TMA HEAD OFFICE
DATE: July 31, 2017
DAWN NEWS
Mega gas pipeline project requires ECC, Ogra nod
Committees formed to resolve oil transportation issue, review Ogra regulations
Businesses divided on verdict fallout
Are we heading towards the next IMF programme?
Can a stable monetary policy cover up fiscal ‘indiscipline’?
Economic ministries at a complete standstill
Good, bad and ugly of India’s new national GST journey
THE NEWS
B RECORDER
”Double taxation”: SHC admits petitions for hearing
Business community hails SC’s verdict
Dubai visitor numbers rise over 10 percent
Economy’s performance under Dar
DAILY JANG
DAILY EXPRESS
Increased trade deficit PTA with Indonesia to be cancelled under consideration
Commercial counselors having poor performance not yet removed
38000 refunds of textile sector likely to be deferred disclosed
TMA HEAD OFFICE
DATE: July 30, 2017
DAWN NEWS
‘20 business groups get 30pc of total bank loans’
THE NEWS
Anomalies in tax form likely to delay returns filing in 2017
FPCCI praises PML-N for political maturity
B RECORDER
DAILY JANG
DAILY EXPRESS
Petrol Rs 3.63, Diesel Rs 5.07 likely to be reduced Summary sent
FBR officials issued exemption certificate against law national kitty suffered loss
Court verdict business community expect economic stability
In open market dollar stands at Rs 108 Forex dealers
Business will not be sealed without proof chairman FBR
TMA HEAD OFFICE
DATE: July 28, 2017
DAWN NEWS
Income tax paid by lawmakers fails to match their lifestyle
Regulator says half of fuel tankers fail safety standards
Govt considers slashing utility rates for exporters
Excise, Taxation & Narcotics Control Department government of Sindh
Hijazi ordered closing of sugar mills case, say SECP officials
THE NEWS
Minister Dar vows greater openness in financial matters
FBR withdraws return non-filing cases against service providers
Forex reserves drop to $20.436bln
OGRA says 50pc of fuel tankers fail safety standards
‘Export package to be released within a year and half’
Indian businesses blindsided by unclear sales tax rules
B RECORDER
FBR releases fourth tax directory of MPs
Debt servicing: SBP”s forex reserves plunge by $1.14 billion
Export slide: Senate panel snubs MoC team for inaction
Nine firms to take part in ‘Intertextile Shanghai Home Expo’
Secretary textile assures exporters of resolving issues
‘Tevta is largest institute among Saarc countries’
The downside of dollar borrowing
DAILY JANG
Billgates is no more worlds’ richest man
DAILY EXPRESS
CNG stations announced closure
16% increase in textile exports is a good sign
Garments city paying revenue Rs 5 crore could not get gas
TMA HEAD OFFICE
DATE: July 26, 2017
DAWN NEWS
Govt, oil tanker owners fail to find way out
SECP ordered to audit all foreign companies
Distribution companies told to refund Rs2.23 per unit to consumers
Rs102bn laundered through ‘gift back arrangement’
Profit repatriation rose to $2.1bn in 2016-17
Ishrat warns govt of election-year fiscal challenges
Exporters demand release of withheld funds
SC orders govt to block CNICs, freeze bank accounts of absconders
THE NEWS
Nepra cuts power tariff by Rs2.23 unit for June
Nepra slashes Rs2.23/unit in power tariff
Pakistan, US sign accord to explore trade opportunities
B RECORDER
Discos” consumers: Nepra approves Rs 26 billion refund for June
Oil tankers’ strike continues as negotiations fail
Export packages’ fund not yet disbursed, says KATI
Gas load-shedding: textile sector on the verge of collapse: PHMA
Prime Minister’s Incentive Package: PTEA voices concern over non-release of funds
Economy in the grip of cronyism
DAILY JANG
Slow release of export package fund is a matter of concern president KATI
DAILY EXPRESS
Punjab Govt proposed to put ban on bringing cotton and yarn from out side
Skilled manpower to be prepared for textile sector
Dollar value increased against rupee in inter bank
Slow release of export package fund is a matter of concern president KATI
TMA HEAD OFFICE
DATE: July 21, 2017
DAWN NEWS
Value-added textile exports grow
Former PM Gilani summoned in 25 identical scam cases
THE NEWS
Pakistan loses textile export share in world market by 23pc
Devaluation another hazard for battered Pak market
Forex reserves fall to $20.83bln
Envoy invites US investors to explore Pakistan
B RECORDER
Textile exports: less than modest increase despite PM’s package
UK confirms ambition to increase trade with Pakistan
Pakistan offers favourable environment for US traders: envoy in Washington
