News Clipping - Archives January 2015


TMA HEAD OFFICE 

DATE: January 31, 2015

DAWN NEWS

EU & terrorists

SBP independence

$1bn bonds to be launched for overseas Pakistanis

SBP unveils Rs20 commemorative coin

Airlines urged „extreme caution

PCSIR directed to test water being supplied to Karachi

THE NEWS

FBR expedites clearing blocked sales tax refunds

India’s economic growth revised up by almost 50pc

EU urges ‘extreme caution’ in Pakistan airspace

Economists hail FBR collating bank account details

Businessmen oppose tax audit notices

B RECORDER

Financing under EFS and LTFF cut by 1.5 percent

60 major sectors: effective rate of ST during 2014-15 stands at 4 percent

Banking, Credit & Finance Baig made new chief of FPCCI body

Non-payment of refund claims: textile sector facing serious financial crunch: Prgmea

FBR asked to withdraw ST audit notices

DAILY EXPRESS

Decision taken to increase sales tax on POL production

2 fake rangers arrested involve extortion

FBR accepts big traders could not be included in tax net

1.5 present decreased in ERF and LTF

Denied paying bribe citizen grown old could not get refund

FBR should remove confusion and reservations on audit notices


TMA HEAD OFFICE 

DATE: January 30, 2015

AERARI

Daily Market Update

DAWN NEWS

Ogra seeks 10pc reduction in prices of oil products

2 million unverified SIMs blocked

Electricity for Karachi

Shutdown costs Rs7.5bn to trade, Industry

SBP reserves fall

India becomes world’s biggest gold Consumer

THE NEWS

Forex reserves surge 0.29pc to $15.063 billion

Embassy arranges business meets in Tokyo

B RECORDER

Low gas pressure: SSGC explains Reasons

APTMA chairman urges Sarwar to withdraw resignation

National Assembly body told: over 10.94 million SIMs reverified, 2.48 million blocked or disowned

Forex reserves fall by $34 million

KE extends bill payments date

Daily wagers suffered the most: industrial activities come to a halt in Karachi

No activity at Customs House

RTO Lahore issues: ST refund after 15 years!

Improved energy mix is the only solution

Tariff petition: Ministries exerting undue influence or pressure on Nepra

DAILY EXPRESS

Summary sent to reduce price of petrol by Rs 10.75paisa

Transparent tax audit

US and UK investment reduce 1st 6moths

Due to demand and supply gas pressure reduced

Suspicious transaction reporting limit fixed to 20 lac

Forex reserves reduced by 8.18 core dollar within a week

New Year shopping festival at china 60 Pakistani companies to participate

Ikhtiar Baig appointed chairman of FPCCI committee

Mobile phone connections reduced in 6 months to 40 lac 60 thousand

KE extends date of payment of bills 


TMA HEAD OFFICE 

DATE: January 29, 2015

DAWN NEWS

CPLC controversy

FBR delays refund of Rs30bn

Textile policy delay perturbs industry, Exporters

THE NEWS

Nepra approves upfront solar tariff

Scientists discover way to unboil egg!

Tax authorities start recovery drive against 2.5m evaders

Exporters demand cut in refinancing rate

Microfinance banks get 60pc risk coverage on lending

SSGC explains gas supply at low pressure

B RECORDER

Textile industry to get refunds by February-end: zero-rating request Rejected

KE seeks Nepra's permission to cut power tariff

Cut in discount rate lauded

FPCCI urges government to take advantage of low oil prices

Government urged to implement new textile policy forthwith

Textile exporters hold Dar responsible for industrial sector's financial crisis

SBP Governor urged to fix export refinance rate at 5.5 percent

Pending STRNs: FBR redevising sales tax registration system

Diplomatic Affairs: Ishtiaq named Chairman of FPCCI body

Monetary Policy Statement: some Questions

DAILY EXPRESS

374 officials including 3 DGs of FBR are tax defaulters

Sims verification continue with regulatory investigation and secret services

Govt should empower ministry of Textile 


TMA HEAD OFFICE 

DATE: January 28, 2015

DAWN NEWS

Emergency Steps Planned against Power Breakdowns

PTA official stresses setting up of Mobile Testing Lab

Corporate Watch

Cotton prices cut by Rs100

Subjective Factors Holding Back Pakistan

THE NEWS

Gang involved in huge tax fraud busted

Indecent haste

K-Electric to add 700MW coal power by 2018

SBP advises banks to avoid introducing products to bypass regulatory restrictions

