News Clipping - Archives September 2015
TMA HEAD OFFICE
DATE: September 30, 2015
DAWN NEWS
Karachiites cautioned against heatwave
Ogra proposes new petrol, diesel prices
Pakistan, Belarus to set up economic zones
119 taxes affecting Punjab’s economic growth
India cuts interest rates to four-year low
IMF announces immediate disbursement of $504m to Pakistan
Provincial EOBI chairman to be appointed Soon
THE NEWS
Pakistan improves ranking in Global Competitiveness Report
CM irked as Sindh yet to enact 31 laws
Withholding tax, another bane for NSO savers
IMF approves $500mln loan for Pakistan
Indian central bank cuts key interest rate to 6.75 percent
Forex reserves fall to $18.50bln
Multitasking must to sustain industrial robotisation
B RECORDER
India''s central bank cuts interest rates to four-year low
Balance sheets, accounts: SECP tells non-listed companies to follow reporting standards
18th Constitutional Amendment: chief minister Sindh concerned over slow pace of implementation
IT returns/wealth statements: PTAA seeks time extension till November 30
Tax returns: MCCI urges FBR to extend Deadline
FCCI chief spells out achievements
Masjid-e-Nabvi: Friday sermons to be translated into six languages
Pakistan joins world's largest exhibitions of apparels in Paris
Date for filing WHT statements extended till October 8
Textile exports: August good; 2015 bad
DAILY EXPRESS
Summary sent for reducing prices of petrol by 0.10 paisa and HSD by Rs 2/-
Pakistan and Beralaus agreed to establish special economic zones
Indian central bank cut interest rate by 50 basis point
TMA HEAD OFFICE
DATE: September 29, 2015
DAWN NEWS
Analysis: Eurobond attracts controversy
Extension in tax returns filing deadline sought
Belarus agrees on economic roadmap
All power companies sent wrong bills to consumers: Nepra
THE NEWS
Power outages, shortfalls are fake: Nepra
Pakistan, Belarus agree to boost trade
FBR says around 60 percent SECP registered firms non-filers
Tanners’ body elects office-bearers
B RECORDER
SEZs under CPEC: eligibility criteria set
Poor performance: Consumers seek restructuring of Nepra
Tax collection suppressed: LTU Karachi mulling legal action against banks
Bad timing leads to costly borrowing
Highly controversial step by SRB
Proposed five-year roadmap: Belarus offers gateway to Eurasian Economic Union
DAILY EXPRESS
Economic experts declared euro bond and expensive deal
Pakistan and Berlaus agreed on trade and economic road map
Extension of 1 month demanded in filing of income tax return
Political issues hurting Pak Afghan trade
32 Pakistani companies participated in tax world exhibition
TMA HEAD OFFICE
DATE: September 28, 2015
DAWN NEWS
New bond raises about $1bn in world market
Impact and utility of interest rate cuts
THE NEWS
Pakistan issues $500 million Eurobonds for 10 years
Withholding tax or upholding squabbles?