Master bill of lading should be a mandatory document for import: Apparel Forum
‘Pak-America bilateral trade witnesses steady upsurge’
Nothing more important than economic future of Pakistan: KATI
Country’s reserves decline to $21 billion mark
DAILY JANG
Forex reserves fall to $20.83bln
A forum will be organized by Jang today on who is responsible for fall of exports
If textile crisis not resolved than import will be reduced further
DAILY EXPRESS
Fall in textile export come to halt
Allowed to prepare statement under old company’s ordinance
Forex reserves fall to $20.83bln
Ministry of commerce will send a delegation to Europe to review GSP+
TMA HEAD OFFICE
DATE: July 17, 2017
DAWN NEWS
IMF for ending inequitable subsidy on electricity tariff
A shock away from economic chaos
Fixed sales tax regime revised upward
WTO vote in Pakistan’s favour will go a long way
The economic impact of rupee depreciation
THE NEWS
Pak GDP in terms of purchasing power parity crosses $1 trillion
Textile sector collapsing slowly: ICST
B RECORDER
GSP Plus status: government may seek support for Continuation
IHC issues notices to Haroon, FBR chief, RTO officials
Real effective exchange rate: IMF warns further appreciation will erode export more
New FBR Member faces challenge to meet collection target
SCCI to hold expos of KP-made products at national & International
DAILY JANG
DAILY EXPRESS
$99 billion trade deficit in present government
Plan of industrial stitching units still not started
Small traders worry about textile structure
Government faces difficulties on free trade against with other countries
To achieve economy target private and government partnership work together
TMA HEAD OFFICE
DATE: July 16, 2017
DAWN NEWS
Facebook turns down govt request over cell phone numbers
FBR chief transfers key officials
THE NEWS
‘Trade mechanism restructuring underway’
A mysterious rupee-dollar seesaw
Pakistan for enhanced cooperation with France, says Zubair
B RECORDER
Macroeconomic indicators positive: GDP 10-year high; forex reserves raised: Dar
55 companies fail to file statement of compliance with SECP
‘No Hajj for Muslims if they oppose Ram Temple’
Export slide: causes and implications – II
Dar tells FBR chief to ensure achievement of revenue target
DAILY JANG
Steps are being taken to resolve tax payers issue Ishaq Dar
DAILY EXPRESS
Australian system to be imposed to detect tax evaders
System to implement plan of verification of invoices to be chalked out
Lac of refund to thousands of industrialists made
TMA HEAD OFFICE
DATE: July 12, 2017
DAWN NEWS
KE prepares for crucial hearing
Trade deficit widens by 37pc to $32.5bn
Ogra, PC oppose deregulation of diesel prices
India’s SC suspends ban on trade in cattle for slaughter
THE NEWS
June exports increase to $1.912bln as traders swoop on rebates
Chinese firms keen to develop special economic zones
Advanced gas turbines can cut inefficiencies, cost for local industry
FBR urged to ease import duties
B RECORDER
Government delays LNG deliveries
Money laundering: notices issued to businessmen, others
Trade deficit up by 36.32 percent in 2016-17
SBP analyses decline in textile exports
MCCI chief urges uniform trade policy for textile, non-textile Sectors
Moot on ‘Ino Cotton Grow Initiatives’ opens at NTU
Chinese delegation discusses industrial cooperation, CPEC Projects
Sindh governor to discuss tax-related issues with Prime Minister
Significant amendments to provincial Sales Tax Act
The financial stability imperative
APBF urges government to check surge of dollar against PKR
DAILY JANG
In interbank dollar value reduced by 0.9 paisa in comparison to rupees
U.K’s cooperation in Pakistan’s various sectors is appreciable
Customs agent’s role in country’s economy is very important Tariq Pasha
Cotton market official sport rate of cotton is on rising trend
Funds has been released for development of industrial area Jam Khan Shooro
In foreign investment role of commercial counselors is important Amir Ata Bajwa
DAILY EXPRESS
Rush of customers at KE office for rectification of bills
Trade deficit widens by 37pc to $32.5bn
Lahore chamber expressed concern on increased loans
Designated commercial counselor for European cities visited federation
Production of cotton likely to be less than the target in current year also
Stressed to reduce tax from 70% to 30 % on import
PIAF demands govt to reduce electric tariff and release of all refunds immediately
TMA HEAD OFFICE
DATE: July 10, 2017
DAWN NEWS
Investigation ordered into rupee depreciation
Has business community adapted to uncertainty?
