News Clipping - Archives February 2016


TMA HEAD OFFICE 

DATE: 2016 August 24

DAWN NEWS

Provinces meet today on input tax to avert oil tankers strike

Credit card, what? 53pc Pakistanis don’t know

Industrialists seek Rs100bn package for Karachi

LSM registers dismal growth

Experts stress need to optimise SMEs productivity

Supplementary charge sheet in Baldia factory fire case filed

.THE NEWS

‘Poor infrastructure to aggravate exports decline’

LSM sector posts 3.21pc growth in FY16

KTBA highlights irritants in filing sales tax return

Effective  governance subject to implementation of reforms

LCCI asks to defer Electronic I-Form

B RECORDER

Certain export sectors: all refunds to be paid by October 15: Prime Minister

SBP plans to extend SME loans to Rs 400 billion by 2020

WHT deduction only from unregistered persons proposed

FBR using EPARS to credit refunds into bank accounts

Electronic I-Form: LCCI for deferring Implementation

Industrial infrastructure: Karachi Industrial Forum seeks Rs 100 billion package

KCCI's grievances: governor Punjab to apprise Prime Minister

A note on the Limited Liability Partnership Act, 2016

Imports of machinery group up 37.5 percent in July

Direct taxation: ACCA for different approach to tax management

Textile exporters: FBR asked to introduce ''no payment no refund'' system

The minister without wings

NTC to be completely operational by next month-end: Dastgi

DAILY JANG

Businessmen panel congratulate saying good bye to U.B.G

Prime Minister should pay attention to destroyed infrastructure of Karachi Industrial forum

Stake holders should be taken on board in decision making

F.B.R should publish complete Tax directory by 31st August.

Stressed to achieve 60% growth rate

DAILY EXPRESS

Exports of textile and other goods dropped in July.

Governor Punjab visits Karachi Chamber

Large scale manufacturing goods increased by 3.21%

Karachi industrials is demanded package of 100 billon


TMA HEAD OFFICE 

DATE: 2016 February 29

DAWN NEWS

OMCs resist proposal to sell superior petrol

‘Disrupting’ power crisis

Deviation from business ethics

Rupee rises against dollar, euro

National water policy delayed

All Pakistan Anjuman-i-Tajran has asked the government to extend The deadline for the tax amnesty scheme

Textile and clothing exports dropped by 9pc to

THE NEWS

National Saving Centres Be Made Friendly For Pensioners/senior Citizens

Pakistan Could Be Hit Hard By Global Warming

An Appraisal Of NAB Reference Against A Textile Mills

In Trade, Geography Matters More Than You Think 

Far Behind

B RECORDER

Withholding agents: FBR orders immediate inspection of tax records

Unregistered consumers cannot be burdened with Further Tax: ATIR

Refund claims: traders reject three-year bond formula: SCCI President

Cotton yarn: MCCI demands imposition of 25 percent RD

Don't make exchange rate matter of life and death, Pasha asks government

New companies law

DAILY JANG

DAILY EXPRESS

Recommendation made to reduce petrol price by Rs 8.18 per litter

Severe crisis of water during summer

Decision taken to prepare free trade agreements with Russia and other soviet estates

Trade activates in cotton declined 

Customs officials blamed for using authority in personal interest

Traders association seeks extension for 3 months in tax scheme

Proposal to tax on foreign remittance on Pakistan

Exports mangers are responsible for putting country in foreign loans


TMA HEAD OFFICE 

DATE: 2016 February 28

DAWN NEWS

‘Lower ease of doing business ranking hampers FDI’

Can India handle bad times better than China?

UK’s exit from EU will harm world economy, warns G20

Long wait for justice

THE NEWS

‘National exchequer braves Rs5-6bnloss a year due to evasion of duties’

FBR files millions of rupees tax evasion case against fashion designer

Back to square one after VTCS fails

India expects its economy to grow between 7 and 7.75pc in 2016-17

B RECORDER

Broadening of tax base: FBR to convene first national moot on March 17

Tax returns: government urged to extend deadline till June 30

Trade with Iran: businessmen urge government to formulate long-term policy

Ease of doing business: President FPCCI concerned over further decline in 2016

PCGA voices concern over decrease in cotton yield

DAILY JANG

F.B.R will announce strict action against non-filers.

Reduction in P.O.L prices is must

DAILY EXPRESS

Law approved to control theft of electricity

Small traders demand extension in tax scheme

Forex reserves reached at 20 billion 33 crore 29 lac us dollars

Designated commercial counselors visited TMA

Fashion designed blamed for tax evasion


TMA HEAD OFFICE 

DATE: 2016 February 27

DAWN NEWS

Tax amnesty failure

Govt asked to extend deadline for tax amnesty scheme

Renewed buying on cotton market

THE NEWS

110 passport agents nabbed countrywide

Ogra Proposes Rs8.48 A Litre Cut In Petrol Price

Customs Digitising Import Transactions To Check Money Laundering

B RECORDER

Is FBR timely placing on ATL names of taxpayers/traders?

