News Clipping - Archives November 2017


TMA HEAD OFFICE 

DATE: November 29, 2017

DAWN NEWS

Tax-to-GDP ratio

SBP asked to formulate procedures for DLTL

THE NEWS

Hunt for caretaker PM starts

Tareen refuses to become PM’s adviser on finance

Foreign bank loans clock in at $1.022bln in July-October

Withholding tax collection from nonfilers down 18pc

B RECORDER

CPEC first phase investment value exceeds $30bn: Sartaj

$1bn loans procured in just 4 mths

LCCI chief for improving business environment

GST zero-rating: Huge number of applications pending with field formations

Filing of tax returns: LTBA demands extension in deadline up to Dec 31

E-commerce is future mode of business: FCCI chief

PHMA urges SBP to notify procedure for applying DDT

Rise in fiscal deficit

Free-market capitalism is on trial

TDAP offer an excellent opportunity to be part of trade delegation to Latin America 

DAILY JANG

New industries will help in eliminating unemployment Governor Sindh

All steps are being taken to safe Karachi Anwar Sayal

LPG price increased by Rs 30/- per KG within 15 days in Sindh

DAILY EXPRESS

In 1st Quarter tax collected Rs 756 billion Ministry of Finance

Role of women in Industrial Growth

Industrialist places various demands on arrival of Home Minister at SITE 

Want to increase trade and investment Tajik envoy

UBG election office will be inaugurated today 


TMA HEAD OFFICE 

DATE: November 28, 2017

DAWN NEWS

PHC moved for issuance of new Rs10 coin with Quaid’s image

End double taxation, release refunds: LCCI

THE NEWS

Pakistan to get 9pc of Gwadar income, 15pc of FEZ: China

Pakistan to experience only two seasons in future: Met

Govt, FBR replies sought in import duty case

Economic reforms: Part – II

Bailout packages harm competitive sectors, reward bad businesses

Punjab to regulate groundwater use by industrial, commercial users

Pak-Thailand FTA to be signed by January 30

Govt lauded for reducing trade deficit

B RECORDER

Punjab textile industry will not get gas from December 1

Over three years” holding: no advance tax on property deals: FBR

Proposed FTA skewed in favour of Turkey

PIAF urges Nepra to cut electricity rate

Serene Air to begin int’l operations by Feb ’18

Govt to review FTAs with different countries: Minister

Surging debts & trade imbalance hitting economy hard: LCCI chief

Challenges to the economy

A stronger trade policy 

DAILY JANG

Burden of foreign debts

DAILY EXPRESS

Textile sector demands ignored country wide protest warned

Not aid access to business markets Governor Sindh

CEPEC investment conference registration up to 10 December

Opponents will be given crushing defeat in election UBG

D-8 should make links strong with SMEs Islamabad Chamber 


TMA HEAD OFFICE 

DATE: November 27, 2017

DAWN NEWS

Govt asked to review accord with China on Gwadar

The fall of Dar

One way to bridge the widening trade deficit

THE NEWS

CPEC in the long term

Taxing the untaxables

Thank you Mr Dar

B RECORDER

Second-hand clothing imports: FBR vows support to textile Sector

MPS losing its gloss?

BMP urges political parties to focus on economic issues

LHC upholds FTO recommendations in favour of taxpayer

CPEC and SEZs

A prudent monetary policy approach

DAILY JANG

FBR will verify value of properties declared in return

Family business

Loan upon loan

DAILY EXPRESS

Punjab will encourage private sector to establish processing units

To enhance trade with Pakistan Somalia announce concrete steps

UBG will start third phase in December for election campaign Iftikhar Malik

Govt should avoid unilateral decision like RD 


TMA HEAD OFFICE 

DATE: November 26, 2017

DAWN NEWS

$500bn abroad

Mr Dar please resign’

Non-textile exports grew 13.6pc in July-October

Sit-ins diminish industrial output in Karachi

THE NEWS

Sindh asks businesses to deduct withholding tax on services

Roadblocks to Punjab investment success

‘Govt released higher refunds’

B RECORDER

Body formed on deferred ST refund of textile industry

PESSI offers medical facilities to industrial workers

Central-bank-autonomy

DAILY EXPRESS

Flight of capital from Pakistan to UAE again started

Access to fund by SMEs in Pakistan is very restricted report

Federation election UBG formed committees and assigned responsibilities

All demands of textile sector full filled  


TMA HEAD OFFICE 

DATE: November 25, 2017

DAWN NEWS

China to get 91pc Gwadar income, minister tells Senate

Govt zeroing in on option to replace Dar

Back to load-shedding

Lack of capacity hindering microfinance outreach

SBP keeps interest rate unchanged

Black or not, Friday sales boom in Pakistan

THE NEWS

SBP keeps policy rate unchanged at 5.75pc, upbeat on growth

Ministry initiates second phase of Pak-China FTA talks

Textile sector’s profit down 23pc in July-October

Procedure for DDT claims demanded

B RECORDER

Indicators boost growth prospects

Economic team reshuffle on the cards

LCCI urges government to appoint permanent finance minister

PBIF chief urges government to reduce gas and power tariffs

Textile bodies voice concern over delay in DDT claims’ Procedure

APTMA urges government to lift ban on import of cotton

The economy

Directors’ responsibility about the adequacy of internal Controls

Murad writes to PM against diversion of Sindh’s gas

RD on 700 items: OASIS allowed to submit arguments in petitions

SECP directs listed firms to change external auditors every 5 years

Board meetings: Corporate sector directed to include two independent directors

DAILY JANG

Foreign investment increased inflation will be below 6% interest rate remained constant