Devaluation ‘is not the answer’
Will the revised trade policy work?
Understanding Companies Act 2017
Letter from Mumbai: India’s tax overhaul stirs hope and frustration
THE NEWS
FPCCI lauds government’s LNG policy
B RECORDER
SBP governor asked to initiate inquiry into rupee plunge
FPCCI lauds government’s LNG policy
Mineral water can be calorie-free calcium source
On textile and market linkages
Export slide: causes and implications – I
DAILY JANG
Increase in dollar price Governor SBP asked to submit report within 10 days
Trade deficit reached at its historical stage of 32 billion dollar
DAILY EXPRESS
Decline in exports govt decided to take action against trade officer at abroad
Concerned expressed on enhancement of sales tax on local sales of garments
Energy crisis reduced due to LNG policy Atif Ikram
SECP called cargo agents and exporters on high freight charges
Stressed to increase duties to overcome trade deficit
Govt should make amendments in FBR rules SM Muneer
Zubair Tufail felicitation Tariq Pasha on appointment of Chairman FBR
FPCCI failed in resolving businessmen issues
TMA HEAD OFFICE
DATE: July 09, 2017
DAWN NEWS
LCCI voices concern for local industries
Dar reviews budget implementation
THE NEWS
FBR withdraws 2pc ST on lubricant oil supplies
SECP asks listed firms to appoint women directors
LCCI demands local reps in CPEC
B RECORDER
Condonation of time limits: registered persons, taxmen allowed
FBR chief urged to widen tax net
FPCCI president felicitates Tariq Bajwa
Pakistan can double its exports by exploiting Chinese markets: FCCI
Memorandum on the Companies Act, 2017 – III
DAILY JANG
In interbank market dollar is costly Rs 1.40 paisa
DAILY EXPRESS
PM called meeting on issues of textile sector
Lady Director in companies will be double during 3 years
Ministry of industries could not start important development projects
TMA HEAD OFFICE
DATE: July 06, 2017
DAWN NEWS
Rupee falls sharply against dollar
Pakistan, China agree to adopt uniform commercial codes
Current account deficit revised up by $1.7bn
Record volume of cargo handled at Karachi Port
Laptop ban on US flights from Dubai, Istanbul ends
Legal notice served on Sepa over controversial ‘public hearings’
THE NEWS
Rupee sheds 3.1pc to hit four-year low of Rs108.25 against dollar
FBR issues Rs8.2bln tax recovery notice to SSGC
Pak-Iran FTA talks from July 10
FPCCI president leaves for Tajikistan
Chinese trade team due on July 10
B RECORDER
Rupee falls in likely devaluation
SBP says fall to address external pressures, help economy
Meeting today: Dar slams ‘artificial’ drop
Dar invites Canadian investors to explore business opportunities
KPT handles record 52.49m tons of cargo in 2016- 17
Investable funds moving towards unproductive sectors: PBIF
Consultative session on CPEC’s SEZs held at LCCI
FCCI hails appointment of FBR chairman
Cotton versus sugarcane output
When things don’t work, regulate
Trade, energy & defence sectors: Pakistan, Tajikistan agree to focus on all avenues
SBP revises external sector statistics
NTC again becomes ‘dysfunctional’
DAILY JANG
E.P.Z achived this year export volue of more than 11%
Genius persons live longer research
Date extend up to 30th September for bank transaction of non filers of 0.4%
DAILY EXPRESS
Uncertainity situation on dollar have wings stands at Rs.109.10 Dar took serious notice
S.B.P declared positive step of appreciation of rupee
New record setup at Karachi port of handling containers
T.D.A.P board is ineffective for the last 15 months.
