News Clipping - Archives September 2016


TMA HEAD OFFICE 

DATE: 2016 September 30

DAWN NEWS

‘Taxes on property’

Kerosene, jet fuel to cost more

Sindh revives Infrastructure Development Board

Customs develops database to curb under-invoicing

Reserves at all-time high

Shanghai Electric ‘in discussion to buy KE stake’

Office-bearers of trade bodies elected

Tax collection timing extended

Commodities: Cotton prices under pressure

 SOURCEDIRECT AT NY NOW NEW YORK-USA FEBRUARY 05-08, 2017

.THE NEWS

Sindh offers enormous opportunities to Chinese investors: CM

Forex reserves hit all-time high of $23.418bln

FBR offices to observe extended Hours

Ministry should make serious efforts to enhance exports

Water should be on top of national security agenda: FPCCI

Local industries and the CPEC

B RECORDER

Textile exports 2MFY17

Feroze1888 soaks in the profits

PAKSEA, PCDMA elect new members

Forex reserves cross $23 billion mark

Clarification

Sheikh Naeem elected PYMA Chairman

Paracha re-elected as APCNGA Central Chairman

MCCs, RTOs, LTUs directed to remain open till 10pm today

Decline in FDI and exports

Will they comply with this regulation?

DAILY JANG

Summary sent to petroleum ministry for enhancing price of petrol by 0.10 paisa light diesel Rs 1.81

FBR collected Rs 580 billion taxes in 91 days

Traders assured chief Minister to open shops at 9:00am in the morning

News baseless regarding withdrawal of resignation Hina Mansab 

Need to enhance exports from Pakistan Japanese consul General

Forex reserves hit all-time high of $23.418bln

Instruction to outsource commercial billing of water board

DAILY EXPRESS

Mumtaz Ali Shah appointed chairman Pakistan export processing zones authority

Meeting regarding withdrawal of MFN status to Pakistan postponed 

Chief Minister Appeal to traders of Sindh

NTC is inactive standing committee rejects commerce ministry’s view point 

Estimate of cotton production will be worked out next week

Nasir Fatha new head of PCDMA


TMA HEAD OFFICE 

DATE: 2016 September 29

DAWN NEWS

Pakistan’s casino economy: a blueprint for inequality

Farmers’ protest gets political parties support

Online hotel-booking services seek to outrun travel agents

LSM grew 2.6pc in July

Murad wants all markets, shops closed by 7pm

Sales tax irks value-added textile industry

Drone stops traffic at Dubai airport

Industrial sector not exempted from loadshedding, Nepra hearing told

.THE NEWS

Sindh CM wants markets to open at 9am and close at 7pm

Pakistan willing to sign OECD convention on anti-bribery: Dar

98 industrial units privatised so far, Senate told

Govt to sign FTA with Turkey, Thailand

‘Govt must work to enhance exports’

B RECORDER

Collection of taxes, duties: NIFT to provide special clearing facility tomorrow

98 industrial units privatised; only 19 functional: government informs NA

Business community concerned at 'water war' threat

Pak-China trade reaches $48.75 billion in 5 years, National Assembly told

Huge economic loss feared: LCCI urges leaders to settle down issues through talks

Government urged to exploit GSP-Plus opportunity for export growth: MCCI

Sheikh Saeed elected FCCI president

SBP hailed for maintaining policy rate

Steep rise in C/A deficit

Second day of public hearing: KE presents various aspects of its business proposal

Misunderstandings of members removed: UBG spokesman

DAILY JANG

Shop to open at 09:00am in morning and will close at 07:00pm in evening to be ensured CM Sindh

Center is violating constitution by restoring gas load shedding in Sindh Saeed Ghani

Black berry stopped production of cell phones after 14 years

Arm ammunition will not be sold without CNIC

DAILY EXPRESS

Shop to open at 09:00am in morning and will close at 07:00pm in evening to be ensured CM Sindh

Textile and edible sector production declined

Selected branches of bank will remain open up to 05:00pm for taxes

Funds could not be released for trade policy deduction in budget expected


TMA HEAD OFFICE 

DATE: 2016 September 28

DAWN NEWS

Modi convenes meeting on MFN status given to Pakistan

SSGC billing

Saving-investment gap shrank in 2015-16

A rough day for K-Electric as accusations mar tariff hearing

Pakistan rises to 122nd in global competitiveness ranking

.THE NEWS

Investment made in accordance with existing Pak laws: Haroon Akhtar

Pak-Bahrain business moot a resounding success: Javed Malik

Biggest online shopping festival of Pakistan begins today

Large current account deficit, weak remittances threaten rupee

K-Electric to add 4,283MW in generation capacity

Foreign firms repatriate $204.3 million in July-August

Passport delivery at home

‘No plan to launch domestic flights in Pakistan’

WTO drastically cuts global trade Forecast

Aptma elects new chief

B RECORDER

Global competitiveness: Pakistan ranks last in South Asia

Chief Ministers of Sindh: Sinners or sinned against?