Banking cannot prosper within a culture of fear
B RECORDER
10-year $500 million bond issued at 8.25 percent rate
Domestic consumers: Nepra advises government to eliminate tariff slab subsidies
Taxpayers finding it difficult to access ATL
POL products: government urged to withdraw GST
Dubai housing squeeze pushes middleincome expats out to the suburbs
Cost of terror attacks on Pakistan's Economy
Pakistan, Turkey agree to speed up work on FTA
DAILY EXPRESS
In spite of progress of banking sector number of ATMs is still limited
TMA HEAD OFFICE
DATE: September 25, 2015
DAWN NEWS
Strategy evolved to remove trade barriers
Pakistan to get $502m from IMF
THE NEWS
FBR urged to further extend tax filing date
Flawed trade agreements bear no fruits
B RECORDER
WHT on bank transactions has emerged as threat to banks Shahid
Bilwani made PAJCCI President Motiwala for tapping CIS markets via Afghanistan
Collection LTUs, RTOs ordered to reconcile statistics with SBP
DAWN NEWS
PM to announce incentives package next Month
THE NEWS
Pakistan launching Eurobond to boost foreign currency reserves
Zero loadshedding for industrial sector till Dec
FBR to conduct audit of all non-filers
Zahid Saeed new Kati president
B RECORDER
Microfinance company on pattern of Grameen Bank may be set up
LCCI seeks introduction of tax reforms
Textile industry: power surcharges adding to cost of doing business
Textile industry: skill training project being launched throughout country
Zahid Saeed elected Kati President
Bank loan and jurisdiction of NAB
Prime Minister to unveil package for exporters next month: Dastgir
ST adjustment: FBR to go through retrospective applicability of MoU with SRB
DAILY EXPRESS
Transfer of collection of sales tax on goods to provinces
Incentive package for export sector would be brought next month federal commerce minister
Karachi traders demanded dismissal of federal finance minister
Zahid Saeed elected UN opposed president of KATI
TMA HEAD OFFICE
DATE: September 23, 2015
DAWN NEWS
Timing for tax filing extended
FBR fails to resolve e-filing problems
LSM growth rises to 4.7pc in July
THE NEWS
Finance minister urged to take initiative
Businessmen concerned over no export package
‘Great scope for Pakistani products in US’
B RECORDER
Textile sector eagerly awaiting package''s arrival
Date for submission of ST/FED returns Extended
Textile relief package delayed
PTEA chief terms refund claims, energy shortages major challenges
India and US seek to deepen economic Ties
SOS sent to Dar: KTBA seeks twomonth extension in e-filing of returns
Fed's statement: a tactical retreat
DAILY EXPRESS
Banks and FBR offices will remain open till late hours on 29th and 30th September
TMA HEAD OFFICE
DATE: September 22, 2015
DAWN NEWS
‘Pakistan lags behind in implementing labour conventions’
Dollar slides in open market, but rises in banks
Textile, clothing exports fall
Tariff increase for Fesco sought
LCCI polls for corporate class
THE NEWS
Pakistan ranks lowest in access to mobile broadband
Structural imbalances need attention
B RECORDER
e-returns: Dar irked by taxmen''s Complacency
Karachi, Lahore and Islamabad LTUs: 768 refund claims involving Rs 74.120 billion pending
PBIF chief lauds government'sdecision to review FTA with China
Declaring election null and void: PCGA indecisive regarding DGTO decision
CNIC in place of NTN: FTO asks FBRto explain policy
PHMA elects new office-bearers
Reduction in POL products' prices: government urged to pass on full benefit to people
APTMA chief seeks textile package before Eid
DAILY EXPRESS
Final decision would be taken in next few days with regard to taxes Main Adress
Postal department are collecting more withholding tax
Pakistan offered free economic zones to South Korea
Federal commerce Minister will visit Europe to review GSP plus
August 2015 Textile exports increased by 11.24%
TMA HEAD OFFICE
DATE: September 21, 2015
DAWN NEWS
Aptma wants govt to unveil ‘promised’ package
What keeps policymakers on their toes all the Time
THE NEWS
Foreign investment increasing in country, says Dar
B RECORDER
Securities transactions: SECP empowered to obtain account information
Round-the-clock supply of electricity acceptable: MCCI
TMA HEAD OFFICE
DATE: September 20, 2015
DAWN NEWS
NAB chairman defends bargain options
SC issues decree on value of immovable Property
Sindh mulls revamping industrial estates
