News Clipping - Archives March 2014


TMA HEAD OFFICE 

DATE 31st-March-2014

DAWN NEWS

Solar energy: starting a campaign

Idle textile capacity

THE NEWS

WB to provide $10.2 bn to Pakistan in next five years

B RECORDER

Establishment of Punjab Revenue Authority challenged

FBR Commissioner Appeals' forum being misused

FTO asks FBR chief to look into grievances of taxpayers

Trade with India: why oppose it?

Amendment to Sales Tax Act, 1990

DAILY JANG

Pol prices reduced by Rs 5.61 summary to be signed today

Govt has collected Rs 5.1 Billion under the head levy 


TMA HEAD OFFICE 

DATE 30th-March-2014

DAWN NEWS

Govt efforts insufficient to reverse looming Disney ban

CNG for six hours daily from April 1

Tough economic choices

Tax policies

WB supports economic revival

THE NEWS

Punjab CNG stations to remain open for six hours a day

Textile, iron companies using FTO office to break tax queue

IMF for expanding tax circle, ending relaxations

Baig brothers host dinner for new TDAP CEO

Country to become self-sufficient in gas in 5 years: minister

FBR likely to ask banks to provide details

Wal-Mart sees $3bn opportunity to refill shelves

B RECORDER

Export of 500 megawatts power: decision subject to clearance by India''s Cabinet

Inflation likely to rebound: IMF

Section 177 of IT Ordinance: LHC stays selection of cases for audit

Business community for making NTN Mandatory

'Carpet sector can't benefit unless zerorating regime is restored'

Chinese businessmen investing $32 billion in energy sector: Asif

CNG stations in Punjab to remain open for six hours a day: Khaqan

DAILY JANG

Textile, iron companies using FTO office to break tax queue


TMA HEAD OFFICE 

DATE 29th-March-2014

DAWN NEWS

SBP warns of increase in fiscal deficit

IMF criticises tax amnesty scheme for Investors

Return of CNG

Smartphone market to double next year

SBP tightens Islamic banking rules

Walmart sues Visa for $5bn for rigging card Fees

THE NEWS

Ogra proposes deep cuts in POL prices from April 1

State Bank gives warning signals

IMF wants tough money laundering laws

Mamnoon lauds businessmen’s role in ‘economic turnaround’

Rs7.7 billion gas stolen in one year, NA told

‘FBR needs to improve tax collection'

Chinese companies refuse to install coal-based power plants

Agriculturists should file returns, wealth statements

Three solar plants to come online in early 2016

Baig to inaugurate ITIF Asia

Small traders threaten closure of businesses

B RECORDER

Budget fiscal year 2015: government asked to take Rs 195 billion additional taxation steps

Need for increasing tax revenues

President urges businessmen to help attract investment

PCGA recommends three options to rescue ginning sector

Gas pipeline blown up in Dera Bugti

Trade with India: farmers' interests to be protected: Bosan

Rs 513 billion petroleum development levy collected in five years: Khaqan

Ikhtiar Baig to inaugurate ITIF Asia Today

Goods cleared sans WHT: FBR verifying exemption certificates

DAILY JANG

Petrol ke masnoat per 5 roupe ke 61 pase fi letter kami ke smari ka arsal

Karachi ka lea bejli per 1 rupe 39 pase mehngi karne ke darkhost

India ka intakhabat min bdre sanant karo or groupo ke sarmya kari

Ti dap ke sakh ke bhteri ka lea karpshion or badenwani me malwase afrad ko farig kardya jae ga

Dr. Ekhrtyar Baig aaj egyarwe international trade and industries fair 2014 ka iftita kare ga

Santi Ealko ke meyashat ke lea heham krdara adaa karae rhe hei kamshnir Karachi 


TMA HEAD OFFICE 

DATE 28th-March-2014

DAWN NEWS

Long queues at CNG stations to end from April 1

Remittances from UAE can be doubled

FPCCI terms duties, taxes discriminatory

Salfi Textile Mills to have GE gas engines

WHO certifies India, 10 other Asian nations polio-free

Factory worker dies ‘in fire’

THE NEWS

Wapda ordered to cut power connections of defaulters

The MFN circus

Hopeful of achieving tax collection target

Forex reserves decline to $9.14 billion

Chinese businessmen to invest in textiles

Plastic scrap continues to plague Pakistan

PLGMEA demands changes in TDAP

Removal of tax discrimination urged

Experts seek industrial policy, MFN status for India

B RECORDER

Forex reserves slump by over $505 million in a week

 $867.6 million earned from export of surgical instruments: National Assembly informed

Smeda urges Chinese to invest in Special Economic Zones

LCCI, Punjab Labour Department sign MoU

Trade with India: 'Islamabad must ensure its long-term commercial interests are protected'

'Canada pursues broad range of interests through bilateral ties': Denis delivers speech at MCCI

10 spinning mills closed down in Punjab

FBR may withdraw tax exemptions to specific sectors

'Government establishing Gas Utility Tribunals to check gas theft'

Transfers, postings in FBR

Saiddain made Chairman FPCCI body on leather

Bedwear exports rise to $1.4 billion

Renewal of membership: KCCI office to remain open upto 6 pm till March 31

The road to hell is paved with...