Steep decline in cotton production

PCDMA opposes proposed anti-dumping Duty

POL products'' prices: Ogra recommends up to Rs 8.48 per litre reduction

Textile industry: lack of cost-effectiveness impairs export potential by $3.3 billion

VTC Scheme: FCCI for extending deadline till April 30

FTA with Pakistan likely by year-end: Thailand CG

Low activity on lacklustre cotton market

DAILY JANG

Finance minister promise fulfilled tax refunds of 2.8 billion issued

DAILY EXPRESS

FBR exposing wrong data of revenue by freezing refunds exporters


TMA HEAD OFFICE 

DATE: 2016 February 26

DAWN NEWS

Energy crisis to end by 2018, says Abbasi

Pakistanis invest $2.18bn in Dubai properties

Reserves at $20.33bn

Cargo handling suspended as dock workers down tools

Cotton prices fall

Banks allowed to do business with Iran

THE NEWS

Govt To Launch New Airline, NA Told

Mamnoon Welcomes Investors As Law And Order Improves

Banks’ Deposits Growth May Witness Slow Down In Q1: SBP

Govt Needs To Focus On Non-textile Exports

Banks Allowed To Resume Ties With Iran

Exporters To Get Refunds From Next Month

Forex Reserves Fall To $20.33bln

Textile Exports Feared To Miss Benchmark

Aptma Demands Increase In Duty On Import Of Cotton Yarn

B RECORDER

Banks' rates for currency notes (buying and selling)

Banks, FIs allowed to do business with sanctions-free Iran

Zero-rated ST regime from July 1: 33 percent increase in exports after grant of GSP Plus status: Dastgir

40 newly-designated commercial counsellors visit FPCCI

Forex reserves stand at $20.333 billion

Fine counts of cotton yarn: APTMA never demanded removal of 10 percent RD

Road shows of various products to be held in CARs in May

DAILY JANG

New opportunities will come forward due to zero rated export sectors

Tax offices will remain open tomorrow on holiday 


TMA HEAD OFFICE 

DATE: 2016 February 25

DAWN NEWS

Govt considers withdrawing import duty on fine yarn

Cotton market lacks buying interest

Sindh, UK sign MoU to boost trade and investment cooperation

THE NEWS

FBR plans new campaign against non-filers

‘CPPs electricity cheaper ’

FBR mulls extension in VTCS deadline after muted response

FPCCI says scheme ‘ineffective in broadening tax net’

Overseas firms call for joint efforts to identify new taxpayers

Govt allows private business to import LNG

Cotton firm

KCCI urges CCI not to compel Sindh to buy RLNG

B RECORDER

'SME Financing Help Desk' launched

10 percent RD on fine yarn to be removed: Dastgir

Business community''''s proposals: Dar seeks FBR''''s input on taxation proposals

Nepra to approve Rs 3.38 per unit refund

DTRE scheme: exporters facing serious Issues

Supply of cheap electricity may begin from 2018: Tajikistan Ambassador

Cotton market: spinners, exporters stay on the sidelines due to buying interest

British Business Centre, Sindh BoI sign MoU

Export-oriented textile industry: Aptma hails revival of zero-rating tax regime

DAILY JANG

License for import of natural gas issued to private sector

Govt do implement on textile relief package soon APTMA

Amendment in regulation for using gas will be drastic KCCI

DAILY EXPRESS

New definition in article 158 will impact negative KCCI

First time licensee issued to private sector to trade natural gas    


TMA HEAD OFFICE 

DATE: 2016 February 24

DAWN NEWS

Centre asks Sindh not to end loadshedding for CNG stations

SBP asks banks to check misuse of forex

Textile exports fall 9pc

Powerloom workers protest in Faisalabad

Slow cotton trading

THE NEWS

Dar Directs All Ministries To Complete Power Projects

IP Gas Pipeline To Be Completed At All Costs

End To Miseries Of CNG Users On The Cards

Powerlooms Closed For 12 Days After Owners-workers Clash

Govt Sets Cotton Output Target At 14.101 Million Bales For 2016/17

Tax Registration Halt Causes Problems

‘Heat, Power Shortages To Worsen Water Crisis’

B RECORDER

Newly-selected trade officers visit SCCI

Non-availability of water from Hub Dam: many parts of city experiencing shortage: KWSB chief

Cotton output and area target scaled down

Forex accounts: SBP directs banks to maintain record of transactions

OICCI describes FDI decline as alarming Development

WHT on raw materials - asks FBR to grant exemption to companies registered with LTUs

OICCI seeks special tax incentives for different sectors

Lean business seen on cotton market

Readymade garment exports four percent higher: PBS

DAILY JANG

Motor vehicle will be registered with biometric system

On line registration system not in order in FBR since two months

Cotton year 2016-17 target set for cotton crop

DAILY EXPRESS

Target set to 14.1 million bales in new season

Textile exports fall down expect towel during July to January

Govts new target to induce vast investment Khurram Dastgir  


TMA HEAD OFFICE 

DATE: 2016 February 23

DAWN NEWS

India train service may resume on 25th

Govt urged to cut gas price for industrial consumers

Tannery zone in Sialkot approved

Listless trading on cotton market

THE NEWS

Hot Debate On Key Issues At CCI Meeting Likely

Pakistan Among Top 10 Countries That Benefited From UK’s Golden Visa Scheme

SBP To Allow Banks To Resume Ties With Iran

FBR Advises Customs To Curb Misuse Of FTA With China

Govt Borrowing Balloons To Rs7.4trln In 2015

Export Development Fund Board Approves Sialkot Tannery Zone

FBR Notifies Tax Auditing Selection

Textile Wants Gas Tariff At Par With Region

Itkhtiar Baig Made Chairman Of FICAC’s PR & Media Committee

B RECORDER

Prime Minister orders timely completion of power projects

TRC recommends GPS mapping of shops in big cities

'Business community appreciates significance of CPEC'