Fayyaz elected central chairman of APTMA

Textile industry: rising cost of doing business hinders fresh investment: PTEA

Commissioner forms SITE Liaison Committee to address issues

Tax notices: no raids on business centres, traders assured

WTO drastically cuts global trade Forecast

Aptma elects new chief

DAILY JANG

Chief Minister Sindh will visit KCCI today

9 Pakistani companies participated in HEIMTEXTILE Russia

Separation from UBG cannot be imagine Khalid Tawab 

DAILY EXPRESS

Separation from UBG cannot be imagine Khalid Tawab 

KATI felicitates newly elected team of KCCI


TMA HEAD OFFICE 

DATE: 2016 September 27

DAWN NEWS

When employment sustains growth

Deadline extension sought

FPCCI won’t accept Indian hegemony for trade

.THE NEWS

A stable rate

India can’t annul Indus Water Treaty unilaterally: Sartaj

Revoking MFN status to Pakistan does not favour India’s trade

FPCCI ready to sever ties

PHMA concerned over declining Exports

KTBA finds discrepancies in e-portal

Pakistan, Bahrain to enhance trade Relations

Commissioner forms body to resolve SITE area’s civic issues

B RECORDER

DLTL, LTF: Up to six percent rebate on machinery envisaged

2016-17 polls: Nomination papers for three top slots of FCCI filed

LCCI Corporate Class: PIAF-Founders Alliance makes clean sweep

Speakers for capturing maximum share of technical textile

Shamim Ahmed Firpo elected KCCI President unopposed

Moving cautiously

Reply to MoF

Benami Transaction (Prohibition): bill among 5 bills adopted by National Assembly

IT returns & statements: Malfunctioning of IRIS system causes difficulties for Taxpayers

Tax collection shows growth of 21 percent, National Assembly told

BR's editorial: MoF's response

DAILY JANG

1st Pakistan business conference in Bahrain organized by Pakistani ambassador

KCCI election BMG candidate Shamim Ahmed Faridpur elected president

PHMA election Raiz Ahmed elected Chairman Southern Zone

Grand operation of defaulters of water sewerage connection disconnected

Standing committee demand exemption from GST on mobile cards  

DAILY EXPRESS

Cases will be filed against defaulter of water board

CEPEC benefit is well but protection should be given to industry Khalid Tawab

15% tax are paid on transition of Rs 7 trillion per annum on sales & purchase of property

Builders developer gave waning to transfer capital

PHMA election Raiz Ahmed elected Chairman Southern Zone

KCCI election BMG candidate Shamim Ahmed Faridpur elected president


TMA HEAD OFFICE 

DATE: 2016 September 26

DAWN NEWS

Tax and property

Unending export freefall

.THE NEWS

Petroleum products to become cheaper by Rs3 per Litre

B RECORDER

Banks have no fresh direction from MPS

Government plans to raise $1 billion through Eurobonds

Shortfall of four million bales feared

Improving SME financing

Corporate sector service providers: President confirms FTO's order on minimum tax issue

More offshore accounts

DAILY JANG

DAILY EXPRESS

Energy expert demands from discos for net metering facility to consumers

Expressed concern on non-excess of trade to South American markets

Election on 7 corporate class of LCCI will be held today

Towel Manufacturers elected Perviaz Anwar Shaikh as chairman 


TMA HEAD OFFICE 

DATE: 2016 September 25

DAWN NEWS

Monetary policy

Taxes on property

SBP leaves interest rate unchanged at 5.75pc

.THE NEWS

State Bank keeps policy rate unchanged at 5.75pc

State Bank keeps policy rate unchanged at 5.75 percen

FPCCI supports temporary ban on trade with India

Businesses asked to explore South American markets

The sordid story of tax reforms

LCCI launches online service

Textile ministry starts training program

F.B.R Ad On Filing Of Income Tax Return

B RECORDER

A prudent approach to monetary matter: policy rate unchanged at 5.75 percent

Low gas pressure forces: SITE industrialists to shut units

Kassam inaugurates construction of new KCCI building

TMA elects office-bearers

LCCI introduces online services for Members

LCCI elections: LBF continues campaign for candidates

Khawaja Younus elected Chairman of APBUMA

Trade with Sri Lanka: government constitutes working group

Income under FTR: LHC sets aside order of Commissioner IR on WHT exemption

DAILY JANG

Interest rate stands at 5.75%

DAILY EXPRESS

Refund through automated system

New dispute on zero rating center waived of ales tax while province has imposed sales tax

Audit and financial reports from chamber of commerce called.

