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News Clipping - Archives January 2017


TMA HEAD OFFICE 

DATE: January 31, 2017

DAWN NEWS

LNG consignments improve gas supplies to Punjab

Trump’s visa policy will only help terrorists: Nisar

Trump’s travel ban

Rupee rises against major currencies, except dollar

Regulator advocates steep hike in fuel rates

Tax-free days ending for Saudis

Cotton production to fall further, warns ministry

Nepra forms committee to probe ‘excessive collection’ by KE

KE resumes loadshedding in industrial areas

India lifts ATM limit from Feb 1

Realtors demand end to anomalies in property rates

THE NEWS

The root of child labour

Protesters flood London streets to oppose Trump’s travel ban

Six to 38pc raise in POL products’ prices suggested

Consumer loans soar threefold to Rs46.1 billion in July-Dec

Ogra asks trade bodies to provide proof of legal status

Tax collection on property transactions increases to Rs7.3bln

Saudi approves value-added tax

Energy investment to improve textile sector

B RECORDER

Zubair new Sindh governor

PM’s package does not cover non-textile sectors

Government charging no GIDC on imported gas, NA told

Jurisdiction/record of taxpayer transferred during FTO probe

Banking, Credit & Finance: Ikhtiar Baig appointed chief of FPCCI body

‘Tax filers in Pakistan treated as non-filers in AJK, GB’

SBP remains unmoved

Sindh PA passes Payment of Wages Bill

KCCI president demands effective strategy to avoid traffic jams

Tax-free days ending for Saudis after oil slump

DAILY JANG

OGRA advised the govt to increase pol products prices up to 38%

KCCI demands early completion of various development projects in City

Telephonic transfer and over draft sale of US dollar closed at Rs 105/-

Malik Khuda Baksh appointed Chairman of FPCCI standing committee for foreign investment

Ikhtiar Baig appointed Chairman FPCCI banking committee

DAILY EXPRESS

Prices of pol products likely to increase by Rs 17 per liter

Committee formed to remove flaws in valuation table off property

TDAP will set pavilion of world apparel sourcing in Paris

Proposal to introduce centralized system of business registration

KCCI demands to speed up of going on projects in city


TMA HEAD OFFICE 

DATE: January 30, 2017

DAWN NEWS

Wind power tariffs

Nadra office

Perks for US mly retirees

New positions

CPEC – the trade dimension

Rationalisation of energy pricing

THE NEWS

Envoy rules out US visa ban on Pakistan

Pakistan may not stay immune to US visa ban

B RECORDER

FBR gets no response from any tax haven

Dr Pasha speaks about challenge of rising public debt

Bangladesh central bank keeps policy rate unchanged, sees inflation below target

Currency swap with China: Traditionally, Pakistan is a rather an eccentric currency storage country

Speakers underscore need for efficient role of ADRC

Exporters irked by provincial taxes on raw material imports

DAILY JANG

DAILY EXPRESS

Prices of pol products likely to be increased more from 1st February

SBP New monetary policy

On plea of US Federal Reserve dollar price reduced

Provincial grant of Rs 2.9 billion for industries welcomed


TMA HEAD OFFICE 

DATE: January 29, 2017

DAWN NEWS

SBP keeps policy rate unchanged at 5.75pc

KE’s response: a citizen’s reply

FPCCI demands low-cost funds

SSGC optimistic about turnaround

Tax ombudsman for clipping FBR powers

THE NEWS

Exports decline, imports go high

SBP leaves interest rate on hold at 5.75pc as widely expected

Too taxing affairs

‘Tax rules extremely complicated’

SECP sets up help desks

Embassy official to lead trade team to US

‘Incentives to push up exports’

B RECORDER

Policy rate remains unchanged; SBP worried about external sector

Remittance inflows likely to cross $20bn mark

Around 90,000 new taxpayers registered with IRIS

CPEC may be fully functional by 2020: Faisalabad Chamber

LCCI seeks slash of 25 basis points in MP rate

HMRC experts assisting in revamping FBR website

FTO to form body to redress tax complaints

Dastgir offers huge relief to tanners

DAILY JANG

Exports decreased import increased economy improved trade deficit enhanced

Economic indicators positive overcome on energy crisis ministry of industries and commerce

DAILY EXPRESS

SBP keeps policy rate unchanged at 5.75pc

Focal person appointed to resolve issue of Re-scheduling loans of sick industries

Committee will be formed to resolve tax issue of businessmen FTO

Action should be taken against big tax evaders Salim Mandviawla

Pak-Thailand FTA dialogue likely in next week

Exports increased by 4 times through FTA


TMA HEAD OFFICE 

DATE: January 28, 2017

DAWN NEWS

KWSB’s sewage treatment plants

Gas crisis in Karachi

Nepra does away with upfront tariffs for new wind projects

Exports to China fell to $770m in July-Dec

93,276 taxpayers selected for audit under new policy

Investments by Pakistanis in UAE property market declining

THE NEWS

‘Minimum age limit of 14 years violates Article 25-A of constitution’

Pakistan’s exports to EU increase 37pc in past three years: commerce minister

‘FBR complies with laws to convince non-filers into returns filing’

Businessmen call for geographical indication law

‘Bureaucracy doing its best to waste Nadra’s wealth of data’

Punjab govt’s decision hailed

‘London will not lose economic importance post-Brexit’

Textile mill in SITE sealed for using coal-fired power plant

B RECORDER

Wind power tariff announced

FBR refuses to share audit parameters

S.S.G.C.L “AD” Gas Supply Closure Every Sunday Industrial And captive Power

Consumers fear NEPRA's decision in favour of KE

Duty-drawback: Condition of 10 percent increase in exports unjustified: FCCI

3rd Pakistan Mega Leather Show begins in Lahore

Pakistanis among Dubai's top earning real estate brokers

Allotment of state land

KE denies charges of excessive collection

Rwanda market being neglected by Pakistan, complains honorary CG

Statutory returns must be authenticated by authorised officer: SECP

DAILY JANG

New monetary policy will be announced today

Opportunities exist for trade and investment in African markets. Farooq Azam

Grant of Rs.2.9 Billion for industrial Zones is good step KATI

All important decisions are taken with consensus in F.P.C.C.I.

