News Clipping - Archives November 2014


TMA HEAD OFFICE 

DATE: November 30, 2014

DAWN NEWS

Power consumers to pay Rs117bn more due to govt’s mismanagement

ANF, exporters settle cargo handling Issue

THE NEWS

Tax collection up; sales tax growth flat

Government urged to revisit power tariffs

B RECORDER

27 UN conventions: lack of implementation jeopardizes GSP Plus benefits

Bangladesh's Summit invests $319 million to raise power production

Oil price decline

Biometric identification for pilgrims: President KCCI concerned over Saudi Decision

DAILY EXPRESS

Deny to refund ST on new investment FBR

Applications invited to participate EXPO Pakistan


TMA HEAD OFFICE 

DATE: November 29, 2014

DAWN NEWS

CM allays textile sector concerns

Russian bank offers $1bn credit line to Pakistan

Industry upset over political situation

THE NEWS

Pak Textiles

SITE traders fear closure due to water unavailability

Application date for computerised arms licences extended

Korea considers Karachi investment destination

‘Conference to play key role in building peace’

Accounts filing date extended

South Asian businesses hail agreement for regional electricity grid

Textile industry assured of energy supply

B RECORDER

Fiscal Year 2013-14: Exports register 2.7 percent growth, National Assembly Told

Form A, audited accounts: SECP extends filing date to December 2

Saarc countries: Business leaders for common currency

Acute water shortage still persists in Site

Textile industry: Shahbaz vows uninterrupted power supply

FBR collects Rs 900 billion during July- November


TMA HEAD OFFICE 

DATE: November 28, 2014

DAWN NEWS

Ogra recommends cut in petrol, diesel Prices

FBR deadlines

Draft of textile policy to be ready in three weeks, says Afridi

Exports of non-textile goods fall by 14pc

Reserves drop to $13.219bn

THE NEWS

Sit-ins hampering foreign investment, says Khurram

Hold-up in trade accords not because of Pakistan: FO

Major relief in POL prices on the cards

Forex reserves slip to $13.219 billion

Role of technical, vocational skills highlighted

KCCI concerned over 80pc examination of imported goods

‘Textile sector fails to perform up to its potential’

B RECORDER

Leaders sign deal on regional electricity Grid

Prgmea annoyed over not being invited to textile moot

EU ambassadors discuss promotion of trade ties with Punjab chief minister

New Textile Policy: all stakeholders to be taken on board: Afridi

Pakistan Real Estate Report: property market presents mixed picture as Q4 begins

'Pak-China friendship to help boost trade in various fields'

Tayyab Tareen new CEO K-Electric

'Value added textile industry will continue to get gas'

Putting 80 percent imported containers on hold: KCCI urges Customs to review decision

ST collection: FBR ready to pay Rs two billion to SRB

Petroleum products: Ogra seeks to cut prices by up to Rs 10.25

DAILY EXPRESS

8.2 million $ decrease in foreign exchange 

2018 vision will be introduced to expand tax net

Samira FBR collector grade 20 removed director sadiq given additional charge

Inspection of 80 percent containers unjustified KCCI


TMA HEAD OFFICE 

DATE: November 27, 2014

DAWN NEWS

‘Poor business climate’

Body set up for biometric verification of SIMs

THE NEWS

Plans to reduce power outages by 3-4 hours next summer

Saarc countries fail to improve dismal intra-regional trade

Senate body asks CCP to review POL price formula

FBR holds Rs22bn refunds of foreign investors

Punjab set to produce 1,740MW from coal

Prgmea seeks level-playing field for textile sector

Germany keen on capacity building

Karachi Chamber invited to visit Iran

B RECORDER

SAARC summit: friction threatens trade

India relaxes visa rules: Nawaz for soft visa regime

Textile sector: NGO offers 1.7 million euro project to improve social standards

Transfers, postings in FBR

Business community concerned at decline in exports

WTO trade opportunities: need for active public-private sector collaboration stressed

'Economic policies must be provided constitutional cover'

