News Clipping - Archives February 2015


TMA HEAD OFFICE 

DATE: February 28, 2015

DAWN NEWS

Govt drops idea of increasing petrol Price

Incoming international calls to become Cheaper

Over 100 US firms to attend ‘Business Opportunity’ conference

Foreign companies sign MoUs

New National Tariff Commission set up

SECP warns public about defunct firms

Ode to Thar opens two-day TDAP fashion show

THE NEWS

Govt to keep POL prices unchanged in March

‘Sacked’ Sindh home secretary attends office

World Trade Organisation at 20

Lawful business

Indian economy forecast to top 8 percent growth

FBR, KTBA resolve issuance of exemption certificate issue

Revenue authority extends date for deferred sales tax refunds

Businessmen to be imparted training onWeBOC system

B RECORDER

Petroleum prices to stay unchanged: Dar

Removal of double taxation sought

FBR's web portal: Active Taxpayers' List be made available by February 21

FTAs damaging local industry: APBF

LCCI signs two MoUs with Turkish Chambers

PTBA office to be established in Faisalabad soon: Secretary General

Three MoUs signed during Expo Pakistan

FPCCI signs MoU with Argentine Chamber

Pak-US business moot to boost trade, investment: Dastgir

'Controversial' interest rate cut

Expo Pakistan: foreign delegates explore new avenues of investment

CNG pumps in Sindh to open on Monday: SSGC

DAILY EXPRESS

PIA suspends flight to Bangladesh from 10th March

Several agreements signed in expo for promotion of trade and investment

Govt should stop export of yarn

100 American companies will participate in business conference 


TMA HEAD OFFICE 

DATE: February 27, 2015

DAWN NEWS

No place for terrorists in country, says PM

Ogra seeks Rs5.59 increase in petrol Price

Missing export focus

Dollar breaks Rs102 barrier

Extension of legal cover to GIDC Opposed

Reserves stand at $15.943bn

New probe into Baldia factory fire begins

THE NEWS

Ogra for hike in fuel price due to GST raise

State alone to carry the gun: PM

A rare case of bureaucracy’s accountability

FBR union official suspended for tampering with tax data

Drastic cut expected in incoming calls rate from abroad

TI tells NAB to probe tax evasion

Blocking of unverified SIMs begins

Misappropriation in sales tax concessions on imported goods detected

Forex reserves down 0.58pc

Excessive SRO usage hinders progress: report

‘Bureaucracy, speed money, NGOs hampering FDI’

No cut in load-shedding likely: IPR

B RECORDER

Government may impose RD on POL products, other items

$50 billion target: Prime Minister asks exporters to double up efforts

Dr Tauqir Shah appointed representative to WTO?

Expo Pakistan: foreign trade delegates evince keen interest in textile & jewellery

Forex reserves fall by $93 million

PTA chief slams government for levying GIDC

Tariq Haleem appointed Chairman FPCCI body

Partly Facetious: Why didn't Dar accompany PM to Karachi?

Prices move up on renewed buying by Exporters

Power Policy 2015

Deadline expires: SIMs not verified via BVS to be blocked in phases

DAILY EXPRESS

Expo Pakistan begins

FBR assured tax ombudsman to release pending refunds 

Exports awards distributed amongst 13 companies

KCCI active in signing agreements

Customs securities release to be implemented strictly   


TMA HEAD OFFICE 

DATE: February 26, 2015

DAWN NEWS

PBC proposes levy of electronic cess to cover losses

Investments in Dubai

Diplomacy to strengthen trade ties with India: Khurram

LSM expands 2.35pc in Dec

‘Hackers’ invested millions in real estate, other businesses

THE NEWS

WB reposes trust in Pak economy, revives $2 bn loan facility

‘Millions in cash’ rain in Kuwait!