Procedure of submission of duty drawback claims be announce immediately

DAILY EXPRESS

Deficit increased by 5 billion dollar inflation will increase in coming months

In spite of release of funds for DLTL payment not made completely

Concern on delayed announcement of claims procedure

Chamber of commerce interfering in FBR for wrong doing 


TMA HEAD OFFICE 

DATE: November 24, 2017

DAWN NEWS

100 Pakistanis own properties in Dubai, FIA tells NA body

K-Electric response

Power companies ordered to refund consumers Rs2.23 a unit for October

India’s cotton exports to drop sharply

THE NEWS

Power consumers fleeced of Rs277 billion

Circular debt has risen to Rs200 bn, AGP tells PAC

No power loadshedding from today, claims PM

Power tariff reduced by Rs2.23 per unit for ex-Wapda Discos

Pakistan searches for new finance minister after Dar relieved of duties

Forex reserves decline

PM urged to order implementation of exports package

Few Pakistanis follow basic principles of economic growth

Indian cotton exports to drop

List of 100 Pakistanis owning properties in Dubai presented in NA body

Solar energy users to be credited for adding electricity to grid

B RECORDER

Pakistan facing corruption, other challenges: ADB

Government searches for new finance minister

Economic corridor: SEZs to boost exports to $1.5 billion

Real estate sector: NA body suggests FBR to remove upper limit cap

Oct fuel adjustment: Nepra approves Rs2.23 a unit refund to consumers

Forex reserves up by $16m

Wanted: finance minister

Murad to raise Sindh’s gas issue at CCI’s meeting today

Senators push for proper checks before selling prepaid SIM cards

KCCI slams K-E for not passing relief to consumers

Tax returns: SECP directs cos to inform registrar

Prgmea criticises govt for delaying implementation of PM’s package

Private sector ready to share govt’s responsibility: LCCI

Woeful C/A deficit

DAILY JANG

Ufone “AD”

DAILY EXPRESS

Decision to replace finance secretary after Dar

UFone “AD”

Fuel adjustment approval to reduce electricity by Rs 2.23 per unit

2014 to 2017 detail sought of investment in real estate sector

Forex reserves decline


TMA HEAD OFFICE 

DATE: November 23, 2017

DAWN NEWS

Workers’ suffering

Nepra allows Rs3.40 hike in Wapda’s bulk tariff

Govt may ban import of furnace oil

Monetary policy due tomorrow

Security audit of over 1,000 bank branches to be carried out in city

THE NEWS

Unemployment, inflation beat corruption to be biggest problems: survey

Monetary policy meeting on Friday: Central bank seen holding interest rate steady to support growth

Aziz sees key economic indicators flashing green

FBR to verify property value declared in returns forms

Philippines agrees to waive police verification for KCCI members

SECP notifies listed companies governance rules

Procedural bottlenecks impede entrepreneurship growth

B RECORDER

Fiscal deficit may soar to 8.5pc

Credit-default swaps surged in late Oct?

PM grants Dar leave of absence

MPS: status quo likely

Pakistan, Philippines may boost trade ties: envoy

Pending cases of zero-rating: IR chief directed to give explicit advice on  discrepancies

PHMA demands incentives for enhancing exports

PTEA lauds govt’s act of reversing negative growth in exports

LCCI hails suspension of RD on over 400 imported items

Finance minister is an absconder!

A stitch in time saves nine

MPS tomorrow: Policy rate may be kept unchanged

DAILY JANG

State Bank will announce monetary policy tomorrow

Foreign investors’ interest in Karachi is a good sign governor sindh

Karachi chambers members will get visa without police verification.

Circular debt 16% line losses beared by consumers. Auditor General    

DAILY EXPRESS

Monetary policy will be announced tomorrow rate of intrest likely to be constant

One more foreign loan of Rs. 50 crore dollar

Philiphine agreed to waive off police verification.