US eyes improving trade

Textile Mills Mull Filing Indian Dumping Complaint

Revenue authority stops taxpayers’ audit

Textiles lag behind others at KSE 100-Index

OICCI lauds formulation of IPOP Policy Board

Chinese team visiting Pakistan

Govt indifferent to textile sector’s woes

PTA seeks proposals from KCCI

Fire destroys thread factory

B RECORDER

Chairman PTA urges government to cut power tariff

Chinese delegation arrives to explore trade opportunities

Concept of single stage ST proposal: FBR Report raises apprehensions

Dubai overtakes Heathrow as top International Airport

Pakistan offers great potential to earn better return on investment: expert

Police emergency service '921' for Karachi Approved

Service charges levied by banks: SBP issues guiding principles on fairness

Single stage sales tax system: DG opposes idea of capturing computerised CNIC of buyers

SOS APPEAL

Textile-specific subsidies in India make Pakistan industry uncompetitive: APTMA

We''re not selling assets to finance fiscal deficit: Zubair

DAILY EXPRESS

Sales Tax on Electric And Gas With Drawn for 74 Industry Units

Bank Should not Charge on service rendered without consent

We cannot move forward economically unit terrorism removed   


TMA HEAD OFFICE 

DATE: January 27, 2015

DAWN NEWS

Rs3.20 Cut in Power Charges Proposed

Confusion at SBP

Pakistan's Fuel Crisis Weighing on Credit Worthiness

THE NEWS

Govt Planning to fix one Location for Protests

Gas shortages in SITE

Rs3.20 per unit Power Tariff Relief on the Anvil

B RECORDER

650 megawatts supply from national grid: Karachi to face big cut as PML-N seeks to exact ''revenge''

Bureaucrats no Longer Seeking Top Positions

Another Meaningless Monetary Policy

Discover Business in United Kingdom with TDAP

LCCI hails one Percent cut in Interest Rate

Interest Rate Cut to Stimulate Private Sector Growth: APBF

New textile policy: PTEA concerned over delay in approval

Prime Minister asks FPCCI to help formulate Economic Policies'

FPCCI Delegation calls on President

By misusing citizens' CNICs: FTO takes up issuance of NTN on fake documents

Non-availability of Gas: SAI Chief warns of Industrial units' closure

Traders, Industrialists hail Reduction in Interest Rate

Baig Appreciates cut in Discount Rate

Why have Finance Secretary on BoD?

Oil Price Decline: cut in Power Tariff proposed

DAILY EXPRESS

C.P.P.A Recommends NEPRA to reduce Electric Traffic by Rs3.20 per unit

Custom told to Rationalize Trade

New Sims will not be sold through Retail Chanel

Interest Rate still not at par with other Countries

Reduction in Discount Rate will improve Economy. 


TMA HEAD OFFICE 

DATE: January 26, 2015

DAWN NEWS

Centre yet to decide whether to discontinue 650MW supply to K-Electric

Depreciating euro to hurt textile exports

B RECORDER

SIMs verification through BVS: government fails to prepare SOPs

Increase in duty on Pet Resin: Ministries lock horns with FBR

Theft of taxpayers'' confidential data: President rejects FBR''s representation

Policy rate cut: businessmen hail SBP's Decision

Biometric verification of mobile phone SIMs

WeBOC: Automated Customs Systems - guardian of Pakistani borders

DAILY EXPRESS

POL prices are likely to be reduced by Rs8.50per liter

Verification mobile phone sims becomes headache for citizens

MINTEX launched 1st web portal

15% regulatory duty be imposed on import of cotton yarn  

Exporters concerns on declining textile exports

Cotton prices fallen

Business community welcome reduction interstate


TMA HEAD OFFICE 

DATE: January 25, 2015

DAWN NEWS

Interest rate cut by 100 basis points

‘Trade deficit widens’

Cars on biogas

Streamlining the issuance of sims

Businessmen term rate cut good but less than desired

SIM verification drive may suffer, PTA warns interior ministry

FIA launches SMS complaint service

THE NEWS

SBP slashes policy rates by 100bps to 8.5 percent

Man involved in Sales Tax fraud arrested in Karachi

Legal notice warns against stopping,reducing 650MW to Karachi

Got a complaint? Send FIA a text message

Central bank slashes policy rates by 100bps to 8.5 percent

Businessmen welcome cut in policy rates

Rate cut hailed

B RECORDER

It was only a mishap: SBP governor

Business industry: rate cut to causepositive impact: Dar

Overnight repo rate reduced to 8.5percent

Gas shortage: industrialists threaten to close down units

Import of cotton yarn: PYMA demands imposition of 15 percent RD

APTMA chief welcomes one percent reduction in bank rate

Textile industry: first online businessportal Launched

MPS: Executive Summary

DAILY EXPRESS

Journalists protest on announcement of monetary policy by Ishaq Dar one hour earlier  

