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News Clipping - Archives December 2016


TMA HEAD OFFICE 

DATE: 2016 December 31

DAWN NEWS

Optimising FDI

App-based taxis

Higher deficit, low revenue challenge economic growth: SBP

NA body voices concern over falling exports

Indian cash overhaul deadline passes

Defence, Clifton residents likely to suffer inconvenience on New Years Eve

Defence, Clifton residents likely to suffer inconvenience on

S.S.G.C.L “AD” GAS SUPPLY CLOSURE EVERY SUNDAY INDUSTRIAL AND CAPTIVE POWER

THE NEWS

‘Pak stock market fifth best in world’

Power sector gets 35pc cut in gas tariff

At long last, rains on the way?

Decline in exports

SBP widens view of 2016/17 fiscal,  current account deficits

Indians line up at banks to deposit savings or see them disappear

Sindh govt urged to end corruption, nepotism in labour institutions

B RECORDER

Inflation expected to remain within target

Senate body concerned at blocked CNICs of genuine citizens

Survey reveals 75 percent decline in overseas realty buyers

KTBA seeks extension in tax return deadline

Machinery imports soar to 43.33 percent in 2016

FCCI urges government to announce textile package, enhance rebate

Tax amnesty for all requested by Senate

UBG sweeps FPCCI elections

DAILY JANG

Pakistan stock market ranks at 05 of the best world market inflation and trade deficit increased

Pakistan export sharply declining agriculture Production increased.

Gas price reduced by Rs.200 MMBTU for priding cheap electricity to Industries.

India last day to exchange note.

F.P.C.C.I election. upset for U.B.G Zubair elected president. Saqib Nisar along with 3   assistant vice president of business men panel declared successful.

Chairman F.B.R appointed 47 Inland Revenue officer as assistant commissioner  

DAILY EXPRESS

President F.P.C.C.I be given status of Dy. Prime minister

Marketing companies enhanced price of LPG by Rs.10/Per Kg.

Tax collected less than expectation large scale manufacturing performance remains poor S.B.P

Exports declining speedily


TMA HEAD OFFICE 

DATE: 2016 December 30

DAWN NEWS

British research on liver

Regulator proposes up to Rs7 a litre increase in POL prices

Senate committee clears Benami Transactions Bill 2016

Indian PM says demonetisation will spur economy

Baby boom after China ends one-child rule

Minister attempts to end ‘go-slow’ at port

CNG prices go up to Rs70-71 per kg after deregulation 

THE NEWS

Ogra seeks raise in prices of petroleum products for January 2017

Russia to install 60 LPG AirMix plants in Pakistan

CNG prices hiked by up to Rs3.5 per kg in Sindh

Bill Gates remains richest man in world in 2016 list of billionaires

Textile sector arrests downslide in 2016; yarn continues to post decline

Forex reserves up to $23.286bln

B RECORDER

Ministry takes control of Ogra

CNG price increased

32 percent increase in IT returns

Rs 6.93 per litre increase in fuel prices Likely

FPCCI elections today

UBG leaders see landslide victory in FPCCI elections

SCCI chief for clearing Rs 550 million tax refund, duty drawback claims

PTAA urges FBR to extend tax return Deadline

Rapacious rulers

Power sector crisis

Unraveling of Pakistan's economy

'Export or bust'

Its the linkages

DAILY JANG

CNG price enhanced approximately by Rs 2/ per KG

During 29 days in December record collection of revenue of Rs 290 billion

Forex reserves up to $23.286bln

US dollar Saudi Riyal, UAE Dirham Stable

Sharp increase in estate business due to amnesty Scheme

Blind faith on UBG of business community

Economic development and expected threats

DAILY EXPRESS

Summary ready to enhance Pol price by Rs 7/-

Extension in chairman FBRs tenure is difficult

Forex reserves up to $23.286bln

Realer estate amnesty

Selected branches and tax offices will remain open tomorrow

TMA HEAD OFFICE 

DATE: 2016 December 28

DAWN NEWS

Tax amnesty

Declining exports

Dastgir’s visit to Iran called off

Electricity price cut by Rs3.60

THE NEWS

Nepra reduces electricity price by Rs3.60 per unit

Downward spiral

Pakistan’s exports to Morocco up 81 percent in first quarter

MCCs to remain open for extended Hours

Commerce minister to discuss FTA in Iran visit

Govt urged for holistic approach to promote exports

Punjab governor meets LCCI chief 

B RECORDER

60-paisa increase in KE tariff

Aleem Lashari posted as SITE MD

PTEA urges Prime Minister to deliver on package promise

The way out of inequality

TDAP, a home no more

Non-filers' category: pensioners, widows and students have to pay high rates of WHT: experts

Forex troubles: Need a closer look

Bank Holiday

DAILY JANG

Federal govt borrowed Rs 20 trillion during October 2015 to October 2016 SBP

Pakistan’s exports to Morocco up 81 percent in first quarter

1 lac 96000 more tax return filed during 5 months and 27 days

Pre bargain be abolished and introduced new law 

Import of cotton from India only will be through container plant protection department

DAILY EXPRESS

Wok started to collect tax information from abroad

FPCCI will release report today on CEPEC

Permission to bring Indian cotton in containers

Anti-dumping cases are being resolved on priority chairman NTC 


TMA HEAD OFFICE 

DATE: 2016 December 27

DAWN NEWS

Rs5,000 note not being withdrawn, says govt

PTCL cable cuts cause internet, cellular breakdown

Forum urges ECO countries to adopt trade promotion strategy

SECP revamps incorporations

India’s crackdown on ‘benami’ properties can help clean up sector

Bangladesh garment factories reopen

THE NEWS

Shahbaz also against plea bargain

Ministry, Senate body rubbish rumours of Rs5,000 note withdrawal

US wants to further enhance trade with Pakistan: envoy

Govt mulls to raise tax exemption limit for lower income group in next budget

EU advises Pakistan for more valueadded exports

Dar says economy to stay on track

India’s Modi eyes real estate assets in drive against graft

China to reduce tariff for Pakistan

B RECORDER

Nepra to approve Rs 3.60 per unit refund of Discos

All economic indicators moving in right direction: Dar

SECP revamps operations at three major offices

Government not mulling demonetising Rs 5,000 note

UBG group urges government to cut electricity, gas tariffs

Government urged to focus on trade with CSA: MCCI

CDNS announces upward revision in profit rates

Provision of plea bargain not unconstitutional: Chairman NAB

Consumers suffer as SNGPL faces huge gas shortfall

Duty on yarn kept at five percent to prop up textile industry

Slowdown of manufacturing

DAILY JANG

Issue of tax on import and export goods between China and Pakistan resolved.