DAILY EXPRESS

Monetary Policy will be announced today

Expressed concern on ignoring market of 125 Crore population of African markets


TMA HEAD OFFICE 

DATE: January 27, 2017

DAWN NEWS

Child labour

Power tariff reduced by Rs2.21 per unit

NA committee okays Companies Bill 2016

Reserves up by $55m

India plans big budget despite growth, revenue worries

Nepra assailed over ‘windfall profits’ of KE

THE NEWS

Pak economy improving, conditions conducive for investment: WB

Industries along the corridor

Nepra reprimanded for allowing KE to charge extra Rs62 bn

State Bank expected to keep policy rate on hold

Nepra awaits reconciliation to approve KE’s ownership transfer

Forex reserves up $23.24bln

Apex trade body demands tax amnesty at earliest

Uneven opportunities lead to dearth of entrepreneurs

B RECORDER

Nepra accused of over-burdening KE consumers

CPEC to open new world for customs, says FBR chief

Immediate withdrawal of GIDC levy demanded

Pasha for revisiting policy of allotting state land

FBR detects 486,238 tax defaulters in two Years

SBP may keep policy rate unchanged

DAILY JANG

Pakistan’s budget deficit reached to 2.4%

1% world population holds 51% international wealth

Monetary policy will be announced on Saturday

Gulzar Firoz nominated Chairman of Federation standing committee on environment

Industrial production severely hit due to disruption of gas supply

Forex reserves up $23.24bln

Child Labor an issue to be look after

TDAP case

Pakistan’s economy improved country becomes favorable country investment 

Indian trade deficit likely to reach 110 billion dollars

34% landlords in parliament while businessmen stands at no 02

DAILY EXPRESS

KE collected additional amount of Rs 62 billion from consumers

Fuel adjustment electricity become cheaper by Rs 2.21 per unit

Reservations on long load sheeding and on over billing

Need to abolish child labour

Vice president of FPCCI stopped to form committees

Federation presidents action is dictorial executive members become hostile

Gulzar Firoz nominated Chairman of Federation standing committee on environment

World custom day celebrated in Pakistan too

Reserves up by $55m

Monetary policy will be announced on Saturday


TMA HEAD OFFICE 

DATE: January 26, 2017

DAWN NEWS

Polluted environment

Building and losing reserves

$951m repatriated in July-December

Industry demands withdrawal of GIDC

Cotton prices up on strong buying

Dar for mobilising private sector for long-term financing

Instability may turn investment into burden: minister

Sindh Assembly bans employment of children under 14

THE NEWS

Pakistan’s score improves on Corruption Perception Index 2016

India, UAE sign Rs78tr 114 strategic, trade accords

Provide electricity or pack up, Sindh CM warns power companies

Corruption is not mere financial,it may be moral, says president

Pakistan invites Japan to start FTA talks

‘Sino-Pak trade corridor a lifeline for entire country’

B RECORDER

PBIF praises government's move on duty exemption

SAARC CCI to hold EC meeting in Amritsar, Lahore

MCCI chief hails export policy

Dubai airport says still top for international traffic

A 'new world order' trading bloc

901 cases of tax evasion, frauds involving Rs 53 billion detected

DAILY JANG

14 Strategic and trade accord worth Rs.78 trillion between India and U.A.E.

Concern expressed on limiting powers of vice presidents by F.P.C.C.I executive committee

Due to peace in Pakistan investors’ confidence increased 

Country’s exports will definitely enhanced by steps taken by govt

DAILY EXPRESS

Cotton prices become expensive due to imposition of duty on Indian yarn


TMA HEAD OFFICE 

DATE: January 25, 2017

DAWN NEWS

CNIC renewal hassle

K-E response

Banks refuse to accept old-design US dollar notes

FPCCI seeks another amnesty scheme

THE NEWS

Foreign companies may be exempted from disclosing beneficial owners

Textile raw material imports allowed duty exemptions

Minister stresses role of expats to increase foreign trade

Customs warns terminal of action

LCCI hails setting up of EXIM Bank

USAID seminar on women’s participation in trade policy formulation opens

B RECORDER

Duty drawback of taxes allowed for Exporters

LCCI welcomes setting up of EXIM Bank in Lahore

Apparel Forum approaches PM for amendments in export package

Murad grants Rs 2.9 billion for Karachi's industrial area

KATI president for permanent debt payment system for energy sector

Seven Special Economic Zones under CPEC so far

Dastgir meets EC officials, MPs in Brussels

Pakistan, the two-speed country

Talking trade numbers

SBP initiates annual foreign investment Survey

DAILY JANG

Reconstruction and development of industrial zone 2.9 billion rupees granted Chief Minister Sindh

Business community is the integral part of country’s economy acting governor

Violation of SRO 450

Women should be skilled in management resources for development in business

Proper strategy will be evolved to boost Pakistani products exports in EU markets Khuram Dastgir