Federal Commerce minister Bahrain to attend business opportunities conference

Siraj Teli laid down foundation of new building of Karachi Chamber

Masood Naqi elected president of KATI


TMA HEAD OFFICE 

DATE: 2016 September 24

DAWN NEWS

Consumers to bear security cost of power projects

Eid holidays

Declining exports

Amended act gives legal cover to PRA

Finance ministry opposes GIDC waiver

Indian rupee stable despite war hysteria

Aalishan Pakistan cancelled

Revenue authorities agree on uniform tax rate

Saarc agrees on plan to harmonise energy trade

.THE NEWS

Nawaz seeks priority access to US markets for Pak goods

Govt rules out waiving Rs42 billion GIDC on CNG industry

Petrol prices likely to be decreased next month

Three provinces to tax goods transported by oil tankers

Talks on Pak-Turkey FTA to be finalised by December

Banks asked to install cash authentication machines

SBP expected to keep policy rate unchanged; inflation in focus

Pak-Bahrain Investment Forum Tomorrow

Employers exploit informal workers in grey economy for higher profits

B RECORDER

Pakistan investment regime ''most liberal'' in region: Nawaz tells US businesspersons

Declining exports: government, exporters unable to agree on mechanism

Monetary policy today: Key policy rate may be kept unchanged

Hajj, Umrah fee to soar from 1st Muharram

16th Western China International Trade Fair: meeting held to finalise FPCCI's Participation

43 vehicles impounded: drive against tax evaders in full swing

Rising Indo-Pak tensions TDAP cancels 'Aalishan Pakistan 2016' trade fair

Pakistan-Turkey FTA to be finalised in December: Murat Mustu

KATI, PSMA office-bearers elected for 2016-17

'Budgetary outcome in 2015-16': MoF's Response

SECP introduces new reforms in corporate Sector

Banks to only disburse machine authenticated cash by January 2

DAILY JANG

AALISHAN Pakistan exhibition postponed

Exporters should adopt modern international trend federal finance

Massod Naqi elected chairman of KATI for the term 2016-17

Sales tax real Tim invoice investigation verification system imposed in the country 

DAILY EXPRESS

3rd AALISHAN exhibition in India Cancelled

FTA with Turkey will be finalized in December

Decision to publish textile exporters profiled directory


TMA HEAD OFFICE 

DATE: 2016 September 23

DAWN NEWS

Body to combat money laundering ‘never formed’

Stakeholders unsure about Sepa’s ability to ensure compliance of standards

“AD” Ministry of Textile Industry

Reserves down

“AD” Computerized weapon license extend date 

.THE NEWS

Dar orders FBR, SECP, SBP to initiate inquiry

FBR to take action against non-filers

Forex reserves down by $160mln

B RECORDER

Offshore companies in the Bahamas: FBR to issue notices to owners

Forex reserves down by $160 million in last week

Soliciting foreign investment

Dar chairs meeting on operationalization of EXIM Bank

DAILY JANG

Stone laying ceremony of Karachi chamber new building will held today

Forex reserves down by $160mln

Federation standing committee meeting on fair exhibition held

DAILY EXPRESS

New HAJ and UMRA policy with fees announced

Exports of edible goods textile and other sectors decreased

FTA offered to Germany with regard to tariff

Concern expressed on installed scanners taking system

Stone laying ceremony of Karachi chamber new building will held today


TMA HEAD OFFICE 

DATE: 2016 September 22

DAWN NEWS

Leaks reveal another 150 Pakistanis own offshore firms

Chasing bad money

Govt raises almost Rs1 trillion revenue from oil, gas consumers

Exports of clothing, textiles dip

Committee on real estate proposed

‘Zero load-shedding at industrial estates a priority’

Packaging industry decries input tax

THE NEWS

Offshore club expands as Bahamas Leaks names 150 more Pakistanis

Ombudsman orders depts to redress public grievances in 15 days

Names of companies appearing in Bahamas Leaks

‘Water theft an organised enterprise in Karachi’

FBR fully empowered to make property valuation

C/A deficit widens 92pc in July- August

Textile exports fall to $2.071bln in two months of FY16/17

‘Remittances to India recorded at $116,000 in FY16’

Monetary policy on Sept 24

Growth acceleration not possible without improving savings rate, exports

FTA talks with Korea next year

Concessionary sales tax allowed

Industrialists are backbone of economy, says Ebad

B RECORDER

Factory closures: over 0.5 million jobs lost in two years

C/A deficit

Minister lauds ILO's role in elimination of child labour

Filing tax returns: Smeda initiates capacity building of SMEs

FBR issues 212 SROs

Effective regulation of real estate sector: SECP-SBP body to make Recommendations

SBP refutes report of $4.9 billion remittance flow to India

Monetary Policy on Saturday

DAILY JANG

Monetary Policy will be announced on 24th September.

SRO with regard to amendment in income tax rules 2002 issued

DAILY EXPRESS

1st time Umra will be free for 2nd umra 2 thousand riyal fee to be paid

Atmosphere favourable in Sindh to establish industries. Governor

Committee formed to regulate real estate.

Dialogue on F.T.A with Korea will begin in 1st quarter of 2017

Monetary Policy will be announced on Saturday

Decision to register Pakistani products at international level


TMA HEAD OFFICE 

DATE: 2016 September 21

DAWN NEWS

Taxes on property

FDI drops 128pc in two months

India-Pakistan tension spooks business community

Extension of due date for SSGC industrial customers 

.THE NEWS

FBR mulling over amnesty for owners of offshore companies

FBR issues procedure for zero-rating on fuel purchase

Banks bet on private sector after govt shifts to SBP

FDI falls 53 percent in July-August

Govt to set market-based coal power tariffs after October

Centre has to change attitude on provincial rights: minister

B RECORDER

Supply of FO, diesel oil and coal: FBR to withdraw ST zero-rating facility

GST on POL products yields Rs 214 billion in July-April

Industrialists are backbone of economy: Ebad

'Fate of deferred refund cases should be decided once and for all'

PBIF chief condemns Indian art silk export via UAE

Dar's unwarranted optimism?