Italian companies rushed to do business with Pakistan


TMA HEAD OFFICE 

DATE: November 22, 2017

DAWN NEWS

Top cooperation body okays CPEC longterm plan

Finance Minister Dar declared absconder

Nepra Act Amendment

Designer Hall Heimtextil Frankfurt-Germany

Fighting pollution

Textile, clothing exports grow 7pc

OICCI pledges to empower women

Spinners selling yarn below cost: Aptma

Sindh Assembly wants conversion of industrial plots banned

THE NEWS

Govt fails to cap circular debt

Fiscal deficit stands at 1.1pc, can touch 3.3pc

‘Lack of water policy to cost Pakistan dearly’

Govt to begin roadshows in Dubai today for eurobond, dollar sukuk

Indus Motors initiates drive to check ‘own money investors’

ECO CCI calls for early implementation of Visa Sticker Scheme for businessmen

B RECORDER

Raising $2-3 billion: government lays out plans

Low cotton yield raises cost of doing business: APTMA

FBR’s system for e-verification of notices in the offing

Boost in business confidence

RD on import of 731 listed items: LHC makes SRO inapplicable

DAILY JANG

RD on import of 731 listed items: LHC makes SRO inapplicable

DAILY EXPRESS

Top cooperation body okays CPEC longterm plan

Pakistan included in 5 countries facing acute shortage of water

Economy progress and reality

Govt come under pressure decision to abolish import tax on cotton

At import stage from December payment of tax will be automated

No work done businessmen panel criticized UBG

Keen to promote trade with Pakistan Azerbaijan envoy


TMA HEAD OFFICE 

DATE: November 21, 2017

DAWN NEWS

PM sees economy touching 6pc growth rate next year

FBR’s challenge

Smog: Beijing model

Tax returns

Large-scale manufacturing growth slows down

Special economic zones take centre stage as CPEC talks advance

Current account gap widens 122pc

Higher yarn prices rendering value-added sector uncompetitive

THE NEWS

Pakistan-China inching closer towards adopting LTP 2014-30

Economic reforms

Current account deficit nearly doubles to $5.013bln in July-Oct

Textile exports up 8pc in 4 months

Redefining urban boundaries via GIS can help govt expand tax base

Review of regulatory duty demanded

Businessmen urge to ‘honour taxpayers’

‘Yarn prices to hurt textile sector’

‘Pakistan to become hub of industrial cooperation’

B RECORDER

Second LNG terminal inaugurated: PM explains how demand-supply gap reduced

CPEC projects come into sharper focus

The State Bank needs a better model

Stakeholders fail to unveil procedure for release of DLTL

Bilwani fears shooting: cotton yarn prices to hit textile exports

Source of income: SECP revises minimum info/documentation requirements

Delinking of Rs3/kWh is a must to solve energyrelating industry problems, experts say

FBR likely to achieve 1m tax returns by 30th

Dar on the way out?

Jul-Oct C/A deficit widens to over $5bn

DAILY JANG

Regulatory duty imposed without discrimination be reviewed Saqib Magoon

Rising yarn prices demand to abolish 4% draw back

DAILY EXPRESS

Current account deficit increased by 2.75 billion dollar during July to October

Emirates charterred credit card introduced for Pakistani customers

8.36% increased in large scale manufacturing during July to September

T.D.A.P will give subsidy for tex world Paris to local companies

Importers can submit GDS by one custom


TMA HEAD OFFICE 

DATE: November 20, 2017

DAWN NEWS

CPEC committee to finalise long-term plan tomorrow

What are provinces pitching at seventh JCC?: Punjab to pitch new SEZs

“AD” Thai Airways International 

THE NEWS

Getting to Bangladesh

Dar agreed to resign and then changed mind

Authentic leadership

Directionless economy

B RECORDER

Eid Milad-un-Nabi on Dec 1

Of egos and Dar

BMP announces candidates for FPCCI election

China behind increased FDI

Load-shedding will come to an end shortly: PM

LHC reverses President’s order, revives FTO’s Recommendations

DAILY JANG

Dar refused to tender resignation firstly agreed but later back out

Rate of water tax fixed decision to set up complaint center

DAILY EXPRESS

Rs 52 billion new loan released to private sector during 4 months

Federation election will sweep 29th December election S.M.Muneer

Concrete system evolved vehicles can be booked without internet and Smart phone

Credit of Confidence of business community goes to prime minster Main Zahid Husian 


TMA HEAD OFFICE 

DATE: November 19, 2017

DAWN NEWS

Mr Dar, please resign

Finding taxpayers

Karachi port poised for massive infrastructure upgrade

Private-sector credit turns a corner

Cotton production rises 6.6pc

‘Investment treaty to boost Pak-US trade’

BD aims to raise ICT export earnings to $5bn in 2021

THE NEWS

PM himself looking after finance affairs: spokesman

PM questions key appointments in FBR

LSM sector posts 8.36 percent growth in July-September

Pakistan Customs unearths misdeclaration in imports

Cotton arrivals improve 6.5 percent to 9.35 million bales

Subsidies: Throwing a wrench in the gears of economy

B RECORDER

Dar on the way out; advisory body on the cards

Strict regulations affecting exports to Turkmenistan: PBC

Tariff determination: Industry criticises Nepra for taking dictation from govt

‘Widening-trade-deficit’

DAILY JANG

DAILY EXPRESS

Dar not resigned on leave PM took charge of ministry of finance spokesman

In put tax adjustment issue resolved between federation and provinces

Expo Pakistan 10 lac dollar export order with South Africa

Demand to revisit Regulatory Duty 


TMA HEAD OFFICE 

DATE: November 18, 2017

DAWN NEWS

‘Embattled’ Dar may leave finance ministry soon

Money laundering

Energy ministry proposes changing fuel colour to ensure purity

Exporters must enroll under EU’s Rex System

Saudi delegation

Experts regret collective apathy towards contaminated water issue

THE NEWS

Sindh Assembly passes Occupational Safety and Health Bill 2017

Waiting for closure

‘91 per cent of city’s water supply unfit for human consumption’