Pakistan is suitable country for investment  

DAILY EXPRESS

SECP supported amnesty scheme for owners of offshore companies

Chambers president’s conference ended five points agenda given to government

Economy is being progress rapidly federal ministry of commerce

Formation of export import bank and setting head office at Lahore hailed

Trade preference between Pakistan and Indonesia will be reviewed in February


TMA HEAD OFFICE 

DATE: January 24, 2017

DAWN NEWS

Thailand FTA

Justice for labour

‘Mercury poisoning’

Bank loans grew 144pc in 2016

Cotton price rises

THE NEWS

Pakistan among six most suitable countries for investment: Fund Manager

FBR obtains data for advance tax collection

Proposals for settling GIDC issues underway

Pakistan vows to meet EU market challenges

WHT of 0.4pcon non-cash transactions extended

Sales tax collection grows 50pc

B RECORDER

Textile units registered with MoTI given GST exemption

Thirteen items: import duty exempted

Census of industries from January 26

Bank transactions: 0.4 percent WHT to be charged up to March 31

Surge in C/A deficit

India''s top court dismisses plea to delay annual budget

LCCI concerned over flaws in FBR audit policy

Turkish Airlines to announce special offer

Textile exports year end

GTex Expo concludes with $18 million deals

DAILY JANG

Forex reserves in Pakistan Banks increased by 11.2 trillion rupees

China become largest country to grant foreign direct investment

Pakistan is in 6 favorite countries for investment

DAILY EXPRESS

Work Visa fee for foreigners increased by 75%

Govt Bank loans still costly in spite of historical reduced interest rate

Trade officers conference under the chairman ship of federal commerce minister

50% sales tax collection from accounts office increased

Gas shortage increased in Sindh due to increase in winter in Sindh

Lahore chamber stressed on removing flaws in audit policy

Withholding tax will be deducted @ rate of non-filers from Bank customers


TMA HEAD OFFICE 

DATE: January 23, 2017

DAWN NEWS

Economic dilemma

THE NEWS

Economic Expulsion

B RECORDER

Pakistan, Thailand fail to reach deal on TRMs

'All trade from China should be made through banks'

Dastagir to visit Brussels

Prostate biopsies could be avoidable with MRIs

Rise in FDI

DAILY JANG

Facility of on arrival visa for Indian citizens in Hong Kong  abolished

Export package is of no use export targets will not be achieved

DAILY EXPRESS

Rice exporter’s demands share from incentive package

All Pakistan chambers conference begins from today at Bhurban

Cotton rate reached to Rs 6800 per mound


TMA HEAD OFFICE 

DATE: January 22, 2017

DAWN NEWS

Tax obligations

Sindh stamp duty collection falls 31pc short of target

With exports falling, spending on foreign trade offices jumps

Smeda invites budget proposals

THE NEWS

17 percent visa applications of Pakistanis are rejected by India

Laxity in tax compliance

FBR amends law to bring foreigners into tax net

Commerce minister to arrive in Brussels today

B RECORDER

Import of LNG: rate of advance tax quite different for filers, non-filers

Relief package demanded for rice export

APCNGA seeks withdrawal of hike in gas tariff

Rice exporters seek a share in incentive package

Dastgir arrives in Brussels on four-day official visit

DAILY JANG

Appreciable step of PM for boosting exports

DAILY EXPRESS

Tax target for January fixed Rs 220 billion

Value added sector objects on exports package for exports

FBR 31 Dy. Commissioners transferred

Federal commerce minister will leave for Brussels on 4 day official tour

Lahore chamber demands for full pressure of gas to industrial zones


TMA HEAD OFFICE 

DATE: January 19, 2017

DAWN NEWS

Slight drop in unemployment expected after CPEC: UN report

Tax filers’ woes

FBR gets new chairman

Countervailing duty imposed on Indian fine cotton yarn

PM, Swiss president for expanding economic ties

Current account deficit surges 92pc

Cotton output rises 11pc

Cotton price soars

National Tariff Commission Advertisement

THE NEWS

Pakistani passport second worst forint’l travel

Industrial growth rose to 8pc in November

Modi’s demonetisation policy affects neighbours

Eight rich men

Better times

Current account deficit widens 93pc to $3.585bln in July-Dec

NTC slaps regulatory duty on import of Indian fine yarn

Cotton output up 11pc to 10.535mln bales

Thai delegation negotiating FTA with Pakistan

Samba Bank goes paperless

B RECORDER

Details of 67 Pakistani residents sought

Alibaba Group eyes e-Commerce platform

Dr Irshad to look after work of FBR chief

Kati chief hails Prime Minister's textile package

India central bank has pumped in 9.2 trillion rupees of new notes

MoF disputes contents of BR report

About 10.5 million bales of cotton reach ginneries

Gas Infrastructure Development Cess: Ministry asks CNG sector to retire Rs 40 billion dues

$1.08 billion FDI received in July- December

H1 current account deficit soars by 92 percent

Textile machinery A look forward

Attention Pakistani Exporters to the European Union (EU)

DAILY JANG

F.B.R posted in assistant collectors in model customs collectorate

Current account deficit reached to 3 billion 58crore dollars during 6 months

National tariff commission duty imposed for 6 months on import of cotton yarn from India

DAILY EXPRESS

Big Cities will go under water if temperature exceeds to 4 centigrade

None will win in trade war

Pakistan imposed heavy anti-dumping duty on Indian cotton yarn

Trade deficit gone double during 1st 6 months


TMA HEAD OFFICE 

DATE: January 18, 2017

DAWN NEWS

Senate passes bill to curb benami transactions

Sound bytes: ‘Use of frontmen to purchase properties will be a crime’

5,000-rupee notes

Moneychangers no more bound to surrender dollars

Senate committee urges early FTA with Iran

‘Textile units are relocating to other countries’

Software being developed for police to block smartphones

THE NEWS

Inflation reduced, foreign investment, economy strengthened: PM

No gas loadshedding in KP: SNGPL official

Textile industry not contented with Rs180 bn package

Temperature likely to increase at

Sharmeen first-ever filmmaker to cochair WEF

SBP offers cash dollars to forex firms to arrest rupee fall

Tax dept accused of sending faulty recovery notices

Government to safeguard national interest in FTA talks

Punjab CNG stations shut down

Productivity is the mother of economic prosperity

B RECORDER

Xi warns against trade war

Free trade agreement: China talks in second phase after under-invoicing mechanism

FDI 1HFY17: A ray of hope?