Central bank independence

E-transfer of GST refunds from October 2017

DAILY JANG

Industrialists are the back bone in economy governor Sindh

Pak-Turkey trade will become double through FTA Arshad Farooq   

Arsshad Farooq becomes acting president of FPCCI

SRB set 30th September filing date of monthly sales tax return

Amnesty scheme likely for brining assets from abroad politician bureaucrats are not covered

CNG stations to remain closed today in Sindh

Target of rs 228 billion fixed for national savings scheme    

DAILY EXPRESS

KE extended date of payment bills

Unemployment can be overcome through industrialization Manzoor wassan

Foreign direct investment reduced by 53%

Centre is distributing gas of Sindh to other provinces Wassan

Pak-Turkey trade will become double through FTA


TMA HEAD OFFICE 

DATE: 2016 September 20

DAWN NEWS

Dar’s dominance

Spring Fair Birmingham- United Kingdom February 05-09, 2017

Pakistan Single Country Exhibition 13-15 January 2017 at BMICH, Colombo, Sri Lanka 

.THE NEWS

Pakistan exits IMF programme by September-end

FBR eyes Rs654bln revenue collection in July-Sept

Govt borrows Rs704bln from SBP

Ministry optimistic about smooth gas supply in winter

Corrective measures to boost FDI: OICCI

Pak-Bahrain business conference on September 25

Kati members elected unopposed

Sector-specific promotion councils must to boost exports

B RECORDER

A quick word on GSP plus

Tax convention with OECD to take effect from fiscal year 2018

Performance of the banking sector

Businessmen Forum retains grip over KP Chamber

TDAP rejects report

Income tax returns: LCCI wants date Extension

NTU to organise national conference on 'technical textiles'

Bill payments: KE extends deadline

Towel export falls by 16.20 percent

FPCCI chief condemns Riaz Khattak's Statement

TDAP to launch 146 exhibitions during this year

First Pak-Bahrain business conference on 25th: Javed Malik

DAILY JANG

Road checking begins from today nonpaying road vehicle tax

70% industries of art silk have be closed in Pakistan

TDAP has become corruption free and business friendlier

Pakistan embassy in Bahrain will organize 1st trade conference 25th September

UBG works to achieve its goal

Date is extended till 31st December to file income tax returns

Restriction abolished to perform UMRAH in Shawal and Muharram 

DAILY EXPRESS

Police report of Baldia tragedy dismissed summon order issued to factory owner

Banking relation with Iran will be established till December

Pakistan decides to organize trade conference in Bahrain

Criticism on TDAP is exaggeration

Executive members of KATI elected unanimously

Income tax free for 5 years for establishing industries on KP


TMA HEAD OFFICE 

DATE: 2016 September 19

DAWN NEWS

Alvi unsure about effectiveness of OECD convention

“AD” Ministry of Commerce   

Tax convention

Tax return a misnomer

Economic report card, yea or nay?

‘Failure’ of research to uplift cotton

.THE NEWS

The OECD agreement

Pakistan-Bahrain business conference on 25th: Javed Malik

B RECORDER

MoF manipulated debt sustainability data in Survey

Export slide: Ministry''s proposals to have revenue implications

China-Pakistan Economic Corridor: SMEDA formulates strategy to exploit potentials: Alamgir

PEW for finalising FTA with Iran

TDAP accused of squandering billions of rupees on exhibitions

Economic indicators in the right direction?

Texworld Exhibition in Paris: textile products attract thousands

"AD" All Pakistan Textile Mills Association 

DAILY JANG

NEPRA will hold public hearing on 27th and 28th September with regard to continue new or old tariff

;DAILY EXPRESS

Textile sector irrecoverable loan reached to Rs 197 billion

Stressed to improve distribution system of electricity

Decision to lift ban of gas industrial connections

UBG resignations deferred till nest meeting

Candidates of Lahore chamber election become active


TMA HEAD OFFICE 

DATE: 2016 September 18

DAWN NEWS

Banks’ performance

Economic policy

No fresh borrowing: private sector retiring loans

‘Non-tariff barriers hampering trade in South Asia’

.THE NEWS

Pakistan can access 15 years data of offshore accounts

B RECORDER

UBG Sindh body discusses upcoming FPCCI election

Lower credit demand likely in Q3

LCCI president urges government to establish cottage city

Tax returns: date extended

DAILY JANG

K-Electric public hearing to fix tariff for 10 years will be held on 27th -28th September 2016