Knitwear industry faces daunting challenges: experts

EPZA to display 14 brands in Expo 2015

FPCCI appoints Haleem as panel chief

B RECORDER

Tax body spells out slew of ''reforms''

Dastgir says 10,400 megawatts to be added to national grid by 2017

PIB cut-off yield falls up to 60 basis Points

PBEA asks FBR chief to expeditiously settle ST refund claims

US Consulates in Peshawar, Lahore closed: new travel alert issued

Creating environment for economic Revival

New radio, mobile sets: Radio Pakistan seeks levy of Rs 4,000 tax

DAILY EXPRESS

POL prices likely to increase from next month

Terrorism and energy crisis will be eliminated within 3 years

Additional income tax will be levied on non filers on importers

Conditions improved in industrial areas due to patrolling

DUTCH delegation will reach today participate in expo Pakistan 


TMA HEAD OFFICE 

DATE: February 25, 2015

DAWN NEWS

State Bank to introduce ‘target rate’

FBR issues new rules

THE NEWS

Tax directory to be published next month

Banking spreads fall to 5.79 percent

KCCI demands legislation to ban protests, sit-ins on roads

Solar power project inaugurated

B RECORDER

Financing schemes: SBP reduces interest rate

Banks, DFIs told: no banking services for proscribed entities: SBP

Amended GIDC bill approved by National Assembly body

FBR plans to publish Annual Tax Directory next month

Teli for ban on road protests

FTAs do not work well for Pakistan

Nepra clarification

DAILY EXPRESS

Expo Pakistan will helps in boosting Pakistani image

SBP will review interest rate coridoor 


TMA HEAD OFFICE 

DATE: February 24, 2015

AERARI

Daily Market Update

DAWN NEWS

Haram ingredients in most of imported food items

CNG stations ready for LNG import

LCCI slams FBR tactics

FPCCI unveils plan to revive economy

Textile exports rise 10pc

Expo Pakistan begins from Thursday

THE NEWS

Eating late could damage your brain!

Power shortage of 5,500MW to persist till 2019/20: Nepra

Pakistan can export thousands of products to China at zero-duty: Afridi

Expo Pakistan may generate $1bn export orders

‘Pakistan economy should be knowledge-based’

LCCI laments FBR policy

B RECORDER

Government seeks to import power from China

Loadshedding to continue for four years: Report

FPCCI seminar on 'Economic Revival of Pakistan': speakers for conducive environment to put economy on track

103 million SIMs verifications: Telecom industry taking all possible measures

FPCCI President for minimum seven percent growth to ensure economic revival

Ninth Pakistan Expo to commence on February 26

PCDMA chairman rejects customs valuation guidelines

Pak-Turkey FTA: MoC will conduct pre- FTA study: Minister

'Charter of economy'

DAILY EXPRESS

Traders demanded local bodies election in sidnd

Political leaderships have to come on one page for economic development

1 billon dollar expected from EXPO Pakistan

While sign in FTAs with turkey interest will be safe guarded of all sectors

FPCCI established 1st ever provincial advisory board

Ministry of commerce approached prime minster for land expo


TMA HEAD OFFICE 

DATE: February 23, 2015

AERARI

Daily Market Update

DAWN NEWS

SBP blocks $65 million ‘suspicious’ Transaction

Decent workplaces

Top 25 companies

Revisiting the old tax system

The ground realities

Bureaucratic stranglehold

THE NEWS

Baldia Town culprits put on ECL eight months after their escape

Italian chamber of commerce to open office in Pakistan

B RECORDER

'Cholesterol no longer a concern'