Textile machinery imports: A look back

Industrial consumers: Ministry nullifies impact of Rs 3/kWh relief

Industrial zones under CPEC: first phase to be completed by end of 2017

Walmart to create 10,000 jobs, invest $6.8 billion in US

PBIF hails Rs 180 billion package, seeks long-term policy

Government urged to pay pending rebate claims through SBP

Restructuring the export sector

Money can't buy exports

Benami Bill adopted after slight amendment

DAILY JANG

Pakistani passport ranks at No 02 amongst worst passports of the world

Charge of acting chairman of FBR and secretary finance would be given to senior most officers

Confidence of industrialists and exporters would be gain through export package Masood Naqi

High cost of doing business is the main hurdle to towards export promotion AkramAnsari

Economy Pakistan v/s India

Power looms closed hundreds of laborers job less due to electricity and gas cerise in Punjab    

DAILY EXPRESS

SBP expressed concern on depreciation of Pak Rupee

E-Bay will introduce its service in Pakistan

Chambers president conference will be held Bhur Ban on 23rd January

Meeting at Islamabad with regard to high cost of production of textile

Tanner demand SM Munner be appointed Governor Sindh


TMA HEAD OFFICE 

DATE: January 17, 2017

DAWN NEWS

IMF cuts India’s growth rate after demonetisation

Foreign direct investment jumps 10pc

Pakistan leaves India behind in WEF’s development index

Majority of ABC members keen to invest in Pakistan

Eight men own as much wealth as half humanity: Oxfam

Foreign investment shoots up by 10pc

THE NEWS

Pakistan ahead of India in development: World Economic Forum

11 SEZs to be established under CPEC: Ahsan

Pakistan 111th, India 92nd in global talent index Sri Lanka, Bangladesh grab

Cold wave

US firms to increase investment as business climate improves

FDI increases 10.4pc to $1.08bln in July-Dec

OGDCL to add 100mmscfd gas in winter

CROs to remain open on Saturdays

B RECORDER

Trade tensions, dollar danger cloud economic optimism in Davos  January 17, 2017

Eight men own same as poorest half of world: Oxfam

KCCI president urges government to ridKarachiites of street crimes

Income tax returns: FBR faces challenge to conduct audit of late filers: report

Claw back mechanism: KE to pass on over Rs 17 billion to consumers

MCCI chief says economy showingresilience

Petrol price rise

Government mulling various names to fill post of FBR chief

H1 FDI crosses $1 billion mark

Manufactures & Exporters of Pakistan 

DAILY JANG

Appointment of Charmin F.B.R and finance Secretary decided. AD will be given for National

Reduced Sales Tax% is a must to check inflation.

American Business Council intend to invest more in Pakistan

Temporary relief to exporters by textile Package Zahid Hussain

Step to be taken to control rising street crimes

Demonetization of notes Indian inflation likely to reduce

Textile Industry not satisfied with package of Rs.180 billion demand to reduce cost of doing business

Forced retirement of appraised of model custom collectorate Karachi.

Jeddah person purchasing ornaments of gold more than 5,000 riyal will fall in to money laundering. Ministry of Trade investment

DAILY EXPRESS

Petrol bomb

Foreign direct investment increased by 1 billion dollar during July-December

Package given to meet export challenge T.D.A.P chief

Rs.2.1 Crore will be spent ion Industrial census.

Enhancement of Gas prices Towel Manufacturers strongly criticized ogra

Karachi chamber expressed concern on Rising street crimes

American companies expressed confidence on Pakistan


TMA HEAD OFFICE 

DATE: January 16, 2017

DAWN NEWS

Gas crisis worsens in Punjab

Govt raises petrol, diesel prices

Driving licences

Breathing space for exporters

Introducing negative income tax

The tax amnesty crutch

THE NEWS

Petrol price goes up by Rs1.77, diesel by Rs2 per litre

Tax amnesty

To increase exports, Sindh forms agriculture development board

Fraudulent Leakage 

Packaged Booster

B RECORDER

Petrol, HSD prices increased

Sales tax on motor spirit, HSD oil increased

'Doing Business in Pakistan' conference in Glasgow on January 18

Taxpayer's bank account attachment orders withdrawn

$15 billion needed to meet foreign debt obligations: Pasha

DAILY JANG

Petrol and diesel prices increased in India petrol new price fixed at Rs 71.13 per Liter 

POL product prices increased by Rs 2 per liter  

Senate committee meeting on textile

Ishaq Dar in consultation with Haroon Akhtar to decide Chairman FBR appointment

DAILY EXPRESS

Petrol Rs 1.77 Diesel Rs 2/- per liter

Consideration on name of new economic team of govt begins

Decision to inaugurate deep water port without its deepness

Cotton prices increased by Rs 100 to Rs 300 in open market

Limit of credit guarantee scheme financing increased by Rs 2.50 croore


TMA HEAD OFFICE 

DATE: January 15, 2017

DAWN NEWS

Tax filer’s woes

Bravo NAB?