KCCI urged to organise trade delegation visit to Iran

Nine new industrial cities to be set up in Punjab: Gulzar

OICCI voices serious concern over stuck-up refunds

LSM performance remains poor

Government urged to formulate fuel consumption policy

POL products: Senate body asks Ogra to slash prices by 20 percent

DAILY EXPRESS

Pakistan should decide whether it needs gas or not

NADRA reduced rates of verification from Rs 45 to Rs 10/-


TMA HEAD OFFICE 

DATE: November 26, 2014

AERARI

Daily Market Update

DAWN NEWS

Growth engine is stalling

Hopes revive as textile exports up in October

THE NEWS

Surcharge on power bills suspended

Stress may lead to mental disorders

Power consumers may get nod for renewable generation facilities

Banks advised to follow SBP guidelines

FBR to move SC against stay orders

Power woes, high wages,borrowing cost behind underperforming textiles

Textile summit tomorrow

Sindh to launch microfinance bank next year

Trade bodies support UBG

Training workshop on Dec 6

B RECORDER

LCCI President calls for strengthening public-private sector ties

Trade normalisation: Pak-India political environment not conducive: MoC

Bogus 'manufacturers': FBR wing identifies 13 fraudulent units of Karachi

TEVTA to introduce 16 free demand driven courses

Vice-president seats of FPCCI: UBG's committee to finalise names of candidates

Banking sector's performance

LHC suspends recovery of Debt Servicing Surcharge

DAILY EXPRESS

Sind Finance will be setup soon

Jetro is considering Partnership with Pakistan businessmen

Trade facilities will be provided to provinces without discrimination

LSM production increased by 1.86%    


TMA HEAD OFFICE 

DATE: November 25, 2014

AERARI

Daily Market Update

DAWN NEWS

Power tariff reduced

Industry expands 1.86pc in July-Sept

Fresh guidelines for write-offs

US seeks to revive trade with India

Denmark is world’s most connected country: study

THE NEWS

Fire and fuel

Nepra reduces power tariff by Rs0.47 per unit

‘No threat to country’s banking system’

Exports to EU rise to $5 billion in Jan-August

Sit-ins to damage economy: FPCCI

KCCI welcomes WTO training on trade facilitation

US seeks to step up trade talks with India

B RECORDER

Banks quite stable: SBP

Levy of anti-dumping duty: ESTA Code authorises NTC acting chief to exercise all powers

Bilateral trade relations with Hungary to be enhanced: Khurram

Between government and trade sectors: 'FCCI playing proactive role in bridging gap'

More electricity generated, added to national grid in November

Benefiting from GSP Plus status: EU body urged to facilitate exports from Pakistan

Government urged to cut power tariff amid declining oil prices

'Prime Minister's attendance at Textile Summit to show his concern about sector'

'Pak-China Economic Corridor to help set up new dry ports in country’

The energy sector

Power woes

Ogra asked to fix a reasonable benchmark of UfG

Textile exports – a temporary revival?

 Textile policy: Ministries vastly differ over crucial parts of draft

July-September LSM up 1.86 percent YoY

DAILY EXPRESS

'Pak-China Economic Corridor to help set up new dry ports in country’

Economic structure of country is getting worse due to Sit-in

Revised instruction issued to banks for waiving bank loans

Banking system is stable  


TMA HEAD OFFICE 

DATE: November 24, 2014

AERARI

Daily Market Update

DAWN NEWS

Gas decision deferred

Gas a political commodity

Cautious optimism

Policy rate cut and banks’ lending rates

THE NEWS

Gas crisis worsens in Lahore

B RECORDER

Collection of ST on CNG supply: officials asked to apply for stay orders' vacation

WHT recovery proceedings: LHC grants stay order

The state of economy

China cuts interest rates 

DAILY EXPRESS

SITE recovers from financial crisis


TMA HEAD OFFICE 

DATE: November 23, 2014

DAWN NEWS

Slipping tax base

‘Clueless’ Pakistani fashion industry seeks govt support

Pakistan ranked 172 in ease of paying taxes: study

Sindh to collect WHT on vehicles

THE NEWS

Power tariff slashed by Re46 a unit

Banks’ NPLs rise by 2.2 percent to Rs608.32 billion

Fact finding committee demands action against Customs officials

B RECORDER

Customs agrees to review valuation of dyes & chemicals

'Charter of economy'

