 13.87 billion dollar

Agreement between Sindh investment board and swiss business council

Action plan to be introduced for undocumented economy

Belarus’s trade delegation visits KCCI


TMA HEAD OFFICE 

DATE: 2016 March 11

DAWN NEWS

Taxing CPEC

Remittances rise 6pc to $12.7bn

Car sales in high gear

Textile Asia 2016 exhibition inaugurated

Exporters seek rupee devaluation

Reserves rise to $20.52bn

THE NEWS

India Reins In Real Estate Business To Protect Home Buyers

DG Rangers Appreciates Business Community For Conducting Business In Challenging Law, Order Situation

Indian Drinks Mogul Vijay Mallya Flees Country Owing $1 Bn

Karachi Ranks Among 10 Cheapest Cities In The World

Car Sales Up 37.7 Percent In 8 Months Of FY16

Forex Reserves Up By $170mln

Civic 2016 To Make An Appearance In December

Laws Soon To Increase Cotton Output: Minister

FBR Withdraws Zero-rated Facility

B RECORDER

Monitoring implementation of GIDC Bill: Senate adopts special committee's Recommendations

Textile Ministry's presentation to Finance reveals Country's spinning mills blighted by impaired capacity

Trade policy: value-added textile sector to get top priority: Dastgir

Pak-Belarus JBC meets: bilateral trade volume stands at $60 million: FPCCI chief

Sarajevo business forum-2016: Pakistani traders invited to unexplored market of Bosnia and Herzegovina

Extortionists, criminal elements: DG Rangers asks industrialists to provide Information

Meeting revenue collection targets: tax lawyers for inclusion of all stakeholders in policymaking process

Reserves reach $20.522 billion mark 

DAILY JANG

Proposal to block passport a CNIC of non-filers

Ghost employees of SITE ltd be removed

Trade restriction with Pakistan and Breslau’s due to limited items FPCCI  

Export of readymade garments increased in international market

DAILY EXPRESS

TDAP scandal

K-Electric applied for enhancement of electric tariff by Rs 1.43 per unit

White color crime in MCB

Breslau’s delegates participated in business council meeting

Forex reserves reached to 20.522 billion dollars

Technical up gradation fund   to be given to textile industries

Iranian president visits will promote free trade banking


TMA HEAD OFFICE 

DATE: 2016 March 10

DAWN NEWS

Dealers demand cut in CNG price

Rs4.4bn PM skill development programme seeks proposals

Belarus, Pakistan for improved bilateral trade

Three LTUs collected 75pc sales tax in FY15

THE NEWS

PM’s Discretionary Fund, SROs To Be Abolished In Next Budget: Dar

Only 14,721 Of Over 650,000 Doctors File Returns

Senate Defers Report On GIDC Bill As Minister Refuses To Give Assurance

Traders Stage Demo, Sit-in At Dar’s Arrival

Govt To Increase Fuel Storage Capacity Up To 45 Days

FBR Brackets High Net-worth Individuals Evading Taxes

Govt Allocates Rs4.4bln For Skill Development

Pakistan-Belarus JBC Today

B RECORDER

Report on GIDC bill deferred

Verification of deductions, deposits: FBR initiates stock inventory of withholding agents

Top three textile groups make investment in denim units

Pakistan-Belarus JMC meeting vows to enhance trade to $1 billion

Meeting on value-added textile industry Today

Pak-China Business Forum begins from March 19

UAE banks devise plan to help struggling SMEs

Formation of agriculture desk at FPCCI Demanded

'Port' or 'customs station'

National Assembly panel approves ''Special Economic Zones (Amend) Bill, 2015''

DAILY JANG

PM’s Discretionary Fund, SROs To Be Abolished In Next Budget: Dar

High octane become shouts due to reduction of Pol products

PRGMEA and e-commerce 15th textile exhibition inaugurated

FBR extends for submitting income tax budget proposal up to 18th March

High power delegation from Breslau’s lead by industries minster will reach Karachi today