Interest rate reduced by 1%

FIA in traduced SMS service for complain stand information

Business loby succeeded in abolishing special authority of revenue officials 


TMA HEAD OFFICE 

DATE: January 24, 2015

DAWN NEWS

Power system suffers severe blow

Nepra fines K-Electric for charging meter rent

Consumers to bear Rs55bn extra cost for power sector inefficiency

Banking spread shrank in 2014

Export of non-textile items falls 

THE NEWS

ECC allows Nepra to raise power tariff

K Electric fined Rs10m for charging meter rent

LCCI urges withdrawal of Section 140

B RECORDER

Rs 10 million imposed: K-Electric barred from collecting meter rent

Monetary Policy Statement today

Income Tax Ordinance 2001: section 140 creating mistrust between banks, businessmen: LCCI

Textile exports PTEA expresses concern over 6.38 percent decline

January-October 2014: exports to EU up by $1.08 billion due to GSP Plus status: Dastgir

India's FX reserves at record high

Energy crisis continues

FBR''s condition to apply for ECs through IRIS: Clearance of industrial consignments comes to a grinding halt

Appointment of representative to WTO: Officials idling over summary

DAILY EXPRESS

NEPRA fined K-Electric of Rs 1 crore

New Monetary policy to be announced today


TMA HEAD OFFICE 

DATE: January 23, 2015

DAWN NEWS

PM asks Dar to arrange Rs40bn for importing fuel

Industry for 150bps reduction in policy interest rate

Sims & Shakespeare

Unauthorised taxation

Manufacturing expands 4.89pc in Nov

Reserves fall

Govt launches guide on GSP+, after one Year

THE NEWS

PHC stays collection of surcharges on electricity bills

FBR starts getting details of bank accounts

New trade policy after budget: commerce minister

Forex reserves slip 0.27pc to $15.019 billion

Businessmen demand 1.5pc cut in policy rate

Bulletproof cars for businessmen urged

Trade organisations list sent to DGTO

Industries asked to lower gas use

Gilani, Amin Fahim to be indicted on February 19 in TDAP scam case

B RECORDER

DGI&I IR; powers to investigate STRs may be enhanced

Assessment, recovery: FBR to restore old SRO

Forex reserves fall by $34 million

'Trade & industry related issues to be taken up with federal government soon': LCCI members meet Punjab Governor

Suspension of gas supply forces industries to shut down

FPCCI demands withdrawal of ST on security companies

Making vehicles bulletproof: KCCI urges Nisar to waive off NOC condition

DAILY EXPRESS

Trade policy will be announced after budget

Reserves fall

Textile exports dips in 1st quarter by 0.44%

Large scale manufacturing production increased by 2.48% during July-November

Lives are at stake bullet proof cars be allowed to import

Levy of sales tax opposed on series  


TMA HEAD OFFICE 

DATE: January 22, 2015

AERARI

Daily Market Update

DAWN NEWS

LHC seeks report on fuel demand and Supply

5pc GST on POL products challenged

President Obama’s speech

Textile exports dip 6.38pc in Dec

‘Low POL prices must benefit consumers’

Deferment of ST refunds payment irks Exporters

KCCI, LCCI in venture to promote regional trade

THE NEWS

IHC moved against increase in GST on POL products

Central bank expected to soften monetary stance

Govt too slow in implementing economic agenda: report

SBP to issue Rs20 commemorative coin

KCCI seeks action against corrupt officials

Judges appointed in customs courts

Aptma condemns high duty on cotton import

Cellular companies committed to SIM biometric re-verification

B RECORDER

LCCI, KCCI to work for cause of business community

GSP Plus facility: exporters may not reap expected growth due to shortage of gas, electricity

'PRAL to be linked with PHMEA to facilitate exporters'

Government deprives people of benefits from cut in POL prices

Fake sales tax invoices scam: Directorate of I&I-IR extends scope of Investigation

SBP to issue Rs 20 commemorative coin from January 31

NAB arrests Rs 168.452 million loan Defaulter

Dar, FBR chief urged to take notice of harassment to importers

Additional GST on petroleum products IHC issues notices

Reduced POL prices: FPCCI chief urges traders to provide relief to people

Tax evasion is no money laundering

Suggestions for tax reforms – II

CNG station owners: government restrained from levying 32 percent sales tax

50-100 basis points cut in key rate expected: MPS on Saturday

DAILY EXPRESS

Monetary policy will be announced on Saturday

Record of trade bodies sent to DGTO

SIM biometric re-verification

KCCI protests on harassment of importers 


TMA HEAD OFFICE 

DATE: January 21, 2015

DAWN NEWS

Chinese investors urged to explore Pakistan’s potential

The fuel story

SBP taking sides

We want cars

Industries urged to cut gas use

THE NEWS

Power outages to worsen after fuel crisis

IHC to hear petition against increased GST on POL products

Reduction in prices from Feb 1

Multibillion rupees sales tax refund scam unearthed

Turkish envoy for improving bilateral trade

‘POL items shortage halts activities’