Electricity woes: Country faces 4,000 megawatts shortfall

DAILY EXPRESS

NEPRA will hold public hearing on 4th December against K-Electric

Establishment of anti Corruption cell in custom house demanded  


TMA HEAD OFFICE 

DATE: November 22, 2014

DAWN NEWS

MoU for better cotton signed

Gas tariff hike slammed

Sharif defers gas tariff hike

THE NEWS

Deadline to file tax returns extended till Dec 5

PM turns down hike in gas prices

Sindh begins enforcement against tax defaulters

China commits $45.6bn for economic corridor with Pakistan

Indian cotton yarn making inroads into local markets

Fake drawback claimants warned of harsh penalties

Aptma rejects proposed 30 percent increase in gas rate

Tusdec concludes training of 72 trainers

B RECORDER

Ogra proposal on gas price hike turned down: Musadik

Tax returns for TY14: late filers exempted from penalty

October textile exports up 6.5 percent YoY

$150 billion exports in next 10 years: MoC asks FBR to devise 'future refund claims' policy

First Pakistan Mega Leather Show in March

IT returns: KCCI chief urges FBR to extend date

Direct linkages between business communities vital: Philippines envoy

Lack of growth in private sector credit

Non-/short-filers: no action taken against 633 taxpayers by IR office

APTMA, BCI sign MoU

DAILY EXPRESS

Tax evasion decision taken to place names of 3 industrialists on ECL

Decline  in export of textile food and hides during July to October

KCCI demands more extinction in filing date   


TMA HEAD OFFICE 

DATE: November 21, 2014

DAWN NEWS

Banking and loans

$2bn trade surplus with N. America

Reserves fall to $13.228bn

Textile exporters slam gas plan

THE NEWS

POL prices to be further lowered by Rs5 per litre from Dec 1

Textile exporters resent three-month gas suspension

China to help Pakistan tackle energy crisis: envoy

Low Vitamin D levels may lead to early death

ECC approves 23pc hike in gas tariff

FBR identifies 40,000 luxury car owners as potential tax evaders

Taxpayers may fail to file tax returns by deadline

Pakistan’s forex reserves decline

Middle class shrinks to 35pc in last seven years: Dr Pasha

KCCI proposal for MoUs with Czech associations declined

Clearing agents should ensure presence for ANF examination

Baig to attend entrepreneurship moot

B RECORDER

Punjab textile units: APTMA seeks gas price viability

PCGA emergency meeting today

Finished products' import: Chemical makers urge government to levy countervailing duty

Ten Pakistani companies participating in Cape Town trade exhibition

Defective tax return forms for year 2014: FTO Office may issue another landmark Judgement

TMA concerned over FBR'snewlyintroduced IRIS system

FBR urged to extend date of e-filing IT Returns

Financial inclusion through KYC process 

DAILY EXPRESS

Eclectic tariff will be reduced by 0.46 paisa per unit for 1st December

To revise formula of fixing gas prices approved

Business community expressed reservations of E-filing system of FBR

Customs impounded properties in nonpayment of dues

Cezh ambassador stressed need on increasing exports during visit to KCCI


TMA HEAD OFFICE 

DATE: November 20, 2014

AERARI

Daily Market Update

DAWN NEWS

Oil prices will be further reduced, says PM

Winter gas headaches

Textile ministry to hold buyers’ moot

Faulty e-filing system irks taxpayers

THE NEWS

POL prices to be lowered further next month, says Nawaz

Gas utilities ask Ogra to raise tariff

Punjab, Islamabad domestic consumers to get gas for 10 hours a day

Current account deficit widens to $1.8 billion

Tax authorities initiate recovery of unpaid billions

SECP initiates proceedings against violators

‘Ad hoc decisions cannot ease economic pressure’

PIAF wants transparent FPCCI polls

FPCCI welcomes no load-shedding decision

EPZA chief visits Risalpur

Call to review labour safety laws

B RECORDER

Filing returns through 'IRIS': Taxpayers still facing serious problems

Need for strengthening Pak-Austria trade ties stressed

Exploiting GSP Plus opportunity: 'Hosiery sector being facilitated to boost exports'