Cotton importers in a fix as Indian deals fall

Pakistani expo draws crowds in Colombo

THE NEWS

Temporary boost?

Pakistan’s largest trade expo opens in Sri Lanka

Chinese exports to Pakistan increase following CPEC launching

Industrial zones in CPEC will boost economy

FBR feared to lose Rs50bln on export incentive package

Country should not be run like a company

B RECORDER

240 LNG shipments: financial bids for supply to open on January 19

55 companies to be conferred CSR Awards

Government playing key role in earning foreign exchange: minister

Aptma chief praises PM for textile package

PIAF for lowering high power tariff

The challenge of refunds

SBP to enhance financing limit to Rs 25 million under CGS

PM''s exports package: Notification submitted to L&JD for taxes drawback

DAILY JANG

FBR got all time record 8,94,663 returns

9103 property deals executed during 37 days and Rs 680 coroe Black money withered

DAILY EXPRESS

Very limited items traded from Pakistan to Saarc countries

Detail of tax cases sought from high courts

Heimtextile Frankfurt concluded 7000 trade delegation visited number of orders executed


TMA HEAD OFFICE 

DATE: January 14, 2017

DAWN NEWS

Gas Supply Closure Every Sunday Industrial And Captive Power

Negotiating trade

Home loans grow for 11th quarter in a row

FBR collected Rs1.5tr in first half of 2016-17

Trade fair opens in Sri Lanka

THE NEWS

Met Office warns of untimely rains in Future

Dar asks FBR to plug loopholes for overcoming revenue shortfall

Corporate tax returns drop 26 percent in 2016

Imported LNG, better management increase gas availability by 20pc

‘State Bank helps SMEs get better access to finance’

Working poverty to continue challenging planners in 2017

Expo to boost Pak-Lanka trade ties

‘Textile exports may post 10pc rise’

Emirates offers special fares

Call to enhance Pakistan-Australia trade ties

B RECORDER

Companies barred from destroying records before 10 years

Relocation of industries: incentive package on the cards

Rs 3 kWh tariff cut: government requested to pick net difference of subsidy

TDAP chief seeks traders' help for boosting exports

C&T Group decides to boycott selection process of trade officers

Exporters welcome Rs 180 billion PM's Package

NICOP: 'necessary legislation needed to exempt overseas Pakistanis'

'First aid' for struggling export sector

DAILY JANG

Govt has to take approval for textile package from parliament FBR sources

DAILY EXPRESS

Large scale manufacturing production witnessed not able increase of 8%

Companies barred from destroying records before 10 years

Recommendation to include credit guarantee scheme in budget

2nd single country exhibition of Pakistan in Sri Lanka


TMA HEAD OFFICE 

DATE: January 13, 2017

DAWN NEWS

PPP slams, govt defends fertiliser subsidy’s withdrawal

Govt under fire in Senate for reliance on loans

Direct taxes

Declining exports

Large-scale manufacturing expanded 8pc in November

Reserves rise to $23.2bn

PBC calls export package ‘temporary solution’

Five textile units closed for violating environmental laws

THE NEWS

Zardari slams compensation package for textile sector

Textile sector package ‘too little, too late’: Zardari

What about exports?

Tax officer, who dared Gen Zia, urges colleagues to follow law

Pakistan at seventh among top 10 most vulnerable countries

NBP’s senior vice president arrested

‘2,200 industrial units polluting Lyari River’

LSM outperforms Indian Manufacturers

Remittance cover for deficit falls 8pc to 71 percent

LHC directsFBR to improve auditing Procedure

LCCI urges PM to extend scope of export stimulus

B RECORDER

Financial impact of PM''s package Readjusted

Zardari terms package ''''too little too late''''

Export package: Whats in it for leather?

Chief Commissioners asked to verify exemption certificates

Pakistan's foreign exchange reserves up $36 million

Life, heath insurance services: SRB issues two notifications regarding ST exemption

HCCI leader welcomes PM's textile Package

LCCI seeks incentives for allexportoriented Industries

LTUs, RTOs told to conduct desk audit of ST returns

Tax fraud by textile unit unearthed

Fall in remittances

RD, customs duty to be abolished on import of 20-25 items

OICCI makes Rs 45 billion tax refund Claims

AD FPCCI

DAILY JANG

Each Pakistani is under debt of Rs 1,20,000

Formation of military courts will be fully opposed subsidy on fertilizer be restored Zardari