DAILY EXPRESS

Appointment and transfer Hassan Iqbal posted secretary Textile Industry

Issue of excise duty on crude oil recommended for taking up in nest CCI meeting

GSP+ exports to UK increased bilateral trade increased by 2 billion Euros

Decision taken to sign agreement with Hungary for enhancing trade

30 officials including deputy and assistant collector of customs transferred 


TMA HEAD OFFICE 

DATE: 2016 September 17

DAWN NEWS

Dar asks France to lift travel advisory to facilitate investors

Senate committee prefers FBR to State Bank for property Valuation

FPCCI calls for implementation of GI protection law

.THE NEWS

India remains second-largest internet Market

French team keen to strengthen trade Ties

ICCI for revising FTAs, PTAs to improve trade

FPCCI slams govt for not implementing protection laws

B RECORDER

Property valuation Over Rs seven trillion 'black money' to be brought into tax net: FBR Member

Property valuation tables: There's no federal intervention, FBR chief tells Senators

FPCCI seeks early implementation of GIPL

The pittance paid as income tax

French businessmen to visit Pakistan next Year

LCCI elections: Progressive Group launches campaign

System glitches: taxpayers unlikely to meet e-filing deadline

DAILY JANG

Senate committee recommends forming board, committee for valuation of property

Clearance certificate of dues from water board made mandatory for sale and purchase of property

Fixation of property price

FPCCI seeks early implementation of GIPL

Consumer gets relief of Rs 2.49 paisa per unit in fuel price adjustment

DAILY EXPRESS

Purchase and sale of property linked with certificate of water board

Main purpose of property valuation to bring black money into economic mainstream

FBR decided to introduced separate logos of its subordinate department

FPCCI seeks early implementation of GIPL

Resigned from UBG on personal engagement Yahya Polani


TMA HEAD OFFICE 

DATE: 2016 September 16

DAWN NEWS

Islamic banking

The secular decline in exports

SBP’s flawed assessment

Indo-Pak trade

Deadline extended

Reserves dip

Pakistan signs OECD convention to fight tax avoidance

Poor exports blamed on low investment

.THE NEWS

Pakistan’s equity market beats Chinese, Indian markets

Pakistan, OECD sign multilateral convention on tax matters

LHC issues notice to federal govt on TV fee

Audit of 3,200 high net-worth individuals on cards

SBP directives on succession certificate verification

Forex reserves slip

FBR extends date

Quaid-e-Azam Apparel Park to export $3-4 billion annually

Last date extended

Businesses designed to help poor in India attracting overseas investors

B RECORDER

Pakistan, OECD ink convention on tax Matters

'UBG to present economic revival plan to government soon'

Competitiveness on regional matrix: Textile exports Drop

Landmark SC Judgement: No taxation by Executive

LCCI polls 2016: 'traders from 25 big markets to support LBF'

GST, FED returnsL: date for submission extended to September 23

SRB extends date of e-filing of tax returns

Succession certificate: SBP names authority for verification

TRADE DELEGATION TO MAURITIUS OCTOBER 20-25, 2016

DAILY JANG

Forex reserves slip

Resignations of few members are not due to difference in UBG Glzar Firoz


TMA HEAD OFFICE 

DATE: 2016 September 10

DAWN NEWS

Of rich legislators & poor taxpayers

Customs offices open today

‘Suspension of kerosene supply hurting industry’

Call to ban factories private audit and certification companies

.THE NEWS

Child at work

Bad bargain

The Pakistani character

Govt publishes Tax Directory 2015

Call to mark Sept 11 as Workers’ Safety Day

Revenue board opens taxpayers’ data for property registrars

Exports down 9.35pc, imports up 13.91pc in August

KCCI, Chinese entrepreneurs sign Agreement

Child Labour Survey to be completed by September 15

FPCCI concerned over fall in FDI

Export units allowed zero-rating

Kerosene supply to industries urged

Cotton USA to support fashion

B RECORDER

Sardonic comment on tax culture: 26 MPs paid no tax

Dar says number of taxpayers has soared

More taxpayers file returns

Tax directory reveals names of top corporate taxpayers

Clearing of financial instruments: SBP issues special instructions

KCCI, Tinajin Trade Corporation sign MMC

COTTON USA offering sourcing support at Texworld

LCCI demands restoration of kerosene oil supply to industry

Eid holidays: FBR urged to extend date for WHT payment

APBUMA elects office-bearers

Exporters underscore need for Pak-Russian banking channel

DAILY JANG

Afghanistan put ban on Pakistans trade car van entoute to central Asian countries

KCCI, Chinese entrepreneurs sign Agreement

Decision taken to continue supply of gas to cng stations during eid holidays

DAILY EXPRESS

All cng stations will remain open from 10th September till eid holidays

Provinces should be taken on board with regard to verification of invoice

Customs of files will remain open today clearance facilities will be available on 15th September as well


TMA HEAD OFFICE 

DATE: 2016 September 09

DAWN NEWS

Rs321bn raised from fuel taxes in FY16

Cotton acreage drops 16pc

New companies law soon: Dar

Extension for tax payment sought

Multi-language promoters’ guides to attract foreign investors

Commodities: Cotton price down despite strong demand

Concern expressed over low trade among OIC nations

SC orders closure of hydrants across city

.THE NEWS

Country witnessing inflow, not outflow, of capital: Nawaz

Absence from meeting: PAC issues summons for five dept heads

SC orders all illegal hydrants be shut forthwith

Grace Shelton assumes charge as US CG

Fate of 11 members hangs in balance

Forex reserves decline

SECP issues promoters’ guides in six foreign languages

Financially strong women guarantee rapid economic development: FPCCI

‘APBF for ways to restore investors confidence’

PCJCCI proposes revised tax reforms

China vows to promote trade relations with Pakistan

Consumer protection still a farce in Pakistan

B RECORDER

Tax authorities-Tug of war?