Bangladesh to invest $8bn in infrastructure
THE NEWS
FBR makes HS code on sales tax invoice mandatory
No holidays for FBR officials before or after Eid
Bangladesh wants to invest $8 bln in infrastructure
Pakistan-Korea FTA likely to be finalised by 2017
SMEs urged to tap solar energy
KCCI elects office-bearers for 2015-16
FPCCI, Russian trade body sign MoU
B RECORDER
Southern Circle: TMA elects officebearers
'Third FPCCI Achievement Awards' function on October 1
Younus M Bashir elected president of KCCI
Electricity bills: APTMA seeks extension in last date of payment
Cut in furnace oil prices: Textile industry to shelve renewable energy options
Bangladesh wants to invest $8 billion in Infrastructure
Mega fraud case: RTO Faisalabad recovers Rs 158 million tax from leading textile miller
Finance, IT Ministers briefed about efiling Issues
DAILY EXPRESS
Short fall in collection of tax during July-December expected by Rs 100 Billion
Holidays before and after eid stopped for FBR Employs
Pakistan chamber of commerce and industries president drives at RCCI
Youns Bashir elected un opposed president of KCCI
TMA HEAD OFFICE
DATE: September 19, 2015
DAWN NEWS
Senate committee questions FBR data
Cotton output dips to 2.197m bales
Moody’s maintains stable outlook for Pakistan
THE NEWS
Signing of gas sales agreement
Expats have no option to get registered for income tax
Cotton production target revised down to 13.3 million bales
FBR initiates banks’ auditing to verify deducted taxes
US keen to do business with Pakistan: diplomat
B RECORDER
Income tax returns: every taxpayer required to obtain NTN
Sales tax refund: Senate body claims FBR providing ''fudged'' figures
Tax appeals wilfully delayed to show higher revenue: SC
Account information: LHC suspends IR department''s notices to banks
US deeply interested in doing business with Pakistan: US envoy
Energy crisis: US ready to provide every possible aid to Pakistan: CG
'Business can be enhanced by projecting Pakistan's soft image'
Decisions on taxpayers' appeals: Senate body concerned over FBR chief's alleged directives
WHT on bank transactions: Lockers being used to circumvent FBR's move: Senator
Government criticised for ignoring textile Sector
Commerce ministry officials grilled for poor performance
24/7 power supply: APTMA ready to discuss Rs 9 per unit offer
TMA HEAD OFFICE
DATE: September 18, 2015
DAWN NEWS
Customs implement WeBOC at Wahga
Advisory cell for textile industry
Fed keeps interest rates at record lows
Pakistan remains least favoured nation in India
People cautioned as heatwave forecast for two Days
THE NEWS
Hearing in 21 corruption cases of TDAP put off
China to give Pakistan more concessions in trade
Private sector’s participation sought for corridor’s development
Business confidence likely to rise: survey
‘China wants Pakistan to benefit from its development’
Real estate blooms as crime plunges low
B RECORDER
TY2014 audit: taxpayers availing Prime Minister''s package excluded
WHT: Taxmen to monitor banks from Today
Karachi may be hit by another heatwave
Forex reserves up by $128 million
CPFTA-II: Pakistan, China agree to expedite negotiations
Processing mill owners go on strike
APTPMA Faisalabad Region: five candidates elected unopposed
Closure of bleaching, dying and printing units imminent
Strike of sizing units enters second Week
Senate body members term FBR corrupt
Sec 30 of ST Act, 1990: IR small cadre to be given designations of authorities
Proposed AML: Senate body links approval to exclusion of tax fraud offences
KCCI for making NTN mandatory to open bank accounts
Tax collection: NIFT to facilitate FBR on September 30
PTA seeks early release of refund Claims
Indonesia willing to ink FTA with Pakistan: CG
Ogra likely to fix LNG price by monthend: Abbasi
DAILY EXPRESS
Post clearance audit
TMA HEAD OFFICE
DATE: September 17, 2015
DAWN NEWS
65,000 names taken off ECL, passport blacklist
Ex-secretary says he’s not facing landscam Charge
LPG price raised by Rs20 in a week
Trade with Japan reaches $1.6bn
LHC forms ‘Climate Change Commission’
International Trade Exhibition
International Trade Exhibition
THE NEWS
‘Unchecked remittances means for money laundering’
Smeda with bfz gGmbH initiates project Espire
Tanners demand share in Rs150bln uplift package
‘Developing countries realise SMEs importance’
B RECORDER
LHC constitutes 'Climate Change Commission'