Narrowing of C/A deficit

Comments on Dr Ashfaque's article

DGTO declared persona non grata

DAILY EXPRESS

KWSB to take action against defaulters

Cotton prices raised to Rs 5250/- per maund 


TMA HEAD OFFICE 

DATE: February 22, 2015

DAWN NEWS

Property investment in Dubai

PRAL system glitch delaying ST refund

Three RTOs fail to recover Rs2.7bn from 44 defaulters

Generator imports rise 20pc in seven Months

Labour unions in US poised for comeback as wages stall

Order to arrest IO of Baldia factory fire Case

THE NEWS

FBR issues notices to tax evaders

Arrest warrant out for Baldia factory fire case investigator

FPCCI calls for investment in energy, infrastructure

B RECORDER

Budget 2015-16: PIAF seeks proposals over taxes, duties

Seminar on 'Economic Revival ofPakistan' Tomorrow

ST refunds: delays hurt exportprospects

Textile industry: gas supply stillrestricted to four hours

EU's double standards

DAILY EXPRESS

Customs facilities will be expanded for business community

Paral system collapsed

FBR reduced tax collection target  


TMA HEAD OFFICE 

DATE: February 21, 2015

DAWN NEWS

Exports to EU rise 20pc to €5.067bn

Indian envoy for improved bilateral trade

Sales tax recovery up manifold after Sindh took over collection, PA told

THE NEWS

Possible outcome of fresh Baldia fire probe

An aimless central bank

Exporters mull legal options against FBR on refund claims

Islamic Finance Expo on April 22-23

‘Trade fairs can enhance trade’

B RECORDER

Fairs, exhibitions can help enhance trade ties: Indian HC

Refunds, zero-rating and audit: LTU Karachi seeks to ease textile sector Concerns

PRA notifies revamp of Punjab Sales Tax on Services Rules-2015

27 Pakistani companies participate in Magic Market shows

Customs agents take up clearance issues with Bajwa

Knitwear industry: PHMA urges FBR to clear ST refund cases

DAILY EXPRESS

Finger prints verification of Pakistanis going or UMRAH stopped

KP asked relief in taxes for industries from centre

Pakistan should gain from India’s economic development

FPCCI prepared plan of economic revival   


TMA HEAD OFFICE 

DATE: February 20, 2015

AERARI

Daily Market Update

DAWN NEWS

Conserving gas

Current account deficit rises to $2.3bn in 7 months

FBR notifies high WHT rates for nonfilers

Reserves rise to $16.036bn

Cotton price rises by Rs50

Sindh CM seeks German investment

SMC Rules amended

THE NEWS

Over 100 industries defaulting Rs2 bn of SITE

Imran reacts to over ‘Rs 430bn investment’ by Pakistanis in Dubai Properties

FBR slaps 1.5WHT on tax non-filers

Changes in SECP rules proposed

Pakistan Customs restricts entry for trade data security

EU unsatisfied over GSP plus compliance

Knitwear makers criticise govt policies

Expo 15’ to start from February 26

B RECORDER

GSP Plus Textile industry for making best use of facility: APTMA chief

SECP suggests amendments to Single Member Companies Rules 2003

Textile ST refund: LTU Karachi to clear pending claims before February 28

Mobilink facilitates verification of 15 million SIMs so far

Imposition of RD: car assemblers may increase prices

DAILY EXPRESS

Reserves rise to $16.036bn


TMA HEAD OFFICE 

DATE: February 19, 2015

AERARI

Daily Market Update

DAWN NEWS

Gas supply to Punjab textile sector restored partially

FBR invites budget proposals

2,000 local firms operating in AFZ

Cotton output rises

NAB to probe FBR affairs

Land Port Authority’s establishment Approved

THE NEWS

Bank Alfalah

Pakistan’s July-January foreign direct investment declines by 1.4 percent

Poor security situation deters investors: SBP

Tax departments reject billions of rupees refunds claims

Uninterrupted gas supply demanded

Companies step up investment in Ajman

Exporters demand levy suspension until finance ministry releases Rs25bn

B RECORDER

EU team seeks access to military courts

Baldia fire: expedite legal process, EU tells government

FPCCI voices concern over poor condition of filter plant

FDI falls by 1.4 percent during July- January fiscal year 2015

PTEA hails government move to restore gas supply

Textile industry: APBUMA chief hails government policy

February 15th, 2015: over 14 million cotton bales sourced to ginners: PCGA

APTMA chief welcomes resumption of gas supply

Oman Air launches 'buy one get one free' ticket offer

Samsung launches new air conditioner, Purifier

Price cut in drug policy: 'nearly 45 percent medicines may disappear from market'