TY15: FBR likely to issue tax directory Today

LCCI seminar: all efforts on to exploit vast mineral resources: minister

Business opportunities: Pakistan should send fact-finding missions to OIC countries: SVP FPCCI

KTBA for extending date of depositing Taxes

Increase in power tariff: JI opposes K-E's Demand

Islamic mode of financing

Musharika, Modaraba and Wakalah: three modes of Islamic financing given exemption from Kibor

Bank holidays

DAILY JANG

SBP issued quarterly banking report on banking

Foreign exchange declined from $23bln

Promoters guide issued in 6 international languages

Foregn trade between OIC stands up to 16% 

Economy improved due to hard decision

Consumers strongly salam on price increase of 56 paisa per unit by NEPRA

DAILY EXPRESS

Summon order issued to four officers not coming to PAC

Medicine to cure Malaria invented

Dead debts of banks increased quarterly profit decreased

Guide line for foreign investors issued in different languages    

Foreign exchange reserves reduced

Action plan prepared to secure sea from wastage factories  


TMA HEAD OFFICE 

DATE: 2016 September 08

DAWN NEWS

SC rules against voluntary return of ill-gotten money

Chasing tax defaulters

A flawed child labour law

SBP governor’s take

FBR waives I-form condition for September

BHC grants stay order

Ordinances usurp authority of parliament: opposition

AD All Pakistan Textile Mills Association 

.THE NEWS

Dar censures Imran for defaming FBR chairman

Withholding tax gives rise to undocumented cash economy: SBP report

Pakistan petrol price lower than India

Economy to bearbrunt of decade-low cotton output this year

Customs designate officials to help filing import forms

Vehicle tax collection campaign from September 20

India to focus reforms on tax, banks, Infrastructure

Exporters awarded

B RECORDER

Export-oriented sectors MoC makes key recommendations

Prime Minister concerned at woefully low foreign investment

NTC chairman, members take charge

Saarc fastest growing region in world FPCCI

LCCI holds first-ever export trophy ceremony

Prime Minister may discuss textile industry issues with leadership today

Goods and services India has concurrent right of taxation compared to Pakistan Ferguson

Dar rejects Imrans allegations against FBR chief

DAILY JANG

Qasim Niaz chairman national tariff commission Abdul Khaliq, Rubina Athar, Tipu Sultan, Saima Khattak will be members summary sent to prime minister

Comparative statement of POL prices in region summited in national assembly

Action against vehicle owner of tax default will begin from 20th September

Centre should organize awareness programme on property valuation  

Withholding tax gives rise to undocumented cash economy: SBP report

DAILY EXPRESS

Ministry of finance sought detailed information of national saving investors

Huge blockade of container expected at port on EID UL AZHA

SAARC countries should focus on development instead of poverty

FPCCI Lahore will hold seminar today on CEPEC

Name of Qasim Niaz proposed for Chairman NTC   


TMA HEAD OFFICE 

DATE: 2016 September 07

DAWN NEWS

Over 36,000 tax defaulters detected this year, Senate told

Mounting complaints at FIA: LEAs unsure about role in cyber crime law

Nawaz for enhanced trade ties with Senegal

Three-day holiday for Eidul Azha

Taxing poor

FBR plays with figures to prove low tax impact on POL Products

ADB extends business plan for Pakistan

ABAD for educating registration officers about valuation

Dubai rolls out property projects despite falling prices

LPG price raised by Rs5 a kg

.THE NEWS

Provinces agree on bringing ninth NFC Award without census

Senators seek details of Rs360 bn loans obtained from NBP

Khursheed flays govt for not lowering POL prices

PM for boosting Pakistan-Senegal Trade

Dar to sign OECD’s accord on tax matters on Sept 14

Pakistan, Senegal agree to boost defence, trade ties

SBP for hassle-free ATM services during Eid holidays

FBR may extend statement filing date

Property valuation awareness sought

B RECORDER

Provinces seek more taxation powers

Notices to shell companies' owners: legal experts suggest increased penalty for no reply

Export of readymade garments declines in July

Energy cost for textile mills in Punjab soars to Rs 10

Decline in textile exports a matter of concern: FCCI chief

PBIF demands construction of new dams Promptly

Our beleaguered manufacturing sector

Karachi's energy demand

Production of records: FTO bars tax officials from forcing businessmen

Matters under garb of maladministration: FTO has no jurisdiction to probe: President

Cotton output estimates cut to 11.27 million bales

Panam Papers: notices galore

DAILY JANG

Electric tariff enhanced by 0.36 paisa per unit for K-electric consumer’s notification issued

Visit to Karachi chamber was for promoting trade ties shock on canceling visit Indian high commissioner