Sundar Industrial Estate selected for Best Enterprise award

Textile exports register sharp fall in January

Countries hit by climate change: Pakistan ranked 8th in world, National Assembly informed

UBG urges government to reduce oil prices and power tariff

Deregulating CNG prices: ECC to take decision anytime soon: Sulaiman

APTMA urges government to rationalize gas tariff

First-ever Pak Water Expo from today

Modest recovery seen on cotton market

FTA with Pakistan a must to double existing trade volume: Korean envoy

EDF approves establishment of tannery zone at Sialkot

External audit in pending for years: National Assembly body voices concern over negligence by KPT

DAILY JANG

Ministry of commerce demanded 30 billion export development funds 

DAILY EXPRESS

FBR Seek recommendation of tax rules


TMA HEAD OFFICE 

DATE: 2016 February 22

THE NEWS

Cut In CNG Price Next Month, Says Ghiyas Paracha

B RECORDER

Facility launched to use landline numbers through mobile phones: NTC

Pending refunds: government actively working on bonds: Haroon

Cotton farmers: UIG chairman demands bailout package

PCGA urges government to impose ban on import of cotton from India

Bill being floated to confiscate 'Benami' bank accounts'

SMEDA helps revive 1,532 crisis-hit SMEs

DAILY EXPRESS

Gas imports from Qatar CNG prices will reduce in March Ghayas Paracha

Non tax payers will face severe consequence from 1st March Harron Akhater

Cotton price increased after announcement to supply gas to textile sector  


TMA HEAD OFFICE 

DATE: 2016 February 21

DAWN NEWS

‘Pakistan Airways’ registered

Lifting of Iran sanctions

Lifting of Iran sanctions to boost regional trade: FPCCI

Powerlooms closed for 10 days

THE NEWS

Pharma Companies Raise Prices Of Medicines By Up To 300pc

K-Electric Plans To Add 100MW Electricity To Grid

Corporate Awareness Can Take Care Of Risks, Faulty Governance

FPCCI Hails Lifting Of Sanctions On Iran

‘Govt Wants To Facilitate Small Traders Under VTCS’

B RECORDER

Pakistan Airways registered with SECP

Deduction and deposit of WHT: LTU Lahore unearths wrong practices adopted by mega entities

Prices of most essential kitchen items remain stable

LNG deal to help save $1 billion annually: APBF

DAILY JANG

Valves operation will affective in all areas to supply water KWSB

DAILY EXPRESS

Dual CNIC policy approved in nation wide

Huge loss due to corruption FBR under pressure

Notification issued promotion to chairman FBR Nisar Mohammad to grade 22

Announcement of power tariff should be implemented Main Idress

New steps are likely to increase exports SM Muneer

Textile sector worried on less crop of cotton


TMA HEAD OFFICE 

DATE: 2016 February 20

DAWN NEWS

Pakistan lifts Iran sanctions, eyes $5bn trade

TEXPO 2016

Pakistan needs to streamline corporate taxes

Current account deficit surpasses $2bn

Cotton price falls on muted demand

THE NEWS

Pakistan Lifts All Sanctions On Iran

Tax Ombudsman Asks FBR to Remove Operational Deficiencies

Current Account Deficit Narrows 23 Percent In July-Jan

SBP’s Directive

LNG Vital For Energy Mix In Emerging Economies

B RECORDER

UNSC resolution: Pakistan lifts sanctions on Iran

Power challenge to be fully overcome in two years: Prime Minister

Taxing assets abroad

APTMA hails PM's advice to NAB

Businessmen urged to help expand tax Base

Facilitating investors: Advance ruling mechanism to be devised for all taxes

Exporters concerned over bad law and order situation

NAB's actions: PM's standpoint appreciated by businesspeople

Corporate taxes: Pakistan is the third highest country in world: President FPCCI

Mehtab Uddin Chawla appointed chairman of FPCCI body

Banks, DFIs and MFIs: SBP asks for verification of user accounts on DAP

DAILY JANG

Payment of 52 types taxes is a reason of destabilizing smooth running of business Reauf Alam 

DAILY EXPRESS

FPCCI demanded reduce in rates of taxes


TMA HEAD OFFICE 

DATE: 2016 February 19

DAWN NEWS

Cotton production plummets 34pc

Reserves rise to $20.39bn

Tax evaders warned of penalties

Govt to increase CNG price next month

THE NEWS

FBR Unearths Huge Tax Evasion

TRC Asks Govt To Slap Limit On Personal Remittances Transfer

FBR withdraws zero rating facility

Pakistan Devises Strategy To Promote Trade With Iran

Forex Reserves Up To $20.38bln

Cotton Output Falls 33.6pc Till Feb 15

KCCI Demands CM Sindh To Withdraw 14pc Sales Tax

FPCCI hails PTA among D8 Countries

B RECORDER

Replacing NTN with CNIC creates identifier: all individuals obliged to get registered with FBR: FTO

Ministry to start supplying RLNG to Punjab-based textile units in March

What has the tax amnesty achieved?