All-time record collection of taxes by FBR

Up to 12th January 2017 890527 annual tax return filed

Banks senior vice president arrested on incurring loos to national exchequer

Exporters should utilize full incentive of the package Ishaq Dar

DAILY EXPRESS

Poisonous water of factories being poured in Layari & Malir River

Indian Yarn likely to be dumped in Pakistan spinning sector will be stand still

Heimtextile 2019 Pakistani exhibitor participated

Exports will be increased by 3 billion dollar through incentive LCCI


TMA HEAD OFFICE 

DATE: January 12, 2017

DAWN NEWS

Export incentives

FBR reopens KE’s sales tax claims worth Rs1.19bn

Pensioners to get savings returns from banks

Adviser will not exercise ministerial powers, govt assures SHC

THE NEWS

PAC directs FBR to put its house in order

Fall of exports

Ikhtiar Baig declared well-dressed person of 2016

Senate body for placing regulatory bodies under CCI

Incentive package for exporting sectors widely welcomed

FBR rejects commercial importers sales tax refund claims

Analysts warn pre-election populist decisions can derail economy

Incentives package hailed

SHC disposes of plea as CS insists no adviser exercising ministerial powers

Federal law officer, cabinet secretary’s comments sought by January 25

India’s SC orders audit of over three million charities

B RECORDER

Nepra no longer independent, Senate body told

PM''s package has revenue impact of Rs 100 billion

Brief of draft Companies Bill submitted to National Assembly panel

FPCCI president hails PM's package for exporters

MCCI chief hails Rs 180 billion package of incentives

PHMA hails export package

FBR reduces IT rate on firms fulfilling Shariah-compliance criteria

Incentives for exporters

Package of incentives for exporters

“AD” All Pakistan Textile Mills Association

Textile package Garment is the key

Remittances under duress

Cotton imports open

HARBIN INT’L ECONOMIC & TRADE FAIR HEILONGJIANG- PROVINCE CHINA JUNE 15-19, 2017

DAILY JANG

P.M package for exporters will restore Industrial activity Zubair Tufail 

Attractive Package for boosting exports

E.C.C approved relief package for exporters 

DAILY EXPRESS

E.C.C approved relief package for exporters 

Export relief package value added and horticulture sector raised objection

Mian Address congratulates P.M on excellent relief package

Liaison committee of K.M.C and chamber formed to solve local bodies issues 

Target of 37 billion dollar exporters demand more incentive


TMA HEAD OFFICE 

DATE: January 11, 2017

DAWN NEWS

Electoral politics lurks behind Rs180bn export incentive package

Passive smoking

Tax returns

Remittances declined 2.4pc in July-Dec

Exporters demand separate body

Karachi supplied 200MGD unfiltered, unchlorinated water

THE NEWS

Rs180 billion package announced for Exporters

Pakistan beats India in geopolitics: Forbes

Taxing the rich

Morocco bans production, sale of Burqas

Sindh moves to bring life, health insurance under sales tax net

Petrol taxes drop globally despite climate change, says study

FBR launches scrutiny of chemical imports to detect misuse of zero-rated facility

Remittances slide 2.37pc to $9.458bln in first half of FY17

DP World targets inland India

Pakistan ranked third in region in GDP growth

B RECORDER

As election nears, Prime Minister pleases Businesses

PAC comes across massive irregularities in FBR accounts

Dastgir says package aimed at boosting Exports

Partly Facetious: Was Dar telling some basic facts?

SRB chairperson for according professional industry to professional services

RTO-II surpasses revenue collection target

Higher input cost responsible for exports decline: PIAF

Decline in forex reserves

PIA: the elephant that refuses to leave the Room

Isn't it a grim situation?

Remittances witness slowdown

What does it take to build a brand?

Immovable properties: pro-Islamic banking body makes key Recommendations

“AD” Government of Pakistan  

Bank Islami “AD”

DAILY JANG

Rs180 billion packages announced for Exporters

29% tax on petrol and 39% tax on diesel is held collected petroleum minister

In spite of soaring throat PM addressed in lighter mood

PPP rejected textile Package

Foreign remittance reduced during 6 months by 22 corore 97 lack dollar

HEIMTEXTILE fair begins 274 Pakistani companies participated

Weak portion of economy 

DAILY EXPRESS

7% subside will be given on exports duty on import of machinery abolished

FPCCI welcomed relief package


TMA HEAD OFFICE 

DATE: January 10, 2017

DAWN NEWS

Yet another amnesty scheme

Karachi street crime

Driving in US

PM to announce export package worth Rs70bn today

India’s tax figures show ‘little disruption from cash crackdown’

SSGCL “AD” regarding Revision of sale prices & Minium  Charges For Domestic, Commercial & Industrial Customers

Qatra Air “AD”

THE NEWS

Most Pakistanis hold good opinion of China, S Arabia

Major economic reforms not likely in 2017: experts

PM likely to announce special package for exporters

‘Amendments made to make NTC Act 2015 business-friendly’

B RECORDER

All export-oriented sectors to benefit from package: Dastgir

Cold wave to persist for next three days

Senate passes OGRA (Amend) Bill, 2015 & NCA (Amend) Bill, 2016

KATI president for initiatingall undisputed dam projects

Shamsi distances himself from Capta's statement

NTC introducing reforms against dumping, import of subsidised goods: chairman

Businessmen welcome abolition of WHT proposal

Amendment in procedure for taxpayer's registration proposed

Exporters pin high hopes on Prime Minister's textile package

LHC admits writ petition against appointments of new trade officers

DAILY JANG

Prime Minister will announce Textile Package for exporters to day

During 1st 6 Month of current fiscal year trade deficit increased by 22.22% exports reduced by 3.82%

During December more than Rs.24110 million tax collected

Counting of votes of our presidential candidate declared less P.B.G

DAILY EXPRESS

Export condition not improved trade deficit increased by 22%

Opponents will no more be tolerated S.M. Muneer

Rs.1trillion relief package for exporters will be announced to day

Proposal to lift ban on gas connection for Industries rejected

Prize scheme for sending remittance through legal channel

K.C.C.I. Felicitates Majyed Aziz on being elected president of employers federation


TMA HEAD OFFICE 

DATE: January 09, 2017

DAWN NEWS

Textile industry struggles to bounce back

5,000-rupee note

60 Karachi areas become ‘hot spots’ for mobile phone snatching

Haj applicants failing twice may get chance without balloting

Tax mobilisation failure

Interest and exchange rate outlook

THE NEWS

Cost of a plea bargain

EM Exports ‘to Rise For First Time Since 2014’

The Gimmicks Must End

Amnesty For Tax Evaders!