Teams tasked to identify new taxpayers in Karachi

Loans to private sector jump 20.83 percent by end of October

‘Pakistan, Thailand FTA likely in five months’

‘FBR to develop one-page tax form for facilitating taxpayers of certain sectors’

TDAP issues reminders to EU exporters

New chairman joins BoI

B RECORDER

Moody’s raises India rating in more than a decade

Removal of power surcharge, uniform gas price may cost Rs60bn per annum

UBG to have a clean sweep in FPCCI polls: S M Munir

Govt urged to bring 3.5m non-tax filers into tax Net

TDAP’s advice on EU’s REX system

Pakistan development update

Nepra may approve Rs2.21 unit refund to consumers

Zamindars likely to become BoI chief

MoC seeks stakeholders’ inputs to devise STPF

Tax exemption certificates: FBR introduces online verification services

PTAA asks FBR to extend returns’ filing date for companies

SBP to develop roadmap for promoting SMEs banking

Customs Department WeBOC system has no provision to follow SHC orders

WHT statements: Date extended till 22nd

Lt-Gen Javed (retd) becomes Chairman SSGC

DAILY JANG

Sindh Assembly passes occupational safety and health bill

Candidates announced for F.P.C.C.I election

Strong link with Karachi and Thai Chamber is a mut. Firdous Ali

DAILY EXPRESS

TDAP “ad” On Intertextile Shangai Apparel Fabrics spring edition 14th March to 16th March- 2018  

TDAP asked trade bodies for arranging awareness seminar on Rex Incoordination with them Decision to establish trade dispute resolution authority

Federation election BMB announced candidates


TMA HEAD OFFICE 

DATE: November 17, 2017

DAWN NEWS

Gas supply to Lahore increased through RLNG, says SNGPL

‘Road to Japan’

FBR, ministry trade fire over regulatory duties

Business confidence improves: OICCI

‘FBR focused on finding new taxpayers’

Reserves down

THE NEWS

RCCI shows concern on growing economic uncertainty

OICCI survey finds improved business confidence

‘FBR focuses on new taxpayers’

Forex reserves drop to $19.695bln

Govt must provide entrepreneurs with necessary ecosystem for growth

Minister vows to further strengthen trade ties with Russia

Towel factory gutted

B RECORDER

Chinese cos working on CPEC: Balochistan refuses to grant blanket tax exemption

Zakaria asks KCCI to identify fine quality exportable goods

FBR to go after non-filers for broadening tax base: Haroon

OICCI Business Confidence Index turns positive, stands at 21pc

Widening trade deficit

Ailing economy, absconding FM

Textile and leather sectors: Ministry, FBR asked to address reservations over RD

DAILY JANG

Forex reserves drop to $19.695bln

Stressed to be given on value addition to increase exports in real term

DAILY EXPRESS

Pakistan and Russia agreed to promote cooperation on trade

Forex reserves drop to $19.695bln

Display center will be established at Malaysia Pakistan high Commissioner

Numbers of filers will be increased up-to14 lac during current year Haroon Akhtar

Regulatory duty on various items likely to be withdrawn

Belgium is keen to enhance trade with Pakistan

8% confidence of business community increased


TMA HEAD OFFICE 

DATE: November 16, 2017

DAWN NEWS

Return filing date extended to Nov 30

Foreign investment jumps by 74pc

A self-made disaster

Chinese delegation encourages business ventures with Pakistan

THE NEWS

Deadline for filing income tax returns extended till Nov 30

FDI rises 74.4 percent in July-October

Non-textile LSM sectors post doubledigit growth

LCCI deplores govt’s move

‘Made in Pakistan Expo’ to be held in UK

FPCCI to seek ways for boosting trade in ECO CCI conference

‘75pc of Pakistanis could be diabetic by 2040’

B RECORDER

Power, gas tariffs: PM tells Power Division to work out financial impact

Ministry fine-tuning draft trade resolution law

Jul-Oct FDI up 74pc YoY

PBIF hails govt move of seeking $3bn loan

Non-filer not eligible to become Shariah advisor: SECP

FPCCI team leaves for Ankara

LCCI for re-opening of closed industrial units

UBG candidates for FPCCI poll

Expo 2017 exposes misplaced priorities

Advance payment period: ‘SBP will consider LCCI’s proposal’