Mobile phone imports rise to $432.4 Million

Improved economic activity: surge in repatriation of profits, dividends

TDAP scam: Fahim seeks time to appear before investigators

Depositing less advance tax: LTUs, RTOs fail to take action against Companies

DAILY JANG

Federal budget will be announced on 7th or 14th June by finance minister :Dar

Foreign exchange Company involved in hundi transaction

Industrial and business consumers are big defaulters

M.Rizwan appointed vice chairman of FPCCI law and Order committee

Amjad Rafi has been reelected as chairman business council of FPCCI 


TMA HEAD OFFICE 

DATE 27th-March-2014

DAWN NEWS

Yarn producers seek govt help to avert crisis

WB-assisted plan to cut power subsidy

SRO issued on ST cross-adjustment

Pakistan, EU to enhance cooperation in Energy

Rs320bn tax relief for businessmen

THE NEWS

PM dumps MFN, trade with India on FO’s advice

Pakistan refuses to abolish negative list

Rupee hits 14-month high

Businessmen avoiding visiting factories

Fixed advance tax on domestic air tickets proposed

Shale gas, oil only recipe to cope with energy crisis

‘Use of Khokhrapar trade route will greatly benefit Sindh’s economy’

B RECORDER

Five-point agenda for revival of economy floated

GSP Plus status: exports witness double-digit growth during last two months: Governor Punjab

Effective July 1: retrospective crossadjustment of ST allowed

Cotton procurement from ginners: KCA concerned over government's likely move

FPCCI body of raw cotton: Naseem Usman made senior vice chairman

ST refunds, other issues to be settled soon: S M Muneer

FBR fails to dispose of refunds: 'FTO exercises jurisdiction over cases of maladministration'

Misuse of SROs: recovery action against textile units, companies launched

Sartaj, army stopped Nawaz from India trade deal?

DAILY JANG

Govt will take all steps to boost export

On the advice of foreign office PM has not granted MFN status to INDIA   


TMA HEAD OFFICE 

DATE 26th-March-2014

DAWN NEWS

LPG smuggling on the rise

Business confidence falls by 1pc: survey

Honda slashes car prices

Price stability top priority: Dar

‘Pakistan open for business'

FBR seeks proposals on tax measures

Pak-China trade conference begins

Europe’s safety squad finds more toxic toys and textiles

THE NEWS

Dar says Forex reserves to touch $10 billion soon

Nepra report says no end to loadshedding till 2018

UK-Pak Chamber of Commerce faces internal management crisis

Nepra increases power tariff by Rs2.24 per unit

OICCI sees investor confidence waning

Rupee appreciation to hit prices: Dar

FBR seeks Tax Advisory Council proposals

Baig reelected Pak-UAE council chief

Ogra holds public hearing

B RECORDER

Tax notices: government to annul CNICs of non-respondents

GSP+ status: Prime Minister thanks Merkel for her support

Power tariff raised by Rs 2.24 per unit

Textile exports register growth: APTMA Punjab for uninterrupted energy supply to reap benefits of GSP+

Recovery of outstanding dues: KElectric treating defaulting, honest consumers alike

PYMA hails deferment of NDMA to India

Fiscal laws, AMLA: Finance Division drops FBR proposal to conduct study

Switch over to LNG for power generation: Country can save $400 million per annum

KCCI, BCCI sign MoU

OICCI: Business Confidence Index falls by one percent in March

No nation was ever ruined by trade?

Macroeconomic indicators showing positive direction: Dar

Dollar rates in interbank, open markets: exchange companies asked to help maintain difference of up to one percent

DAILY JANG

Loadsheeding will not end till 2018

Trade pact with India kept pending

Dr. Baig Elected chairman of Pak-UAE business council

Arif siddiqi appointed as chairman of utilization committee of FPCCI

Business community should introduce products to EU markets

Pact signed with Pak-Bahrain Chamber

Forex resaves will increase by 10 BL


TMA HEAD OFFICE 

DATE 25th-March-2014

DAWN NEWS

IMF clears $555m for Pakistan

Govt imposes 17pc sales tax on gas to CNG Stations

Govt urged to avert Walt Disney blacklisting

No decision on SROs

Smeda, SBP sign MoU

Industrialists will be bound to reveal source of investment, PA told

THE NEWS

Interest-based business punishable in Balochistan

Computer can spot false faces better than you

Rupee-dollar spread in interbank, open markets widens

Dar expects forex reserves to touch double digit

Revenue body considering setting up new directorate

FBR working to rationalise SROs regime: Dar

US for promoting trade with Pakistan

B RECORDER

Concessionary SROs: panel firms up Recommendations

Rs 34 billion TDAP scam: SBP urged to conduct forensic audit of 10 banks

MCCI urged to take up GSP plus status as challenge: Belgium Military Attache sees $1 billion rise in mutual trade

Section 2(22A) of STA: LHC judgement puts question mark on legal status of MoUs

ST refunds blockage leaves chemical makers in a fix

ST Amend Ordinance promulgated: 17 percent sales tax on CNG outlets comes into force

PBC objects to tax amnesty scheme

Former FBR advisor's recommendation: retailers' registration threshold be cut to Rs 2.5 million

Raw materials import - for bringing down advance tax rate to one percent

75 percent of export consignments being cleared without inspection: Collector MCC

SBP seeks dollar buyers'' data

POL prices likely to drop in April

DAILY JANG

Sindh Govt is working on legislation of setting up of new industries

Gas loadsheeding will be reduced by 24hrs in CNG Station

Clearance if exports cargo is being done through green channel

Main motive of India to dominate

TDAP invites application for International exhibition Angola

Reduction of prices in Pol is expected

Lutfullah assumed office of director general intelligence customs 


TMA HEAD OFFICE 

DATE 24th-March-2014

DAWN NEWS

FBR detects 40 fake firms

Rupee appreciation impact and outlook

LNG import viability

Ginners’ drive for capacity uplift

THE NEWS

Budgetary reforms and way forward

Honey helps fight antibiotic resistance

Towel factory destroyed in fire

Regular check-ups after 40 can save your kidneys

Dars exchange rate equilibrium

B RECORDER

TDAP case: FIA to investigate Amin Fahim today

PCGA seeks bailout package for ginners

FBR's powers for SROs issuance: PBC, OICCI submit various proposals

Legitimate market expectations

Pak India trade normalisation – II


TMA HEAD OFFICE 

DATE 23rd-March-2014

DAWN NEWS

Country needs more investment in water, sanitation sector: study

Electricity tariff

EU funding to benefit Pakistan

Carpet sector demands zero-rating

THE NEWS

Foreign Office pours cold water on MFN status for India

Businessmen asked to focus on outsourcing

‘GSP Plus a blessing for value-added sector’