Rs 4.5 billion earmarked for skill development program

7 senior officers of FBR assumed charge

DAILY EXPRESS

Pakistan Breslau’s agreed on strategic partnership

No further extension will be allowed for filing tax returns FBR

TEXPO 2016 textile sector expected to get big export orders

CNG association deadens cut in gas prices   

Private firm claim ownership of FBR online system

Rs 4.5 billion earmarked for skill development tracing

GIDC be abolished on complete textile value chain


TMA HEAD OFFICE 

DATE: 2016 March 09

DAWN NEWS

CNG dealers feel the heat of cheaper petrol

Bangladesh ‘to sue US reserve bank’

FBR extends last date for budget proposals

Incentives in trade policy for value addition

THE NEWS

Government All Set To Boost Exports: Minister

‘Economy To Take Off In 2016’

KCCI Proposes Sindh Govt To Levy Tax On Agriculture Sector

China February Exports Post Worst Fall Since May 2009

Last Date To Exchange Old Banknotes

Happy Workforce Labours For Higher Productivity

B RECORDER

'Per capita water availability decreases in 2016'

Ogra's restructuring under consideration

Budget 2016-17: Sindh government to take proposals into consideration, KCCI told

China February exports post worst fall since May 2009

Sri Lanka raises taxes as debt crisis bites

K-Electric submits budget proposals to FBR

Who wants good governance, anyway

India's budget 2016-17

Export boost: National Assembly body asks missions abroad to play proactive role

Bangladesh 'to sue US reserve bank' over missing $100 million

DAILY JANG

Ministry of finance expressed satisfaction on prices of daily use articles and on forex reserves

Chief Minister assured Karachi chamber for inclusion of proposals Sindh budget

Status of legal tender of old design notes will end from 1st December

UBG delegation will meet chairman FBR today

Economic in discards

Construction projects going on in Dubai in spite of recession   

DAILY EXPRESS

Tax reform commission pointed out 21 big flaws in tax system

FBR extended last date up to 18th March for submission of budget proposals

UBG delegation will call on chairman FBR

Executive committee meeting of SAARC chamber will be held in Nepal during current month

Financial crisis in Sri Lanka tax rates enhanced   


TMA HEAD OFFICE 

DATE: 2016 March 08

DAWN NEWS

Banks’ profitability

Govt defers auto policy

Fuel sales surge to 14.8 million tonnes

38 show-cause notices issued by SECP

Banks need to restore SWIFT codes with Iran: Wathra

Dastgir urges India to remove trade barriers

Textile minister post vacant for two years

SBP-Customs joint booth at Peshawar airport

Part of $100m hacked from Bangladesh Bank Recovered

10 ministries not devolved despite 18th amendment, says Qaim

THE NEWS

SBP Chief Promises Friendly Policy  For Industrial Zones Along CPEC

World Passing Through Worst Recession: TDAP Chairman

Ministry For Increase In Haj Scheme Package

ECC Delays Auto Policy Again

Sindh Yet To Get 10 Devolved Ministries’ Assets

Private Sector Borrowing Surges 100pc To Rs318bln In July-Feb

FBR Reshuffles 48 Customs Officers Of BS 17-18

FBR Mulls Overhauling Of WeBOC System

Aptma Demands Waiver Of GIDC To Reduce Cost

International Textile Fair From 9th

FPCCI Urges PM To Appoint Textile Minister

‘Saudi Investors Keen To Invest In Pakistan’

Germany Focusing On Renewable Energy In Pakistan: Envoy

B RECORDER

Increased WHT on bank transactions approved by ECC: Dar-led MoF basks in low inflation glory