FBR transfers and postings

Non-compliance with legal requirements: SECP initiates 62showcause proceedings

Collection of WHT: major deficiencies to be removed through latest IT systems

Efforts under way to overcome bilateral trade deficit: Korean envoy

KCCI offered 100 percent free booths in two international fairs in China

Decision to exempt industries from loadshedding hailed

Plants being converted to gas to generate cheap electricity: Abid

Strict monitoring system adopted to check fake DTRE applicants

Government urged to cut power tariff amid declining oil prices

Baldia garment factory fire site: SHC seeks report on forensic tests

Buyers' Forum in mid December: meeting held to finalise names of major international buying chains

FPCCI polls: government urged to take notice of officials' intervention

DAILY EXPRESS

Govt should implement minimum wage of Rs 12000 for laborers

Current account deficit widens to $1.8 billion

FTA will be signed with Korea Soon

FBR called consultative meeting with provincial revenue authorities

Tax offices would remain open

100 complimentary stalls offered to KCCI in Chinese exhibition  


TMA HEAD OFFICE 

DATE: November 19, 2014

AERARI

Daily Market Update

DAWN NEWS

Confusion over gas supply to textile Industry

Steep fall in private sector borrowing

Agreement with Shanghai Chamber Signed

Non-filers to be penalised: FBR

THE NEWS

Energy and industry

Govt decides to regulate LPG price for domestic users

Stalemate over gas supply to textile sector continues

Cotton producing countries taking steps to help growers

Sri Lankan HC calls for full exploitation of FTA

B RECORDER

Textile lays claim to bigger share of gas Pie

Gas suspension to CNG sector: oil import bill to become heftier

General meeting: SECP allows companies to provide video conference facility to members

PIA allowed transporting cargo, mail to EU countries

ST refund payments spur exports in 2014-15?: FBR official fails to offer plausible response

IT return filing: Inland Revenue offices to stay open till 8pm on November 21

Petrol prices may reduce by up to Rs 6 per litre

SRO 608: RCCI decides to observe shutter down

This ad hocism must end

DAILY EXPRESS

Difficult to provide gas to textile

Withdrawal of loadshedding for industrial sector welcome 


TMA HEAD OFFICE 

DATE: November 18, 2014

AERARI

Daily Market Update

DAWN NEWS

State Bank’s assessment

Zero power outage for industries

Income tax draft rules

FDI jumps by 47pc in July-Oct

Govt wants SC to undo verdict on gas Cess

THE NEWS

Zero power loadshedding for industries ensured

Decision to defer gas suspension to industry welcomed

Travelling with a smoker increases cancer risk!

FDI surges by 47 percent in July-October

Pak businessmen asked to explore Russian market

Cotton prices tumble to three-year low at Rs5,000/maund

Private sector’s electricity dues on the rise

B RECORDER

GIDC: Supreme Court issues notices over review petition

CNG sector: LNG price for end users to be considerably high

July-October FDI up 47 percent

Zero loadshedding for industry being Observed

Disposal of tax fraud cases: DGI&IR suggests forming dedicated 'IPR' in each LTU/RTO

Envoy urges Pakistani businessmen to explore untapped Russian market

Textile industry: PYMA hails exemption from power loadshedding

Power loom workers protest high power tariff, loadshedding

FBR rejects WHT audit plan of Karachi RTO-III

SBP plays it prudently, cautiously, Deceptively

50bps cut in discount rate termed Insufficient

DAILY EXPRESS

TDAP case 2 important criminals admitted commitment of Fraud

Report on exempting industries from loadsheeding submitted to power minister 


TMA HEAD OFFICE 

DATE: November 17, 2014

AERARI

Daily Market Update

DAWN NEWS

Commission proposed to advise govt on water issues

KASB Bank to remain open: SBP

‘New outages plan’ may not provoke Outcry

Brewing cotton crisis

THE NEWS

Sindh aims for power to issue nationally valid arms licences

B RECORDER

KASB Bank operation not suspended: SBP

CNG stations: 'SSGC to provide desired gas pressure level'

KASB: Has SBP erred on the side of justice?