KE mulling signing PPA with SNPC for 100 megawatts supply

Corruption charges: SHC rejects SSGC official's bail plea

GSP plus status helps exports surge by 31 percent; Dastgir

Textile units to be shifted to M-3 Industrial Estate: FIEDMC, APTPMA sign MoU

Forex reserves up by $192 million

Moderate activity on steady cotton market

Prices firm as phutti arrivals depict fall in PCGA report

DAILY EXPRESS

Cotton growing season ending and only 97 million bales produced


TMA HEAD OFFICE 

DATE: 2016 February 18

DAWN NEWS

D-8 agrees to implement PTA from July 1

LSM expands 4pc

Buying interest revives on cotton market

THE NEWS

Traders Availing Tax Amnesty Exempted From Withholding Tax

External Debt, Liabilities Increase To $68.5 Billion

Iranian Banks Reconnected To Global Payments Network

Sami Appointed FPCCI’s Body Chief

KATI Hails LNG Deal

Lost In Translation: Wal-Mart Stumbles Hard In Brazil

B RECORDER

VTCS fails to attract traders: FBR receives about 60 IT returns so far

Electricity Act amended: power theft declared serious crime

This salami-slice strategy won't work

July-January FDI up five percent

Argentine's envoy underscores need for better trade ties

Cotton market: Trade activity improves ahead of PCGA report

Trade only way to improve deteriorating relations: India's HC

Indian rupee nears record low

Bangladesh's interbank forex, interest rates

TRIC, FBR decide to implement TRC's short-term proposals

Tax authorities urged to increase number of compliant taxpayers

Two-day weekly gas supply to industries in Punjab restored

DAILY EXPRESS

Idea of making medium tax payers unit


TMA HEAD OFFICE 

DATE: 2016 February 17

DAWN NEWS

Minimum wages of unskilled workers raised to Rs13,000

Ministry pins hopes on SC to control medicine Prices

Rs8.12 per unit tariff approved for Hubco’s power project

FBR asked to debug e-filing system

SECP tells companies to report compliance

Trade officers’ session concludes

THE NEWS

Power Theft Declared Non-bailable Offence

Turkish Investment To Bring Technology

‘Promotion of industrial estates must for growth’

SECP okays Companies General Order

FPCCI Demands Transparency In CPEC

B RECORDER

Overdue ST refunds: FBR likely to issue bonds to exporters

Haroon defends introduction of VTCS

Istanbul Mayor's arrival welcomed: Pakistan-Turkey trade ties can touch new heights: PBIT chief

FBR conference

Government to ensure merit-based business friendly environment: Prime Minister

FATE wing told to educate taxpayers:FTO tells FBR to get IRIS e-system debugged

Little business seen on cotton market

FTAs are not for free

Customs assures resolution to WeBOCrelated Problems

Opposition urges government to cut taxes on POL products, power

DAILY JANG

Finance Minister orders to pay refunds of sales tax up to Rs.5 million by 15th March  


TMA HEAD OFFICE 

DATE: 2016 February 16

DAWN NEWS

Textile ministry declares 45 NTU hirings illegal; orders probe

Send money overseas through banks

Fixing power tariffs

Lacklustre trading on cotton market

FBR seeks proposals for upcoming budget

THE NEWS

Pak-India Talks Not Linked To Pathankot Probe: Indian HC

Sindh To Tax Rented-out Commercial Properties

FBR Launches Countrywide Operation Against Non-duty Paid Vehicles

Jang Launches Mobile App ‘Jang Real’

PIA Suffers Loss Of Rs4.31 Billion Due To Strike

Private Sector’s Banking Deposits Drop 8pc To Rs2.312 Trillion

Textile Industry Warns Protest Against Falling Exports

‘Low Cotton Output To Impact Exports’

‘Taxpayers Unable To E-file Statements’

Efficient Manufacturers Survive Without Govt Handouts

Correction In Power Bills Sought

B RECORDER

India''s HC for increased trade,crossinvestment

Rent on immovable property: Sindh Assembly passes bill

DGCI and MCCs launch major crackdown against smugglers

LNG deal to bridge demand-supply gap: PIAF

Business community supports privatization Policy

Exporters hail PM's decision of allowing zero-rated tax regime

APTMA seeks directions for DISCOs to correct January bills

Cut in power tariff: Ministry fails to implement PM's directive: FCCI

Tax amnesty scheme: government urged to remove flaws

WeBOC system installed at Pak-Afghan Border

Government ready to hold population census next month: National Assembly informed

Fiscal Year 2016 budget proposals: FBR solicits RTOs, LTUs and trade bodies

STPF awaits Prime Minister's approval

'Pakistan experiencing rapid urbanisation, industrial development'

Non-release of refunds: exporters postpone Protest

Advisement of All Pakistan Textile Mills Association 

DAILY JANG

Ishaq Dar Haroon Akhtar and Nisar Muhammad Khan will meet today Rawalpindi and tomorrow Karachi traders

Mal practice still reported in withholding tax Haroon Akhter

Call for nationwide strike if sales tax refunds customs rebate not reimbursed

Instruction to register factorizes and companies in Sindh in two weeks 

DAILY EXPRESS

Four sector including value added textile will protest if refunds are not paid


TMA HEAD OFFICE 

DATE: 2016 February 15

DAWN NEWS

Govt blocks notification for 10 tariff Determinations

Struggling exports in a squeezed space

Cotton growers switching to alternative crops

THE NEWS

Reduction In Industrial Power Tariff By Govt Termed Mere Eyewash

CTD Set To Form Its 1,000-strong Force

Amid Conspiracy And Theories

B RECORDER

Hope for the best but plan for the worst

Call for early announcement of Trade Policy Framework

Section 153(1)(b) of ITO, 2001: deducted IT shall be minimum tax for service providers: ATIR