On female labour participation in Pakistan

Tariff determination: Textile industry seeks accurate reference fuel prices

Allocation of RLNG: APTMA hails government's decision

SBP allows export of permissible forex from Peshawar

15th Textile Asia Trade Fair begins Tomorrow

SSAI urges government to resolve water Issue

LTU-II Karachi: DGI&I IR to be empowered to deal with 500 cases

Dastgir holds talks with envoys: NTBs, transit trade and cargo links discussed

SECP initiates 38 show-cause proceedings against firms

Statistics are sacred

DAILY JANG

Forex reserves reached at 20.5 Billion dollar

3 days international exhibition will be held on 9th March at Karachi expo center

Dastgir holds talks with envoys: NTBs, transit trade and cargo links discussed

Strong Islamic banking system in country is a must

Non appointment textile minister for the last 2 years is matter of concern

SECP served notices on 38 companies against violation of companies ordnance

GIDC on textile value chain be immediately abolished

Rizwan Memon appointed as senior member of board of revenue

Chairman FBR transferred 5 additional collectors across the country 

DAILY EXPRESS

SBP stressed need on resuming banking amongst PAK-China

53 officers of Pakistan customs replaced

Agreement between SMEDA and Turkish Firm

Cotton price reached to Rs 5500 per maund

Notices issued to 38 companies on violation of company ordnance

FBR called conference of chief commissioners inland revenues

FPCCI demands appointment of textile minister


TMA HEAD OFFICE 

DATE: 2016 March 07

DAWN NEWS

Higher tariff for private solar plants likely

Traders’ social activism

Lessons from anti-graft drive in China

SBP released the draft foreign ExchangeManual 2016

Procyclical optimal monetary policy

Slump in polyester staple fibre market

THE NEWS

Germany To Boost Trade Cooperation With Pakistan: Envoy

Get The House In Order

Road To Triumph

A Welcome Step

B RECORDER

Bank account of taxpayer: deposit of money could not be deemed to be a taxable sale or supply of goods: ATIR

Budget FY17: Security, energy among top priorities: Dar

Exports have declined due to low investment and unfriendly policies, says SDPI's ED

Non-filers asked to avail VTCS

Rupee's depreciation critical to increasing exports: TDAP CEO

Offices of FPCCI to be set up in Islamabad: Alam

DAILY JANG

Banks will be bound to give information of non-filers to FBR

43 new commercial counselors posted abroad

DAILY EXPRESS

Regulatory duty on 400 items imposed to reduce import bill

One window operation for industrialist investors announced 


TMA HEAD OFFICE 

DATE: 2016 March 06

DAWN NEWS

Police report on Baldia factory fire lands in Court

LPG prices reduced to 10-year low

Trade pact with Turkey to be signed next week

German envoy for more bilateral trade

How US firms are avoiding $695bn in taxes

THE NEWS

LPG Prices Reduced By Rs15/kg

Sindh To Collect Rs50mln In Taxes From Event Managers

Low export despite quality yarn

Right to information and superior judiciary

We Must Use Water Judiciously To Meet Future Challenges: Wapda Chief

B RECORDER

Small corporate taxpayers, AoPs: FBR mulling replacing functional-based system with hybrid system

Modern PRTTI in Sialkot soon: PRGMEA

Investment in infrastructure critical

Country's debts: each Pakistani owes over Rs 100,000, claims report

Pakistan stable country for business: Italian envoy

DAILY JANG

Be care full Karachi will go completely under water in 45 years

Foreign debts increased by Rs 8 Billion

DAILY EXPRESS

World most expensive train station opened in New york

Karachi go completely under water with 35 to 45 years

Customs clearance system collapsed

LPG prices reduced by more Rs 15 per KG

Traders will go at last end against bank transaction tax

Sindh took up issue of income tax on goods transports with federal govt


TMA HEAD OFFICE 

DATE: 2016 March 05

DAWN NEWS

Islamic bloc urged to boost trade

THE NEWS

Pak Leather Products Have Huge Potential In Australian Market: HC

‘Textile Industry Being Destroyed By Promoting Sugar Industry In Cotton Belt Areas’

Rs10 Bn Indian Clothes Imported Illegally

FBR May Get Access To FIA Database To Nab Tax Evaders

Under-invoicing Eating Away Revenues

FPCCI To Discuss Trade Enhancement

‘High Demand For Pakistani Textiles, Other Products In Iran’

B RECORDER

PTBA office-bearer identifies deficiencyin VTCS

RLNG allocation: Textile industry alleges Discrimination

Pink bollworm causes huge cotton loss

FPCCI chief to participate in ICCI meeting in Jeddah

COTTON USA offers sourcing support at Texworld

Proposal to incorporate IRS system into FIA database agreed

Opinions on fake and bogus accounts: SECP directed to proceed against CAs

India takes on US at WTO over work visa Rules

Kamal mulling reaching out to traders in first place

DAILY JANG

Electric tariff reduced by Rs.4.04 paisa per unit across the country excluding Karachi