Suspension of gas in winter: business community slams decision
LPG prices increased sans Ogra's Approval
Textile industry divided over gas suspension in winter
Pakistan's literacy rate increased to 60 percent: minister
Excess volume of UfG: Ogra may slap Rs 21 billion penalty on gas utilities
PBEA Chairman refutes Bilwani's Statement
FBR's ATLs undated, unstamped and without bar code: KTBA
DAILY EXPRESS
Prosperity will prevail due to corridor project
Candidates of export development group of PHMA elected unopposed
KMC was unfair prices. Demand reduction
Pak-India tension does not effect trade
Farruk Maqbool elected chairman of Towel Manufacturer Association of Pakistan
TMA HEAD OFFICE
DATE: September 16, 2015
DAWN NEWS
KTBA complains to FBR about system Malfunction
Drawback rates on leather goods increased
SECP names members for dispute resolution Committees
FBR extends filing date to 28th
THE NEWS
FBR extends last date to file withholding tax statement
TDAP trade team meets Russian officials
Govt urged to lower business cost
Sindh govt may cancel all land allotments made since 2010
Govt announces three holidays for Eidul Azha
Duty repayment rate for finished leather products raised
FDI increases 7.5pc in July-August period
ATL vulnerable to alteration, FBR informed
FBR extends last date to file withholding tax statement
TDAP trade team meets Russian officials
Govt urged to lower business cost
B RECORDER
July-August FDI up seven percent
Government offer spurned by APTMA: Abbasi
Textile industry too expects relief Package
PTEA slams decision of gas suspension in winter
FBR issues guidelines to field Formations
New initiatives: FBR planning to redraft Customs Act 1969
Textile machinery import drops by over 17 percent
KATI chief for reducing cost of doing Business
Contradictions in provincial tax laws
DGTO declares PCGA elections null and void
DAILY EXPRESS
Value added sector expressed concern on not inviting them in meeting
Pakistan ginners association elections declared null and void
Traders deferred protest against withholding tax due to EID and Haj
Foreign investment decreased by 80%
TMA HEAD OFFICE
DATE: September 15, 2015
DAWN NEWS
No gas for industrial consumers this winter: Minister
Bank deposits fall by Rs121 billion in two Months
75,871 cases selected for audit
Punjab govt to waive tax on mobile internet
Carpet industry for softer image of Pakistan
‘Peace talks, trade the only way to resolve Pakistan-India conflict’
THE NEWS
Beware of registration as eunuch with Nadra
Ex-employee and now politician ‘untraceable’ with FO’s $2.4m
No gas for commercial consumers in winter, says Shahid Khaqan
‘Indian, Pakistani premiers’ interest in trade may help ease tensions’
SBP injects Rs61.9bln into money market
‘Anti-corruption drive useless without transparency’
TDAP delegation leaves for Russia
B RECORDER
Random ballot: FBR selects nearly 76,000 persons for audit
Petroleum products: Increase in ST under consideration
Forex reserves to touch $21 billion mark this year: minister
Reduced interest rate not enough to spur growth: PBIF chief
Bangladesh: HC for enhancing bilateral Trade
Extension, amnesty sought: KTBA terms FBR's online modules 'problem-prone'
SECP registers 386 companies in July
More analytical discourse expected from SBP
Tax issues of retail and wholesale trade
Chinese to be told CPFTA causing Rs 21 billion loss: Dastgir to attend SCO ministers' moot
DAILY EXPRESS
SNGL not provide Gas to industries during winter
Loss of millions of rupees due to fire in super store and textile mills
Concern expressed on low volume of trade between Bangladesh and Pakistan
TMA HEAD OFFICE
DATE: September 14, 2015
DAWN NEWS
TDAP case Ex-official tortured to get statement, says Gilani
Delhi’s dreams of overtaking China
THE NEWS
Sindh won’t allow use of its gas by others: ministers
Nawaz to declare package for boosting exports shortly
Dangers in Delhi’s dreams of overtaking China
B RECORDER
Dar says exporters to get incentives
Banking instruments: WHT to discourage documentation drive: Pasha
Section 224 applies to specified categories of persons: SECP Appellate Bench
There's paradigm shift in government's approach to exports: Dastgir
MCCI chief hails 50bps cut in policy rate
17 percent ST on starch: sizing sector continues its protest
Nepra to approve refund at a public hearing on September 15
Revised foreign currency cash carrying limit: FBR starts devising appropriate mechanism