SSGC ask industries to reduce load

‘Adequate petrol supplies available’

SME delegates leaving for Japan on 26th

B RECORDER

Government makes Ogra the scapegoat for the whole affair

Punjab government urged to declare Ferozepur Road area as 'Industrial Zone'

Trade & investment symposium held in Beijing: Chinese businesspeople urged to explore Pakistan market potential

Trade between Pakistan, Turkey: CG voices concern at low trade volume

Main accused in issuance of fake ST invoices arrested

SSGC urges industries to reduce gas load by 30 percent

Government asked to import POL products to overcome shortage

Suggestions for tax reforms – I

Controversial SRO: IHC to hear petition Today

TRC pinpoints tax policy, administrative issues within FBR

DAILY EXPRESS

FBR to issue notices to more than 98000 tax defaulter 


TMA HEAD OFFICE 

DATE: January 20, 2015

AERARI

Daily Market Update

DAWN NEWS

Petrol out, LPG in

Fuelling controversy

Proposals incorporated in draft textile policy

SBP chief asks banks to treat consumers fairly

City may receive rain today

THE NEWS

After paralysing Punjab, petrol crisis also hits Karachi

Petrol crisis may go on for another 10 days

Hubco plans to install six coal-based power plants at Hub

PIA to continue New Delhi flights: spokesman

CNG stations to remain open today

Karachi’s fuel panic buying grows as gas stations closed

Banks asked to ensure consumer protection

‘CNG stations can mitigate petrol crisis in Punjab’

Tanners hail deferment of GIDC

TDAP to organise seminar

B RECORDER

Delay in textile policy 2014-19: stakeholders express reservations

Coal-based electricity: 660 megawatts may be added to national grid by 2018

Fuel crisis: APCNGA for stopping illegal distribution of gas

Immovable property: Shahbaz requests Dar to abolish CGT imposed by Centre

PTA urges lawmakers to declare GIDC null and void

Governor SBP urges banks to ensure fair treatment for customers

Further cut in petrol prices from February 1

Publication of annual financial reports: SECP asks all listed firms not to incur excessive expenses

Petrol crisis ignites the battle for Punjab

The petroleum blunder

PIA''s flight operations to New Delhi Intact

DAILY EXPRESS

Scarcity in petroleum vehicle started converting to LPG

Stop in necessary expenses on monetary reports

Draft of Textile polity put before ECC

52 officers promoted by FBR

Up to 11 rupees expected to decrease in petroleum price


TMA HEAD OFFICE 

DATE: January 19, 2015

DAWN NEWS

KASB depositors

FTAs losing their lure

Embedded crisis in textile industry

THE NEWS

FCCI concerned over surge in power loadshedding

Taxing the ‘already taxed’

B RECORDER

Matters of maladministration: Mohtasib can always take notice: ATIR

Un-documented economy & absence of strong audit: USAS met with no success: FBR official

Assurance to businesspeople


TMA HEAD OFFICE 

DATE: January 18, 2015

DAWN NEWS

Crisis brings down power generation by 2,000MW

Out of fuel

Stakeholders wait for SBP decision with Optimism

Bangladesh needs more labour rights to regain trade benefits

THE NEWS

Qaim concerned over extension of GIDC for another 120 days

Steps urged to ensure energy security

B RECORDER

Sales Tax Refund Claims: textile sector facing huge financial crisis: PAF chief

Romanian envoy for strengthening trade, economic ties

Punjab-based textile mills: APTMA condemns SNGPL for gas supply suspension

Four killed, two injured as steam boiler Explodes

Companies Ordinance, 1984: profit/loss not an ingredient of default under section 222: SECP

Pending tax appeals: ATIR figures totally at variance with FBR data

DAILY EXPRESS

Gas surcharge is the right of provinces

FBR ordered to audit all income tax returns


TMA HEAD OFFICE 

DATE: January 17, 2015

DAWN NEWS

Resolution on gas cess bulldozed in NA

Fuel crisis to last at least another week

4,641 companies not filing tax returns

KTBA opposes filing of certificate through IRIS

THE NEWS

Oil stock dries out, power crisis to worsen

Cess Ordinance extended for another 120 days;