Proposal to setup automatic transparent system in FBR to stop tax evasion
TMA HEAD OFFICE
DATE: July 05, 2017
DAWN NEWS
Chinese experts to visit Special Economic Zone sites
Refund payments to start on 10th
Bangladesh ends search for survivors as factory blast toll hits 13
THE NEWS
‘Industrial progress under CPEC not to harm local industries’
Banks asked to report forex transactions under new codes
Pakistan’s import duties 4 times higher than global average
CPEC all set to steal spotlight at Saarc summit
FBR extends 0.4pc WHT timeline
LCCI pins hopes on new FBR chief
B RECORDER
Banking transactions of non-filers: FBR to charge 0.4 percent WHT up to September 30
Seed cotton Textile Ministry proposes Rs 3,000 support price
Development of SEZs under CPEC reviewed
Gas supply suspended to industry, CNG stations across Punjab
Process of tax refunds to small industries should be expedited: President
FPCCI to convene country’s biggest trade fair in October
Lasbela Chamber chief opposes further electricity surcharge
SC issues notice to TDAP secretary over restoration
Tariq Mahmood Pasha assumes charge of FBR chairman
Solar panels exempted from duties till June 30, 2018
DAILY JANG
FPCCI announced to hold Pakistan international trade fair
Zubiar Tufail will accompany PM to Tajikistan today
Reports sought on water treatment plant and cleanness of sea
Tariq Pasha Chairman FBR hold meetings with officers after assuming office
DAILY EXPRESS
Submission of tax dues via on line experiment begins
Banking transactions of non-filers: FBR to charge 0.4 percent WHT up to September 30
FPCCI announced to hold Pakistan international trade fair
Textile board meeting under the chairmanship of PM expected
Consultation on new trade policy will begin from next week
All protection will be given to local industries
TMA HEAD OFFICE
DATE: July 04, 2017
DAWN NEWS
Dar’s trusted aide appointed FBR chief
Foreign firms sent home $1.9bn in July-May
Collection by excise dept increases 21pc
SBP to bring repo rate close to policy rate
US lifts laptop restriction for flights from Abu Dhabi
Eight dead in BD factory blast
THE NEWS
Tariq Pasha appointed FBR chairman
Pakistan Embassy in US served tax notice
Labour unions throw their weight behind Saeed Ghani
B RECORDER
Rs180bn package fails to arrest export slide
FTA 2006: China urged to restore margin of preference
Tariq Mahmood Pasha made FBR chief
LPG-Air mix plants in Sindh, Balochistan: SSGC briefs minister about progress
FBR issues customs related notifications
Eight dead in Bangladesh garment factory blast
Sindh E&T deptt makes 108pc tax recovery in 2016-17
PTEA for continuation of duty drawback of taxes incentive
All policies should be focused on country’s economic revival: LCCI
MCCI criticises FBR for missing revenue targets
Businessmen’s convention on 6th
SBP’s thoughts on weak exports
Ministry needs to build ‘institutional capacity’: PBC
DAILY JANG
Tariq Mehmood Pasha appointed chairman F.B.R
Installation of air mix plants federal petroleum minister briefed
Pakistan South Africa business forum called on Pakistan’s high commissioner
Attached and freezed bank accounts of exporters be restored.
Parking fees at Jinnah terminal increased silently
Tax on more than 1800 cc vehicles reduced duty on imported fabrics enhanced
Notice served on Pakistan’s embassy at Washington to pay 70000 dollar tax
F.B.R issued notification of custom duty on more than 3000 item
DAILY EXPRESS
Air Port car parking fees fixed at Rs.90/-
Promotion on ties in textile sector chineese delegation arrives.
Land offerred to establish 3 air mix plants in Balochistan.