DAILY EXPRESS
The federal government has announced to increase exports minister
Khurram Dastgir will go to China today to negotiate FTA China
PM will give export Promotion package will soon Khurram Dastgir
TMA HEAD OFFICE
DATE: September 13, 2015
DAWN NEWS
THE NEWS
Policy rate slashed by 50bps to six percent
SBP makes surprise rate cut with wary eye on rupee
FBR to conduct audit of tax returns
‘Understanding economic volatility imperative for growth’
Bumpy ride for tanners as exports decline 21 percent
Exporters offended on short meeting with PM
B RECORDER
Falling inflation, other factors: policyrate cut by 50 basis points to six percent
Major demands not to be met: Nawaz to announce relief package for industry
Audit policy approved: indicators set to evaluate taxmen's performance: FBR
Bank transaction: WHT documentation measure, insists FBR
LCCI hails 50bps cut in policy rate
Business community welcomes cut in interest rate
Apparel Sector dissatisfied over exporters meeting with Prime Minister
New audit policy: Certain exclusions identified and approved by FBR
DAILY EXPRESS
Policy rate slashed by 50bps to six percent
This year will go up to $ 21 billion in foreign exchange
Stressed on settlement of corporate disputes through their system
Govt should sort out problems of exporters
Lahore chamber stressed on settlement of exporters refund
Law should be congaed for remittance
TMA HEAD OFFICE
DATE: September 12, 2015
DAWN NEWS
Banks, DFIs told to provide account details of 4 accused to Rangers
Rupee may slide further vs dollar
PM courts industry with package to boost Exports
Trade gap shrank 8pc to $3.77bn in July-Aug
Families seek monument to Baldia factory fire Victims
THE NEWS
Karachi to be peaceful in two years: Nawaz
Pakistan lags far behind in compensating industrial victims
Govt fails to remove MD SNGPL in board meeting
Govt content with safety law draft as 64 families await compensation
SBP likely to keep policy rate unchanged
SECP asks corporates to adopt ADRs
KCCI protests against no invitation from PM
FPCCI, PTBA to strengthen B2B ties
B RECORDER
PKR, gas tariff, GIDC: exporters'''' demands rejected by government
Talks with IMF: traders'''' protest throws a spanner in government''''s works
Power tariff slashed by Rs 2.19 per unit
Customs computerised system: Collectors empowered to modify Provisions
Cargo agents: FBR approached for withdrawal of 8 percent minimum tax
Business community for early clearance of refund claims
Loan default case: NAB arrests directors of Al-Abid Silk Mills
KPCCI hails reduction in power tariff
Income tax rules: KTBA suggests removal of sub-rule (5) from Rule 231E
Sizing units go on indefinite strike
FPCCI chief will give himself for arrest on Tuesday
DAILY EXPRESS
Nawaz Sharif announced reduction in electric tariff by Rs 2.19 per unit
Rs347/- million defaulter M/s. Al-Abid silk Mills 5 director arrested
Industries will be shifted to other countries if problems are not resolved
Minister of finance called meeting of traders on bank transaction to remove reservations
Families seek monument to Baldia factory fire Victims
Joint investigation team of gutted factory could not proceed abroad
Important decisions at diplomatic level to increase exports
KCCI protests against no invitation from PM
TMA HEAD OFFICE
DATE: September 11, 2015
DAWN NEWS
Interior minister announces ban on fresh arms Licences
Incentives package to lift exports likely
SECP approves financial standards for SMEs, SSEs
THE NEWS
July-August exports dip 10 percent to $3.4 billion
FBR encourages retailers, wholesalers to file ST returns
Forex reserves rise to $18.598bln
Pakistan fails to perform well on growth pillars: report
Need stressed to attract US investment
B RECORDER
WHT on bank transactions: step only aimed at generating revenue
Forex reserves rise to $18.6 billion
Sarwar claims government 'extorting' money via WHT
July cotton yarn export up 11 percent
Prime Minister may announce package for 'upset' exporters today
DAILY EXPRESS
Pakistans exports decreased by 10.27% in 2 months
PM will announces steps today to increase exports
Monetary policy will be announced tomorrow
TMA HEAD OFFICE
DATE: September 10, 2015
DAWN NEWS
Pakistan stresses need for plan to deal with refugee crisis
Two officials convicted of embezzlement
Billions lost as traders protest against bank transaction tax