PLGMEA urges government to withdraw EDS

ASBP's quarterly report

TRC's tenure extended

DAILY EXPRESS

Verification of Sims 3 crore Sims likely to be blocked

Flaws detected in KICT taxation 


TMA HEAD OFFICE 

DATE: February 18, 2015

AERARI

Daily Market Update

DAWN NEWS

Talks with Turkey on free trade accord to begin soon

Efforts to promote industries

Turkish investors offered incentives

Nepra cuts power tariff by Rs3.2 per unit

THE NEWS

Pakistan values its ties with EU: Nawaz EU delegation, UK minister meet PM

‘Enforce reforms to check tax evasion’

Power tariff cut by Rs3.24 per unit

Oman Air’s ticket offer

B RECORDER

Rs 3.24 per unit refund approved by Nepra

Expected policy rate hike: heavy bank investment in government papers

YoY: Private sector credit records 1.6 percent growth

Taxation system needs improvement

Gas load management: PML-N government plan compares favourably with PPP govt's

Gas supply suspension: APTMA to hold emergent meeting on February 20

Nawaz has clear vision of putting economy on the right track: FPCCI chief

ILO, PTEA sign partnership agreement

KATI Chief for immediate activation of military courts

Prgmea Chairman urges Prime Minister to take up SMD issue with Turkish PM

Manipulating statistics: reply

DAILY EXPRESS

New net of industries will be floted 


TMA HEAD OFFICE 

DATE: February 17, 2015

DAWN NEWS

Black money in Swiss banks

Pakistanis bought property worth 16bn dirhams in Dubai

Consumers to feel the brunt of regulatory duty

Finance ministry not releasing export Funds

Sindh rejects Centre’s move to levy tax on gas consumers

THE NEWS

Hearties welcome to Pakistan

Rs3.21 per unit relief in power tariff likely today

Ogra asks govt to increase gas tariff or gas entities may collapse

Sindh opposes gas infrastructure development cess

Govt likely to fix Rs12.57 per unit tariff for former rental power projects

NAVTTC approves vocational trainings projects for jobless youth

SAI protests over low gas pressure

Review of 5pc import tax demanded

Industrialists stage demo against gas shortage

B RECORDER

President PCJCCI for adopting ecommerce

Sustainable growth & productivity: Textile ministry set to introduce new legislation

Economic revival: FPCCI devising strategy: Adrees

Industrialists stage demonstration against shortage of gas

Sindh Assembly adopts resolution to oppose extension of GIDC

Priority to energy sector

Regulatory duty flayed: LCCI urges Dar to review decisions

Friends of Police Forum: APTMA chief vows support to police initiative

Fiscal Year 2016 Budget: FBR kicks off Preparations

DAILY EXPRESS

NEPRA to hold meeting today electric tariff likely to reduce by 3.21 paisa

SUI Southern gas assured to industrialists of full pressure

Shortage of water supply in north Karachi industrial area 


TMA HEAD OFFICE 

DATE: February 16, 2015

AERARI

Daily Market Update

DAWN NEWS

Bank liquidity

Plea to Ogra

Policy thrust for value-addition

THE NEWS

Too little, too late

B RECORDER

Textile minister underscores need for value-addition

Criticality of credibility

Pakistan's exchange rate is overvalued: Werner Liepach, Country Director Pakistan, ADB

Appeal to Honourable Prime Minister

DAILY EXPRESS

Progress in all department of textile it our priority secretary commerce

Ikram Rajput made chief FPCCI sindh regain

Industrialists made protest outside SSG House


TMA HEAD OFFICE

DATE: February 15, 2015

DAWN NEWS

Baldia: losing focus

Rupee loses slowly against dollar

Plan to increase textile exports

Committee formed on special economic Zones

THE NEWS

Aid or trade?

