TMA HEAD OFFICE
DATE: 2016 May 31
DAWN NEWS
Nisar approves plan for re-verification of CNICs
Govt to increase WHT rates for non-filers of Tax
Strike shuts down all Punjab dry ports
Budget to make little impact on banks, property, currency sectors
Exporters cheer zero-rating status
SECP amends rules to limit corporate disputes
THE NEWS
NEC Approves Budget Through Video Link
Nisar Okays Initial Report On Reverification of CNICs Of 25m Families
Russia-Pakistan To Increase Exports
B RECORDER
ST paid against provincial services: Finance bill to disallow input tax Adjustment
KATI chief for exempting machineries, raw materials from taxes
Industries to face power shutdown for almost nine hours in Ramazan
APTMA welcomes reintroduction of zerorated Regime
Muneer-led team holds meeting with Russian businessmen
SECP amends rules to minimise corporate Disputes
CNIC re-verification task: Nisar gives assent to initial report
DAILY JANG
Severe water crisis in Pakistan in next 10 years acute drought is expected
Decision welcomed for re-introducing zero rating system for textile sector
FBR endorsed demand of industrial association
During Ramazan electricity will not be provided to industries
DAILY EXPRESS
APTMA welcomed resuming zero rated for textile sector
TMA HEAD OFFICE
DATE: 2016 May 30
DAWN NEWS
“AD” Pakistan Textile Exporters Association
Investments may attract incentives
Is there a need for a new export-oriented model?
Misplaced optimism surrounds monetary policy review
THE NEWS
Govt Sets Rs160 Billion Additional Revenue Target
B RECORDER
Various services: 16 percent FED likely to be withdrawn
Five export-oriented sectors: government decides to apply sales tax at zero-percent rate
FBR asked to implement provisions of FIO: President endorses FTO order
Issuance of electronic invoicing: FBR contemplating to take special measures
Policymakers must pay attention to these tax experts
DAILY JANG
Volume of federal budget likely to be of Rs 4454 Billion
Textile sector will be given incentives on exports
List of 10 worlds prosperous countries announced Pakistan ranks at 130
Finance Minister decided to make 5 export sectors zero rated
FBR has collected during 10 months 28 days record revenue of Rs 5291 billion
DAILY EXPRESS
Income tax will be increased on non-filers
All possible facilities will be given to textile sector in budget
0% sales tax on textile zero rated sector in budget
Revivification of CNIC suspected person have to be present before NADRA board
Cotton prices on higher side in international market
TMA HEAD OFFICE
DATE: 2016 May 29
THE NEWS
Pakistani Owners Of Foreign assets Have To Declare Investments
Budget Announcement May Be Delayed
84 Cases Registered Against TDAP, Gilani And Others, SHC Told
Govt Likely To Contain Budget Deficit At 4pc In 2016/17
FBR To Unveil Rules To Check Counterfeits’ Trade
Better Human Resource More important Than Natural Resources
German-Pak Chamber Of Commerce and Industry Inaugurated
B RECORDER
Budget 2016-17: FBR proposes new GST regime for tier-1 retailers
FBR seeks to levy 15 percent FED on above 2700cc cars
0.9 percent tax on imports: value-added textile industry criticises PRA
Government urged to set up sector-specific autonomous export promotion companies
Ramazan office timings announced
Budget 2016-17: incentives on LED lights and solar panels likely
FCCI chief seeks proactive role of trade bodies towards solving problems
DAILY JANG
Pakistans have to disclose investment made abroad
Export target likely to be fixed at 24 billion 80 crore dollar
Autonomous bodies are formed to achieve 100 billion dollar exports
Textile sector obtained more loans from bank than govt
Exports polices to be farmed accounting to need of traders and industrialist
US dollar value reduced to Rs 105.40 from Rs 106/-
DAILY EXPRESS
Non-filers of tax will face strict action in budget
To end crimes from Karachi we well go up last level
TMA HEAD OFFICE
DATE: 2016 May 28
DAWN NEWS
Senate body to debate TRC report
Proposal to tax retirement funds opposed
Exporters slam FBR proposal for selective zero-rating
THE NEWS
German Pakistan Chambers Of Commerce And Industry Inaugurated
FPCCI To Move Court Against EOBI Notices
Tax Notions Of ‘fair’ Businessmen
SBP Governor Stresses Cyber Security Importance
Overseas Investors Demand Refunds
SCCI Suggests Taxing Agri, Property
Cyber Firms Say Bangladesh Hackers Have Attacked Other Asian Banks
B RECORDER
Budget 2016-17: FBR proposes to withdraw a host of exemptions
FBR forced to slap tax on education aids: Annual cost of GST exemptions stands at Rs 208 billion