Amnesty scheme: 100 percent penalty to be imposed on non-tax filers: Haroon

PCGA presents suggestions on how to achieve cotton target

Seminar on 'Adoption of Quality Management System' held

Hub Dam: encroachments causing serious Problems

Advisement of Pakistan Textile Exporters Association 

DAILY JANG

DAILY EXPRESS

Government decides to write sizing in TDAP

Government should consult trade association before announcing packages PRGMEA


TMA HEAD OFFICE 

DATE: 2016 February 14

DAWN NEWS

Textile sector’s borrowing surges to Rs83bn

Subdued trading on cotton market

THE NEWS

SSGC To Provide CNG Uninterruptedly Till 21st

FBR Scores 50 Returns Under Voluntary Tax Compliance Scheme

Nepra Grants Tariff For 1,320MW Coal Power Plants

Healthy Working Environment Leads To Corporate Success

FPCCI Welcomes LNG Supply Agreement With Qatar

Governor Orders Installation Of CCTV Cameras In Parks

B RECORDER

Investigation into cases of tax evasion: retention of seized laptops, documents justified: FTO

Role of Nepra, Ogra slammed

Beef export to UAE fetches $43.61 million during 2014-15

FPCCI chief hails LNG deal

TRC for ATIR-CT merger to create ''national tax tribunal''

Bank transactions: traders take out rally against WHT imposition

Zero-rated ST regime: PM's step to help promote country's exports

DAILY JANG

Rs 1500 fee of smart CNIC is illegal auditor general

DAILY EXPRESS

Value added textile sector decided to go on strike form tomorrow


TMA HEAD OFFICE 

DATE: 2016 February 13

DAWN NEWS

PM announces zero-rated tax regime for export sector

Textile exports seen falling by $3.5bn

Five more LNG deals likely

THE NEWS

Pakistan Saved $6 Billion In 18 Months From Reduced POL Prices

Gift Of Gaseous Gold From Qatar

FBR Expects Retailers, Wholesalers To Avail Tax Amnesty Scheme

K-Energy Rejects Tariff For Coal Power Generation

‘LNG Deal With Qatar To Boost Economy’

2,500 Illegal Electricity Connections Cut Off

PM Announces Zero-rated Sales Tax Regime For Exporters

B RECORDER

Prime Minister agrees to zero-rated ST regime for export sector

FBR-TRC recommendations: Dar forms panel for implementation oversight

Tax amnesty with spoilers

Faisalabad businessmen welcome LNG Deal

Strategic Trade Policy Framework: government asked to make early announcement

Textile, food and rice sectors: Portugal urges entrepreneurs to start joint ventures

Fuel price adjustment: support package for industrial consumers rejected

SECP starts registration of companies under VOSS

K-Electric's operation Burq continues

Country may miss cotton production target: PBIF chief

DAILY JANG

TDAP scandal close associates of Yousuf Raza Gilani remanded for 14 days  

DAILY EXPRESS

Curt order dismissed water board decide to close 6 hydrants

Textile sector fears to 10 million people will go unemployed  


TMA HEAD OFFICE 

DATE: 2016 February 12

DAWN NEWS

Govt asks Ogra to allow recovery of gas utilities’ Rs101bn bank loans from consumers

Oil close to 13-year low as glut persists

Sindh to set up food authority

Reserves slip to $20.20bn

Sindh govt ready to award K-IV project contract to FWO

THE NEWS

Industries To Be Run With LNG,power Rates To Come Down: PM

Five More LNG Import Pacts To Be Signed With Qatar: Minister

Govt Decides To Hand Over K-IV Project To FWO

Sindh Police To Establish Counterterrorism University

SECP Registers 514 Firms In Jan

Forex reserves inch lower

DRAP Warns Of Licence Cancellation On Drug Price Hike

B RECORDER

Government to revive quadrilateral accordwith China: Dastgir

Bank levy to revert to 0.6 percent after VTCS is over: Haroon

Taxpayers paying 25 percent more income tax than 2013: FBR may grant immunity from income tax audit for 2014

Lagarde set for second term as IMF chief

Call for using clean technologies to tackle energy crisis

Textile industry rejects 'support package'

Tevta begins garment sector-related short Courses

Sindh government to establishcounterterrorism University

Ministry directs bodies to streamline issues of business community

SECP registers 514 companies in January

Opposition to raise issues of PIA sell-off, GIDC in NA today

ICMA plans seminars on Companies Bill 2015

Forex reserves decline by $80 million

Rahim Janoo nominated Chairman FPCCI Body

KATI leaders laud LNG supply deal

K-1V water supply project: Sindh government decides to give contract to FWO

DAILY JANG

DAILY EXPRESS

Rs 101 billion additional burden on gas consumers is unjustified opposition senators

Formation of traffic committee for Karachi region

FPCCI to organize global exhibition in August

Strong protest against 50% increase in medicine prices


TMA HEAD OFFICE 

DATE: 2016 February 11

DAWN NEWS

15-year LNG import deal signed with Qatar

Multinationals hike drug prices by 15pc

Car sales soared 45pc in July-Jan

Benefits of digital financial services Highlighted

SNGPL asks CNG outlets to resume sales

TDRO draft to be tabled in parliament this Year

Cotton prices under pressure on slow demand

THE NEWS

Qatar To Provide Rs105 Bn LNG For 15 Years

Private Sector Credit Off-take Surges 89 Percent

Pakistan’s July-Jan Exports Fall 14.4 Percent

Customs Initiate Audit Of Temporary Imports

KTBA Seeks Audit Exemption For Return-filers

B RECORDER

15-year LNG supply deal signed

Pakistan, Qatar sign four MoUs

July-January exports down 14.75 percent YoY

Imported LNG to be sufficient till 2031: Khaqan

Nepra approves 44 paisa per unit hike in KE tariff under FCA

Under Section 176 of the Income Tax Ordinance, 2001: Exercise of powers

Draft of law on dispute resolution to be presented in parliament: Dastgir

FBR asked to introduce concept of ''higher income contribution''