Point of View

‘Rising water insecurities to force conflicts’

Price of HSD to go up

Mamnoon to open OIC trade conference

Restoration of zero-rated regime urged

B RECORDER

Budget proposals: PBC for cancelling CNICs, passports of undocumented Persons

Salaried class: highest tax slab slash to 20 percent sought

POL prices likely to go down in April

Grant of MFN status, NDMA to India to widen Pakistan trade deficit': MCCI body warns

MCCI seeks representation in Tax Advisory Council

Availing GSP Plus status: Carpet sector seeks zero-rating facility

No payment, no refund system: Motiwala suggests policy for exports

Pak India trade normalisation – I

Prices of clothes & apparels up by 15 percent

Notification on ST cross adjustment Tomorrow

DAILY JANG

Before Election don’t give MFN status to India 


TMA HEAD OFFICE 

DATE 22nd-March-2014

DAWN NEWS

Loadshedding of gas to be reduced in Punjab, Sindh

NDMA for India delayed

Electricity from India

FBR member admits tax scheme gets poor response

THE NEWS

Rental power plants to end loadshedding under new name

No harm in increasing trade with India

PM’s amnesty scheme unsuccessful so far: FBR

Provincial revenue authorities in a fix over collection

APCNGA to challenge FBR’s proposal in court

Govt asked to study Indian subsidies

‘Redesigned project of Textile City ready to re-launch’

TDAP zeros in on $50bn exports

CNG curtailment likely to end next week

B RECORDER

FBR kicks off fiscal year 2015 budget Preparations

Pak-EU strategic dialogue from March 24

E-filing of ST at 17 percent: APCNGA urges FBR to implement Supreme Court decision

Chinese companies urged to avail investment opportunities

Major indicators show economy moving on the right track: Dar

TDAP chief vows to induce merit-based System

Deferring proposed FTA with India: KBP President welcomes Prime Minister's Decision

Australia asks PCGA to take part in cotton moot

Zaki to represent KCCI on Tax Advisory Council

FDI likely to decline further: report

Asia Pacific Leather Fair' in Hong Kong: TDAP chief to be chief guest at Pakistan Pavilion's opening

Tesco confirms joint venture with Tata in India

BlackBerry sells its Canadian properties

Foam product: taxable supplies subject to 19 percent ST: FBR

'Service tax attains worldwide Importance'

DAILY JANG

Zaki to represent KCCI on Tax Advisory Council


TMA HEAD OFFICE 

DATE 21st-March-2014

DAWN NEWS

EU wants stronger ties with Pakistan

English courses

Quality control

Reserves close to $10bn

GSP+ demands improvement in quality

Govt urged to ban cotton import from India

Cabinet meeting on MFN status postponed

THE NEWS

Pak, India trade stakeholders should be taken into confidence first: expert

Trade deal with India hits snag because of GHQ’s silence

Dollar becomes costly near Durand line

SBP’s forex reserves rise to $4.8 billion

Ministry questions gas price difference for fertilizers

‘Pakistan to receive first LNG consignment in February 2015’

Govt urged to work with private sector

Alarmed traders demand clear strategy for peace

British firm interested in waste management

B RECORDER

FTA, economy and defence: Islamabad, Manama to broaden engagement

Finance Amend Ordinance drafted: CNG outlets to pay 26 percent tax

NDMA plan shelved?

Collection of duties/taxes: banks to remain open on 29th, 31st

International business, media perceptions of Pakistan discussed

MCCI for restoring six working days a Week

PCGA seeks ban on import of yarn from India

KCCI voices concern over DG Rangers' Remarks

Current account trend

Modalities being worked out: LPG prices to be deregulated

Energy conservation, efficiency vital to overcome crisis: Straehle

DAILY JANG

Real income and assets data to be placed on FBR data bank 

GHQ silence is hurdle in the way of MFN to India

Private sector should be taken on board

DG ranger’s statement has increased panic amongst business community

Forex reserves increased by 6.6489 bl Dollar

Effective use of energy is important to overcome energy crisis  

TDAP will now work on fast track

Duration of un announced loadshediing increased 


TMA HEAD OFFICE 

DATE 20th-March-2014

DAWN NEWS

Strong trade ties with Bahrain urged

Dollar slips further amid SBP intervention

17 pacts signed with Bahrain

FTA with Indonesia next year

THE NEWS

Stage set to give market access to India

Rangers not empowered enough, complains DG

FBR considering mandatory tax payment verification

FPCCI urges Bahrain to become partner in economic revival

LCCI to facilitate members

B RECORDER

NDMA or MFN status: India sharesnonpapers on proposed duty structure

Trade, economic ties Pakistan, Bahrain sign deals

India wants to promote cordial trade ties: Raghavan

Grant of NDMA to India: will it be a boon or a bane for Pakistani industry?