Date for filing of returns extended upto 30th

The global wealth Pyramid Shariah advisors empowered to issue fatwa

DAILY JANG

Nominations for next election of FPCCI

Steps should be taken to instal joint effulen treatment plant Malkani

15 Days extended in flling date of tax return

DAILY EXPRESS

7 Officer of F.B.R stands retired notification issued

Date of filing of income tax return extended upto 30th November

Foreign direct investment increased by 74% during July-October

Inspite of Rd possibilityto reduce import of 96 items re jected


TMA HEAD OFFICE 

DATE: November 15, 2017

DAWN NEWS

Pakistan to get $4.7bn under ADB’s new business plan

Customs cooperation key to regional trade, says PM’s revenue assistant

Leather exports suffering due to DLTL delay

Pakistanis ‘not free’ online for sixth consecutive year, says report

THE NEWS

Pak HC awarded visa service to company with no experience

Richest 1pc own half of world’s wealth: study

‘Pakistan to face major water shortage in next eight years’

Foreign investors seek review of regulatory duty regime

Superstores driving mid-tier retailers out of business

Private sector’s proposals to be incorporated in future trade policy

PTBA demands further extension in tax filing deadline

Aptma calls for competitive business environment

Chinese traders visit LCCI

One-window facility urged

TEX WORLD Paris-France 

B RECORDER

Scary rise in imports

Building economic corridor

Exporting essentials at a cost

PTA urges SBP to issue DLTL claims’ procedure

KCCI chief for extension in IT returns’ filing date till Dec 31

PFVA hails Waheed’s nomination for FPCCI VP’s slot

Pakistan can become gateway to Central Asia: Haroon

Prgmea suggests holding of ‘Made in Pakistan’ exhibition in Dubai

Parties asked to share economic agenda with businessmen

Anomalies in imposition of RD

FBR receives 775,000 tax returns till Nov 14

Import of cotton: Restrictions may be withdrawn from Dec 1 

DAILY JANG

TDAP formed joint strategy to promote export

DAILY EXPRESS

FPCCI demands to reduce price of energy

1 billion dollar order executed in EXPO Pakistan TDAP

Insist to extend date of filing of returns up to 31st December 


TMA HEAD OFFICE 

DATE: November 14, 2017

DAWN NEWS

Refineries on verge of closure

 

Trade gap widens to $3.04bn

 

Aptma wants to import cotton from India

 

THE NEWS

 

Economic notes: Emerging economic trends

 

Exports up 10pc in July-Oct; trade deficit widens 31.2pc

 

Businesses holding back export proceeds to face action

 

Finance ministry says economy on path of stabilisation

 

SAARC members urged to work together for trade

 

SECP extends deadline

 

Reduction in taxes demanded

 

‘Cotton yarn price hike affecting exports’

B RECORDER

First 4 months of FY18: Trade deficit widens to $12.1bn

 

Entrepreneurship, World Bank and Pakistan

 

With FBR help LCCI holds awareness session on e-payment module

 

Envoy-designate to Malaysia visits FPCCI, attends meeting

 

10th Expo Pakistan brings $1bn exports deals: Commerce Secretary

 

Economic charter, future programme KATI to invite all political parties heads

 

Form A/29, annual accounts: SECP extends dates for filing of annual returns

 

Textiles: Ministry to submit summary before NA

 

Sharp hike in yarn rates hit apparel sector: SVC PRGMEA

 

World Bank report

 

Malik calls UBG leaders’ meeting tomorrow to discuss FPCCI polls

DAILY JANG

F.B.R commissioners and other officials replaced of various cities

 

Unannounced restriction on import of cotton from India farmers, cotton ginners happy mills owners in distress

 

DAILY EXPRESS

Trade deficit increased by 31% during July-October

 

Forum on implementaton of anti money laundering by state bank

 

Federation election Ghazanfar Bilour presidential candidate of U.B.G

 

Strict condition made importof cotton from India impossible


TMA HEAD OFFICE 

DATE: November 13, 2017

DAWN NEWS

Why do the elite park their wealth abroad?

Pakistani residents whose investments in offshore

The FBR is eyeing 1.4 Million 

THE NEWS

The good and the bad

Missing in action

Tracing dirty money

B RECORDER

RD case of one step forward, two steps back

Strategic-Trade-Policy-Framework

Pakistanis owning property in UAE?

Country needs a new finance minister

LHC stops FBR official from issuing notice

DAILY JANG

In spite of challenges Pakistans economy foundation is strong Ministry of Finance Spokesman