Decision to supply gas to industries in Punjab hailed

DAILY EXPRESS

Names of tax defaulters and non filers to put in ECL

Circular debts of energy increases to 500bln

Approval of SROs on relief should process through parliament

Thousands of workers fears jobless on CNG suspension   


TMA HEAD OFFICE 

DATE: November 16, 2014

DAWN NEWS

SBP cuts policy rate by 50bps

Muslims pray in Washington cathedral

Rs39bn extra collected from electricity Consumers

SBP reduces interest rate by 50bps 

Trade and industry welcome decision

THE NEWS

SBP cuts interest rate by 50bps to 9.5pc as inflation eases

Businesses hail decision; demand further reduction

Textile sector seeks pragmatic policy

Govt to provide relief to taxpayers

SITE traders assured of proper gas supply in winter

B RECORDER

50bps reduction: SBP cuts policy rate, albeit reluctantly

SBP HIGHLIGHTS

AGP detects Rs 17,491 million unauthorised expenditure by KP government

Punjab-based textile sector: Ministers divided over gas supply

Notices to taxpayers under FTR: audit issue to be discussed with FBR chief, Dar assures KCCI

Collection of duty/taxes: NBP urged to make designated branches operational

Government move to exempt textile industry from gas cut lauded

'FPCCI status to be elevated to international standard'

Income Tax Returns: Form can't be filled manually sans experts' help, observes FBR

APCNGA discuss CNG shutdown schedule with SSGC MD 

LPG price cut by Rs 5 per kg

DAILY EXPRESS

RO’s Plant built by centre in sindh stands closed

Decision taken to form exports alliance n the pattern of Bangladesh 

Inflation will be increased due to cut in subsidy of electricity 


TMA HEAD OFFICE 

DATE: November 15, 2014

DAWN NEWS

PM orders review of decision on gas supply to textile units

KASB Bank under moratorium

Award of solar park contract to Chinese firm challenged

Gas allocations

KASB Bank placed under six-month Moratorium

THE NEWS

SBP places KASB Bank Limited under six months moratorium

A long hard winter

FCCI lauds govt’s withdrawal of gas suspension decision

Learning a new language sharpens your brain

PM forms body on gas shortage issue

e-filing system flawless as 300,000 returns received: FBR

SECP extends Form-29 filing date

Businessmen asked to press for improving governance

Training session for NBP staff

B RECORDER

Textile industry: Dar-led body asked to resolve issue of gas shortages

KASB Bank placed under moratorium

'Forced' closure of three power plants: Ministry accused of showing Complacency

KTBA lambastes FBR for feeble response to IRIS issues

Field formations conveyed: LHC constitutes special tax benches

Form-29: SECP extends deadline to November 18

Export growth needs government support

Tax evaders'' family accounts: FBR to seek data on ''family-tree'' basis from Nadra

DAILY EXPRESS

Positive economic indicators

KASB Bank under moratorium

PM formed committee to resolve gas crisis in textile industry of Punjab 


TMA HEAD OFFICE 

DATE: November 14, 2014

AERARI

Daily Market Update

DAWN NEWS

Punjab textile units exempted from power, gas cuts

Reserves fall to $13.267bn

Remittances jump to $6bn

Order reserved on Fahim’s bail in TDAP Scam

THE NEWS

PM directs to exempt industries from loadshedding

FBR orders to stop refunds, input adjustment

State Bank of Pakistan News

LCCI for 200bps cut in interest rate

Textile policy likely to be unveiled by month-end

Students, factory workers to be trained in disaster management

PIA requests passengers to reach on time

B RECORDER

Industry being exempted from Loadshedding

Gas supply to Punjab textile units Restored

FBR installing taxable goods emonitoring System

APTMA secures power, gas supply during winter

FPCCI urged to raise voice against smuggling, under-invoicing

LCCI asks SBP to cut interest rate by at least 150bps

Strike against SRO (608): traders to take decision on November 28: Naeem Mir

FPCCI presidential polls: TIAG to support Mian Anjum Nisar

'Country can enhance exports up to $1 billion by exploiting GSP Plus facility'