'Pro-Indian policies hit cotton industry hard'

Additional powers to Rangers not more than a piece of paper: DG

Government asked to rationalize number of holidays

Bahrain king for enhanced bilateral trade and investment: FO

Membership renewal: LCCI to facilitate members without break till March 31

Pak-Bahrain Seminar: B2B meetings held to explore investment, trade opportunities

Afridi allocated textile industry portfolio

DAILY JANG

Regional trade will make Pakistan prosperous

Pak Bahrain trade pacts in the interest of two countries

Ishtiaq Baig appointed as chairman of diplomatic affairs committee of FPCCI

31st march is the last date for renewal of KCCI membership

Finance minister should concentrate on refunds

A new system is being introduced to look into hiding of income 


TMA HEAD OFFICE 

DATE 19th-March-2014

DAWN NEWS

EU envoy asks Pakistan to improve trade ties with neighbours

Indian HC for avoiding ‘petty issues

Pollution in Pakistani cities

13.36m cotton bales reach ginneries

Rational policy on holidays urged

Positive projection to attract foreign Investors

THE NEWS

‘Karachi cheapest city’

Govt urged to reduce import duty

Pakistan on path to economic recovery: Iqbal

FPCCI demands policy on holidays

B RECORDER

Huge revenue loss: major budgetary steps to be reversed

'Pak-Finland Business Summit to be held in near future': Finnish envoy visits FCCI

PBEA criticises FPCCI chief's statement

TDAP urged to mitigate exporters' Problems

Government making efforts to overcome energy crisis: S M Muneer

Spinners' dilly-dallying: MoC may procure 1m bales of cotton from ginners

Banks told to launch drive for realization of export proceeds

June 2013 to March 2014: 100mmcfd of gas and 4,000 barrels of oil added to system

Transportation, energy & agriculture sectors: EU to begin new projects: envoy

Milking the consumer

Misuse of ST, IT jurisdictions: FBR yet to take policy measures

DAILY JANG

Volume of Pak-India trader increased by 2 billion Dollars

500mw electricity will be provider to Pakistan

Statement of finance minister on refunds is just up to media 

Gold price reduced by Rs 100 per tola

Pak US trader expo will be held between 2nd may to 5th may

Economic stability is a must for inclusion developing countries  


 TMA HEAD OFFICE 

DATE 18th-March-2014

DAWN NEWS

MFN status on Friday likely

More Pakistani missions in Europe to have MRP facility

No inspection of oxygen filling unit since 1982

Two passport offices to move to new locations Soon

Provinces may forgo billions to bail out gas Companies

Uncertainty prevails in currency market

LSM grows 2.5pc

Pakistan may grant India MFN status on Friday

KSE asks for tax rate on listed companies at 25pc

Prgmea, Aptma in tiff over duty on yarn Imports

THE NEWS

Foreign investors’ assets to be safeguarded: PM

Businessman donates bulletproof jackets to police

IMF tranche to help reserves touch $10 billion mark

FBR officials to be trained for audit

‘US firms eager to boost investment’

Economy picking up momentum: Wathra

Farmers to stage sit-in against NDMA status to India

‘Pakistan has huge trade potential'

Nepalese envoy visits LCCI

Sales tax refunds payment to restore confidence: FPCCI

‘TDAP should evolve export strategy for China’

B RECORDER

Goods and services: FBR may allow retrospective cross adjustment of ST 

Exporters submitting fake Form ''E''

Trade with India: Minister fails to ease concerns of industrialists

FBR briefing to Prime Minister rescheduled for March 31

Pakistan signs 60 bilateral investment treaties so far

'Businessmen should avail of BTA to enhance two-way trade volume': Nepalese envoy visits LCCI

Traders, industrialists reject hike in power tariff

Czech envoy calls to address security issues for economic revival

Hiring guards, drivers: Industrialists urged to scrutinise credentials

Government will welcome FDI instead of loan or aid: Dar tells Japanese Ambassador

SNGPL, SSGCL reduce UfG losses from 12 percent to 9.33 percent

Economy recovering at a great pace: Wathra

APTMA greets S M Muneer on assuming TDAP charge

Treading with care


TMA HEAD OFFICE 

DATE 17th-March-2014

DAWN NEWS

Dollar crash and Nawaz Sharif

Artificial

SME Bank: other view

Interest rate retained

Rupee in a comfort zone

Outlook for India-Pakistan trade

THE NEWS

China plans to open consulate in Lahore

Dar’s Dilemma

Rupee misadventures

B RECORDER

Sensible thinking at SBP

Liberalisation of trade with India will cut prices: EU

Income Tax Ordinance, 2001: ATIR interprets applicability of Section 18(1) (d)

Value-added hosiery sector: PHMEA flays delay in restoration of gas supply

Pakistan facing multidimensional crises: major surgery required for economic stability: Kardar

Tax target

Rupee appreciation


TMA HEAD OFFICE 

DATE 16th-March-2014

DAWN NEWS

Billions lost in bogus sales tax refunds

Policy rate left unchanged

Economy faces serious challenges: SBP

Decision surprises businessmen

Industrialists facing land grabbers

THE NEWS

SBP backs govt steps for economic revival

Discount rate status quo maintained despite rupee appreciation

Businessmen reject SBP decision

‘Pakistan is world’s major untapped market'

Point of View

China’s bank halts Tencent, Alibaba mobile payment process

PCMEA seeks representation on board

B RECORDER

Policy rate remains unchanged

FBR issues guide to facilitate withholding Agents

KCCI president disappointed with monetary policy

Positive trends in economy attracting foreign investment

S M Muneer's appointment as TDAP Chairman welcomed

FCCI team leaves for Brazil, Argentina for exploring markets

GSP Plus status: training workshop to be organised soon

'Pakistan, Australia need to open up new vistas, avenues of trade': HC visits MCCI