S.E.C.P introduced reforms in company’s registration form

Customs collector west increased examination staff.

DAILY EXPRESS

Rs.5,000/- Note is not being demonized.

Rs.5,000/- Note is not being demonized.

Recommendation not made to demonize Rs.5000/- Note Salim Mandviwala

S.E.C.P introduced reforms in company’s registration form

Decision to introduce electronic sales tax refund payment system

Suit filed against importer on mis declaration and caused loss to exchequer of Rs.3.25 crore.


TMA HEAD OFFICE 

DATE: 2016 December 26

DAWN NEWS

FBR told to prepare plan for increasing direct taxes collection

Dar asks SBP to investigate Rs1.5bn fraud in NBP

A broken bone

Direct taxes in indirect mode

THE NEWS

Winter crisis

Dar reviews measures to increase direct taxes

Embracing A Brighter Future

B RECORDER

Dar reviews steps towards increasing direct tax collection

'Red alert' issued against polyester company for 'tax fraud'

The widening C/A deficit

DAILY JANG

Voluntarily tax payers and filers be given facilities finance minister

Water board will built its own power house

During 177 days of 1st fiscal year collection of sales tax reducing continuously

One time amnesty is not under consideration to bring back capital in country

DAILY EXPRESS

Reforms being introduced for corporates sector dar

Foreign loan is more than 350% in democratic govt than Mushraf regime

During present regime foreign loan worth 35 trillion executed

Pakistans cotton price reduced after sale agreement with India

China reduced duty on imports

218 companies to take part in Franf Furt fair  


TMA HEAD OFFICE 

DATE: 2016 December 25

DAWN NEWS

“AD” SBP

Uncertainty about Rs5,000 notes heats up gold market

Govt reluctant to burden gas consumers with price hike

Modi says won’t hesitate on tough economic decisions

THE NEWS

Pakistani businessmen invited to attend Iranian exhibition

Pakistan-Turkey FTA negotiations make further progress

Middle East chase after tax evaders to drive foreign inflows

B RECORDER

Sale of Abraaj Consortium's stake in KElectric to Shanghai Electric Power

'Financial access a key driver in developing SME sector'

Businessmen invited to 'Aleeshan Pakistan' expo in Tehran

Rise in cotton output likely

DAILY EXPRESS

Crore of Rupees spent on CEPEC 1st trade caravan while income is zero

Dialogue on Pak-Iran FTA will be held on 27th December commerce minister will visit Tehran

Tax offices will remain open 31st December till 10:00Pm

TDAP recommends deduction of tax on net export proceeds

Cotton prices in country reduced after allowing import from India

Ginners opposed low duty on import of cotton 


TMA HEAD OFFICE 

DATE: 2016 December 24

DAWN NEWS

PHC stays increase in gas tariff for industrial units

Tax rates for non-filers to go up: FBR

Regulatory bodies given to ministries as per court verdicts: govt

Discos to observe long shutdowns, loadshedding

S.S.G.C.L “AD” 

THE NEWS

Class VI student moves IHC against theft of speech script

PPL eyes 50tcf tight gas reserves in Gambat

Fresh policy push must for underperforming sectors of economy

Pakistan, Malaysia negotiating cut in duties on tariff lines

‘Pakistan extends MFN status to WTO members except India’

‘Trade issues not resolved’

‘Pakistanis suffer a stroke 10 years earlier than people elsewhere’

B RECORDER

Candidates nominated for upcoming FPCCI election

K-Electric joins hands with HabibMetro Bank

Plea bargain only option to get back public money: DG NAB

Letting off the big thief

Trade with India in Pakistan''s interest, Senate told

DAILY JANG

14 New W.T.O Members granted status of favorite country to Pakistan Khurram Dastgir

US Dollar stable, U.K, Pound depreciated euros value increased

DAILY EXPRESS

Ban on trade with India not in country’s favour. Khurram Dastgir

Tax rate for non-fillers will enhanced more in next budget. Chairman. F.B.R


TMA HEAD OFFICE 

DATE: 2016 December 23

DAWN NEWS

Business council with Uzbekistan proposed

Reserves dip $163m

‘FBR, businessmen are not adversaries’

KE management told to improve supply, cut tariff

THE NEWS

Non-filers likely to bear additional tax after ATL notification

SBP issues guidelines on suspicious Transactions

Forex reserves fall to $23.13bln

Unproductive informal units provide greater employment

Child slavery ‘shocking’ in India’s spinning mills

FBR assures traders

FPCCI asks govt to boost remittances

B RECORDER

Duty/tax collection: banks to stay open on December 31

Forex reserves fall by $163 million

New K-E management must reduce tariff and invest in system: CM

BMG will neither contest nor support anybody in FPCCI polls: Teli

MoC chalks out Central Asia-focused trade promotion plan: Dastgir

'Pakistan, Malaysia contemplating further cut in duties under FTA'

Genuine grievances of businessmen to be addressed: FBR chief

Businessmen concerned over economic Situation

Branchless banking agents: WHT exemption on cash withdrawals may be discussed today

Regulators losing their gloss

'Pakistan's labour costs lower than India's and China's,' says Lead Economist, World Bank, South Asia Region

Dozens of Bangladesh factories close as workers strike

Dar for improving ease of doing business

Textile: Punjab vs Sindh

Demonetisation in Pakistan?