Forex reserves down by $176 million

PIA appeals passengers to reach early at airports

Federal Secretary visits KCA

Wal-Mart scores solid earnings

Cut coupon rate & discount rate by 300bps

Moot on investment

DAILY EXPRESS

State Bank would cut interest rates to 2% LCCI

FBR will improve Tax investigation cases

1Forex reserves down by $176 million

Enhancement in gas tariff is a big setback for tannery sector


TMA HEAD OFFICE 

DATE: November 13, 2014

AERARI

Daily Market Update

DAWN NEWS

Government vs industry

Punjab textile sector threatens protests, sit-ins

Hopes high for cut in policy rate

THE NEWS

The EU focus

Markets expect marginal rate cut

Revenue body tightens noose around fake refund seekers

Goods trains’ efficiency must for trade

Nepra asks KE to provide schedule of power cuts

B RECORDER

Foreign exchange reserves to soar to $15 billion by December: Dar

Monetary Policy on November 15

Tax year 2013: computerised random balloting wrongly selects AOPs' cases

SSGC's load management plan for winter: gas supply to industries to remain closed for one day in a week: MD

APTMA chief to meet Federal Minister Today

Textile bodies reject four-month long gas closure plan

Pakistani businessman gets award

KE petition for cut in FCA: Consumers' representatives oppose proposed cut as nominal

Vohra seeks amnesty scheme for nonfilers of GST returns

Trade deficit expanded by 49.37 percentin July-October

DAILY EXPRESS

Trade deficit expanded by 49.37 percent in July-October

To detect tax evasion frznzic laboratories will be setup

NEPRA demanded loadshedding schedule from K-Electric

Monetary policy will be announced on Saturday

SUI southern has announced gas load management schedule 


TMA HEAD OFFICE 

DATE: November 12, 2014

AERARI

Daily Market Update

DAWN NEWS

Users of lubricants awaiting price cut

Aptma assured of gas availability in Winter

THE NEWS

Germany to help Pakistan get access to EU markets

Govt levies surcharge on electricity consumers

Australia to slash tariff for Pakistani textiles: HC

Gas supply suspension increases industrial power cost

APTMA laments gas closure plan for Punjab industry

LCCI slams gas closure plan

Amnesty urged for ST return non-filers

Transporters, CNG traders warn of protest against LNG import

B RECORDER

Exim Bank to provide loans to investors: Musadik

FBR decides to rescind controversial SRO

Aptma chief foresees closure of textile Industry

GSP Plus scheme: businesspeople urged to step up efforts to get maximum benefit

SNGPL disconnects gas supply to Defaulters

Cotton trade expo: FPCCI team leaves for China

Punjab industry: LCCI urges government to stop discrimination in gas supply

Dubai inaugurates Gulf's first tram

Transfers, postings in FBR

Taxpayers in a catch-22 situation: FBR reluctant to accept flaws in IRIS system

Punjab industries: Muneer voices concern about decision to suspend gas supply

APCNGA, KTI seek uninterrupted gas supply to Sindh

DAILY EXPRESS

Australia to slash tariff for Pakistani textiles

New electronic payment system introduced through Prall

Amnesty scheme demanded for non filers 


TMA HEAD OFFICE 

DATE: November 11, 2014

AERARI

Daily Market Update

DAWN NEWS

IMF review

FPCCI plan for revival of economy

Free trade pact with Gulf states still a far Cry

PM woos German investors

LPG prices reduced

Bedwear exports decline by 20pc

THE NEWS

Australia to slash tariffs on Pak textiles

LPG price slightly reduced

Country to achieve $15 bn foreign reserves target by Dec 31: Dar

No gas for CNG, industrial sectors in Punjab

Traders demand action against criminals

Power regulator to weigh permitting generation on new tariffs

KCCI seeks EU assistance in improving infrastructure

Best farm practices improve cotton yield

FPCCI team to meet political heads on revival of economy

Bedwear exports drop 20 percent

B RECORDER

Increase in tariff: Cabinet seeks to recover Rs 22 billion from industrial, commercial consumers