B RECORDER

Foreign exchange reserves begin to fall: Pasha

'Delay in payment of ST refunds creates financial crunch for industry'

Country's once-booming textile industry struggles to bounce back

PEW for steps aimed at saving textile Industry

The SBP report

FTO initiates probe against RTO Islamabad

Rewarding dishonesty: do amnesty schemes work?

DAILY JANG

Textile industry struggles to bounce back

Effects of corruption on countrys economy

Tax amnesty scheme

Pakistan’s economy 2016

DAILY EXPRESS

Due to anticipated low production cotton crisis occurred in the country


TMA HEAD OFFICE 

DATE: January 08, 2017

DAWN NEWS

Another respite for those with offshore wealth?

New law aims to make plea bargains stigma

China forex reserves fall for sixth month

THE NEWS

‘Pakistan should enhance exports to African countries’

CPEC: Boon for adept and bane for Inept

China’s forex reserves fall for 6th Month

New audit policy feared to beget Corruption

B RECORDER

Rs 75 billion pro-exports package may be announced on January 10

Amended NAB law stiffens penalties for Beneficiaries

Ordinance promulgated

Plea to extend tenure of president of FPCCI body

Mandviwalla terms FBR's audit policy disaster for tax system

Increase in traditional exports to African region urged

China forex reserves fall for sixth month, near $3 trillion level

DAILY JANG

61% area of Karachi is exempted from Loadshedding KE claim


TMA HEAD OFFICE 

DATE: January 07, 2017

DAWN NEWS

FBR received 845,985 tax returns last year

THE NEWS

Non-filers to escape audit on additional tax payment

‘Low credit to private sector hinders economic growth’

Drab government textile policies keep exports in tatters

FPCCI to raise audit concerns with FBR, ministry next week

‘Weaving industry suffering in Pakistan’

Steps urged to improve exports

NBP clears stance at Senate panel Meeting

B RECORDER

Importers' problems to be solved: FPCCI President

Weaving sector's plea to government

SBP, banks urged to reschedule loans

PBIF chief urges government to help revive textile industry

Import stage: FBR concerned over massive misuse of exemption certificates

Quantitative export of finished leather declines 32.72 percent

PCMEA concerned over dollar conversion Rate

Why is CPEC being characterised as 'opaque'?

The culture of tax evasion

Guarantee fund likely for insurance Companies

FBR will submit comments on Punjab''s professional tax proposal

DAILY JANG

Role of import sector is of vital importance in economic development Zubair Tufail

DAILY EXPRESS

Business community’s big body is restricted only to photo session

Zubair Tufail assured to resolve all issues of PCDMA

Noted industrialist Dr. Ishtiq Baig appointed vice president


TMA HEAD OFFICE 

DATE: January 06, 2017

DAWN NEWS

Our poor ministers

Evading tax

NBP performance

Govt plans 10-paisa per unit surcharge to cover Neelum- Jhelum cost overruns

Cotton imports to hit $1.58bn

FBR to audit 93,277 taxpayers

Aptma for growth-led revival strategy

Reserves drop by $122.4m

Telenor to close down 17 sales, service centres

THE NEWS

Three financial czars to be changed this month

Draft of scheme to whiten black money being finalized

Forex reserves down to $23.163bln

FBR penalises Customsagents for not filing returns

Senate body expresses reservation over taxation structure

KCCI not to submit budget proposals

Internet may shutdown for 24 hours in 2017

FPCCI to hold trade fair in Toronto

Smeda successfully completes 16 common facility centres

B RECORDER

The importance of independent directors

SBP proposes issuance of ISBs, tax exemption on NSS

There''s ''way out'' for those who want to come into tax net: Dar

MoF against making PPRA strong

Minister for early finalisation of new company law

Traders, industrialists need to develop expertise in branding: Rabbani

Tax evasion in various sectors needs to be checked, taxmen told

FBR sends list of over 100 taxpayers to field formation

Firpo asks Nawaz to withdraw FBR's discretionary powers

30 percent growth in companies' registration in December

Reserves decline

DAILY JANG

Blue print ready to convert black money into whiten money amnesty scheme

Withholding tax is not being returned to crore of mobile users

3 top men of finance will be changed various names under considerations

Secret of long life is in looking after Grand Children

3650 property deals executed during 26 days Rs 2.9 billion of black money converted into white   

As a protest KCCI will not submit budget proposal this year to federal budget

FBR selected 93772 tax payers for audit 

DAILY EXPRESS

Alarming increase in KE over billing ombudsman court

Shot fall in tax collection of Rs 141 billion mini budget expected

FBR selected 93277 tax payers for audit

Reserves drop by $122.4m

Corruption in TDAP exports decrease instead of Increase

As a protest KCCI will not submit budget proposal this year to federal budget

Tax coordinator will be appointed in all tax offices


TMA HEAD OFFICE 

DATE: January 05, 2017

DAWN NEWS

LHC asks Centre Did cabinet give nod to placing of regulators under ministries?

5,000-rupee note

Tax proposals for budget invited

Pakistan initiates reform under WTO trade facilitation agreement: Dastgir

Internet, social media blackout ‘cost BD $69m’

THE NEWS

Pakistan, UK to strengthen trade ties

Briefing made by Ikhtiar Baig to Senate Committee on Textile

Ishtiaq Baig elected vice president of FPCCI

Why you shouldn't use cotton swabs to clean your ears. 

Amnesty whitens Rs2.7bln property investment, fetches Rs82mln in taxes

B RECORDER

Cases for audit: FBR will convene computer ballot today

Oman Air announces new policy on baggage

TMAP team, SBP governor discuss textile issues

Newly-elected FPCCI VP assumes charge

CAPTA says government cash incentives to hurt genuine exporters

APCAA granted representation on FPCCI's body

Think before you leap

DAILY JANG

P.I.A reduced umrah fare

South Africa is an attractive market for exporters.