DAILY JANG

Govt decided to abolish weekly holiday in al govt departments

Forex reserves fall to $23.13bln

Inauguration of Phase 1 development program in SITE super highway industrial area 

Important meeting with regard to finance division held

Price of electric tariff and pol products be not increased 

DAILY EXPRESS

Reserves dip $163m

Traders asked to raise tax issues with provincial govt chairman FBR

US Dollars stand at Rs 108.60 paisa

21 members Chinese delegation of industrialist reached Islamabad 

218 Pakistani companies to take part in HIMTEXTILE 


TMA HEAD OFFICE 

DATE: 2016 December 22

DAWN NEWS

Bureaucrat facing Rs40bn corruption charges ‘cleared’

Govt under fire in Senate for placing regulators under ministries

11 secretaries transferred in bureaucracy shake-up

Regulatory capture?

The five-thousand-rupee question

Debt servicing eats up 66pc of tax money

Discos, except KE, seek tariff cut by Rs3.6/unit for November

FBR rules out extension in return filing deadline

THE NEWS

Rid of regulation?

‘Cotton import from India to destroy local growers’

Pakistan’s economy fails to benefit from FTAs: PBC

Senate ratifies changes in Companies Bill

Russia’s support for CPEC irks India

Sindh to involve police, rangers to free 1,100 acres industrial land

B RECORDER

MCCI SVP terms SME sector backbone of economy

EOBI will be devolved only after court's verdict, Senate told

APBF lauds decision to increase trade with Italy

218 exhibitors will participate in Heimtextil Fair

Speaker NA vows to resolve all issues of businessmen

APTMA urges PM to announce textile package

Customs values of synthetic soda ash fixed

FPCCI electoral group concerned on dismal economic situation

No extension in date for filing tax returns?

Petrol prices may be increased up to 3.50 per litre

DAILY JANG

Electric tariff will be reduced by Rs.3.60 per unit

P.O.L products prices will be increased from 1st January.

C.N.G prices will be reduced due to de-regularization.

November export of textile items in creased by 10%

Good proposals will be given to govt after being elected Zubair Tufail

Need to control falling exports P.B.G

KATI leaders supports U.B.G

C.N.G prices public reaction.

Shifting of State Bank departments to strengthen  regional offices law minister.

DAILY EXPRESS

New Year gift P.O.L products likely to be increased by Rs.2/-

Electric tariff likely to be reduced by Rs.3.60 per unit.

C.N.G will be cheaper due to de regulation minister petroleum

Chinese companies shown interest in joint venture with textile sector


TMA HEAD OFFICE 

DATE: 2016 December 21

DAWN NEWS

Income tax?

Filers and non-filers

Textile exports grow 9.7pc

Current account deficit jumps by 91pc

LSM expanded 2pc in July-Oct

Property deals mount after tax amendment

PBC unveils agenda to reach consensus on economy

“AD” FBR 

THE NEWS

Govt empowers CNG owners to fix Prices

Planners must focus on revenue generation not foreign aid

LSM posts 2.35pc growth in Oct

Govt permits conditional import of cotton from India

Current account gap widens 91 percent in July-November

CNG prices deregulation lauded

B RECORDER

July-November current account deficit up 91 percent

CNG prices deregulated

Inter-city transportation of POL products: Ministry may hold meeting on input tax adjustment today

'Government should not avoid meaningful reforms'

KCCI urges FBR to extend last date for filing tax returns

Catching on to trade ideals

'Competitiveness of apparel sector hit by high cost of doing business'

FPCCI holds first-ever Punjab-based awards ceremony today

Government slammed for placing regulatory bodies under line ministries

REAP urges SBP to give six-month Relaxation

Regulators lose their autonomy

Exports: Engineer, time to get into the boiler room

Pakistan, Iran to discuss FTA prospects

DAILY JANG

Govt empowered to CNG owner to fix prices OGRAs authorization eliminated notification issued

SBP opposed investigation of BENAMI accounts without permission

Tax organizations sought help from ministry of finance

Filing of income tax return date be extended up 31st December

Support to UBG continues in election 

Confluence of investor being restored after amendment in income tax bill

Import of cotton from India restored countrys cotton industrys economy future become bleak

Gazanfar Ali Khan Assumed charged of acting president of KATI   

DAILY EXPRESS

Pakistani businessmen should avail benefit of GSP+ us commercial counselor

KCCI also sought extension in filing income tax return


TMA HEAD OFFICE 

DATE: 2016 December 20

DAWN NEWS

Five regulatory bodies placed under ministries concerned

Senate proposes demonetisation of Rs5,000 notes

CSS danger alert

TDAP relevance?

Cotton output growth slows to 12.3pc

Banks asked to improve reporting system

621 firms enrolled in November

Deadline extension sought

‘UAEto invest more in Pakistan’

“Tariq Road Diversion Plan Phase-1”

THE NEWS

Regulatory bodies’ control given to Govt

Senate seeks withdrawal of Rs5,000 notes

FBR seeks ministry’s help to resolve returns filing issues

Serves notices to non-filers

India puts fresh curbs on deposits of banned notes

UAE keen to enhance investment in Pakistan

Cotton arrivals up 12pc, below revised target

Punjab unlikely to achieve eight percent growth

Aptma lauds Punjab CM

B RECORDER

Senate asks government to withdraw Rs 5,000 note

FPCCI acknowledges A D Khawaja's performance

Gas prices: APTMA lauds Shahbaz's support for averting disparity

Eligibility criteria for acquisition of listed company spelt out

Container backlog at KICT surges to 500

KTBA seeks tax return deadline extension

Business leader urges government not to sign more FTAs

KCCI president opposes peak-hour charges by K-E

Countering CLCuV

Many UAE companies keen to invest in Pakistan: Sheikh Nahyan

Ogra, Nepra among 5 regulators put under command of divisions/ministries

DAILY JANG

Demoneti’ze Rs.5000/- Note and give authority to approve budget senate

K. Electirc should avoid billing on basis of peak hours rate in day time Shamim Firpo

Measures be taken to reduce cost of exportable goods

S.E.C.P register 621 companies in November

Business is effecting due to grounding of container

Strict decision to be taken to simprove economic conditions P.B.G

Export of cotton reduced by 19.1% during October

Skilled manpower is being provide to Garment Industry  

DAILY EXPRESS

Resolution to demonetized Rs. 5,000/- Note

Rs. 5,000/- Note be remained in circulation F.P.C.C.I

Likely set back in economic system. Analysts

Audit exemption with drawn for salariedm employees to safeguard traders and Industrialists.