DAILY EXPRESS

E-Commerce Policy could not be framed in 2 years

Textile Package to be revisited to overcome trade deficit Akram Ansari

Expo- 2017 ends after signing various MOUS

Price of cotton and phutti reached at its peak during season

Paksitans economic indicators are strong ministry of finance  

Non-performing loans of textile sector crossed 200 billion 


TMA HEAD OFFICE 

DATE: November 12, 2017

DAWN NEWS

Exports to Tajikistan dip on tariff restrictions

MoUs signed at trade fair

FPCCI seeks economic agenda of political parties

Pakistan’s FDI downturn in 2015 was due tocyclical factors World Bank

Fashion keeps trade wheel turning

THE NEWS

The state of the economy

Circular crises

Sri Lanka for withdrawal of non-tariff barriers

Customs sharpens vigilance after unearthing fake import consignments

FBR should nab ‘pretend-filers’ to widen tax net

FPCCI seeks economic agenda of political parties

KCCI steals show at Expo Pakistan

B RECORDER

FTR may help construction sector grow more: PBIF

Economic agenda: Business community seeks feedback from political parties

Foreign delegates seek KCCI’s help in identifying reliable partners

LTBA ask FBR to extend date for filing IT returns

Paradise Papers: Another wake-up call — II

Preponderance-of-economy

PTAA urges FBR extend IT returs filing date

Minister vows to revisit textile package

2016-17 period: SECP disposed of 502 cases of cos’ dissolution

DAILY JANG

DAILY EXPRESS

Expo Pakistan large scale export and investment agreements likely

Chez businessmen shown interest in investment in Sindh

Foreign delegates visit continues at KCCI pavilion

World Bank insists on devaluation of rupee


TMA HEAD OFFICE 

DATE: November 10, 2017

DAWN NEWS

Chasing UAE property

Longer tweets

World Bank urges caution against regulatory duties

‘Govt hopeful about GSP+ extension’

Reserves go up $69m

THE NEWS

World Bank predicts inflation at 6pc next year

“AD” Securities and Exchange Commission of Pakistan

Diversification, skill development key to boost exports: UK envoy

Wagah-Attari trade resumes after porters call off strike

Forex reserves increase by $70m

Trade accords to be retooled in favour of local sectors: minister

Textile sector’s spinning dilemma

SNGPL unaccounted for gas losses down at 8.07 percent

SECP approves changes in Companies Act 2017

‘SSGC warns of zero tolerance for gas theft’

10th Expo Pakistan 2017 jointly inaugurated

B RECORDER

‘Emerging Pakistan’ exhibition opens: Pakistan to be region’s corridor for trade & energy: PM

APTMA seeks withdrawal of customs duty, ST on cotton import

Expo Pakistan begins with 775 delegates from 85 states

Foreign reserves surge by $14m

1250 KV gas generators: Senate body asks FBR to withdraw 10pc RD notification

SECP amends 3rd, 4th & 5th schedules of Companies Act 2017

Properties in the UAE

14-member French delegation to attend Expo Pakistan

Doing Business Reform Strategy: Govt claims it has implemented 4 key reforms

DAILY JANG

In collaboration with ministry of commerce and TDAP EXPO Pakistan inaugurated 775 buyers from 70 countries will attend

EXPO Pakistan will boost exports secretary commerce

Diversification, skill development key to boost exports: UK envoy

DAILY EXPRESS

10th international EXPO Pakistan 2017 inaugurated in Karachi

Market share declining World Bank declared Pakistan’s export performance poor

Amendments in companies act made on protest of corporate sector

Reserves go up $69m

RD like steps pushing country’s economy sideline Lahore chamber 


TMA HEAD OFFICE 

DATE: November 09, 2017

DAWN NEWS

Success eludes NA panel probing $8bn investment by Pakistanis in UAE real estate

LHC takes notice of delay in tax recovery appeals settlement

Akhtar sees 1.4m people filing tax returns this year

Gas shortage overcome, new connections available: SSGC

Trade bodies for withdrawal of regulatory duties

THE NEWS

FIA sends letters to 100 Pakistanis who invested in Dubai

PM Abbasi says growth oweto prudenteconomic policies

Export enhancement suggestions smackof narrow-mindedness

French firm supports Pakistan’s banksto secure card transactions

Slowdown in IRIS creates problems fortaxpayers: KTBA

Withdrawal of duty demanded

Import restrictions withdrawal urged

EPZA to take part in Expo Pakistan

B RECORDER

APOTA gives strike call for 13th

RD, EIF limit: FBR to coordinate with APCAA: Minister

KTBA for extending IT returns’ e-filing date tillDec 31

Businessmen demand withdrawal of RD, withholding tax

Cotton import: APTMA seeks withdrawal ofrestrictions

PFIA demands withdrawal of regulatory duty

Govt must pare down trade deficit

Fortunes made; fortunes not spent

Exporters criticise delay in ST refund

Low quality crop output: Traders to import 1.2m cotton bales

Properties in the UAE: NA body asks FIA to share list of 100 people

Clarification

DAILY JANG

Due to low availability Pakistani textile mills started import of cotton large scale

Instruction to rebuild in franstructure of 4 industrial zones. Chief Minister

Providing gas to industries on Sunday will begin soon Amin Rajput

Plying of vehicle on open letter be discouraged. Mukesh Chawla

DAILY EXPRESS

Instruction issued to provide list to F.B.R of persons who purchased property in Dubai

Regulatory duty bank transaction and witholding tax be withdrawn traders convention.