China PM seeks to quell global markets’ fears
PM invites businessmen for meeting this week
Body on new industrial projects starts work
Dubai property developers upbeat despite falling prices
THE NEWS
Govt to pass on benefit of cheaper power generation to consumers
Central bank holds nerve on rupee depreciation demands
Lesco overbilling consumers with staff connivance
FBR urged to allow adjustment of brought forward losses against super tax
‘Pakistan loses comparative share in global market’
Traders, businessmen observe strike; threaten sit-ins
‘Three years on, no lessons learnt from Baldia factory fire’
B RECORDER
MPS on Saturday: Policy rate may be kept unchanged
KCCI polls to be held on September 19
Traders to have direct links with counterparts in South Africa: HC
WHT on banking transactions: traders observe countrywide strike
LCCI seeks withdrawal of WHT on bank Transactions
New office-bearers of PTEA elected Unopposed
PLGMEA demands measures to arrest slide in exports: Body to meet Prime Minister tomorrow
Determining the character of income from other sources
Boosting textile export: Senate panel calls for taking required measures
Supply of electricity to ginneries: FBR refuses to grant ST zero-rating facility
Sector-specific issues: economic team to hold talks with exporters today
DAILY EXPRESS
Committee formed on 8% tax on services comments called from stake holders
Large exporters delegation will call on prime minster tomorrow
DGTO ordered to make appointment through public service commission
Refund being paid to exporters as charity
TMA HEAD OFFICE
DATE: September 09, 2015
DAWN NEWS
Revision of gas sales prices & minimum charges
Textile delegation leaves for Denmark
Nepra holds public hearing for 121pc increase in Wapda tariff
Govt assures EU of complying with UN Conventions
Modi seeks to capitalise on China’s market Woes
THE NEWS
LHC restores SNGPL MD Arif Hameed
FBR asks public, private entities to ensure employees’ return filing
Traders, businessmen to observe strike today
Industrialists advised for energy alternatives
Factory fire claims watchman’s life
Olson launches US Mission Pakistan’s Urdu websites
B RECORDER
Corporate audit cases: FBR seeks to exempt certain categories from random ballot
First-ever textile team leaves for Denmark
LCCI to join traders' strike today
Rebate on finished leather products Enhanced
German exports and imports hit record highs in July
China's August import slump raises fears of sharper slowdown
Businessmen apprehend: stalemate over WHT on bank transactions may take toll on economy
CPEC: China must reduce interest rate
Multiple jurisdictions: service providers being taxed: KTBA
WHT on bank transactions: traders to strike for a third time today
Shareholding by directors: SECP issues draft of reporting, disclosure rules
DAILY EXPRESS
U.S consulates inaugurates Urdu website
Withholding tax also effecting general public
Preparation completed in Karachi and Sind for strike
Country wide strike will be held today against withholding tax on bank transaction
46 officers of Inland Revenue replaced
Watchman dead due to fire in SITE factory
TMA HEAD OFFICE
DATE: September 08, 2015
DAWN NEWS
Customs officials held over Rs185m ‘corruption’
FBR urged to resolve double taxation issue
FTO orders payment of pending refund claims
President approves Countervailing Duties Bill
THE NEWS
Govt to reduce power supply to K-Electric by 300MW
Environmentalists hail likely ban on plastic bags in KP
Revenue authority holds Rs185bln refund cases: TDAP
SECP forwards proposals to Finance Ministry
Taxpayers facing double taxation due to different provincial laws: KTBA
‘Indian non-tariff barriers hindering exports’
B RECORDER
Increase in tariff: Nepra to hear Wapda''s petition today
Strategy to be chalked out to increase exports: Muneer
PLFBA supports strike against WHT on bank transactions
Rs 185 million loss to kitty: NAB arrests seven customs officers
PTA chief slams 8pc WHT on services
Economic corridor national obligation
Government's approach to taxation Suggestions
SECP asks MoF to implement compulsory group insurance
Incentives for revival of industry: textile stakeholders to meet Prime Minister
DAILY EXPRESS
Country wide strike by traders on withholding tax will be held tomorrow
300 MW electricity reduced for Karachi
Opposition against withholding tax increased