Decision to organize aalishan Pakistan exhibition in Iran

621 companies registered with S.E.C.P in last month

K. Electric should stop implementing peak hours rate K.C.C.I

Meeting on lasting developing target held in Karachi.


TMA HEAD OFFICE 

DATE: 2016 December 19

THE NEWS

Fiscal Transparency

B RECORDER

Recovery of money through bank account: notices issued

FBR can employ 330 IRA officers on enforcement activities

'We are concentrating in limited markets and with limited products' - Majyd Aziz, former President KCCI

Companies Ordinance 2016: Up in smoke

The FDI catastrophe

DAILY JANG

Govt taken decision to place companies ordnance through bill the parliament

PM expressed displeasure on delayed Pak-Turkey FTA

Artificial crisis of dollar

DAILY EXPRESS

PM expressed displeasure on delayed Pak-Turkey FTA

Seminar in Rawalpindi chamber on we-boc

Due to waste of gas price of gas to be enhanced Amja Latif

Faisalabad Mian Adress arranged dinner for traders. Zubair Tufial address participate via video conferencing   


TMA HEAD OFFICE 

DATE: 2016 December 18

DAWN NEWS

SNGPL cuts gas supply to fertiliser plant to meet increasing shortfall

Digital payments grew 29pc in 2015-16

Industrialists seek more trade bodies

Is TDAP losing its relevance?

Apex trade body demands another amnesty scheme

The FDI catastrophe

THE NEWS

Pakistan to exchange bank accountholders’ details with OECD

Misconduct at workplace takes toll on workers’ productivity

Govt to spend Rs20 billion to enhance exports in three years

Pakistan, Vietnam agree to strengthen trade relations

TDAP to hold trade fair in Sri Lanka

B RECORDER

K-E asks FBR to remove tax return Difficulties

APCAA hosts dinner for FPCCI election Candidates

FPCCI starts work on recommendations for amnesty scheme

Government support sought for modernization of industrial sector

Seminar on income tax held

International Trade Delegation Amman & Beirut April 2017

DAILY EXPRESS

Digital payments grew 29pc in 2015-16

Want to invest in Pakistan Vietnamese envoy

Trade with India strict action be adopted

Tax on subsidy new dispute between FBR and power companies

Tax bar warn to protest on not extending tax return date

US dollar become Rs 108/-

Amnesty scheme be introduced to bring secret investment in to economy

13 billion dollar trade defect of India

Customs agent supports UBG panel  


TMA HEAD OFFICE 

DATE: 2016 December 17

DAWN NEWS

UAE tax demands

Industrialists in Sindh flay reversal of gas price cut

SSGCL Gas Closure Notification

THE NEWS

Pakistani infant becomes youngest bone marrow donor in India

Forex firms record slowdown as dollar supply shrinks

Industries in Punjab bear power theft under price equalisation

Govt urged to tap Lebanese market

B RECORDER

LCCI for extending date for filing of tax return

FCCI takes step to deal with skilled workforce shortage challenge

Information about loan write-offs

Companies Law

Textile sector criticises government's move on gas prices, seek package

Dar constitutes sub-committee on taxation

DAILY JANG

Amjad Rajpar collector model custom collectorate Port Qasim and Abdul Moeed Dy. Director intelligence Faisalabad appointed.

Decision to carryout development work in 4 Industrial Zones of Karachi.

S.M. Munner barred to take part in F.P.C.C.I election activities.

Applications invited to take part in Shanghai Trade Fair up to 2nd January.

More than 16 billion taxes collected in various heads during October.

Big Cities of China are on way of progress.

World economy will continue to remain down ward in next year as well.

P.O.L products prices increased in India.

DAILY EXPRESS

Lahore Chamber demands extension in filing date of Tax Return


TMA HEAD OFFICE 

DATE: 2016 December 16

DAWN NEWS

Situationer: Pakistanis quiver as UAE demands tax information

Punjab likely to privatise driving licence

Govt takes back 33pc cut in gas prices for industry

FDI falls 45pc to $460m

Senate strikes down Companies Ordinance

Reserves decline

Unified gas tariff sought

Multilateral system to resolve investment disputes proposed

India’s brand new banknotes are already being used for corruption

THE NEWS

INERTEXTILE SHANGHAI APPARELS & FABRICS SHANGHAI-CHINA MARCH 15-17, 2017

FDI falls 45.2 percent to $459.8mln in July-November

Pakistan favours multilateral dispute Resolution

NAB initiates Rs13bln fraud case against property developer

Forex reserves drop to $23.2bln

Firms asked to ensure MNEs guidelines for sustainability

UK firms keen to start business in Pakistan

SBP advises banks to revisit business Strategies

‘Punjab industries head towards closure’

SBP action sought

B RECORDER

Pakistan supports WTO system to settle international disputes

Justice Saqib for gradual implementation of ADR

ECC okays Steel Mill employees' salaries

PIAF urges government to take action to end dollar shortage

LCCI seeks uniform power and gas tariffs

'PBS conducting census of manufacturing industries 2015-16'