Baldia factory fire hearing adjourned due to absence of owners

B RECORDER

Immovable property: government seeks to consolidate reduced tax, duties into one percent tax

Sharing of taxpayers' information: FBR's reluctance holds FIA investigation in abeyance

'Dubai airport overtakes Heathrow'

Pakistan-India trade - problems and Solutions

South African law to ban foreigners from owning land 

DAILY EXPRESS

Congress committee demands cuts in Pakistan AID and travel retractions 


TMA HEAD OFFICE 

DATE: February 14, 2015

DAWN NEWS

Currency dogma

Banks’ liquidity gap alarmingly high

EOBI to hear public complaints

Criticised by tanker operators, KWSB makes little effort to end water crisis

THE NEWS

Revenue authority sacks two Customs officials on corruption charges

Site industrialists organise rally against low gas pressure

B RECORDER

Corporate service providers: non-filers shall be liable to pay 12 percent IT

Furnace oil import: levy of 5 percent RD notified afresh

Efforts on to sign FTAs with ASEAN countries, National Assembly told

Industrialists protest against gas Shortage

Minimum wages of work charged employees increased

EOBI officials asked to hold meetings on public complaints

DAILY EXPRESS

Withholding tax rate increased for non filers

K-Electric empowered to collect meter rent 

Govt cuts relief of public just to increase revenue

Energy crisis swallowed 268 industries of textile sector

Trader’s industrialists stage protest on gas reduced gas pressure


TMA HEAD OFFICE 

DATE: February 13, 2015

AERARI

Daily Market Update

DAWN NEWS

Conserving gas

Trade gap widens 18pc to $13.13bn in July-Jan

Reserves increase to $15.2bn

THE NEWS

Pakistan not fully exploiting GSP Plus status: German envoy

Tax rate to be decreased after rise in POL prices: Dar

Forex reserves surge 0.52pc to $15.23bn

B RECORDER

Increase in taxes: Dar rejects Opposition''s argument

Violation of Companies Ordinance, 1984: SECP initiates 94 show cause Proceedings

Minister decides to remove DGTO

Dar appreciates proposals of businessmen delegation

'Gas crisis may not end in next two years'

40mmcfd gas shortfall: supply to CNG outlets to remain suspended today

'Steps being taken to give quantum jump to Pak-German bilateral trade'

SSGC takes steps to improve gas Pressure

Textile industry: FPCCI chief seeks restoration of gas supply

My Karachi exhibition to project soft image of city: KCCI chief

Customs officials' connivance?: Rs 1.28 billion tax avoidance on imports under FTA detected in Fiscal Year 2014

Non-availability of gas: members of SAI to stage demonostration today

'Manipulating statistics'

ST payments: 60 major sectors show four percent growth

Forex reserves soar to $15.238 billion

DAILY EXPRESS

CNG station to remain closed today

Forex reserves increase

Special economic zones to be setup in entire country

Gas should be provided to Punjab textile sector

My Karachi Exhibition Will Be Held At Expo Center Between To 10th To 12th April 2015


TMA HEAD OFFICE 

DATE: February 12, 2015

AERARI

Daily Market Update

DAWN NEWS

Gulf property boom

SECP establishes department on Islamic Finance

Germany for removing trade hurdles

Cotton prices higher by Rs200

Beijing taken to WTO on export Subsidies

THE NEWS

FBR issues ‘automated objections’to settle sales tax refund claims: officials

Tax authorities turn attention to insurance programs

FTO decides record number of cases in 52 days

‘Mobile work be considered part of office jobs’

Water tanker operators warned of action

B RECORDER

Five percent RD on 314 items imposed

Foreign exchange reserves soar to $16 billion: Dar

Neighbours offer 6500 megawatts to Pakistan

Viability of textile industry: APTMA chief demands 8 cents per unit power rate

July-December WHT collections register 23 percent growth

Experts term: PBS price data reliable but limited in scope

N-K industrial area: KWSB asked to ensure uninterrupted water supply

The energy sector remains in a mess

Controversial ECC decision 

DAILY EXPRESS

Pakistan suffered trade deficit of 13 billion dollars during July –January


TMA HEAD OFFICE 

DATE: February 11, 2015

AERARI

Daily Market Update

DAWN NEWS

Textile policy gets mixed response

Import duty on Indian yarn opposed

Baldia factory fire case: SHC wants JIT report placed before ‘competent forum’