Use of tax exemption at large scale detected

U.K will support on GSP plus Pervaiz Malik

Low quality of cotton import of huge quantity of cotton begins

E.P.Z will participate in Expo Pakistan in full strength

Recommendation sought to reduce cost of doing business


TMA HEAD OFFICE 

DATE: November 08, 2017

DAWN NEWS

Minister joins opposition in criticising financial institutions

Bank of China launches operations in Pakistan

SECP urged to extend forms A, 29 filing date

THE NEWS

FIA to probe 100 Pakistanis who bought properties in Dubai

Economic ties with China have huge prospects: president

FBR examines impact of import tax incentives on exports

Pak businessmen seek equal opportunities in CPEC projects

KTBA urges SECP to extend date

B RECORDER

President opens Bank of China’s operations

PBIF demands withdrawal of additional Saudi tax on pilgrimages

KWSB to help resolve KATI’s water, sewerage related issues: MD

Filing of Form-A, Form-29: KTBA urges SECP to extend date

Unscheduled loadshedding: LCCI urges govt for sustainable solution

Multi-sector trade mission to visit in 2018: Belgian envoy

SBP on debt

NA body told how economic situation can be improved 

DAILY JANG

Paradise leaks SBP announced to take action against Pakistanis

Foreign debts volume up to June 2017 was not 83 it was 62.5 billion dollar Ministry of Finance explained

Reservations of Korangi Industrialists removed Asadullah

New trade policy will be framed in consultation with private sector Pervaiz Malik

Extension be given in submission of form A and 29 date president tax bar


TMA HEAD OFFICE 

DATE: November 07, 2017

DAWN NEWS

FBR poised to act against those named in Paradise Papers

Mobile firms start sharing customer data with FBR, Senate body told

Money laundering

Govt proposes power tariff hike to clear Punjab, KP hydel profit dues

Dividend disbursement through banks notified

THE NEWS

Health is wealth

IHC bench issues notices to SBP governor, finance secretary

FBR to probe 135 Pakistanis named in Paradise Papers

B RECORDER

Paradise Papers: FBR to issue notices

Currency: Let it not be a steep fall

Pakistan’s slow advance in Doing Business

Biometric verification mandatory for Umrah

Aizaz urges businessmen for increased interaction with US counterparts

Say no to plastic pollution’ campaign launched

CPCs and ATMs: Banks told to preserve video recording for two months

PAKISTAN CAN’T EXPORT TAXES DLTL IS NOT A REWARD FOR EXPORTER’S IT IS REFUND OF TAXES

 

DAILY JANG

DAILY EXPRESS

State Bank Governor Call on govrnor sindh

GSP Plus ministry commerce started lobbying

Trade delegation of South Africa will attend Expo-Pakistan


TMA HEAD OFFICE 

DATE: November 06, 2017

DAWN NEWS

A century behind

Punjab should step up its tax game

Extractive tax policies discourage compliance

India flies high in WB’s Doing Business index

THE NEWS

After Panama Papers: Paradise Papers shake and shock world

The plastic problem

Winners or losers!

B RECORDER

Paradise Papers: Tax haven secrets of ultra-rich exposed

Interim GSP Plus report: Army has a bigger say in policy domains

10th EXPO Pakistan

Revised textile package fans optimism

Scrutiny in fraud, tax evasion: Law does not impose time limit: LHC

Cracks begin to appear in energy policy

Gasoline additive controversy

Financial instability 

DAILY JANG

Worst policy of furnace oil and diesel

Smog Lahore among worlds polluted cities

DAILY EXPRESS

Dumping of Chinese goods local leather industry faces serious threat on investment

Enhancement of tax net not in control of govt officer small traders

Govt blamed on not giving attention traders issues  

Prime Mister’s announcement of simplifying tax laws welcomed

Due to political instability investors leaving economic experts

Faisalabad chamber expressed concern on increased loadsheeding of electricity

Electricity gas likely to be expensive Rs 90 billion additional amount to be collected from consumers


TMA HEAD OFFICE 

DATE: November 05, 2017

DAWN NEWS

Number of small borrowers rises sharply

FBR mistreating businessmen: Asad

Measures to cut trade deficit on the cards

India may announce tax relief for traders next week

Deregulation of CNG price proving burden on motorists

THE NEWS

Govt to streamline procedures to help boost textile exports

India may announce tax relief for traders

B RECORDER

PM’s package: Govt releases Rs14bn for phase-I

SBP urged to raise EIF limit

FTO: Challenges and remedies

State-of-the-economy

Textile exports increasing gradually: minister

DAILY JANG

DAILY EXPRESS

Govt refused used to reduce price of electricity gas for industries

PM instruction meeting called to simplify tax rules and return from


TMA HEAD OFFICE 

DATE: November 03, 2017

DAWN NEWS

Debate on economy

Change of govt in Islamabad won’t affect CPEC: China

PM urges oil, gas industry to raise its game

Petrol sales rise despite cheaper CNG

‘Use of local raw material should be encouraged’

Abbasi orders FBR to simplify tax return form

‘50pc paperless trade in place’

Women must wait 217 years to earn the same as men, index says

Notices issued over pilgrims’ biometric data collection

THE NEWS

Increase in prices of petroleum products protested in NA

Canada to boost immigration

Customs to launch e-payment system in December

Forex reserves fall to $19.842bln

Govt maintains cotton estimates at 12.6 million bales

FTO revises jurisdictions

KCCI condemns businessman’s arrest in sales tax refund scam

B RECORDER

Broadening tax base: PM asks FBR to log CNIC based economic activities

Cabinet to extend super tax to banking cos for FY18

Cotton estimates revised downward

Opposition parties slam govt over hike in POL prices

Concern voiced over arrest of Hameed Agar

‘Electronic Payment Module to be operational by Dec’