Amendment in federal and provincial law on compulsory insurance proposed
Parr ell banking beings due to withholding tax
Bank wills change old notes till 30th November 2016
MCC appraisement port qasim revenue target fixed to 2.27 turnovers
Dispute in PCDMA election
TMA HEAD OFFICE
DATE: September 07, 2015
DAWN NEWS
Rationalising provincial taxes to spur Investment
Stalemate over tax on bank transactions
How not to develop a tax culture
THE NEWS
Law to punish cyber- crimes on the cards
B RECORDER
Cotton intervention price: Summary moved to Prime Minister for approval
Government decision to increase gas tariff criticized
DAILY EXPRESS
Govt is ready to hold dialogue with Traders
Applications called for participation in Chinese Trade Exhibition
TMA HEAD OFFICE
DATE: September 06, 2015
DAWN NEWS
Digitised property documentation in Sindh
Rupee falling in absence of govt support
FBR urged to restore valuation ruling system
THE NEWS
FIA, NAB launch probe into multibillion rupees refund scam
‘Rupee depreciation won’t increase exports’
B RECORDER
Provinces'' view: Federal government accused of encroaching on tax space
KTBA concerned over SRO 877(1) Enforcement
Banking transaction tax: traders threaten to step up protest
PBIF chief spells out major reason behind low tax collection
PRGMEA concerned over increase in gas Tariff
E-banking transactions surge 100 percent
City Fire Department can't confront any emergency situation: NKATI
DAILY EXPRESS
Traders demanded deferment of withholding tax till 31st December
Increase in gas tariff would be disaster for exports
TMA HEAD OFFICE
DATE: September 05, 2015
DAWN NEWS
Customs central region collected Rs7.7bn in July
First online portal about labour inspection Launched
THE NEWS
Women entrepreneurs seek TDAP support
B RECORDER
Cash withdrawals: PBA concerned over 0.6 percent WHT on small borrowers
Government urged to review imposition of 8 percent WHT on services sector
Core government businesses: Pakistan first among Saarc states to introduce eoffice/ e-filing
Services sector: government decides to review eight percent tax
Protest against WHT: banks witness low deposits, claim traders
Cotton arrivals show 24 percent decrease: PCGA
Foreign investors repatriate $52 million in July
DAILY EXPRESS
Proposal to ban import of ordinary mobile phone
Boycott of bank transaction on withholding tax
Demanded to with draw gas tariff and sales tax on pl predicts
TMA HEAD OFFICE
DATE: September 04, 2015
DAWN NEWS
APTPMA slams hike in gas price, surcharges
Air cargo agents call off strike
Cotton production shrinks by a quarter
SBP forms unit to check discriminatory Practices
THE NEWS
Anomaly in sales tax law may cause revenue loss
Petrol, diesel consumption surge
FBR dismisses IR officer on corruption charges
SBP directs banks to observe impartiality
Freight forwarders, cargo agents call off strike
Forex reserves decline to $18.497 billion
Govt urged better monetary policy to control deflation
Cost-conscious strategy for industrial policy demanded
Govt urged to remove tax anomalies
KTBA points out FBR non-compliance on tax return forms
B RECORDER
RLNG pipeline: gas companies asked to raise Rs 101 billion for project
FPCCI urges Prime Minister to withdraw hike in gas tariff
Solar power termed a swift, economical solution to energy crisis
Banks and DFIs: SBP sets up unit to deal with discrimination issues
Banning import of raw materials: textile bodies oppose proposal
DAILY EXPRESS
Withholding tax traders will boycott today bank transactions
Withholding tax reduced bank transaction in July by Rs 878 Billion
Freight forwarders and cargo agents called of strike
Prime Minister will meet himself with the traders on withholding issue
SSGCL arrested officers cannot be declared guilty
TMA HEAD OFFICE
DATE: September 03, 2015
DAWN NEWS
Traders hold rallies against withholding tax
Don’t respond to spam emails: FBR
Disruption in petrol supply persists
THE NEWS
Money laundering flourishes under garb of remittances
Bank defaulter cases fall under banking court: SC
Strike piles up trade cargoes; prolonged stand-off feared
Losses prompt Pakistan, China to revisit FTA
Draft rules for super tax issued
ATM transactions reach Rs3.20 trillion in FY15
TDAP takes part in S Africa expo
LCCI urges FBR to use scanners
TDAP, Norwegian envoy discuss trade
KCCI slams revised K-Electric tariff
FBR issues phishing email alert
B RECORDER