Iran offers electricity at low tariff

THE NEWS

Opposition walks out of NA against rise in GST on POL

WHT collection to be criteria of officers’ performance

FBR to fetch additional Rs50 billion by new tax measures

US warns G20 against using exchange rates to boost exports

B RECORDER

Textile policy receives lukewarm Response

LTUs, RTOs asked to submit revised 'withholding tax performance report'

KASB Bank: stay granted against proposed sale process

Associations demand gas supply: government urged to take cognisance of gas crisis in textile industry

Punjab's textile industry: FPCCI for restoration of gas supply

PYMA for maintaining balance in cotton yarn prices

APTMA chief seeks immediate restoration of gas supply

For resolving issues being faced by business community: Two leading businessmen groups join hands to make efforts together

FPCCI president for saving spinning Industry

Ajman Free Zone delegation to visit Pakistan

Interest on security deposits: K-Electric 'quietly' stops discharging accrued amount to consumers

ECC decisions

Cotton market: official spot rate rises on exterior factors

DAILY EXPRESS

Crack down on selling costly water

Govt should rescue spinners


TMA HEAD OFFICE 

DATE: February 10, 2015

DAWN NEWS

Textile Policy 2014-19 offers Rs64.15bn cash subsidy

Govt unveils big revenue measures in ‘mini budget’

PTEA slams gas suspension

India’s economy to grow 7.4pc this year

THE NEWS

Five pc regulatory duty levied on furnace oil import

FBR empowers officials toscrutinise suspected accounts, conduct raids

FBR notifies major reshuffling in Pakistan Customs

FPCCI to present economic revival plan to PM next month

‘Import to help reduce gas shortage’

B RECORDER

Policy (2014-19): ambitious textile goals Unveiled

Government committed to improving industrial efficiency: Prime Minister

Non-essential, luxury items: five percent RD imposed

Suspension of gas supply termedantiindustry Step

Textile exports: PBEA chief refutes minister's claim

FBR clarification

Industrial sector: 27 projects worth Rs 28.85 billion launched, National Assembly informed

Government urged to withdraw SRO 608

Transfers, postings in FBR

Foreign real estate schemes in Karachi, Lahore: I&I IR Directorates collecting data of buyers

Powers of DG I&I IR withdrawn: enforcing filing of returns, wealth statements

DAILY EXPRESS

Customs clearance

Govt has prepared good textile policy

Administrators form private sector be appointed in organizing running in loss

2nd meeting of FPCCI


TMA HEAD OFFICE 

DATE: February 09, 2015

AERARI

Daily Market Update

DAWN NEWS

PM wants monitoring of key ministries

Exports to EU increased by $1bn under GSP-plus status: minister

Rs762m tax fraud Spinners sold yarn to ‘inoperative’ firm

Conciliation of diverse interests

THE NEWS

Altaf wants UN or Scotland Yard to probe

Action against Karachi factory fire accused demanded

Heart risks remain for a year!

‘EU trade deal boosts exports by $1 bn for Pakistan’

B RECORDER

Indian yarn triggers considerable Controversy

Aptma's clarification about import of cotton yarn from India

Engro Food Limited: LTU Karachi directed to process ST claims/input tax Adjustments