FBR fails to remove duplicate PCT headings from SRO 659(1)/2007

CNG, industrial sector of Punjab: gas supply to be suspended for four months from November 15

PYMA expresses concern over yarn imports from India

FPCCI office: business community welcomes Mian Idrees's nomination

Power & gas crises affecting production activities: KCCI chief

UBG hopes to win all posts in FPCCI Polls

Economy, not economics, is the problem

IRIS, manual tax returns issue stay unattended: KTBA

Bedwear export plummets by 20 percent in dollar term

International Textile announces partnership with SAP

DAILY EXPRESS

Training session to gain benefit from GSP+ held   

LPG price slightly reduced


TMA HEAD OFFICE 

DATE: November 10, 2014

AERARI

Daily Market Update

DAWN NEWS

No supply to CNG stations today

Right time to fix cotton price

THE NEWS

Dubai Tram to operate for 19 hours daily

APCNGA rejects closure of CNG stations across Punjab

B RECORDER

FDI declines by 17 percent in first Quarter

CNG stations closure in Punjab: APCNGA rejects SNGPL's decision

Tax imposed by Parliament cannot be altered: FTO


TMA HEAD OFFICE 

DATE: November 9, 2014

DAWN NEWS

Rupee gains as demand for dollar Slumps

THE NEWS

IMF to give Pakistan $1.1 billion loan before Dec 15

Govt plans to legislate on minimum wages payment delivering

Pakistan reforms on track, $1.1bn tranches likely: IMF

B RECORDER

IMF Reviews conclude: 5th $1.1 billion tranche likely before December 15

IT return for TY14: FTO takes notice of tax computation flaws

Government urged to restrict large-scale yarn import

CNG station owners set up company for LNG import

Revising tariff since January, 2013: UfG fixation crops up as hurdle between Ministry & Ogra

DAILY EXPRESS

Collection of extra tax started from small commercial consumers

Water crisis in industrial area production of towels decreased by 50% export orders cancelled

No further extension will be allowed in filing on income tax return date  


TMA HEAD OFFICE 

DATE: November 8, 2014

DAWN NEWS

Rs1.7 cut in K-Electric tariff approved

FBR e-filing

SECP enrols 350 firms

Helpline for taxpayers launched

Two jailed for a year in trade scam case

International Trade Exhibition 

THE NEWS

Doing business as usual

Auditor deposits surety installment with FACC

Customs detects tax evasion of Rs1 billion

Non-NTN holders disqualified from FPCCI elections

LTU Karachi sets up helpline for e-filing

International Trade Exhibition 

B RECORDER

Taxing agriculture sector: TRC urged to introduce more innovative ways

SECP registers 350 new companies in October

US officials visit APTMA

Tax evasion of Rs 960 million detected in 115 cases: DCIK

PTA urges government to reduce power Tariffs

Ownership, utilisation: Ministries lock horns over EDF

Fuel adjustment: Nepra slashes KElectric tariff by Rs 1.73

DAILY EXPRESS

FBR established department to end corruption

Electric tariff reduced by RS 1.73 per unit in Karachi 


TMA HEAD OFFICE 

DATE: November 7, 2014

DAWN NEWS

Gas price hike inevitable, says minister

FTAs hurting Pakistan’s trade balance

THE NEWS

Solar energy systems manufacturing at home can address power crisis

Three 24-hour CNG shutdowns next week

Forex reserves surge by 1.8pc

‘Law missing to stop gender discrimination in hiring’

Pakistan can attract Chinese manufacturing firms

B RECORDER

68 percent consumers not affected by tariff hike: government

Gas prices to be increased: Khaqan

APCNGA opposes three-day gas closure Schedule

UBG nominates Mian Idrees as candidate for FPCCI president

FBR told to reverse tax reforms: VAT encourages Rs 100 billion fake ST refund claims: FTO

Imported goods: AGP tells FBR to ensure proper classification

Filing of returns through IRIS web portal: FBR informed of problems in tax liability Calculation

Populist measures: path to a deeper Hole

'100mmcfd gas in winters crucial for textile industry's survival,' Chairman APTMA