Non-deduction of advance tax on sales FBR launches recovery drive

Registered taxpayers: RTOs told to avoid unnecessary change of jurisdiction


TMA HEAD OFFICE 

DATE 15th-March-2014

DAWN NEWS

Karachi operation to continue: Sharif

Opposition seeks debate in Senate on $1.5 billion bailout

Pakistan, UK to enhance strategic ties

Govt intervenes to check volatility

FDI jumps by 18pc

KMC command & control centre opened

THE NEWS

Rupee appreciation to shave FBR revenues by Rs40bn: officials

Pakistan to achieve 4.5pc GDP growth: Dar

FDI rises by 17 percent in eight months

LCCI thanks finance minister

Businessmen praise govt for economic stability

LNG import to support local, export industry

TDAP chief’s appointment hailed

Point of View

B RECORDER

Adequate dollar supply in market Assured

Nawaz spells out power priorities

FDI posts 18 percent increase during eight months

Dar hailed for directing FBR to clear refunds till April 15

CIIT to hold third Pak-China Business Forum from March 21

FCCI plans to organise 'single country' exhibition with Afghanistan

PIAF slates massive increase in power Tariff

Back to load-shedding

Virk new DG FBR's intelligence unit

Multi-million fake refunds scam: FIA inquiry in abeyance after FBR's refusal to share information

Forex reserves to further improve: Dar

DAILY JANG

Dollar Rise again 100 Rupee 


TMA HEAD OFFICE 

DATE 14th-March-2014

DAWN NEWS

Nepra allows tariff hike of Rs2.24

New monetary policy stance may set economic direction

Dar directs FBR to release ST refunds

Pakistan a lucrative place for investors

Malaysia offers energy cooperation

THE NEWS

Saudi Arabia gives $1.5 billion to Pakistan, IMF told

Power tariff increased by Rs2.24 per unit

The rupee also rises

Rupee fails to maintain upward momentum

FPCCI’s joint business councils widen trade deficit

K-Electric to set up 660MW plant

Gold recovers on dollar appreciation

Profits of textiles rise by 26 percent

Aptma hails rupee revaluation

Compensation for rupee rise demanded

‘Rupee rise causes losses to exporters’

B RECORDER

APTMA hails government for rupee Appreciation

Power tariff raise by Rs 2.24 per unit

Envoys of EU, other states: foreign office warns against meddling

FCCI trade team to leave for Brazil Tomorrow

Reform targets, trade & investment: UK reiterates commitment to extend further assistance: FO

Pakistanis urged to avail of business opportunities in Malaysia

MCCI hails appreciation of Pakistan Rupee against US dollar

Depreciation of dollar: minister hails government policies

Sudden drop in dollar's value turns all export businesses to the red

Cross-adjustment of ST: FBR, SRB and PRA ink MoUs

Lack of coordination hurting GSP plus Opportunity

SBP's forex reserves up $702 million

Gang involved in debit/credit cards fraud Busted

KSEZ offers huge potential for investment: DG SBI

PHC issues stay order against merger of APTMA zones

First half fiscal year 2014 period: textile sector posts 26 percent earning growth: Topline

KCCI Export Trophy: Prime Minister to present awards to Karachi-based exporters today

Foreign crew complain about overloading flights posing threat to safety

IMF praises rupee appreciation

LTUs, RTOs told to achieve Rs 775 billion revised tax target for fourth quarter

Operation of arrest warrants against SSGC MD suspended

FBR told to clear refunds backlog by April 15

Taxmen to lose allowance for failure to utilise Crest

CNG outlets in Punjab: SNGPL all set to restore gas supply

DAILY JANG

Public and industry will be benefited by appreciation of Pak rupees

Gold prices increased by RS 1350 per Tola

Tough time for economy has gone

Businessmen and industrialists will get confidence

Govt has appointed Mr. S.M. Muneer L.E.O of TDAP

Exporters will get relief through refund payments of sales tax claim

Importers reluctant to reduce cast of Goods


TMA HEAD OFFICE 

DATE 13th-March-2014

DAWN NEWS

Dollar falls below Rs98

CURIOUS CASE OF RUPEE RISE

Learning from Brazil

Dar’s ‘dollar dream’ comes true

EOBI’s pension fund depleting fast

FBR forms tax advisory council

India’s industrial output turns positive

THE NEWS

Pak debt down by Rs800 bn: Dar

Appreciation of rupee value baffles experts

Dar does it again

40-year-old Companies Law being re-written by Justice (retd) Ajmal Mian

Commerce ministry rebuts story on MFN

Rise and fall

Long, hot summer

The money market

‘Provinces unaware of their right to tax gains’

State Bank likely to reduce discount rate: analysts

Governor orders arrest of industrialist’s murderers

FPCCI urges price cuts

Rising rupee a blessing for economy, say economists

Tax advisory council formed

Gold prices fall on strong rupee

Rupee hits nine-month high, trading at 98

The economy class cabin of an Emirates Air bus

B RECORDER

Dar exudes optimism on growth, BoP after PKR recovery

Trade with India: Minister playing it safe

MPS to be released on March 15

Tax collection target may be revised downward: Finance secretaries told

Sri Lankan CG for increasing bilateral Trade

Value-added exporters unhappy with dollar depreciation

LCCI calls for strategy to protect exporters, maintain stable rupee

'Efforts on to reduce trade deficit, increase tax revenue'

Qualifying for Privilege & Honour Card Scheme: top taxpayers asked to provide CNICs, NTN, name of nominee by March 16

'FBR likely to abolish all concessionary SROs over next three years'

Jetro rates Pakistan second potential country for investment

'Germany supports number of projects on good governance in Pakistan'

FBR forms Tax Advisory Council

Dollar may stabilise at Rs 98-99: ECAP

DAILY JANG

Dollar becomes equivalent to Rs.97.90  

Sindh govt is strengthening police

Exchange of Pak-Sri lanka delegations will boost trade

Monetary policy will be announced on 15th March 2014


TMA HEAD OFFICE 

DATE 12th-March-2014

DAWN NEWS

Dollar falls below Rs100

Sick industrial units to be made functional: Sindh CM

Stronger rupee heralds drop in commodity Prices

Sindh to deduct 2pc service charges from Centre

Canada pledges support to local businesses

LPG price hike illegal

SECP enrols 427 firms

Bomb damages SSGC gas pipeline 

THE NEWS

Rupee breaks 100 barrier against dollar

Indian rupee retreats from seven-month high hit

Rupee gaining strength against US dollar

Polio vaccination must for Pak visitors to India after March 15

US gifts 25 motorcycles to Sindh police

Rupee gains 130 paisas against dollar, breaches psychological 100 barrier

Bulletproof cars likely to be exported

Rs74bn stuck in litigation: LTU Karachi

Beg opens Textile Asia Expo

Karachi, Rawalpindi chambers to jointly boost regional trade

‘Trade with China crossed $14bn'