Sales tax on POL products is lowest in comparison to 2013 FBR clarify

Foreign investor is keen to liken to invest in Pakistan

Special banking services be provided SBP

Violation of 1984 ordinance SECP issued 45 show cause notice

All Pakistan women federation chamber of commerce formed

Instruction to remove logo of NAB from CNIC documents

Male started taking more interest in domestic work new research 

DAILY EXPRESS

3rd increase in prices of LPG within 3 days

All Pakistan women federation chamber of commerce formed

Special arrangement during eid holidays for banking services

Valuation of property documentation decreased to 20%

Adjustment of sales tax on Pol products done in the interest of consumer FBRs unique logic

Export zone being established in Sukkur Faisalabad  


TMA HEAD OFFICE 

DATE: 2016 September 06

DAWN NEWS

Dar announces road map to promote Islamic financing

.THE NEWS

Politics behind FBR’s notices to owners of offshore companies

FBR claims are in contradiction with Reality

Provinces united against CGT on real Estate

FBR, Punjab likely to strike deal on input adjustment claims

Water emergency

FPCCI concerned over dwindling Exports

UAE introduces bankruptcy law

Reforms useless if elite remains Unaccountable

B RECORDER

Members of NTC: Ministry recommends five names to PM

Electronic I form hurts trade, imports: KATI

Electronic Import Form Module launched in WeBOC

Islamic finance an alternative to conventional financial system?

Islamic banking a growing reality: Wathra

Foreign investor links investment to law, Order

UAE introduces much-awaited bankruptcy Law

Draft Companies Bill, 2016: SECP explains salient features

SMEs urged to avail SBP's Export Finance  Scheme

Dastgir, Prime Minister discuss proposals on reducing cost of doing business

Purchase of immovable property: FBR issued notice for rejecting exemption from WHT

DAILY JANG

Off shore companies investigation expanded corruption loan waived of will also be enquired

CEPEC security expenses electric consumers to be taxed 1%

Panama leaks notices issued by FBR contains contradiction

Banks will remain open on 10th September SBP

Finance and economic system will be framed according to Islamic principles Ishaq Dar

EIF module launched successfully SBP

Technical flaws in custom I form importer facing problems

Old design notes will not be legal tender from 1st December

Country cannot afford delay in construction of dams Mian Zahid

NFC meeting

Punjab input adjustment claim should be resolved through Sindh formula     

DAILY EXPRESS

Economic growth will be increased by 7% within 2 years

All commercial banks and Microfinance bank will remain open on 10th September

Special company will be formed to handle tax refund

Request made to OGRA for 50000 urgent connections

Electronic I form introduced with consultation

Private sector will run ferry service between Iran and Dubai

Old design notes will not be legal tender from 1st December


TMA HEAD OFFICE 

DATE: 2016 September 05

DAWN NEWS

Financial corruption

The Chinese imprint

Waste disposal: whose job is it?

.THE NEWS

Stay Or Shift

B RECORDER

Public sector, autonomous bodies, DFIs: ECC revises re-lending interest rates down to 22 percent

FPCCI for clusters of cottage industry alongside CPEC

Give us electricity at Rs 8 per unit: MCCI Chief

Bed wear exports post 5.64 percent increase in July

A charitable view

A good decision!

Legitimate policy goals & uplift targets: Public sector companies bound to conduct business: SECP