FPCCI SVP for revisiting tax amnesty Scheme

Wrong particulars NADRA blocks 136,000 CNICs

Experts seek complete overhaul of legal and police systems

Cotton market: business activity falls on lack of buying interest

Ministry of Power notifies support package for industry

Returns filed under VTCS: acknowledgement to place new taxpayers on ATL: FBR

LNG supply to CNG outlets in Punjab Restored

Traders hail cut in PIA fares

DAILY JANG

Bank deposits increase at 11% during January –SBP

Trend of registering new company incased in SECP

Delay in construing Pakistan textile city & Karachi garment city 

DAILY EXPRESS

Expectation of falling exports at least during six year


TMA HEAD OFFICE 

DATE: 2016 February 10

DAWN NEWS

PIA employees call off strike

Graveyards

Karachi tax bar seeks audit exemption for Filers

Germany for more trade with Pakistan

THE NEWS

PIA Workers End Strike, Resume Flight Operations

Thar Coal Power Plant Govt’s Top Priority, Says Ahsan Iqbal

Pakistan, Qatar To Sign LNG Supply Treaty In Doha Today

Half Of Karachi’s Water Supply stolen Or Wasted: Commissioner

Bank Deposits Grow To Rs9.4 Trillion In January

Fluid Labour Market Must For Growth Acceleration

State Bank Launches Universal Financial Access Initiative

IPR Suggests Capital Gains Tax On Property

Minister To Open 15th International Textile Fair

Uplift Schemes For Karachi: KMC Chief

KE Severs 3,800 More Illegal Connections Across City

B RECORDER

Banking, other sectors asked to go for digital financing

Prime Minister puts his weight behind private sector

LNG deal to be signed today

Misdeclaration of foreign assets: TRC seeks to amend forex regulations

Development of Thar coal power plant top priority: Ahsan

Cotton hit over four-month low in broad commodities sell-off

Apathy towards export expansion

KE given Rs 400 billion 'subsidy' since Privatization

PM likely to open work on Green Line bus project this month: commissioner

Task of revenue forecasting: FBR needs to form multi-disciplinary team, says TRC

Karachi operation to continue till its logical end: Ebad

DAILY JANG

LNG less then local gas price import of LNG would reduce more price petroleum minister

To distribution water equally walve operation should effective in 10days

DAILY EXPRESS

Gold price high up-to Rs 500

Negative impact on bank deposit from withholding tax

Karachi customs intelligence caught 6.9 million tax collections

FBR official involved in fake refunds


TMA HEAD OFFICE 

DATE: 2016 February 09

DAWN NEWS

Iran gas pipeline project still to be ‘judged’: US official

Gold hits highest in four months

Cotton market steady on sustained demand

FBR desk set up at HCCI

THE NEWS

PBS Tampering With LSM Figures To Look Impressive

Experts To Help Pakistan Modernise Power Grid System

Motorway Police To Introduce Insurance Scheme For Commuters

FBR Plans Hiring Foreign Firm To Collect Accurate Production Data

K-Electric, Tri-Star Power Setting Up 110MW Plant

Credit Suisse Rates Pakistani Banks Best Performers

Another Airline To Begin Flights

B RECORDER

Government to sign 15-yr deal for 3.5 million tonnes Qatari LNG per year

US experts to help Pakistan modernise grid system: Jonathan

IT returns 2015: FBR extends deadline till February 29

FBR starts recovery of Super Tax from Companies

Bangladesh's interbank forex and interest Rates

Nine associations form new alliance

63 companies to participate in 'Pakistan Expo' in Kuala Lumpur

Cotton market: trade activity fails to gain momentum on less supply of quality lint

DAILY JANG

Decision made to obsolete old design banks notes

DAILY EXPRESS

Old design currency notes will not be accepted after 1st Dec 2016

16 Pakistan firms participate in Frankfurt consumers goods shows

Private sector organize Pakistan expo in Malaysia


TMA HEAD OFFICE 

DATE: 2016 February 08

DAWN NEWS

PIA flight operations partially resumed

Pakistan losing yarn market to Vietnam

Rupee strengthens vs dollar

Market for stable interest rates

THE NEWS

Banks Misuse Law To Erode WHT Deductions

B RECORDER

FBR to implement ''WHT Audit Plan'' at national level

EU on GSP Plus scheme

Traders welcome successful IMF review

Prices of essential food commodities remain unchanged

Dar is very dear to IMF

Response to MoF: Prospects for 2015-16

TEVTA issues 13,000 certificates in RPL Program

DAILY JANG

FBR traced Rs 3.52 billion tax theft in banking sector


TMA HEAD OFFICE 

DATE: 2016 February 07

DAWN NEWS

No commitment made to IMF on gas tariff hike, circular debt recovery: Dar

THE NEWS

Govt, IMF Agree To Restrict Future Regimes To Cut Public Debt

Physical Remand Of Gilani’s Aide Extended In TDAP Scam

B RECORDER

Low production of cotton bales: Dar fears missing growth target

New airline could be established within 90 to 120 days

Government working on launch of new airline: Mushahidullah

Open market rates of foreign currencies

MCCI hails decision of SECP to adopt Urdu as official language

Textile & Leather: EU envoy asks business community to go beyond textile, leather sectors