B RECORDER

Rise in forex reserves: mystery shrouds identity of source

Rs 2.475 trillion tax target tops agenda: Dar may address chief commissioners' moot tomorrow

Text of MoU between FBR, SRB: person supplying taxable goods can adjust ST paid on services: draft

Pesco exempts industrial estates from Loadshedding

Travel to India: OPV made mandatory

UAE Expo 2020: TDAP delegation attends Investment Conference to avail opportunities

'FBR fails to create deterrence among taxpayers'

Fiscal Year 2014 remaining months: over $3 billion foreign inflows expected

International Textile & Garment Machinery Show commences at Expo Centre

Complete re-write of Companies Ordinance on the cards

Malik says PKR revaluation to impact economy positively

Gas shortage: Punjab industrialists mulling shifting units to Sindh and KP?

Chinese team meets FPCCI officials: opportunities exist for rising exports to China: Zakaria

India's exports fall

UK's support for inclusion in GSP plus lauded: Prime Minister meets HC Protest at Wagah

Pakistan urged to go forward with MFN status to India: Canadian HC visits LCCI

LPG price raised by Rs 5 per kg

Seventh round: TIFA talks postponed

DAILY JANG

Dollar falls below Rs 100

Fall in Indian rupee

Continuous fall in dollar makes the market panicy

Survey of sick units will be conducted in consultation with investment board

Fall in gold price

Present Govt has taken positive steps for textile sector

0.0144% fees per annum in foreign currency account 


TMA HEAD OFFICE 

DATE 11th-March-2014

DAWN NEWS

Rupee maintains rise against dollar

3,000MW to be imported from Iran

Stubborn taxation regime

Trade deficit shrinks to $12.5bn

Dutch investors keen on energy

Thousands sacked as unsafe Bangladesh factory forced to close

THE NEWS

Pakistan again asks US to speed up CSF payments

MoU for 3,000MW power signed with UAE group

Thousands sacked as unsafe BD factory forced to close

World Bank, ADB attach condition to budgetary support

Rupee appreciates further

GSP Plus pushes exports up

Pakistan to lose textile exports worth $150m

Licences of chambers cancelled

Pakistan can be brought out from difficult times’

FPCCI welcomes NDMA to India

LCCI keen to sign MoU for 10MW project

Human resource development urged

Exporters stress need to participate in global trade fairs

B RECORDER

Dollar may touch Rs 100 mark today: ECAP

Water supply to Hub industries Enhanced

Waste-to-Energy Power Project: LCCI may sign MoU with LWMC

PHMEA concerned at rupee's appreciation against dollar

ICAP to propose exclusion of FBR from budgetary process

Improving currency: impact on economy & sectors

Rupee resilience

Tax Year 2013: FBR serving notices on all non-filer NTN-holders

1500 megawatts injected into the grid: two-hour relief in loadshedding from May

Dubai group keen to supply 3,000 megawatts: MoU inked

Cross adjustment of input tax: FBR, SRB to sign MoU on Thursday

Second marriage: man not bound to seek permission: CII

Forex reserves improve

DAILY JANG

Access to India market

Business community vision will improve country’s image abroad

Dr.Baig appointed as chairman of banking committee of FPCCI

Blood test can diagnose effect on memory

Dr. Zulfiqar ali assumed charge of director investigation (FBR)   


TMA HEAD OFFICE 

DATE 10th-March-2014

DAWN NEWS

Tax exemptions

Inexpert labour for industry boilers

CNG stations closure

Towards exchange rate stability

Inflation, policy rate outlook

Let Your Employees Control Their Workspaces

THE NEWS

SECP, CCP heads to be appointed directly without competition

Pakistan puts off US visit to fast forward MFN, trade deal with India

Metallic toys may harm your kid’s health

B RECORDER

Bilateral sales tax adjustment: FBR, SRB, PRA likely to sign MoU

'Government making all-out efforts to overcome shortage of electricity'

PTEA for grant of special status to export-oriented textile industry

Development of Punjab textile sector: Chinese group to help set up modern apparel park: Shahbaz

Nooriabad, Kotri industrial estates: HCCI for action against illegal occupation of industrial plots

New levies to deprive exporters of GSP+ advantage: Prgmea

National interest: Trade talks, free trade and trade diplomacy

DAILY JANG

India will get MFN status this month

SECP, CCP heads to be appointed directly without competition


TMA HEAD OFFICE 

DATE 09th-March-2014

DAWN NEWS

Core Human & Labour Rights Conventions

Compliance is a sticking point’

Punjab takes the lead as opinion remains Split

Listed textile companies excited over Prospects

EU envoy talks of focussing on human rights

Ignorance may not always be a bliss

Hopeful but concerned

GSP+ alone may not do the trick

A conditional victory

Labour in a limbo

Textile keeps eyes wide open

Origin is the key

Deliver the change

12-hour power cuts are back

THE NEWS

Around 60pc fake associations likely to be eliminated

‘Technology advancements produce large pool of workers’