FDI down 45 percent in five months

Prime Minister for boosting exports by 30 percent to support BoP

Senate rejects: Companies Ordinance, 2016

OICCI seeks time to study ordinance

Legal status becomes null and void

Indias FDI story

DAILY JANG

No corruption scandal against us PM

Scheme to regularize black money is expected from beginning of next year

Rupees 1206 billion of revenue collected by FBR in 5 and half month

50 million dollars decreased in foreign exchange

Expected foreign investment not recorded despite of CEPC plan

ECC released salaries of Steel Mills workers  

13 billion dollars trade deficit reached during November in India 

DAILY EXPRESS

ECC releases salaries of steel mills workers

FBR not interested to collected taxes deficit  

50 million dollars decreased in foreign exchange

45.2 percent FDI deceased during July to November

Dialogue of free trade agreement will be held on 27 December in Tehran

Colombia interested to increase trade with Pakistan

Number of industries and big stores become fee defaulters 


TMA HEAD OFFICE 

DATE: 2016 December 15

DAWN NEWS

World Bank study questions power billing system

SBP ready to share details of written-off loans

Nuisance from NAB

F.B.R “AD”

THE NEWS

WHT collection from non-filers falls to Rs4.69bln in July-Nov

Customs advises FBR torevisit importers’database

Aging machinery, low productivity adding to export losses

Minister asks BoI to frame investment plan

Pakistan in FTA talks with Turkey

LCCI’s proposal to finance ministry

SBI holds Pak-China business moot

B RECORDER

SBP says it has never refused to furnish information about written off loans

FBR wing seeks to smoothen importers' profiling system

Exports down $3.7 billion since 2013, National Assembly told

DAILY JANG

Prime Minister will award national awards to day to 49 investors.

No special agreement signed with China for cepec project commerce minister

Several officers of F.B.R assumed senior offices

State Bank never refused to provide in formation of written off loans

5 Complaint officers appointed to resolve issues of business community.

Supply chain system and infrastructure be improved B.M.P

Case filed against 3 custom officers and 5 persons of Port Qasim

DAILY EXPRESS

State Bank never refused to inform senate abut written off loan

Stake holder will be taken into confidence on F.T.A. with Turkey-Thailand

Final round of talks on Pak-Thailand F.T.A will be held in next week at Islamabad


TMA HEAD OFFICE 

DATE: 2016 December 14

DAWN NEWS

Trade deficit widened 20pc in July-Nov

Car sales drop 5pc

GDP growth in Pakistan expected to remain on track: ADB

UAE banks to collect foreigners’ tax details from Jan 1

THE NEWS

UAE to end banking secrecy in tax Matters

No extension in filing of annual tax return date: FBR

New driving licence system with online facilities launched

FBR says 3pc additional tax on property transactions applicable from Dec 2

Pakistan ranks below most regional countries in property rights index

Italian delegation visiting Pakistan

Sri Lanka keen to promote trade with Pakistan

Union leaders lament stripping labour adviser of his powers

US tops freedom of speech index

Worst tax havens in the world

"AD" FBR 

B RECORDER

Many British companies interested in business in Pakistan

FBR likely to probe trading group

'CPEC will reduce trade cost for Central Asia, Asia-Pacific region'

Business leader calls for duty-free import of plants, machinery

Business community welcomes new ISI chief, CGS

New driving license system introduced

Audit policy may create rift between FBR, traders: LCCI

ADB to provide technical aid to Tevta

Businessmen urged to participate in NPBS

'Faisalabad to be introduced as safe, reliable export destination'

The FTA fatigue

Paris: the Accountant comes calling

'Only PM can make a difference'

July-November trade deficit widens by 19.9 percent YoY

DAILY JANG

UAE to end banking secrecy in tax Matters

UBG has proved its majority in FPCCI election Iftikhar Malik

Old industrial estates be restored instead of new announcements industrialist demand 

Modern system of issuance of driving license introduced 

DAILY EXPRESS

Trade deficit increased by 20% with 11 billion 78 crore dollar

Finland Pakistan business council signed MOU

4 sub committees formed to promote Islamic banking

In connivance with officials tax evading companies started business with New Name


TMA HEAD OFFICE 

DATE: 2016 December 12

DAWN NEWS

Tax return benefits

Currency volatility in the open market

Policy options to bridge the tax revenue gap

Need for green tax credits

THE NEWS

Pak-Italy agree to boost trade, economic ties

Easier returns

‘Sudden shortage’ affects gas supply in Sindh

India’s Cash Bonfire Is Too Much, Too Soon

B RECORDER

Gas shortage hits SSGC's system

FCCI, AICE sign MoU to increase trade

A worrisome gender gap among voters

Slow growth in FBR revenues

DAILY JANG

DAILY EXPRESS

After winning election concentration will be given towards SMEs Zubair Tufail

Agreed on join venture for promoting trade between Italy and Pakistan 


TMA HEAD OFFICE 

DATE: 2016 December 11

DAWN NEWS

Dollar shortage persists in open market

Dar, French minister discuss economy

THE NEWS

FBR to move high court against tribunal decision on tax assessment

FBR slaps additional tax on filers under amnesty scheme for real estate sector

Dar stresses trade strategy to reverse slowdown in exports

Pakistan keen to build infrastructure links with Russia

Textile value chain unites to strengthen weak links

A looming exports crisis

“AD” FBR 

B RECORDER

Dar briefed on action against illegal money-changers

Amendments to Benami bill: SBP seeks to help protect banks through court firewall

Disturbing trends in monetary aggregates

Existing tax system termed a big challenge for businesses

Financial statements of listed firms:  SECP creates email account for mandatory transmission

My-Karachi, Oasis of Harmony: KCCI to arrange 14th international exhibition

Technical textile Pakistan's perspective

DAILY JANG

Voters strength is with us UBG leader

Demand of loan by private sector is a positive sign towards economy

DAILY EXPRESS

Audit policy 2016 could not be implemented

State Bank governor called on federal finance minster 


TMA HEAD OFFICE 

DATE: 2016 December 10

DAWN NEWS

Beyond CPEC

Country’s biggest port starts test operations

Iran urges Pakistan to quickly finalise FTA

Sino-Pak protocol on double taxation

Punjab Textile Forum constituted

Modi’s black money move, a closely guarded secret

SSGCL "AD"