TMA HEAD OFFICE
DATE: July 03, 2017
DAWN NEWS
House of cards starts to tumble
The commerce Ministry has decided
THE NEWS
“AD” Securities and Exchange Commission of Pakistan
B RECORDER
Government cashes in on global oil price decline
Textile imports/exports: Ministry mulling proposing 0.20 percent cess
Plea to appoint marketing personnel as commercial attaché
Non-payment of refunds posing threat to export sector: FPCCI
Genuine improvement in economy still elusive
KATI president demands one window service
DAILY JANG
DAILY EXPRESS
Expressed concern on failure of achieving revenue target
PRGEMA and Chines chamber decided to increase trade
Applications invited for Inter Textile Shanghai
Access to bank account should be last resort Nasir Hameed
Enhanced trade deficit is dangerous for economy Atif Shaikh
Commercial bank and DFIS will remain close today
40% notable increased in import of machinery between May to July
1.88 billion dollar profit remitted abroad in last fiscal year
TMA HEAD OFFICE
DATE: July 02, 2017
DAWN NEWS
‘Emerging Pakistan’ aims to woo Londoners
Govt appoints Rehmatullah as FBR acting chief
US investors wary of inconsistent policies
India launches new single nationwide tax amid confusion
THE NEWS
Pak branding on London buses project ‘beautiful culture’
Foreign firms send $1.884bln home in 11 months
Customs South surpasses revenue collection target for 2016/17
SRB blocks taxpayers’ registration for non-compliance
India launches tax revolution amid business doubts
‘CNG prices cut due to declining trend in global market’
Oppressive taxes, brutal spending
B RECORDER
ST notifications issued to implement budgetary steps
India’s border guards cross into China’s territory to stop road Building
Dar asks FBR officials to expedite tax collection process
KCCI attributes colossal losses to long bank holidays
Tax on undistributed profit of companies: Need for review and change – II
‘CNG prices slashed by Rs2.5/litre for Punjab & Islamabad’
MCC surpasses revenue target by Rs38.31bn
DAILY JANG
Foreign inverters send 1 billion 88 crore dollar abroad earned in Pakistan
Businessmen convention under the Auspices of FPCCI will be held on 6th July
Customs appraisement south cross the revenue target of 1 trillion
DAILY EXPRESS
Garments textile leather steel products becomes expensive
GST imposed in India industries gone on strike
Demand to reduce pol price according to international market
Customs appraisement south collected record revenue collection of Rs 1060 billion
FBR loss of rs 121 billion in revised revenue target
BMG held responsible public for tariff jam
Govt will soon establish Exim bank Faisalabad chamber optimistic
FPCCI Lahore announced business convention on 6th July
TMA HEAD OFFICE
DATE: July 01, 2017
DAWN NEWS
Fiscal, C/A balances must be kept at sustainable levels: SBP
Rain slows down trade, industrial activities in Karachi
SRB collection jumps 28pc to Rs78bn
Several UK banks stop selling Qatar riyals
Meagre cut in petrol, diesel prices
THE NEWS
Haj flight operations to start from July 25
Govt reduces petrol, diesel prices by Rs1.5 per litre
Weak exports, tax revenue risk to economic growth: SBP
FBR recovers Rs52 billion through tax audits
Third party scrutiny must to curb tax evasion across industries
B RECORDER
Prices of petrol, HSD slashed by Rs 1.5 per litre
SBP links higher growth prospects to increased activities
Central bank for regulatory measures to slash imports
Industrial sector’s constrained performance fails 5.7 percent GDP growth target: SBP
LCCI for more trade with Australia
Experts criticise FBR for adding more staff instead of improving performance
‘EXIM Bank Pakistan will play major role in enhancing exports’
PHMA voices concern over constant decline in textile exports
DAILY JANG
Price of petrol and diesel reduced by Rs 1.50 kerosine oil and light diesel price remain constant
FBR achieved actual annual revenue target of Rs 3421 billion
National economy stands stable regime of speedy progress begins
Notable increase in Pak-France trade and investment will be made
Import price of LPG reduced by Rs 3100/ per ton in Pakistan
One window service be introduced to overcome industrial issues
DAILY EXPRESS
Govt establish 10 LPG air mix plant decision taken
Keen to increase trade between Pakistan –Australia Nayla Chohan
Govt should resolve exporter’s problems vice president FPCCI
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