Triggering a scare

SOS Appeal 

DAILY EXPRESS

Cotton prices increased around the globe including Pakistan

All Pakistan chamber presidents conference will be held on 10th February 2015

Cotton sold @ Rs 5000/- per Maund


TMA HEAD OFFICE 

DATE: February 08, 2015

DAWN NEWS

Pakistanis share 8pc in Dubai property Market

Value-added textile sector, spinners at Loggerheads

THE NEWS

Consumers to receive LNG from March 31

RTO Karachi launches field survey to identify potential taxpayers

Textile sector demands withdrawal of tax on yarn

Appointment

B RECORDER

Tax returns filed by AoPs show only negligible growth: FBR informs MoF

Factory fire tragedy: Ebad for bringing culprits to justice

Blended yarn under Indian threat

PYMA concerned over huge import of cotton yarn from India

Sheikh new FPCCI VP

Visit of Chinese President: FPCCIurges political parties to show solidarity

DAILY EXPRESS

10% regulatory duty likely to be imposed on 250 items

Visit of Chinesee president will be beneficial towards economic restoration

FBR 2014 general sales tax directory will be published on 28th February 2015

Baldia garments factory tragedy 


TMA HEAD OFFICE 

DATE: February 07, 2015

DAWN NEWS

Loadshedding has ended for industrial sector: ministry

Rangers’ report blames MQM for Baldia factory fire

IFC launches tax reforms project for Punjab

SBP reserves rise

Aptma seeks 15pc duty on Indian cotton yarn import

Govt revises down revenue target to Rs2.691 trillion

THE NEWS

MoWP seeks termination of power supply to K-Electric

Customs links collaterals release with clearance certificate

Forex reserves rise

LCCI seeks budget proposals from members

APTMA demands 15pc duty on yarn

B RECORDER

APTMA chief demands 15 percent RD on import of fine count cotton yarn

Budget 2015-16: LCCI seeks proposals from members

Import of cotton yarn: PHM&EA urges government to withdraw 5 percent duty

Inflows add $110 million to forex reserves: SBP

DAILY EXPRESS

Federal refuses to supply 65MGW to K-Electric

Difference of more than 1 billion in tax refund date

Value added sector will go country wide strike

FBR annoyed on not furnishing data

Foreign exchange reserves rise to 9 crore 53 lac dollar

Pak America economic week will be celebrated next month

LCCI asks budget proposal 


TMA HEAD OFFICE 

DATE: February 06, 2015

AERARI

Daily Market Update

DAWN NEWS

No change in fiscal deficit target: IMF

Avoiding asset bubbles in low interest Environment

THE NEWS

Cut in power supply to hurt Karachi, warns KE

Ds-Concept bullish about economic future

US encourages entrepreneurs

B RECORDER

Doing business in Pakistan is not difficult: CEO, Inbox Technologies

Audit for TY2013: FBR TAMS's report reflects disposal of 7 percent of total cases

Issuance of fake ST invoices: top FBR brass''s pressure may put probe into abeyance

DAILY EXPRESS

Tax shortfall FBR blocked billion or rupees refunds

Customs department detected fraud crore of rupees

International textile conference will be held on 28th February  


TMA HEAD OFFICE 

DATE: February 05, 2015

DAWN NEWS

LNG replacing imported coal to generate Power

New textile policy likely in two weeks

Re-gasified LNG-based power plants on the cards

THE NEWS

Runaway money

FBR asks educational institutions to provide fee payers’ details

Likely increase in cotton yarn duty opposed

TDAP has organized the 9th Edition of Expo Pakistan 2015

B RECORDER

LNG -fired plants in Punjab: upfront tariff may be fixed @Rs 8.55 kwh

Nisar directs verification of 103 million SIMs within 91 days

Textile industry: Punjab minister hails GIZ for social standards support Programme