TMA HEAD OFFICE 

DATE: November 6, 2014

DAWN NEWS

Proposal for gas tariff hike rejected

Textiles & energy crisis

In a first, Pakistan takes EU to WTO

THE NEWS

The economy and the sit-ins

Tax returns

Computational errors detected in tax returns form

Faulty wirings raise power bills by 30 percent

OICCI survey shows fall in investors’ confidence

B RECORDER

Power surcharge: A day of arm-twisting by MoF

Refund claims: exporters assured of speedy settlement

Textile exports to EU register 19 percent Increase

Efficient settlement of trade disputes: KCDR signs MoU with TDRO

BCI survey shows seven percent decline in manufacturing sector

Textile exporters for ending 2 percent sales tax regime

Representation filed with FTO: 'new IT return form on FBR web-portal understates tax liability

Tax policy: government seeks suggestions from general public till November 30

Growth in electronic banking

Power bills of tax-exempted entities: FBR keeps mum over ''unlawful'' tax Deduction

DAILY EXPRESS

NEPRA announced notification of enhancement of electric tariff by 0.52 paisa per unit

Textile policy is expected in current week 


TMA HEAD OFFICE 

DATE: November 4, 2014

DAWN NEWS

Massive increase in gas tariff likely

NAB probing evasion of stamp duty through GDs

Rising Indian yarn imports irk spinners

Punjab to simplify sales tax regime

Pay premium or wait till next year for new car

THE NEWS

World Trade Centre ‘reopens’

Mediterrane diet good for kidney health!

Flawed economic policies blamed for falling share in international trade

Businesses reject extension in returns filing deadline

B RECORDER

Power loadshedding: Punjab-based textile industry loses 40 percent of production capacity

USAS 2013-14: Income tax voluntary payments down 6.8 percent

DAILY EXPRESS

FBR issued audit notices to 77500 commercial importers 

New surcharge @Rs 1.50 per unit levied on electric consumers 


TMA HEAD OFFICE 

DATE: November 3, 2014

DAWN NEWS

Govt imposes another electricity equalisation surcharge

Textile policy delayed

THE NEWS

Power tariff bomb exploded to appease IMF for $1

Mean business

Textile troubles

B RECORDER

Information about professional fee to lawyers not privileged_ President confirms FTO order

DAILY EXPRESS

Transportion charges for Goods reduced


TMA HEAD OFFICE 

DATE: November 2, 2014

DAWN NEWS

Provinces told to ensure POL cuts have knock-on effect

High interest rate yields positive results

THE NEWS

Power tariff increased by Rs0.52 a unit

Consumers to get power bills through SMS

Increased business cost bites exporters profit

B RECORDER

Over-billing auditors brief cabinets body on power

LPG prices may go down by Rs 17

KATI chief urges transporters to reduce fares

Capacity building, improvement in services_ FCCI seeks support of SMEDA

Investment conference 

DAILY EXPRESS

Reduced POL Prices

RS 194.9 billion Traget Fixed for tax collection for November 2014

Decision to print image of meter reading on boll and start SMS service


TMA HEAD OFFICE 

DATE: November 1, 2014

DAWN NEWS

Big cut in petrol, diesel prices takes Effect

PM orders fresh probe into overbilling

Indian boss

AGP detects irregularities in tax Collection

Date extended

Dubai stamps its mark on fashion Industry

International Trade Exhibition

THE NEWS

Petrol cheaper by Rs9.43, diesel by Rs6.18 per litre

Oil comes down

Tax reforms

Govt extends date for filing tax returns to Nov 21

Tax returns filing date extended

B RECORDER

Petroleum products'' prices slashed: government takes populist route to survival

Notification issued

Power tariff: Consumers using 300-500 units may get relief

Life, health insurance: SECP lauds SRB decision on sales tax

EPZA chief for improved working relationship with investors

ST share in revenue collection stands at 44 percent: FBR Year Book issued

FBR receives 200,000 tax returns

DAILY EXPRESS

Big cut in petrol, diesel prices takes Effect

Date extended

US A is in favor of Pak India Trade 

DAILY JANG

Reduction POL prices Is a welcome move

Mian Owais nominated for presidential candidate of FPCCI by United panel

Iftikhar Ali Malik is leader on just paper