Opposition united on private ltd company issue PIA

FBR will impose modern IT System for tax collection

Cotton US sourcing supports for TEXWORLD

Standing committee approves foreign exchange regulations

Imran  Latif assumes charge of BTB chief of FBR 

DAILY EXPRESS

Pakistan’s economy back on track

Obstacles should be removed towards trade amongst Muslim countries

INTER TEXTILE Shanghai EXPO 2016 will start form 16th March  


TMA HEAD OFFICE 

DATE: 2016 March 04

DAWN NEWS

Azmat Ranjha made secretary commerce

Canadian visa

Cotton production falls 34pc

Reserves at $20.35bn

‘Can we beat financial crisis?’

THE NEWS

EU Body Satisfied With Pak Progress On HR Front

Dar Issues Notice To ARY For Airing False Facts In Programme

Everything Points Towards Another Deadly Summer For Karachi’

Turnaround In Economy Is Slow, But Sustained

Forex Reserves Inch Up

Cotton Production Declines 33.85 Percent

‘Finland’s Exports To Pakistan Up 200 Percent’

Pak-Tajik Trade Festival in Dushanbe From April 7

B RECORDER

Call to abolish clauses 38b & 40b of GST

About 9.71 million cotton bales reach Ginneries

Ministry identifies reasons behind decline in exports

Dual taxation treaty: new convention with Czech Republic notified

Budget Fiscal Year 2017: Ministry asks FBR to submit proposals

Impact of budgetary measures on tax collection: FBR likely to re-designate post of Member RA&R as Member FR

Pakistan's foreign exchange reserves up by $19 million

VTCS fails to attract ample number of Traders

GSP Plus: call to set up monitoring system at TDAP

Woes of withholding agents

Banks' exorbitant earnings

GSP+ scheme sails through all pre-EU Parliament stages: Dastgir

DAILY JANG

Indian cloth scandal

Sales tax on value added sector will be abolished from 1st July

Saudi Arabia will welcome foreign interment

Arshad Tanveer appointed as senior vice chairman for FPCCI standing committee on labor and exports  

Exports of leather garment incased by 4%

TDAP scandal

FBR released formula for benami bank account

Muhammad Salim Memon appointed additional collector

DAILY EXPRESS

Severe crisis of water at SITE super highway thousands of workers rendered jobless

KCCI members asked to renew their membership by 31st March


TMA HEAD OFFICE 

DATE: 2016 March 03

DAWN NEWS

Dar’s briefing on economy fails to impress Senators

Dubai launches $8.2bn wholesale ‘city’