Gas Cess Ordinance extended for another 120 days

Tax practitioners oppose online application requirement

Businessmen call for 100bps cut in discount rate

Monetary policy on January 24

Entrepreneurs advised to improve productivity

KCCI urges speedy auction of stranded containers

Compliance updates sent to FBR

Fimcotex to buy 12 GE gas engine units

LCCI laments fuel shortage in Punjab

TDAP chief meets BAFA official

Extra CNG stations shutdown today

Power failures causing water crisis: KWSB

MQM asks PM to retain city’s 650MWsupply

B RECORDER

Petroleum products: official explains reasons behind acute shortage

RD on cotton yarn import: proposal Deferred

Exim Bank to be set up through executive order

Rs 1.70 per unit increase: Ex-post facto approval accorded by ECC

Garments sector: TEVTA to establish training institute at Lahore

Emergency CNG shutdown today

SBP to announce MPS on January 24

Power crisis: FPCCI chief urges government to purchase power from idle RFO plants

Low gas pressure badly hits industrial production: Bilwani

KTBA rejects FBR's directives

Coupon rate cut needed

DAILY EXPRESS

Again another shock to poor’s electric tariff will be increased by 0.68 paisa per unit

Resolution on gas cess bulldozed in NA

Gas tariff will be enhanced in current month

Stuck up funds water and energy crisis are the hurdles towards exports

FBR refunds to taken back tax net expansion

Monetary policy deferred

FBR refused to take back tax net expansion 


TMA HEAD OFFICE 

DATE: January 16, 2015

AERARI

Daily Market Update

DAWN NEWS

Agreement for 650MW supply to KElectric may be renewed

In Japan, Dar makes case for more Investment

Pakistan pavilion at Heimtextil

India makes surprise interest rate cut to 7.75pc

Textile millers decry 10-hour outages

THE NEWS

Beverages not good for health!

Petrol stock in Punjab dries out

India makes surprise early rate cut, more expected

Forex reserves fall one percent to $15.060bn

LCCI urges finance minister to rein FBR

B RECORDER

GIDC Ordinance deferred

Punjab-based textile industry energy woes: Ministry, Discos adding to mills' miseries: APTMA

LCCI urges FBR to stop attaching business accounts

TDAP holds seminar

Five Benami accounts: leading fashion designer found involved in tax evasion

Anti-Money Laundering Act 2010: Senate body forms core committee

SBP to unveil MPS on January 24

July-December FY15: cargo handling at Karachi port up 5 percent

PSQCA seals unlicensed bottled drinking water factory

Heimtextil fair: textile exporters may get orders worth $70 to $80 million

Cheap oil can help foster economic Growth

Bilwani expresses concern overill-equipped fire stations

Pakistan participates in Hemitextile Fair in Germany

SRO likely by January 20-25: FBR may start collecting two percent WHT on property deals

India makes surprise interest rate cut, more expected

DAILY EXPRESS

Leading fashion designer found involved in tax evasion

Petroleum minister announced reduction in petrol price from 1st February 2015

Foreign exchange reserves DIP by 15.25 core dollar

Research centuries being established to form policy matters

Pakistan will get orders form himtextile worth million dollars


TMA HEAD OFFICE 

DATE: January 15, 2015

AERARI

Daily Market Update

DAWN NEWS

SBP tracking cases of money laundering, committee told

Scrutiny of 103m unverified SIMs begins

NBP: tax collection

Govt measures fail to expand tax net

Rs3 per unit cut in power tariff likely

THE NEWS

‘POL prices have been reduced from 28pc to 35pc since Sept 2014’

‘Anti-Money Laundering Bill to help control tax evasion’

FBR imposes Rs200 regulatory duty on cell phones

Nepra issues guidelines for determination of consumer-end tariff

B RECORDER

President, Prime Minister meet Businesspeople

Amendments to AML: Senators express apprehensions over likely misuse

Industrial sector: SBP urged to announce at least 3 percent cut in discount rate

Eighth council meeting of TIFA: Schedule under consideration

AMLA amendments: fiscal offences may be considered money-laundering

Bed wear export grows less than one Percent

DAILY EXPRESS

PM's Export & innovation awards

Textile exports to Europe can be achieved up to 100 billion dollars 


TMA HEAD OFFICE 

DATE: January 14, 2015

AERARI

Daily Market Update

DAWN NEWS

Draft aviation policy seeks to outsource major airports

China trade surplus at record high

THE NEWS

China agrees to more trade concessions for Pakistan, says minister

Govt signs visa abolition agreements with 44 countries

Textile exporters seek release of Rs50bn stuck up tax refund

Banks asked to provide cash withdrawal details of over Rs5 million

Govt drafts first TVET national policy

Aptma concerned over power, gas shortages

Company credentials verification started

Steps sought for complying with EU’s GSP-Plus conventions

SHC seeks Baldia factory fire probe reports

B RECORDER

Joint statement: government underscores need for greater market access

LCCI chief for early resolution of energy Crisis

ECC decision to approve inclusion of Rs 2.4 per unit in consumer tariff Condemned