THE NEWS

Pakistan aware of high growth of Ecommerce: minister

Demonetisation is biggest scandal in India: Rahul Gandhi

Pakistan net revenue receipts drop to all-time low

Remittances fall 2.45pc to $7.874bln in July-November

Corruption benefits influential segments, marginalises poor

B RECORDER

Pakistan all set to impose NTMs on Indonesia

Businessmen welcome increased demand in private sector credit

Readymade technical training institute in Sialkot soon

E-commerce in Pakistan expected to reach $1 billion by 2020

PIAF concerned over increasing cost of business

LCCI launches app for its members

Textile industry bodies demand revival package

Textile sector said contributing 65 percent to Pakistan's forex earnings

Trade in services: absence of CSF inflows

Clean drinking water top priority

FBR wing pursuing biggest money laundering case

DAILY JANG

Pak Indian trade severely hit due to currency crisis

DAILY EXPRESS

World Bank cancelled loan to Pakistan of 10 Crore Dollar

Amendment in Pak-China double taxation accord


TMA HEAD OFFICE 

DATE: 2016 December 09

DAWN NEWS

“AD” FBR

Post-IMF or pre-IMF?

In the wrong lane

Sale of expired items

Reserves down $270m

10.65pc capital adequacy ratio mandatory for banks

MoUs signed for upgrading textile industry, increasing exports

LPG price cut by Rs10 a kg

Pakistan, Iran look to revisit gas pipeline agreement

THE NEWS

Another tax amnesty

Triple divorces at one time unconstitutional: Allahabad HC

Private sector suffers governance Issues

Forex reserves fall to $23.34bln

Foreign debt repayments up 15.73pc to $1.545bln in July-Sept

B RECORDER

Consensus eludes China, Pakistan on FTA Expansion

Forex reserves fall $270 million

Japanese companies plan to expand business in Pakistan

Business community expresses grief, offers condolences over crash

Property deals: FBR spells out Applicability

Indian villages to receive card-swiping machines amid cash crunch

Only PM can make a difference

On business-government dialogue

DAILY JANG

For business community we will serve as a servant PBG BMP leaders

Show cause notices served on 54 companies during 2 months

To control price limit fixed to purchase dollar in one month

By adopting corporate culture in TDAP things improved SM Muneer

DAILY EXPRESS

Pakistan should resolve issue of death penalty freedom of religion EU

Amnesty Scheme

Value added textile sector sought time from Ishaq Dar


TMA HEAD OFFICE 

DATE: 2016 December 08

DAWN NEWS

Amnesty or retreat?

Holding businessmen accountable

SBP clarifies

Urdu & PM

Govt lifts ‘undeclared’ ban on Indian cotton imports

‘FTAs costing Pakistan dearly’

MCB Bank, NIB approve merger scheme

India holds rates steady

Cab-hailing service Careem launches women drivers

THE NEWS

SBP expects rise in credit demand from private borrowers

Traders announce protest against audit policy

Envoy ties goods’ quality to Pak-Saudi trade boost

India unexpectedly keeps rates unchanged

16th Trade Fair of the Member States of The OIC in Baghdad-Iraq April 02-07, 2017

B RECORDER

17 percent GST maintained at Rs 400 per MMBTU for industries: Khaqan

FTAs not benefiting Pakistan, acknowledges government

40 percent more GIDC collected during 2015-16

Amendment in Income Tax Ordinance: PRIEF appreciates government's move

Envoy to Bosnia assures full support to KCCI on trade promotion

'Black Day' to be observed against FBR audit policy: LCCI

Q3CY16: banking sector remains sound and stable: SBP

Indian cotton imports

DAILY JANG

Black money and tax amnesty

10,000 bales of cotton returned to India by Pakistan

DAILY EXPRESS

Tax Amnesty Scheme

Aggressive strategy of mobile registration of Tax Payers started

Criticism on amended income tax bill for realtors


TMA HEAD OFFICE 

DATE: 2016 December 07

DAWN NEWS

President signs act, grants legal cover to amnesty scheme

Regent Plaza warned to revamp electric system a year ago

Senator restrained from acting as provincial minister

Tax amnesty

‘Italy aware of investment scope in Pakistan’

Shanghai Electric to invest $9bn in KE

‘Sell land to clear debt of Textile City project’

Indian cotton consignment rejected

THE NEWS

FBR issues penalty notices to 60 named in Panama Leaks

No dollar to Pakistan until action against Haqqani: Congressman

When life and labour are cheap

Shanghai Electric to invest $9 billion in KE power infrastructure

Law to whiten black money of property imposed

Court restrains Saeed Ghani from running SESSI

SECP formulates draft listed cos rules

US trade gap widens as exports of soybean, other goods fall

Italy keen to enhance investment in Pakistan

Jetro to organise exhibition

As Indian rate cut hopes grow, some warn of going too far

B RECORDER

Textile City''s voluntary winding up begins

National Assembly body unsure over closure of textile city

Income Tax Act enforced

Pakistan to participate in Amritsar trade Expo

Mandviwalla calls for CSA implementation with China, Turkey

SECP formulates draft Listed Companies Regulations, 2016

Italian minister suggests bilateral framework for boosted trade relations

SHC restrains Saeed Ghani from chairing SESSI's meetings

The controversial real estate law

Trailing the tainted money

Panama: Whoever wins we lose

DAILY JANG

Amnesty scheme to get black money in white money invested in property

Agreement of currency transfer with china turkey be implemented

SHC stopped Saeed Gani for using ministerial power and presiding meeting 

DAILY EXPRESS

Amnesty scheme imposed for real estate sector

Sindh contemplating to withdraw status of advisor consultant

SHC stopped Saeed Gani to use administrative power

Builders developers raised objection on amended income tax ordinance

US Consul General Visit Karachi Chamber 


TMA HEAD OFFICE 

DATE: 2016 December 06

DAWN NEWS

92pc CSS candidates fail in English

Companies Ordinance, 2016

Double Dar

Shanghai Electric receives CCP nod for KE’s acquisition

Cotton output estimated at 10.542m bales

FBR collection rose 2pc in July-Nov

Aptma sees massive imports to meet lint demand

Italy favours FTA with Pakistan

Business community should partner with govt for CPEC’