THE NEWS

US Bans Use Of E-cigarettes On Flights

Pakistan’s Cotton Output Likely To Fall 34pc: ICAC

Tax Exemptions To Special Groups Stunt Revenue Growth

Bangladesh’s HC For Direct Shipping Line Between Karachi, Chittagong

FPCCI Stresses Need To Resolve Core Issues Of Businessmen

B RECORDER

PTA chief lauds reduction in POL prices

Multinational companies' directors, others: LTU-II begins tax assessment

Karachi-Chittagong shipping line to reduce time, cost: Bangladesh HC

Reduction in power tariff hailed

FPCCI chief hails cut in petrol prices

Obstacles to investment flows

Reopening of cases by customs postclearance audit system

India plans to bring Iran back into banking clearing union

DAILY JANG

BENAMI transaction act will be imposed before new federal budget

Shipping line between Pakistan and Chittagong be stared

Federal industry minister visit KEPZ

SITE super highway industrial area not getting water according to requirement

Business activities will improve due to reduction of POL prices

US tax department has arrested 1 corore 40 lac tax evaders 

DAILY EXPRESS

Special economic zones

Shipping service between Karachi Chittagong proposed

Cotton consumption in Pakistan 12% production feared by 34%

Reserves of cotton worldwide will be reduced by 8% after 6 years


TMA HEAD OFFICE 

DATE: 2016 March 02

DAWN NEWS

Karachi property prices soar after crackdown

China to lay off 5-6m workers, earmarks at least $23bn

$1bn repatriated as profits in July-Jan

Inflation rises to 4pc

Traders’ faction slams tax amnesty scheme

Cumbersome system blamed for narrow tax Base

Nepra approves Rs4.11 cut in tariff for January

FIA not against any business group, says Sindh director

THE NEWS

Pakistan, Russia Trade Ties Growing Satisfactorily: Envoy

Salient Features Of Indian Union Budget 2016-17

Property Prices Up By 23pc As Crime Declines

State Bank Issues Draft Foreign Exchange Manual

CPI Inflation Clocks In At 4pc In February; downward Trend Expected

High Growth In Public Debt damaging Business Activities

Businessmen Hail Cut In POL Prices

Vigilant Tax Machinery Can Increase Consumer Rights

B RECORDER

Highest-ever Rs 4.11 per unit refund approved by Nepra

Income tax law: FBR approached for urgent amendments

Inflation spikes by four percent in February

Dar reiterates government's resolve to overcome power shortage

Banking transactions: traders foresee 0.6 percent WHT increase by March 16

Trade ties between Pakistan and Russia growing satisfactorily: envoy

'Filers can lodge complaints with FTO against tax officials'

Bangladesh forex reserves hit record $28 Billion

Dubai says it will build world's biggest wholesale hub

SAARC countries: Call for developing common standard for export promotion

Refunds of up to Rs 5 million amounts to be released by March 15

Yet another extension

The professor, the engineer and the Accountant

Failure of VTCS was imminent

Sharmeen's remarkable feat

DAILY JANG

Reduction in prices of Pol products is a positive step

DAILY EXPRESS

Voluntary tax amnesty tax scheme could not yield expected results

European parliamentary committee endorsed GSP report

Trade and industrial circle welcomed reduction of prices of POL products


TMA HEAD OFFICE 

DATE: 2016 March 01

DAWN NEWS

Sharmeen does it again

Petrol price cut by Rs8; Punjab gets relief on CNG as well

Another Oscar

A different honour

2nd Oscar for Chinoy

Govt extends tax amnesty scheme after poor Response

India pledges billions for farmers in ‘populist’ Budget

Prompt implementation of zero-rated exports regime sought

THE NEWS

Sharmeen Obaid Chinoy’s Documentary Wins Oscar

PM Cuts Petrol Price By Rs8.48 Per Litre, CNG By Rs7 Per Kg

CNG Price Reduced By Rs 6 Per Kg In Punjab

Sharmeen’s Win

Count Your Money

Dar Extends VTCS Till 15th

‘Only 18pc Landlords In Sindh Paid Farm Tax In FY 2012-13’

Pakistan, Czech Republic Implement Convention To Avoid Double Taxation

India Unveils Budget To Help Rural Poor, Rein In Deficit

FTAs With Countries Demanded

PRGMEA Calls For Zero-rated Regime

B RECORDER

Rs 8.48 cut in petrol price approved

Feroze1888 Mills splendid first half

New guidelines unveiled: SBP acts to address consumers' grievances

Hawala/Hundi business: MoF tells SECP to develop SOP

Date extended for filing IT returns/statements

Rs 7.331 billion fines imposed on textile unit, banks

Tax returns: LTBA seeks extension in Deadline

PRGMEA for translation of statements into actions

Government to introduce zero-rating regime for exports: minister

Tax amnesty deadline extended to March 15

DAILY JANG

Prices of Pol products reduced up to Rs 8.50 per liter

Price of petrol and water become at par

Discounted rate for non filers of withholding tax increased by 1.0% and date extended up to 15th March 

Gas loadsheeding will be reduced due to low tariff of electricity and import of LPG

Economy has been hijacked due to crisis of water and energy

Flaws in tax amnesty scheme be removed immediately

Gas connection for new industries be lifted

DAILY EXPRESS

Date of filling of return for traders extended by 15 days

Decision taken to obtain biometric for all bank account holders

Federal govt could not established deposit protection scheme

PTA with Tunisia will be signed with Pakistan soon

Conference on international cotton committee will be held in Pakistan after 50 years

Committee formed to safe guard business community interest

Flaws in WEBOC exporters could not file claims feared