Punjab textile mills lay off workers: Continuous short energy supply forcing closure of shift: APTMA chief

Industrial loadshedding increases to 10 hours a day

Not-for-profit entities: SECP makes affidavits for renewal of licences mandatory

Last date for submission of application is January 31

FTA with China: Country facing Rs 22 billion loss due to trade imbalance: Dastgir

North Karachi industrial area: KWSB MD asked to resolve water shortage issue

Cut in policy rate widely expected

Appeal

DAILY EXPRESS

Passport and NIC of tax defaulters to be blocked proposed 


TMA HEAD OFFICE 

DATE: January 13, 2015

AERARI

Daily Market Update

THE NEWS

FBR seeks importers’ data to check money transfers

US preclearance facility at Abu Dhabi Airport expands

Businessmen demand significant cut in policy rates

B RECORDER

FTO orders inquiry into misuse of authority by FBR field officials

Faisalabad traders may achieve 3billion pounds trade target: UK envoy

Consumer tariff: PTI leader condemns inclusion of surcharges

Power sector's woes worsen

Arrangements for Pakistan Expo infinal stage: S M Muneer

EU convention ISPM-15: KCA urges exporters to ensure strict compliance

FPCCI elections APBUMA chief felicitates Business Group

Say 'hello' to new adventures in 2015 with Emirates special fares

DAILY EXPRESS

Governor approved formation of Sind Employees old age benefit institution

Inflation and imports increased

International prices fallen Yarn valuation ruling remains since April 2014

Duty on import of yarn from India demanded  

Revision of vehicle taxes provinces informed centre about their reservation

US preclearance facility at Abu Dhabi Airport expands 


TMA HEAD OFFICE 

DATE: January 12, 2015

DAWN NEWS

Power consumers to pay Rs75 billion more a year

Haunting issues in SME financing

THE NEWS

Be optimistic to have a healthy heart!

Indian beggar owns property worth over Rs12m in Bihar!

Extensive Pak-US counter terror talks today

B RECORDER

Investors, industrialists in Quaid-e-Azam Apparel Park: best facilities to be provided under single roof: CM Punjab

PHMA team meets SNGPL GM

Limiting banks' capacity towards Settlements

Bilateral trade links: office of PTBA being established in Faisalabad

Petroleum prices lowest in region

Whole grains lower heart disease risk

DAILY EXPRESS

New monetary policy

Verification of 10 corore mobile phone sims will start form today

Cotton prices remain stable

Shoaib Warsi appointed C.O.O of SSGCL

Himitextile will start from 14th January at Frankfurt 


TMA HEAD OFFICE 

DATE: January 11, 2015

DAWN NEWS

Duty levied on phones, steel products

Trade deficit widens

Cotton prices firm on strong demand

B RECORDER

Imports into Pakistan: European companies seek end to discriminatory taxation

Allegations against chief executive TDAP condemned

DAILY EXPRESS

Verification of biometric sims starts today 


TMA HEAD OFFICE 

DATE: January 10, 2015

DAWN NEWS

Plan to set up 1,000MW plants shelved

Consumers paying Rs3-4 extra on petrol, diesel

THE NEWS

Anger could be an indicator of good health!

Pakistan to import LNG soon: Dastagir

Aptma wants power for textile mills

SECP announcement

B RECORDER

Petroleum products: Senate body asks government to withdraw additional GST

RTO Faisalabad: FBR concerned at slow disposal of TY13 audit cases

SECP extends public dealing hours

Punjab-based textile workers: APTMA chief urges Prime Minister to help save jobs

Warsi re-designated Chief Operating Officer and Deputy Managing Director SSGC

DAILY EXPRESS

Pakistan exports restricted to 12 billion 7 core dollars during July to December 2014