F.B.R ‘AD”

THE NEWS

Written-off loans

Ishaq Dar off to Paris to join OGP against corruption

Revenue body’s intervention irks forex companies

Pakistan, Italy agree to enhance bilateral trade to $1.5 billion

Cotton crop likely to miss production target

Untaxed money saves skin sans laws to check Benami transactions

PSQCA barred from sealing units

Textile associations to hold roundtable conference this week

Clean, affordable housing will reduce exploitation of Indian textile workers

B RECORDER

Pakistan, Italy agree to increase trade volume

Realty sector: TI Pakistan urges Supreme Court to ban amnesty scheme

TDAP to exhibit in ISPO 2017

Two-day Japan Business Exhibition from December 7

CCAC revises cotton production downward

Emirates offers up to 40 percent discount

APTMA seeks removal of curbs on cotton from India

Argentinean envoy urges Pakistani businessmen to focus on branding

APTMA defers call for observing black day

First commercial-size biogas plant starts in Pakistan

PSQCA restrained from sealing factories

Companies Ordinance, 2016Executive Summary

DAILY JANG

NEPRA has increased K Electric tariff by 0.47 Paisa notification issued

F.B.R has collected record revenue of Rs.1099 billion during 5 Months 5 Days

Few officers of F.B.R in land revenue started using in fluency to stop transfer

Cotton crop assessment committee meeting started target of 1 crore 5 lac 42 thousand fixed

Opposite group leaves decorum during election campaign. P.B.G

No factory should be sealed without giving 3 Notices

There should be no discrimination in fixing gas prices of C.N.G Sector

Rahim Janoo, Mian Zahid and an Jum Nisar met particle board manufacturers Association.

DAILY EXPRESS

Anti-smuggling campaign speeds up. D. Intelligence

Production target of cotton once again revisited

Proposal to increase price of petrol to stop adulterated petrol sale

C.N.G Sector increased rates

Evasion of tax dedicated by declaring cloth as mash net

Argentine stressed on branded export from    Pakistan

Japan Business exhibition will begin from 7-8 December at Karachi


TMA HEAD OFFICE 

DATE: 2016 December 05

DAWN NEWS

Businessman facing inquiry falls to his death

Banking and private sector credit demand

Falling property prices in India upset the middle class

STRIVe — a leap forward

Modi plunders India’s cash. Indians cheer.

THE NEWS

Known businessman dies under mysterious circumstances

Loans, laws and transparency

Another Tax Amnesty

Protecting Black Money

B RECORDER

CCAC may not revise cotton output

'UBG team is well equipped to meet CPEC challenges'

Amnesty schemes

Smuggling of foreign currencies and gold: MCC pays surprise visits to Faisalabad Airport

Indian yarn imports: a closer look

DAILY JANG

Trend of foreign investment across the world

DAILY EXPRESS

Stressed to activate trade links western countries

FBR should speed up tax collection target

7th round with china on FTA 2 will begin today


TMA HEAD OFFICE 

DATE: 2016 December 04

DAWN NEWS

“AD” FBR Final extension in date

Key suspect in Baldia factory fire case held in Bangkok

Weak personal income tax compliance affecting tax culture in Pakistan: report

Thank you, America

‘Amnesty scheme’

Govt lost $500m inflows from Dubai in November

Sindh, Punjab textile exporters split over gas pricing

NA finance committee faces reshuffle as govt seeks to turn the tables

New bank conditions spark diplomatic row between Pakistan and India

THE NEWS

Cotton arrival shows 13.28pc increase

Currency depreciation to increase external debt by $2.5 billion

FBR advised to revisit sales taxzerorating for textile exporters

SECP issues notices to 26 public listed Firms

India, Afghanistan plan air cargo link over Pakistan

Businessmen seek measures to eradicate hurdles in exports

Cotton USA to attend Heimtextil

B RECORDER

FBR wing serves notices on illegal currency dealers

Investigations opened against 3 former: FBR chairmen, others?

DAILY JANG

Govt steps become success full to curb smuggling of dollar

Why names are kept sector that got loan written off?

Custom intelligence detected scandal big scandal of textile 

DAILY EXPRESS

Cotton yarn prices shot up value added textile industry once again in crisis

Pak-Indian trade reduced by 37 billion dollar during 3 years

Action against smuggling of gold and dollar begins

7th round of talks on FTA 2 with China will begin tomorrow

Companies asked to update websites


TMA HEAD OFFICE 

DATE: 2016 December 03

DAWN NEWS

EU to give 45m euros for vocational education

Opening a bank account

‘Global beneficial ownership database in the offing’

Govt in talks with CNG sector to settle GIDC dues, says Khaqan

Crisis hits bureaucracy as litigation holds up promotions

GAS SUPPLY CLOSURE EVERY SUNDAY INDUSTRIAL AND CAPTIVE POWER 

“AD” Ministry of Science & Technology 

THE NEWS

Less bribery in Pakistan than India: US journal

SBP refuses to share written-off loans’ details with parliament

CPEC has changed economic outlook of Pakistan, S Asia

Govt has yet to resolve issue of Rs100 bn GIDC against CNG sector, others

Trade regime with India remains unchanged: Dastgir

Agencies ordered to stop smuggling of gold, currency: Dar

EU provides 45mln euros to support TVET reforms

Manufacturers mutate into realtors as production cost bites

FBR hires new executives to nab tax Evaders

SECP issues notices to foreign firms seeking details of local investments

B RECORDER

Loans obtained from NBP: SBP says won't disclose details

All listed companies: SECP decides to grant general relaxation

Government to curb illegal movement of forex: Dar

Public sector companies: government allowed to appoint, remove CEs

Registration of companies begins under new law: SECP chief

FBR wing initiates probe into suspicious dollar purchases

SAI turns describes FBR Audit Policy as 'unfair'