Government mulling over revamping of NTC, Khurram tells National Assembly

UFG to be reduced by one percent each year: PAC panel told

DAILY EXPRESS

92% stalls booked in expo Pakistan


TMA HEAD OFFICE 

DATE: February 04, 2015

AERARI

Daily Market Update

DAWN NEWS

Some elements circulating counterfeit currency: SBP

Delay in tax refunds riles exporters

GST and governance

14.4m cotton bales reach ginneries

THE NEWS

FIA obtains arrest warrants of 80 Customs officials

Power failures

Pakistan proposes transit trade agreement to Turkmenistan

Security features of rupee matches US dollar: SBP

Pakistan’s cotton output likely to drop 9pc on year: ICAC

TDAP rejects sponsorship requests from foreign exhibitors

FBR action against tax evaders urged

B RECORDER

Karachi braces for increased loadshedding: 650 megawatts cut from February 6

Country facing fake currency onslaught: SBP

APTMA chief condemns 'malicious' drive of ST Department

Notices to 240,000 tax evaders: KCCI urges FBR to ensure strict follow-up

PCGA seeks RG increase on import of cotton yarn

ST fraud case: RTO Faisalabad recovers Rs 100 million

Rs 3.20/unit cut in power tariff: FPCCI for early hearing of CPPA's petition by Nepra

DAILY EXPRESS

FIR registered against fashion designer for tax fraud

Transit trade agreement will given soon to Turkmenistan 

Rawalpindi chamber called meeting of all Pakistan chamber residents on Monday

Pak Vietnam trade can reach up to 5 billion dollor through FTA

Tax defaulters name and photograph should be circulated 


TMA HEAD OFFICE 

DATE: February 03, 2015

AERARI

Daily Market Update

DAWN NEWS

Minister orders crackdown on illegal money transactions

27pc GST on petroleum products challenged in SC

Notices issued to 240,000 potential Taxpayers

THE NEWS

FBR sends notices to 240,000 non-filers

The petrol cut

18 Hundi cases detected, Rs71.5m seized under NAP

B RECORDER

Imported artificial leathers' consignments: LCCI urges minister to stop FBR from conducting raids

51 spinning mills facilitated: gang of tax cheats busted

Government asked to lift ban on new gas connections

Least favourable non-European countries: Pakistan ranked fourth in top five for Britons: survey

MCC establishes Rs 33.94 million tax evasion by paint company

Preparation of profiles: DG-BTB gets info about 240,000 potential taxpayers

Export boost needs a helping hand

Declaring exports a national priority

Government urged to create energy Ministry

POL products: raise in sales tax Challenged

DAILY EXPRESS

Russia offered help in construction of steel mills

FPCCI structure is being changed

Action taken against rich tax defaulters 


TMA HEAD OFFICE 

DATE: February 02, 2015

AERARI

Daily Market Update

DAWN NEWS

Gas supply to textile sector hit by pipeline blast

Gas companies in a fix as IPPs shy away from buying LNG

Traders seek arms licences for guards

Encouraging voluntary tax compliance

Free trade zone in Gwadar

THE NEWS

Petrol shortage hits country after reduction in prices

Unverified SIMs

Central banks and credibility

Raising GST from 22 to 27pc: govt recovering Rs68 bn loss

FPCCI–the missing link

B RECORDER

Gwadar Free Zone: Companies to get20 -year tax holiday

Government claims there's no petrol crisis anywhere

Petrol shortage after price cut

Gas shortage to end during FY15: Minister

Exports to be declared a 'nationalpriority'

CNG still 30 percent cheaper than petrol: APCNGA

Business community hails reduction in POL prices

Government urged to reduce gap between exports and imports

SBP's advice to commercial banks

POL products: raise in GST rate

DAILY EXPRESS

FBR recovered RS 10 core from Tax defaulters

Cotton prices reduces  


TMA HEAD OFFICE 

DATE: February 01, 2015

DAWN NEWS

Fuel prices cut, but sales tax increased

‘SBP taking sides’

Govt may not meet budget deficit ceiling: Dar

Cheaper finance to make exports Competitive

THE NEWS

Petrol price down by Rs7.99, diesel by Rs5.62

CNIC number to be NTN from July 1: Dar

Incentives increase tax collection

Families to control 40pc big enterprises by 2025: study

B RECORDER

POL products: prices slashed but GSTrate Raised

Rupee devaluation condition notaccepted: Dar

Army urged to take control: another lockdown quells trade, business activities

DAILY EXPRESS

1.5% decrease in saving schemes

TMA hails decrease in interest on ERF

CNIC number world be replaced as NTN Number