Garments export up by four percent in 1H

Closure of CNG stations: shortage of public transport irks Karachiites

Smuggled goods causing negative impact on manufacturing sector: LCCI chief

Cotton hits four-month low

FTO can take notice of maladministration in FBR: ATIR

Prices of essential kitchen items register Decline

FBR: Transfers and postings

Cotton market: rates firm on hectic buying by mills, spinners

DAILY EXPRESS

Stay against scheduled weekly gas loadsheding

Gold price hike in local and international market


TMA HEAD OFFICE 

DATE: 2016 February 06

DAWN NEWS

Efforts under way to defuse PIA crisis

Lubricant prices unchanged despite cheap oil

IMF clears tax compliance scheme

THE NEWS

Nepra issues notification on cut in power tariff

Industrialised Pakistan

Pakistan Refuses To Accept IMF Demands

Goods Transporters End Strike After Meeting Qaim

Another PC-1 Of Neelum-Jhelumhydropower Project May Be Presented

Customs Recommends Border Management Force

FPCCI Asks Govt To Eliminate Irritants To Boost Growth

B RECORDER

Tax defaulters: FBR suggests new ECL Policy

Resuming PIA flight operations: government fails to convince JAC

Expanding tax net:- appreciates efforts of FBR

KE accelerates Operation Burq

Peace in Karachi

Budget 2016-17: National Assembly body asks KCCI to play pro-active role

PRGMEA to hold 15th Textile Asia trade fair from March 9

DAILY JANG

Goods transport association meets SM Sindh

DAILY EXPRESS

Notification issued to reduced electric price at Rs 3.83 per unit

PIA announces refunds of unused tickets

Rs 530 million tax theft revealed in post clearance audit

SECP translated whole rules in urdu language

APTMA again demands to refund un paid claims 


TMA HEAD OFFICE 

DATE: 2016 February 05

DAWN NEWS

Karachi operation ‘free of pace’, says corps Commander

PIA flight operations remain suspended for 3rd day

5pc growth target to be achieved: Dar

Oil rises above $35 a barrel

Reserves at $20.28bn

Buying revives on cotton market

Gold rises

Nooriabad, Kotri, Hyderabad industrialists told to comply with Sepa order

THE NEWS

Pakistan, IMF Reach Agreement

Karachi Operation To Continue Till All Targets Achieved: Corps Commander

Bahria Town To Build World Class Spinal Cord Hospitals

Compliant Traders To Be In Active Taxpayers List Within 72 Hours: FBR

Government To Issue Financial Instrument Against Tax Refunds

Pakistan Shelves Plan To Privatise Power Firms

Forex Reserves Fall By $227mln

Tax Amnesty To Be Amended On Valid Reasons: NA Body

Aptma Laments Non-implementation Of Tariff Cut

B RECORDER

Sell-off of power companies: government shelves plan

Industrial consumers: reduction in tariff Notified

Unjust fixation of petroleum prices

Resuming PIA flight operations: government fails to convince JAC

POL prices: slight cut no true reflection of global trends: APBF

Forex reserves down $226 million

Oil price decline causes HOBC shortage

Cut in power tariff for industry: APTMA for translating PM's commitment into action

Tax lawyers urged to support VTCS to bring non-filers into tax net

DAILY JANG

Notices issued to private airliners for increasing air fare

New income tax scheme will be introduced from Monday

Effective policy is required to promote investment KATI

Single country exhibition held in Sri Lanka 

DAILY EXPRESS

Pakistan post increased 55% rate for international cargo

Electricity rate reduced at Rs 3 per unit for industrial sector

CCP started investigation on air tariff hike

World food prices fall at list in seven years

FBR’s assurance to solve mater of refunds in two weeks

Iran want give gas in cheap price


TMA HEAD OFFICE 

DATE: 2016 February 04

DAWN NEWS

Ombudsman visits FPCCI

Indo-Pak visa regime

Cotton production shrinks by one-third

LPG prices cut by Rs15 per kg

Microsoft Pakistan to launch job portal in March

THE NEWS

Urdu Mobile App Launched For CPEC

Talks With IMF Moving Positively: Ministry

Field Marshal Raheel Sharif

Is Cancer Curable?

‘Ambiguity In 18th Amendment Creates Grey Areas In Tax Collection’

FBR Team Off To Karachi For VTCS Awareness

Obama Visits Mosque In US For First Time During His Presidency

Tax Ombudsman Forms Committee To Resolve Stuck Refunds’ Issue

Sales Tax Registration Applications Lying Unattended: FPCCI

Cotton Output Slides 33.4pc To 9.6 Million Bales

Chambers To Present Joint Budget Proposals

Spinning Industry Still Faces Problems Despite Power Tariff Cut

PML-N Govt Fails To Initiate Economic Reforms: Report

FPCCI Forms Committee On CPEC

Bank Holiday

15th Textile Asia Next Month

B RECORDER

IMF team recommends giving Pakistan $500 million tranche

Finger won''t visit country

Short deduction of Rs 3.562 billion in ''salaries'': massive leakage in banks'' WHT regime unearthed

Visits of foreign trade teams to Sialkot Sought

Perishable items: ongoing protest hits exports hard

FBR officials rushed to Karachi to hold meetings on VTCS

Decision of cases in 15 days: Ombudsman department to launch novel campaign: Faruqui