Govt should fulfill commitments with business community

Exporters should concentrate on marketing instead of tourism   


TMA HEAD OFFICE 

DATE: January 09, 2015

DAWN NEWS

Power breakdown hits Punjab, KP

K-Electric may not get 650MW

Tax reform suggestions

Parking fee

Increasing GST

Pakistan, China to soften bank opening Rules

Only 8,375 females apply under youth loan scheme

Reserves surge to $15.212bn

Dawn’s lifestyle show opens today

THE NEWS

Pakistan, China agree to open bank branches

KP traders seek special tax relief package

Fog causes long power breakdown

Five senior officials dismissed as FBR finalises corruption cases

Former SSGC MD redesignated

Forex reserves surge by 1.8pc

Hearing in TDAP scam case put off

B RECORDER

Access to accounts: petitions by banks Dismissed

Forex reserves crosses $15 billion mark

Exports to EU countries may cross $1 billion mark: Dastagir

Europe sick man of the world

July-December revenue collection reaches Rs 1.17 billion

Exporters urged to explore markets in Libya

Etihad Airways recognised among world's top ten safest airlines

SSP assures industrialists, traders of full Security

Indo-Pak region Ishrat urges business to lead in creating peace

APTMA seeks suo motu action against dumping of Indian yarn

DAILY EXPRESS

Foreign exchange reserve increased to 15 billion dollars

Energy crises would be eliminated during mid-2016


TMA HEAD OFFICE 

DATE: January 08, 2015

AERARI

Daily Market Update

DAWN NEWS

76pc corporate taxpayers did not file returns in 2014

Artificial hike forces govt to determine LPG price again

Aptma asks govt to look into Indian yarn Dumping

KCCI warns against gas tariff hike

Commodities: Cotton prices rise

Two years on, few lessons learned from Baldia factory fire

China FTA

2,192 firms enrolled in July-Dec

THE NEWS

FBR to issue online tax exemption certificates

Defaulters inflict Rs100 bn loss on power sector

Govt to regulate LPG prices, says minister

Exercise buys you extra years!

ACLC declares war on car bazaars

Rangers launch helpline

Water shortage

Sindh seeks PM’s help to stop NTDC move

Aptma wants probe into Indian cotton yarn dumping

PM seeks FPCCI suggestions

Textile industry concerned over planned rise in gas rate

SECP registers 2,192 new firms

LCCI calls for 3 percent cut in policy rate

KCCI opposes proposed hike in gas tariff

B RECORDER

SECP registers 469 companies last Month

FBR declares SICTL as Customs Port

FPCCI initiates exercise to prepare budget proposals

Mobile companies asked to ensure biometric registration of SIMs

KCCI opposes proposed hike in gas Tariff

At least 300bps cut in policy rate direly needed: LCCI chief

FBR dismisses four customs officers

SME sector could benefit country through industrial clustering: PCJCCI

Duty-free import from India: government urged to cancel notification issued in March 2012

Up to 2,000MW to be added to national gird by May: National Assembly informed

Cotton market: rates stabilize as trading activity picks up pace

PYMA seeks economic emergency plan

DAILY EXPRESS

Exporters should be motivated to use PNSC ships

Prime minster congratulated to new FPCCI president on telephone

Khalid Rehman appointed SSGCL managing Director

GOVT should not move towards wrong direction

LCCI demands cut in interest rate by 3%

Forces officials to posted at Air ports, Ports Cargo Offices 


TMA HEAD OFFICE 

DATE: January 07, 2015

AERARI

Daily Market Update

DAWN NEWS

CJ takes notice of illegal hydrants in Karachi

Nepra approves reduction in K-Electric Tariff

Solar energy to be brought into national power grid

Businesses for policy rate cut by 200bps

Commodities: Cotton prices fall amid slow trading

THE NEWS

Khalid Rahman appointed as MD SSGC

Oil slumps to new low, Saudi king issues speech

Govt concerned over insufficient use of Pak-China FTA

KE to adjust Rs1.19 cut in tariff by April

Reforms in insurance rules on cards

Highnoon on the Gulf Coast: Canada, Saudi oil set for showdown

Pakistan to pull solar energy into national power grid

B RECORDER

Talks on FTA: Pakistan, China agree to Disagree

Lasbela Chamber chief for 150 to 200 basis points cut in interest rate

Budgetary borrowings decline by 51 percent in 1HFY15

FPCCI President welcomes unity of political, military leadership

SBP annual report 2014: PAAPAM urges SBP to rectify 'mistake'

K-Electric consumers: Rs 1.64 reduction in November tariff approved by Nepra

Defaulting consumers: MD SNGPL issues orders to speed up disconnecting process

SRO militates against ST Act: processing of applications stopped for transfer of registration number

Cotton market: spot rate falls sharply amid easy supply

Sale of illegal SIMs: KCCI welcomes Rangers' warning to cell phone cos


TMA HEAD OFFICE 

DATE: January 06, 2015

AERARI

Daily Market Update

DAWN NEWS

Gas policy

Pakistan 4th biggest user of Bt cotton Seeds

THE NEWS

Attention passenger’s flights may be delayed due to fog

Do not pay extra for your UMRAH journey

LTU Karachi posts 25pc revenue growth in Dec 2014

Customs intelligence detects Rs3.1bn tax evasion during first half

B RECORDER

K-Electric accused of minting money from consumers through bogus SIRs

Yavar Moini joins SBP as Director Islamic Banking

Proposed raise in gas tariff: Prime Minister urged to review decision

Gas tariff: industrialists reject proposed 30 percent hike

Hike in sales tax on petroleum products

GSP Plus status: will we retain it?