Proof not visible in reducing weight by taking diet cold drink research.

New policy 85 thousand tax payers will be selected through balloting for audit to day.

Attempt foiled to incur loss to national chequer through fraud lent invoice.

DAILY EXPRESS

Trade aeactivity will increase If business men gets good atmosphere. Dy mayor.

Investment reduced in China debts increased.

Work Shop on W.T.O facilitation accord.

F.B.R. will select today 93000 cases for tax audit.

South Africa be included in cepec.


TMA HEAD OFFICE 

DATE: January 04, 2017

DAWN NEWS

State Bank report

Cotton output rises 11.7pc

Shortfall in tax collection crosses Rs127bn

Textile industry assured of support

THE NEWS

CPEC one of best economic alliances of world

FBR collects taxes worth Rs382bln

LCCI slams raids on industrial units

FBR to audit returns; exemptions Withdrawn

FPCCI proposes tax amnesty at 2 Percent

Cotton arrivals up 11.7 percent; still off target

B RECORDER

Nepra allows 25 paisa increase in KE November tariff

Audit for TY15: FBR to select cases on basis of risk-based parameters

Hidden assets: 'One-time amnesty scheme' Proposed

Majyd Aziz, Zaki made president, VP of EFP

FBR wing unearths chain of fake or flying Invoices

Some pre-budget challenges

Waiting for Foreign Minister

Clarification sought on governments' powers to tax services under FEA

Consensus still eludes China, Pakistan on FTA expansion

FTA with Thailand: Modalities likely to be finalised by next week

DAILY JANG

Notification issued to reduce electric tariff by Rs 3.60 paisa per unit K-Electric tariff increased by 0.25 paisa per unit 

During 2016 more than 3 lac persons of Karachi got driving license

Finance minister should take notice of unnecessary raid on manufacturing units

Pak-Iran trade agreement could not be finalized

Indian Supreme Court formed 9 members bench to explain word industry 

DAILY EXPRESS

Value added sector opposed exports subsidy demand to reduce cost of doing business

FBR announced new audit policy 2016 after 3 months

Proposal of direct free trade agreement with Iran rejected


TMA HEAD OFFICE 

DATE: January 03, 2017

DAWN NEWS

The economics of CPEC

New system to exchange trade data with China soon

THE NEWS

SC calls NAB facilitator of corruption

Overseas Pakistanis can avail of tax amnesty Law to be amended

Customs develops system to share trade data with China

Aptma seeks duty withdrawal on cotton imports

 T.D.A.P “AD” 

B RECORDER

Government satisfied with economic indicators

FPCCI elections: APCAA greets UBG on victory

FPCCI slams KDLB on 'Go Slow' tactics

Textile package to be announced only after thorough consultations: Bosan

Despite this dismal picture, there is hope

APTMA-SB for withdrawal of 4 percent import duty on raw cotton

Dubai to build MENA''s largest marina

DAILY JANG

Ishaq Dar will himself select 75000 transparent audit cases

CEPEC is the biggest development project of the world

Business community issues will remain on priority P.B.G

Modern and latest system evolved to exchange trade data between Pakistan and China

F.P.C.C.I hold 60th AGM

Tax complaints be deposited in ombudsman office

Steps needed to stabilize export sector Mian Zahid

France is interested to promote trade with Pakistan

DAILY EXPRESS

Pakistan not facing food security problem Sikander Bosan

Traders sustained loss of Rs 300 billion during 2016 Atiq Mir


TMA HEAD OFFICE 

DATE: January 02, 2017

DAWN NEWS

Chambers voice concern at China’s plan to ‘set up industry along CPEC route’

Investment takes a step forward

THE NEWS

B RECORDER

State Bank of India cuts lending rate by 90 bps across maturities

Legislation on benami transactions

One-window refund system can be introduced: FBR

FBR cuts ST on POL products

State Bank report and the untold fiscal Affairs

DAILY JANG

FBR will extend date of filing of tax return for companies

DAILY EXPRESS

Exports decreased by Rs 500 billion dollars is matter of concern Saeed Ghani

Year 2016 was burden on economy trade deficit increased by 26 billion dollar

After increase of Indian cotton price import orders with Africa and America executed


TMA HEAD OFFICE 

DATE: January 01, 2017

DAWN NEWS

No change in petroleum prices

Foreign brands rush to register trademarks

UBG wins FPCCI polls

Dwindling exports worry Aptma

India to continue to regulate cash withdrawals

THE NEWS

SBP’s effective management keeps interbank foreign exchange market calm

Dynamicsof black economy

China to ban ivory trade by end of 2017

IMF reposes confidence in Pak economic reforms

FBR misses revenue target in first half period of 2016-17

Due dates

Govt keeps POL prices unchanged

B RECORDER

Number of return filers up by 50 percent, ECC told

POL products'' prices kept unchanged

Overall exports remained dismal in 2016: APTMA

LCCI felicitates FPCCI's newly-elected body

ICCI congratulates UBG for landslide victory in FPCCI elections

Business community felicitates UBG

DAILY JANG

IMF expressed confidence on economic reforms and stressed for more steps towards money Laundering.

Pakistan will extend all possible help to U.K investors

IMF expressed concern on economic reforms in Pakistan

P.O.L products prices to remain constant.

DAILY EXPRESS

Economic stability is due to record increase in forex reserves. Ishaq Dar.

F.P.C.C.I. new office bearers announced

Without any discrimination I will serve traders and industrialists. Zubair Tufail

U.K. companies expressed more interest in investment.