Pakistan’s middle class discussed in Washington

Water crisis looming, Irsa warns

Talks on FTAs with Thailand, Turkey under way, NA told

APBF asks govt to cut tax ratio to keep oil prices stable

Draft law of National Tax Tribunal — I

Clarification

Foreign reserves decline $59.3m 

DAILY JANG

Tax return from be made more simplify PM issued instruction

FBRs four senior officials assumed new responsibilities

Business community also expressed reservation on NABs action

Confidence increased amongst US investors by visit of Pakistans delegation Governor Sindh

CNG association contradicts enhancement of price

Forex reserves fall to $19.842bln

DAILY EXPRESS

Karachi Chamber protest on arrest of businessman without notice

Harassment of tax payers be brought into notice Haroon Akhtar

UK envoy stressed on enhancing trade

Poverty will end through US investments Mohd Zubair

Big industrial group of Turkey keen to invest in Pakistan

Ministry of Textile industry reviewed better cotton initiatives

Demand to make import payment up to 10,000/- dollar


TMA HEAD OFFICE 

DATE: November 02, 2017

DAWN NEWS

Software-based registration system in 21 hotels, guest houses initiated

THE NEWS

Circular debt reaches Rs450 bn, PAC told

Trump to terminate green card lottery!

45 oil marketing companies to import petrol, diesel

Private sector urged to materialise CPEC industrial cooperation phase

Disappointed in govt, troubled textile sector turns to opposition

Businessmen urged to promote intra-SAARC trade

‘CPEC expands foreign investment in Pakistan’

KE meters ‘in line with global standards’

Proclaimed offender in TDAP corruption cases remanded for two days

B RECORDER

State of economy: SBP report generates heated debate in Senate

72pc increase in number of returns received

SBP allows $-denominated insurance policies

SBP highlights ill effects of protectionism

Industrial cooperation under CPEC: Ahsan urgesprivate sector to play leading role

KWSB’s assurance to KATI

CCAC to revise cotton production estimates to12.9m bales

SECP clarifies issue of prior security clearance

Lebanese envoy for more mutual trade with Pakistan

Ease of doing business

New trade measures are anti-export

Response to ‘Election strategy and economy’

Import of polyester filament yarn: PYMA slamsNTC for levying anti-dumping duties

DAILY JANG

Prime minister started imnplementation on new petroleum policy

Circular debt increasedby Rs.450 billion losses Rs. 214billion by electric theft

Issues of water and swerage be solved immediately in Korangi Industrial area  KATI

So soon increase in petrol prices

DAILY EXPRESS

Once again P.O.L prices enhanced


TMA HEAD OFFICE 

DATE: November 01, 2017

DAWN NEWS

Pakistan told to pay Rs14 billion to nine power producers

S&P on the economy

Tax: cellular networks

SBP profit rises to Rs238bn

Pakistan ranked 147th in Doing Business report

FBR misses revenue collection target

‘Cutting cost must for successful regional trade’

THE NEWS

Petrol price up by Rs2.49, diesel by Rs5.19 per litre

Pakistan progressesin ease of doing business: World Bank

IMF stresses agreements to foster open trade in Pakistan

Extension in returns filing date urged

B RECORDER

WB’s Ease of Doing Business list: Pakistan in warpspeed decline

Ministries have divergent views on GSP Plus future

Petrol price goes up by Rs2.49

Record of bank loans placed in Senate chairman’s chamber

Date for filing of returns extended till Nov 15

Govt urged to declare export emergency

KCCI appoints heads of 16 sub-committees

Brother of ex-KCCI president among two arrested by NAB

Annual Performance Review: SBP takes several initiatives to improve forex regime

Business Forum holds Dar responsible for rising trade deficit

FPCCI urged to play role for withdrawal of RD

PIAF calls for implementing of PM’s package

FCCI SVP urges business community to make CPEC favourable

Strengthening AML laws

Arresting the imbalance in trade

About 123,346 tons of raw cotton exported in Q1 

DAILY JANG

Rising of stock market is not progress our economy becomes casino economy economic experts 

During 3 months continuous petrol price increased by Rs 2.45, Diesel Rs 5.19, Kerosineoil by Rs 5/- per liter expensive

In consultation with member customs and operations chairman has replaced 6 FBR officials

Due to Rush of tax return filers FBR’s system choked date extended

FBR succeeded in collecting revenue of Rs 1035 billion during July-October 2017

Saudi Arabia abolished duty on export of Fabric from India

Import of textile machinery in 1st Quarter increased by 27%

DAILY EXPRESS

Filing of income tax return date extended up to 15th November

Strict rules to end discrepancies in electric bills

Ummrah pilgrims in distress due to biometric condition protest at company’s office  

Liabilities of state bank increased in one year by Rs 466 billion Rs 238 billion profits

Announced to auction properties of tax defaulting companies