PIAF exhorts PM to announce incentive Package

COTTON USA to make business connections at Heimtextil

Economic policies: consensus still elusive

Declining exports

Trade with India

July-October period: foreign investors repatriate $540 million

DAILY JANG

State bank refused to share information of loans with parliament as SBP is not bound

There is no restriction to import cotton bale from India via sea port Khuram Dastgir 

Agencies state bank asked to check smuggling of dollar and gold 

Chairman standing committee aviation welcome withdrawal of visa fees

Less bribery in Pakistan than India: US journal

DAILY EXPRESS

Investigation started against purchase of dollar through black money

Board of revenue Sindh will introduce Smart card

Server drought for Pakistan predicated

40 companies got registration under company’s ordnance 2016

Rs 2.8 difference between rate of dollar in open market and interbank rates

Cotton production in Pakistan is increased by 24% with 19 lac ton expected

Approval of income tax ordnance 2001 welcomed 


TMA HEAD OFFICE 

DATE: 2016 December 02

DAWN NEWS

Companies Ordinance

K-E’s per unit cost

China launches direct rail, sea freight service between Kunming and Karachi

Trade regime with Delhi unchanged: Dastgir

Reserves decline

‘Multiple fuel options to promote competition’

THE NEWS

FTA-II talks with China from December 5

Cashless India

Renewable energy

Pakistan, China start direct train and freight service CPEC project First cargo train eaves for Karachi

Pakistan denies ban on cotton imports

Amnesty scheme for real estate sector ‘Non-filer property buyer ought to pay 7 percent tax’

Govt deregulates higher grade fuel prices

Forex reserves fall to $23.6bln

Pakistan offers better trade incentives in region

CPEC provides numerous economic opportunities

 ‘No efforts to resolve traders’ issues’

B RECORDER

Growing India-Pakistan tension: trade regime not changed: Dastgir

First Chinese cargo train leaves Kunming for Karachi

Companies Ordinance: National Assembly body forms sub-committee for further talks

APTMA delegation pays visit to Shahbaz Sharif

Mauritius open for trade and investment: Sohail

No end to tax amnesties - I

“We need to harness our human resource capacity to engage, and create linkages with, investors, ' says Naheed Memon, Chairperson of the Sindh Board of Investment

NGOs and NPOs: SECP introduces new provision for issuance of licences

DAILY JANG

1st Freight service via train and sea between Pakistan and China inaugurated. 

Currency crisis in India some in favors and some against it

According to promise Ishaq Dar released refunds of Rs.44 billion

CPEC is in favors for all of Us. Naheed Memon

S.I.T.E Association condems depriving Karachi from reduced electric tariff

U.B.G eliminated corruption from F.P.C.C.I S.M Muneer

Forex reserves decreased by Rs.25 Crore Dollar

Country wide protest will be launched if notice and Raids not end Mehmood Hamid

Country wide trade Associations shows confidence on us P.B.G

DAILY EXPRESS

Why petrol diesel is costly?

Private sector assigned to fix prices of high quality petrol

Investors are afraid Pakistanis positive perception should be portrait  French envoy

Pakistan traders invited to invest in Mauritius


TMA HEAD OFFICE 

DATE: 2016 December 01

DAWN NEWS

NA approves amnesty scheme for realty sector

Antibiotics

Avoiding Karachi

Cotton imports from India put on hold

COMMENT: The strong-rupee policy must end

Tax collection fell 5.8pc in November

Asia-Pacific trade to grow nominally this year: report

Dar stresses need to boost regional trade

Return filing date extended

Asean a ‘more open market’ than EU and US

Prices of petrol, diesel increased

“AD” Board of revenues government of Sindh 

THE NEWS

3pc property tax can whiten black money

Electricity import from Iran to go up to 104MW

Petrol price hiked by Rs2, HSD by Rs2.70 per litre

‘600 firms selling mineral water stealing from KWSB’s supply’

Govt keen to increase trade with central Asian states

Customs launches new system

B RECORDER

National Assembly passes income tax, other bills

Rs 2 per litre increase in petrol prices

Pakistan puts cotton imports from India on hold as tensions mount

Customs acts to curb smuggling of currency

Garments maker held in tax fraud case

45 percent shortfall of water in Karachi: KW&SB

FBR valuation and DC rates: legalization of differential sum sought through three percent tax

ST on motor spirit reduced

Nawaz should announce much-awaited textile package: PRGMEA

LCCI demands land for Cottage City

Rs 2.61 per unit refund for October approved

India's economy grows 7.3 percent in Q2

Dr Pasha's concerns

Companies Ordinance, 2016

KCCI rejects new FBR audit policy

Rs 2.6 per unit cut in power tariff: 'Nepra's decision to deprive Karachiites of relief'

Pakistan faces quandary in trade with China

Companies Ordinance, 2016: government speeds up efforts towards stalling anti-law resolution

ACCA expert suggests remedies for tax Boost

DAILY JANG

Petrol, High speed diesel prices increased by Rs 2 and Rs 2.70 per liter respectively 

Lind water is sold as mineral water more than 600 companies are involved

India’s exports against china is less than 752%

Expressed concern of depriving Karachi from reduced power tariff

IR commissioners of FBR across the country transferred

KCCI rejects new FBR audit policy

Old design notes demonized

Pakistan put on hold import of cotton from India

Decision to open 24 hours national bank customs house Branch

New law will be applicable on new transaction or immoveable property past transaction will not be affected  

DAILY EXPRESS

Old design notes demonized

Black money can become whiten after paying 3% tax on sale of property bill approved

Petrol, High speed diesel prices increased by Rs 2 and Rs 2.70 per liter respectively 

Last date of filing tax return extended by 15 days

Implementation on action plan begins to help falling exports

Collection of withholding tax on crude value of exportable goods detected 

Trade deficit reached to its peak during 3 years regime of present govt

Illegal transaction of 5 to 7 thousand on daily basis to Dubai detected

Expressed concern of depriving Karachi from reduced power tariff