PRGMEA to hold 15th Textile Asia in March

All industrial areas: SSGC MD assures provision of equal gas pressure

KCCI criticises SRB for imposing 14 percent tax on indenters

Limitations on exercise of powers under section 38 The Sales Tax Act, 1990

Trade ministers of D-8 to meet in Islamabad on February 17

DAILY JANG

1.0% tax to be paid on declaring turn over more than Rs 25 crore

LPG prices reduced by Rs 15 per kg

Pipe line reserved for SITE industries be kept separately from other consumers

Transporters strike is loss to economy

Investors played pivotal role increasing foreign exchange 

Newly appointed mayor be appointed head of all civic bodies

Dr Ikhtir Baig appointed chairman of FPCCI banking committee

Committee formed in FPCCI on economic corridor

Pakistan business can travel to 15 cities in India on 3 years visa 

Dozen officers of FBR assumed charge

Public should not pay tax of govt fails to end corruption India court 

DAILY EXPRESS

Federal ombudsman stressed on refund of pending claims to traders

Goods transporters resort to strike from today

Haroon Akhter hold meeting with intelligence offices

Meeting will be held to settle trade disputes

Consolidated budget proposals from chamber to be prepared

Tax rate be reduced

Textile Asia Exhibition will be held at Karachi from 9 -11 March


TMA HEAD OFFICE 

DATE: 2016 February 03

DAWN NEWS

Nepra approves 47pc cut in power tariff for one month

Mamnoon stresses measures to boost exports

New OICCI president for more FDI inflow

India cuts cotton output estimate by 3.6pc

One labour court received no case in five years, PA told

THE NEWS

India’s Sahara Group seeks SC nod to sell assets to raise Rs30 bn

Nepra approves Rs3.8 cut in power tariff for Dec 2015

Govt eyes Rs1.8 trillion loans from banks in next three months

No incremental charge on LNG supply: SSGC MD

Pakistan’s cotton consumption likely to fall

Tax amnesty scheme implemented for traders

Pakistan improves compliance with UN conventions: EU

‘Solid waste management system a big issue of Karachi’

Sindh’s collection of sales tax on services up 32pc

Reforms to bring untaxed sectors into tax net 

B RECORDER

'Recent dollar gains against Euro hurt exports to EU countries'

Below 300 units: Rs 3.83 refund for December approved by Nepra Clarification

DI&I IR Karachi prepares report: unscrupulous persons find it quite easy to

Circumvent CREST

Bank levy: applicability of concessionary rate notified

GIDC going to black hole

DAILY JANG

NEPRA has reduced electric tariff by Rs 3.84 paisa per unit

US$ stands stable rise in pound and euro

5 senior officers of Pakistan customs replaced immediately

Control room established in FBR headquarters to make voluntary tax scheme success   


TMA HEAD OFFICE 

DATE: 2016 February 02

DAWN NEWS

Petrol politics

Trade with Spain on the rise

India could squeeze business to balance books

THE NEWS

Send money overseas through banks

Excessive Taxation

Dubai Airport Is World’s Busiest!

Dar Tells IMF‘Government To Implement Macroeconomic Stability Programme’

Sindh Wants Petrol Price Fixed At Rs40 Per Litre

Transparent Businesses At Disadvantage On Multiple Challenges

Trade Between Pakistan, Spain Likely To Rise To $1bln: Envoy

PTA Team Leaves For India

Shahab Rizvi Elected OICCI President

B RECORDER

Tax amnesty scheme gets presidential Sanction

President signs IT (Second Amendment) Act

Bangladesh FX reserves slip in January

Delay in release of refund claims: FBR accused of hampering growth of productive sectors

Text of the Income Tax (Third Amendment) Act, 2016

New return form under VTCS: traders allowed to mention CNIC numbers as IT registration numbers: FBR

Declining exports: lack of investor confidence one of the reasons: Dastgir

'Study Tour' Tanners' team leaves for India

Centre urged to pass benefits of global oil price decline on to masses: Sindh PA adopts resolution

Unchanged policy rate

MoF's response to IPR report on IMF

Dar attends meeting under IMF''s EFF

DAILY JANG

No notice should be issued to new filers without FBR permission

Sindh assembly passed resolution to fix petrol prices Rs 40/- per liter

Abdul Aleem appointed new MD SITE 

DAILY EXPRESS

FBR advertisement

Voluntarily tax scheme announced formally for traders 

Textile machinery exhibition begins 


TMA HEAD OFFICE 

DATE: 2016 February 01

DAWN NEWS

Monetary policy

ISPs: fleecing consumers

Traders and the amnesty scheme

THE NEWS

B RECORDER

Unchanged policy rate aimed at wooing foreign inflows

China grapples with currency challenges

Maximum dose of vitamin C tablets may be harmful

Panel for textile industry

Rupee should be allowed to depreciate to 110: CEO TDAP

Cut in petroleum products' prices notified

Orders passed by Federal Ombudsman and FTO under FOI shall be final, rules LHC

Preshipment certificates: FBR unearths scam in Commerce Ministry

DAILY JANG

Notification of reduction in POL prices announced

Petrol is cheaper than water in UAE

Strategy should be chalked out to handle heat weather in June

TDAP scandal case front man of former PM shifted to Karachi

DAILY EXPRESS

Electric tariff likely to be reduced by Rs 2.64

Muslims population in Britain increased by 30 million first time

Agent again active outside NADRA office

Consumers paying high interest  rate in spite of low markup   

FTA with china shows negative impact

Duty free import of cotton form India broken stability of price

16th convocation of textile institute

Pakistan central cotton research institute become in active