Textiles termed weak for free trade

Dr Baig appointed FPCCI body chief

Gas supply to K-Electric reduced to 30mmcfd 

B RECORDER

Revision in fiscal year 2014 revenue target: no direction from MoF yet: FBR

Extortion & kidnapping issues KISMA: seeks KCCI chief's help

Pakistan may run out of gas in less than 20 years: experts

Revenue measures: FBR holds briefing for Prime Minister on March 11

Universal access to energy

FPCCI Standing Committee Dr Baig appointed chairman

Government urged to formulate business-friendly policies

DAILY JAN

Due to non interest by textile and spinning sector cotton prices remains dull  


TMA HEAD OFFICE 

DATE 08th-March-2014

DAWN NEWS

Rupee records surprise gain

The great sell-off

Tariff for Wapda consumers may go up by Rs2.19 per unit

Indian consulate in Karachi

Scheme to revive sick units

THE NEWS

Low fat diets do not curb heart disease

Inflation lowering, economic progress going up: Dar

Rupee on upward trajectory, hits 102.75

Pakistan urges speedy Indian electricity exports

Point of View

FPCCI urges more trade ties with South Africa

‘Investment in power sector remains low’

Power failures reduce water supply by 60m gallons

B RECORDER

Revenue collection reviewed: Dar takes up budget preparations with FBR chief

Budget proposals: PPWSMA seeks up to 22 percent ST on PP granules to curb evasion

Dar chairs meeting to roll out budget Preparations

SECP undertakes strict monitoring of corporate sector

Dar apprises UK HC of positive economic indicators

Law & order impedes meetings with diplomats: KCCI chief

RTO Karachi starts issuing notices to reconcile WHT statements

DAILY JANG

Preparation of budget 2014-2015 begins

Exports to South Africa restricted too few items

Alamgir feroze appointed chairman diplomatic affairs committee off F.P.C.C.I 


TMA HEAD OFFICE 

DATE 07th-March-2014

DAWN NEWS 

US, Pakistan resume trade talks next week

Pakistan’s trade strategy

Inept reform

Rupee makes sharp gains against dollar

ABC urges govt to share plan to woo Investment

Aptma forms committee

Pakistan’s exports to EU grow

S. Africa keen to promote trade

CCP aims to end cartelization

THE NEWS

Pakistan sends bills to US, cuts tax target, Dar optimistic

Diplomat Business Club launched in Pakistan

Forex reserves

Reduce high-protein diet to avoid cancer in middle age

Forex reserves rise to $8.73bn

Non-compliant return filers remain active

Point of View

‘Forex reserves likely to remain low’

Body to resolve cotton trade with India

‘Fine tuning of trade after Indian polls’

Prolonged power outages cause water shortage, insists KWSB

B RECORDER

Prime Minister links high growth to a thriving industry

South Africa platinum union marches on Pretoria over strike

'NDMA decision to be finalised after election in India'

Cotton trade via Wagha border: APTMA Punjab forms committee to resolve Issues

Dutch delegation due next week: Ambassador

FBR transfers and postings

CNG outlets, other sectors: SNGPL fails to restore gas supply in Punjab

Five percent duty on import of cotton yarn: value-added textile sector opposes government proposal

Textile machinery imports surge by $79.9 million

Prime Minister to be chief guest at KCCI's export trophy awards on March 14

Import of substandard goods

Textile City: NBP to provide over Rs 1 billion credit facility

Filing returns: MCCI hails extension in Date

Tour operators'' exemption claims: RTO urges FBR to charge Rs 2,500 fixed tax per Haji

Action against companies: RTOs, LTUs told to recover unpaid advance tax

Forex reserves up by $83 million

DAILY JANG

Diplomat business club chapter of Pakistan formed

Shaikh Humayuun saeed of FPCCI named for fairs delegation

Traders and Industrialists fully support govts initiatives  

Govt should immediately constitute IPR board 


TMA HEAD OFFICE 

DATE 06th-March-2014

DAWN NEWS

11 hydroelectricity projects to generate 2,630MW

Gas reserves sufficient only for 16 years, NA Told

No change in LPG prices

Trade with Belgium increasing

Cost of energy most important concern for Nation

THE NEWS

Dubai firm to set up 1,320MW power plants

‘German traders keen on investing in Pakistan'

FBR access to bank accounts to hurt deposits: experts

Energy sector likely to face liquidity crunch

Commerce ministry asked to prepare proposals

FBR orders probe against SRO misuse

LPG prices unchanged

LCCI to hold three expos

Local cement dispatches at 2.14MT

Concerns voiced over sales tax regime amendment

FPCCI to assist exporters at Dubai Expo

Point of View

B RECORDER

Levy imposed by Sindh, Punjab governments: sales tax withdrawn on ECs'' forex deals

Solid waste management system being introduced in big cities: Shahbaz meets Al-Bayrak Group chairman

'Energy crisis major hurdle in reaping benefits of GSP plus'

LPG prices remain unchanged

Shell survey: nine out of ten people term energy cost most serious problem

Call for proving low mark-up loans to women entrepreneurs

Land routes for India: Kissan Ittehad to stage sit-in at Wagha on March 31

Value-added textile sector: Capta fears fabric smuggling from India, under invoicing to hit growth

 FBR accused of harassment

Ruthless import of Indian yarn: government mulling imposing 5 percent duty

DAILY JANG

Dollar reduced in open market

Parrarel water board discovered in industrial area

P.I.A decided to reduce Dubai operation to half and shifted to Shahrjah

Trade through land route is against National interest


TMA HEAD OFFICE 

DATE 05th-March-2014

DAWN NEWS

$1.5bn loans from WB, ADB likely

ADB not happy with energy sector Restructuring

Govt may revisit all preferential, free trade Agreements

India hardens stance against US Protectionism

Biometric ATMs launched

Singapore world’s costliest city; Mumbai, Karachi among cheapest: survey

Obama seeks $1bn for Pakistan in 2015 Budget

Jail Chowrangi flyover opened to traffic

THE NEWS

Pakistan not to accept hegemony of any state: Sartaj

Forex reserves to exceed $10 bn by March 31: Dar

LTU Karachi issues withholding tax notices worth Rs4.2bn

‘Govt focusing on hydropower resources

Top 5 banks’ profitability drops to Rs82bn

Both countries need to have a long-term vision

Bank spread for SME borrowers rises

Gulzar Firoz reappointed

Pak trade show in US from May 2

Women lag behind men in financial access

Power outage did not cause water shortage: KE

B RECORDER

''Good trade'' pillar of our policy: Aziz

Fiscal Year 2015 Budget: wealth statement will be mandatory

Energy, infrastructure, SEZs high priority: Pak-China corridor being set up: Miftah