DAILY JANG

7.50% GST raised on pol products from 1st September

DAILY EXPRESS

Mis declaration reached at 6 billion dollar in Pak-China trade

Demand to fix minimum monthly salary of workers

Proposal to make NTC active from October hailed

% of sales tax increase on POL produces

Concrete steps are taken to increase foreign exchange 


TMA HEAD OFFICE 

DATE: 2016 September 04

DAWN NEWS

FBR finally wakes up to Panama Papers scam

Fake note at bank

.THE NEWS

FBR sends notices to owners of 600 offshore companies

Annual tax directory likely to be published next week

Water emergency

Pension problems

Chinese imports hurt local manufacturing sectors

Withholding tax collection grows 20pc to Rs831bln

Old banknotes cease to be legal tender from Dec 1

Govt needs to realign policies to reverse exports fall

Sindh not to support shelving textile city project

B RECORDER

Panama Papers: FBR issues notices to PM''s children

15-day deadline set for replies: FBR chief

Cotton production estimates may be revised downward

Pakistani workers in KSA: permanent fall of $2 billion in remittances feared

Massive under-invoicing in imports still unabated: PBC

Chairman UBG for jointly highlighting Issues

Dar to chair SECP's seminar on Companies Bill 2016

Make payment of taxes less cumbersome: LCCI Senior VP

US envoy visits APTMA office

Comments on Tax Laws (Amendment) Ordinance, 2016

DAILY JANG

FBR too action on PANAMA leaks

DAILY EXPRESS

FBR issued letter to 600 individuals including Sharif Family on PANAMA Papers

Sind Govt should take out political uniform from police BMG

Sindh govt liked to launch network of industries in province Wasan

Business community should come under UBG flag Iftikhar Malik


TMA HEAD OFFICE 

DATE: 2016 September 03

DAWN NEWS

Eidul Azha on Sept 13

SBP governor’s take

Senate body to consult stakeholders on gas cess

FBR asked to defer e-filing of goods declaration

Nepra to set up help desk at LCCI soon

Plan developed to cut gender pay gap to 10pc

.THE NEWS

IT Ordinance amended to encourage Islamic financial system

Dropbox hacked, 68 million passwords Leaked

Gender wage-gap to be reduced to 10pc in next three years

Dubai debuts driverless minibus

Electronic import form impedes goods Clearance

FBR slaps 25 percent tax on Sukuk Investment

B RECORDER

KATI chief for expediting infrastructure development in Sindh

MCCI chief opposes account freeze without prior notice

Nepra to set up 'help desk' to facilitate business community

Many Asian countries including Pakistan may face Zika risk

Special economic zones

Gas supply to remain suspended in parts of Karachi

Rs 100 billion dues against consumers: Senate body decides to consult all Stakeholders

FDI slide: Where is BoI?

Services: Tax levied to be provincial ST for purpose of input tax: FBR 

Importers in trouble due to lack of knowledge about EIF

DAILY JANG

Using CNIC of others for Mobile SIM is a crime supreme court

Exports remittances foreign investment is on declining trend Main Zahid

Old mobile phone are most valuable than your imagination  

DAILY EXPRESS

CEPEC officials failed to PACIFY special committee on gas infrastructure cell bill  

Alarming increase in imports smuggling

Appeal not to impose electronic form fling henceforth 


TMA HEAD OFFICE 

DATE: 2016 September 02

DAWN NEWS

Govt made Rs100bn from POL tax hike: Khurshid

Expats with old passports to face mobility restrictions

Pakistan, Turkey to remove duty on 85pc tariff lines

Reserves fall to $23.04bn

Cotton price lower

Footprints: No end to water crisis

.THE NEWS

Senate body on finance assails resurgence of circular debt

Over Rs 91.71 bn loans, the most in the history of country, written off in Musharraf’s era

Economy showed remarkable growth in past three years: SBP

Forex reserves ease by $43 million

Property revaluation shifts investment out of Pakistan

Pak-Turkey FTA likely to get rid of 85pc tariffs

World Islamic Finance Forum from Sept 5

Government must ensure implementation of minimum wage

B RECORDER

Economy doing well: SBP governor

'Aalishan Pakistan': TDAP refutes news of cancellation of exhibition

Company secretaries: SECP seeks expanded role, responsibilities

Income tax return forms: FBR urged to remove discrepancies

Reduction in sowing area by 16 percent: APTMA foresees import of $1.3 billion Cotton

Senate body criticises increase in electricity prices

Electronic I-Form: LCCI urges government to defer implementation till December

DAILY JANG

Export refund to be released assured Ishaq Dar

Conferment of Awards on Mr Shabir Ahmed by French Govt

AALISHAN exhibition postponed not cancelled TDAP

Forex reserves reduced by 4 crore 25 lac dollar

Home textile exhibition at Shanghai Received overwhelming response

DAILY EXPRESS

India will grant residence visa to investors investing 15 lac dollar in India Pakistan China excluded

Action begins against evasion of tax in real estate sector

4th round completed on Pak Turkey FTA

Forex reserves decline

Islamic finance forum will be held on 6th September at Karachi


TMA HEAD OFFICE 

DATE: 2016 September 01

DAWN NEWS

FBR asked to extend tax filing deadline to Sept 30

.THE NEWS

Cabinet approves new inquiry bill

11 cement companies in India fined Rs 6,700 crore

Domestic debt, liabilities up by 80pc in three years

Revealed: The world’s most powerful Passports

Early bed time could be warning sign for men

India growth slows sharply to 7.1pc in April-June quarter

FBR freezes K-Electric bank accounts

Saving schemes fetch Rs18.231bln in July

FTAs fail to boost exports, hit manufacturing sector: PBC

FBR may extend returns deadline

LCCI asks FBR to review SRO

Govt urged to revoke property tables

Govt advised to focus on regional trade deals

B RECORDER

Sales tax input adjustment: Ordinance approved by Cabinet

FPCCI body urges China to provide 'on arrival' visa facility

Alishan Pakistan Expo: India declines visas to organisers, participants

LCCI elections: LBF to approach LHC against bogus votes

Motor spirit: FBR increases ST to 20 Percent

Nepra fails to address complaints of KElectric's Consumers

Don't freeze bank accounts, FPCCI asks FBR

Dar urged to withdraw tables of property Valuations

Dar's over-optimism

IT returns/statements: Dates extended

Pharma packing materials: SHC restrains collectors from charging GST on supplies

DAILY JANG

Tax directory will be published soon

Mismanagement of TDAP

Old property valuation law be restored Younus Bashir

Indian Govt raised POL prices 

DAILY EXPRESS

Cabinet meeting

Sales tax on POL products increased by 7.50%

Pakistan business council demands critical review of CEPEC

KCCI expressed dissatisfaction of new value of issues

FBR recognized PARAL govt owned

Bangladesh refuses to grant visas to Pakistani investors