DAILY EXPRESS

Yarn industry facing threat due to large scale dumping of Chinees thread 


TMA HEAD OFFICE 

DATE: January 04, 2015

DAWN NEWS

Top officer sacked on corruption Charges

SBP taking sides

Contract work woes

Cotton production records 10 per cent Increase

Private sector set to benefit as govt plans to borrow less

THE NEWS

Pakistan’s per capita income surges by 10.9 percent in FY14

Unwelcome taxes

B RECORDER

Khalid Rahman appointed SSGC MD

DAILY EXPRESS

Registration of non filers would be done compulsory

Tax officials asked for monitoring of large companies

Cotton prices reduced due to low trade


TMA HEAD OFFICE 

DATE: January 03, 2015

DAWN NEWS

LHC seeks reply to 22pc sales tax on POL

Biodegradable bags

New names sent to PM for WTO envoy

2015 be declared year of economic revival: FPCCI

THE NEWS

PM dismisses FBR officer for inefficiency, corruption

‘Difference between CNG, petrol prices can be maintained’

Govt’s reply in POL tax case sought

FBR officer dismissed on corruption charges

FPCCI head asks to withdraw five percent sales tax on petroleum

SRB collects sales tax of Rs4bn in Dec

New FPCCI president welcomed

B RECORDER

Not for Profit Associations: SECP to examine all licences

Senators lambaste government for proposed rise in gas tariff

Exporters dispute official statistics: garments exports post 10 percent growth

LCCI urges ministry to free ship stuck in UAE

FBR official: Prime Minister imposes penalty of dismissal from service

Increase in ST on petroleum products: LHC seeks reply from federal government by January 7

LCCI greets FPCCI's new leadership

Oil price decline: PIA, Railways reluctant to reduce fares

Petroleum products: FPCCI chief urges government to withdraw 5 percent additional GST

Weekly SPI inflation up 0.79 percent

Bangladesh foreign exchange reserves rise over $22 billion

DAILY EXPRESS

Increase in Gas charges of Value-added Textile criticized

2015 year be named economic revival 


TMA HEAD OFFICE 

DATE: January 02, 2015

AERARI

Daily Market Update

DAWN NEWS

Inflation rose to 4.3pc in December

Reserves fall to $14.944bn

Saudi Arabia makes health insurance mandatory for visitors

THE NEWS

Tax Reforms

10 brands of mineral water found contaminated

Corporate income tax returns filing dropped by 47 percent

Pakistan December yr/yr inflation 4.3pc

FBR seeks online access to accountholders details

Forex reserves fall 1.02pc to $14.944 billion

‘India imposes nontrade barriers against partners’

GSP Plus benefit missing in trade statistics

B RECORDER

20 percent increase in gas price likely

Fire destroys 220 cotton bales procured by TCP

Low gas pressure: Industrial units of SITE come to a halt

Practical steps needed to trim cost of doing business: FCCI

Rs 92.234 billion revenue under GIDC Collected

January-June period: Tax machinery required to collect Rs 1.64 trillion

SRB collects record Rs 4 billion ST in December

DAILY EXPRESS

Reserves fall

Mian Idress take charge of President of FPCCI 


TMA HEAD OFFICE 

DATE: January 01, 2015

AERARI

Daily Market Update

DAWN NEWS

Sharif announces cut in oil prices

Taxing petroleum

July-Dec collection falls short by Rs126bn

A harsh year for cotton economy

THE NEWS

Petrol goes down by Rs6.25 per litre, diesel by Rs7.86

Opposition walks out of Senate over GST raise

Legal experts slam sales tax increase procedure

SBP bars banks from entering into settlement with defaulters

Govt committed to resolve energy crisis: Mamnoon

B RECORDER

A New Year ''gift'': Rs 6.25 cut in petrol Prices

Demand for security devices increases

Provisional figures: FBR collects Rs 1.157 trillion revenue during July-December

Input tax adjustment, payments: FBR, provincial revenue boards to share sales tax data

Overbilling in three months: Nepra chief sees ''some other factors''

NOC by NAB: SBP bars banks from carrying out settlements with defaulters

DAILY EXPRESS

Scuffle amongst federation members

Petrol Price down

Woman chapter be included in labor laws