100 exhibitors to participate in Pak- American trade expo

KWSB announces alternate water distribution schedule

Germany will facilitate Pakistan to get GSP plus benefits: envoy

Dastagir to lead textile industry delegation to US

Accessing bank accounts

Export Finance Scheme: SBP introduces incentives for banks, SME exporters

Rs 95 billion amassed against Rs 50 billion direct tax: first half indirect tax collection soars

DAILY JANG

Mark up rebate Enhanced for SMES

Pakistani businessmen approached Indian ministry of commerce

F.P.C.C.I. begins preparation of achievement awards for 2013

Pakistani businessmen to participate in Kinming Fair


TMA HEAD OFFICE 

DATE 04th-March-2014

DAWN NEWS

Weekly gas for CNG, industry from today

Siemens to sell transformer business

High dollar inflow stabilises exchange rate

Inflation unchanged at 7.9pc in Feb

$3.2bn ADB business plan for Pakistan

Aptma for non-discriminatory market access in India

Sustainable energy development must

Duty on yarn import opposed

CNG stations closure

THE NEWS

Dark chocolate your key to healthy heart!

Misuse of SRO deprives exchequer of Rs2.5 billion

Inflation rises to 7.93pc in February

Govt fails to release upgradation subsidy

Illegal outflow of foreign currency

Misbah appointed LCCI acting chief

Point of View

Electricity dues piling up, say experts

Reforms to help rebuild economy

B RECORDER

Petitions in high courts: LTUs and RTOs to accept manually filed tax returns

Nearly 13.32 million cotton bales reach ginneries: PCGA

SRB being reformed on modern lines: Qaim

Bank charges: K-Electric charging extra Rs 8 from consumers in defiance of Nepra's order

APTMA seeks NDMA from India before MFN status

Finance minister must not head FBS

Up to 400mmcfd gas production likely by year-end

FCCI will send trade delegation to Brazil


TMA HEAD OFFICE 

DATE 3rd-March-2014

DAWN NEWS

Govt’s new move to end power shortage

Stagnant cotton production

SMEs: the road to progress

THE NEWS

No gas loadshedding in next winter season: Nawaz

Energy generation from coal a short-term plan: Shahbaz

Money versus people

Aurangzeb likely to become SBP governor

No water for 24 hours from 6pm today

B RECORDER

Monitoring production of dutiable, taxable goods: Track, Trace System being introduced

Closure of CNG stations: petrol consumption up by 20,000 to 25,000 tons in Punjab

UAE-led group to buy two India power plants in deal worth $1.6 billion

FBR to establish performance, integrity management unit

SBP's focus on challenges to the Economy

GSP+ can boost sector earnings by $1- 1.5 billion,' President Faisalabad Chamber of Commerce and Industry


TMA HEAD OFFICE 

DATE 02nd-March-2014

DAWN NEWS

Report on tax exemptions kept under wraps

Large-scale units switch over to alternatives for energy

Bangladesh to receive $600m WB loan for rural power

Cotton prices under renewed pressure

THE NEWS

‘Local investors should be encouraged

Textile mill-owners lobbying for withdrawal of duty exemption

Dar vows to bring down fiscal deficit

Planners urged to remove economic bottlenecks

B RECORDER

FTO concerned at performance of customs appraisers

Assessment, recovery: IR Commissioners to deal with specific Cases

KCDR to award MAC to 18 muftis on March 3

FPCCI body on diplomatic affairs: Ishtiaq Baig appointed chairman

FTA with China, Malaysia, India: APBUMA asked to submit recommendations, apprehensions about value-added sector

Businesspeople urged to support Prime Minister policies: Muneer

Aptma Punjab hails Naseer on assuming FPCCI office

Tax be imposed on non-tax payers


TMA HEAD OFFICE 

DATE 01st-March-2014

DAWN NEWS

Economy grew by 5pc in first quarter

Gas surcharge collection up by 500pc in 1st Quarter

Tax amnesty extended till April 30

Excise duty on aerated waters increased

Aptma voices concern over ‘unfair trade practices’

Sahara group boss surrenders to police

THE NEWS

Growth, inflation go up: SBP

Petrol price cut by Rs2.73 per litre

Planning in vacuum

State Bank forecasts 4pc growth for FY14

Returns filing date extended to April 30

Pakistan’s blended yarn under Indian threat: expert

Aptma concerned over abnormal weight variation of cotton bales

‘Huge potential exists for trade ties with China

Baig appointed FPCCI panel chairman

Burst pipeline forces CNG stations closure

B RECORDER

Battered PKR triggered inflationary Expectations

Petrol price reduced by Rs 2.73 per litre

Tax incentive package: two-month extension granted

Energy woes force LSM sector to make alternative fuel arrangements

Huge potential exists to further enhance beneficial cooperation': Chinese traders visit LCCI

Prime Minister tax incentive package: LCCI, FBR to work hand in hand to raise tax-to-GDP ratio

DAILY JANG

Economic development beyond the target

Pol prices reduced

3rd session of Pak Canada trader fair will be held in September

32 participations from Pakistan attend 34th Tex word