Economic corridor: China to extend assistance at 1.6 percent interest rate
Commerce ministry grilled for preparing ''visionless'' STPF
PTA urges government not to levy WHT on turnover of services sector
Hike in gas/electricity tariff: KCCI President rejects government's policy
Goods checking at Karachi port: LCCI urges FBR, ANF to use latest tech
'CNIC to be used as NTN': FBR bound to implement parliament's decision
Super tax applies to income of banks sans threshold: FBR
Excess tax deduction: big manufacturers facing liquidity crunch
Pasha spells out reasons behind economic woes
DAILY EXPRESS
Country wide protest against withholding tax
Strike against turn over tax continued
K-Electric changed the slab without announcement
TMA HEAD OFFICE
DATE: September 02, 2015
DAWN NEWS
Filing income tax return made more difficult
Taxmen visits for recovery irk textile exporters
Paralysis as freight forwarders, cargo agents down tools
Low CPI creates space for rate cut
Petrol supply to fuel stations resumed after daylong suspension
THE NEWS
NAB yet to start accountability of big fish
Citizens suffer as pumps run dry due to oil tankers’ strike
Implementation committee for tax reforms likely
‘Govt must resolve issues with logistics industry’
PIA discounts on foreign flights
Kati concerned over gas price hike
‘Trade associations should push govt for reforms’
More Nadra offices to be set up
Ports remain shut to protest against ‘unjust’ tax
B RECORDER
Terrorism financing: SBP, agencies asked to work much harder
India grants relief from tax that worried foreign investors
CBI expert identifies causes of decline in textile exports
MCCI hails cut in rates of oil products
TDAP to hold WEXNET expo in December
Textile industry pins high hopes on meeting with Prime Minister
Weapons, narcotics: high density scanning systems installed on entry-exit points
Government urged to withdraw hike in gas tariff, GST on petrol products
Taxpayers seek exemption from wealth Statement
Hike in gas prices will devastate CNG industry: Chairman APCNGA
PIA announces up to 30 percent discount on international fares.
The constraints and impact of POL prices
Cotton output estimates revised Downward
Five export-oriented sectors: FBR issues instructions on sanctioning of refund claims
2MFY16 FBR pays Rs 21.420 billion refunds and rebates
APOTOA calls off strike
TMA HEAD OFFICE
DATE: September 01, 2015
DAWN NEWS
Gas tariff increased by up to 67pc
Traders want tax deferred till Dec 31
Tax returns filing date extended to Sept 30
$300m deals reached at textile fair
Transit trade integration to cost $300m
World prepared for US rate hike
THE NEWS
Gas tariff increased by up to 63 percent
Govt raises GST on petroleum products
Dar directs opening of Pakistan micro-finance investment company
FBR extends date of filing of income tax returns for salaried class
People with businesses abroad have no right to do politics in Pakistan:Siraj
Chinese tourists unfazed by currency fall
FBR extends returns filing date to Sept 30
‘Kyrgyzstan wants strong trade ties with Pakistan’
Textile expo attracts $300mln deals
NTC plans to introduce protection policy to safeguard industries
B RECORDER
Gas prices revised upward, POL products'' prices slashed
Salaried persons: date for filing IT returns Extended
Kyrgyz diplomat for building strong trade ties with Pakistan
Ahsan directs Ministry to finalise water policy in 3 months
E-filing for TY15: Draft return, wealth statement forms introduced
TCP asks FBR to clarify rate of WHT on lint cotton
TRC's tenure extended by 90 days
Government urged to review WHT on services sector
NTC plans to introduce protection policy: Chairman
'Tax on rental services: some questions, concerns'
Provisional figures: Rs 324 billion revenue collected in two months
Australian shares lower on Fed fatigue
Withdrawal of WHT on banking transactions: government rejects demand, again
DAILY EXPRESS
Private company awarded licenses 1st time for distribution of electricity
8% turn over tax facilitator to resort strike form today
FBR could not achieve tax target of august
Date upto 30th September extended for filing of income tax and wealth statement
100 consignments detained for clearance due to corruption identification
TDAP has changed its strategy towards holding exhibition
Protest against bank transaction tax will start from tomorrow
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