All Collectorates must apply DG Valuation's rulings: FPCCI
Declare real estate sector industry, LCCI asks government
Zero-rated tax regime: export sectors accuse FBR of defying PM's directive
Forex reserves hit record $21.6 billion Mark
India and Pakistan to ease visa procedures for citizens
Dar for completion of budget-related Exercise
DAILY JANG
DAILY EXPRESS
New tax slab likely to be introduced for salaried class
Govt achievements surprised economic experts Rauf Alam
Economic development not possible without country’s economic stability
TMA HEAD OFFICE
DATE: 2016 May 27
DAWN NEWS
Tariff for Discos cut by Rs3.95
Govt initiated Rs800bn gas projects: Khaqan
Foreign firms repatriated $1.5bn in July-April
‘Industry cannot bear more taxes’
Germany to support textile industry
Baldia factory fire: ILO mission to review compensation process soon
THE NEWS
Electricity Consumers To Pay Additional Rs70 Bn In Four Years
World’s Largest Hotel With 10,000 Rooms To Open In Makkah Next Year
Dar Expresses Concern Over Low Cotton Production
CNG To Be Kept Cheaper Than Petrol: Khaqan Abbasi
Foreign Firms Repatriate $1.45bln Profits In July-April
Clothing Brands Must Help Ensure Asian Garment Workers Get A Living Wage
Bridging The Skill Gap Essential For Entrepreneurs
B RECORDER
Third Decent Work Country Programme Inked
Senate body told China to make massive Investment
Nepra approves refund of Rs 3.94 per unit for April
Punjab government launches e-stamp Paper
Bank levy: taxation system nearing collapse, small traders say
Textile sector team to meet FBR officials
Renewable energy: Pak-German forum aims at connecting: stakeholders: envoy
Foreign currency limit: airports asked to educate passengers
Industry can't bear more taxes: KATI chief
Payers' confidence, simplification of tax payment system top priorities'
'Indonesia wants to extend maximum facilities to Pakistani traders'
Vitamins/minerals, cottage industry, old clothes: government to announce relief measures in budget
Dar orders probe into shortfall in cotton Crop
Textile exports: Readymade garments lead the way
DAILY JANG
Big notes are not available with large banks
Notices issued by SRB to industries to be made stopped
FBR aggress to introduce advance ruling system
World largest hotel consisting of 45 storied to be inaugurated next year in Mecca
DAILY EXPRESS
5% tax to be enhanced on textile sector proposed
Tax on sale and purchase of property in Punjab decision taken
Govt should bring acceptable reforms in tax
TMA HEAD OFFICE
DATE: 2016 May 26
DAWN NEWS
SBP files plea against contempt notices in money laundering case
Growth target may be cut to 5.7pc
Expected taxation measures termed ‘retrogressive’
Exporters want payment of held-up refunds
‘SME-specific research must for economic growth’
THE NEWS
Re-verification Of All CNICs Ordered
Trade Body To Promote Pak-China Trade
Budget To Be Growth-oriented, Says Adviser
Cleaner Production To Save Money, Energy
Indian Banks Still Resisting Rate Cuts
B RECORDER
Budget FY17: government mulling taking various tax measures
Duplication of taxes: 16 percent FED on banking services may be abolished
FBR can't take action against those named in Leaks: chairman
The case of remittances from the US
Surplus power and gas to be available to consumers in 2 years: Khaqan
PCICL and TDAP discuss trade, investment opportunities
PYMA chief lauds 25bps cut in policy rate
Imported consignments: customs told to accept certificates issued by valid PSI companies
FBR urged to avoid anti-business steps in Budget
LCCI urges FBR to stop attaching business Accounts
Zero-rated regime: export sectors threaten to launch agitation
Banking industry''s NPLs up by Rs 13 billion in QICY16
DAILY JANG
Finance minister will announce cancellation of dozen of concessionary SROs on 3rd June
Restriction imposed on construction of portions in bungalows
Finance Mister will give final touch to tax measures in budget today
DAILY EXPRESS
NADRA ordered to recertify CNIC passports
Withholding tax likely to increase by 10% flat
Electric tariff likely to be reduced by Rs 3.41per unit NEPRA will hold hearing
Govt claimed taking out country from crisis and improvement in country economy
Trackers and identification chips to be made mandatory on bonded cariers
Discrimination with Karachis traders and industrialist to be stopped
Refunds value added sector warned protest for refunds
TMA HEAD OFFICE
DATE: 2016 May 25
DAWN NEWS
SECP reduces company formation fee to encourage corporatization
SBP moves to limit abuse ofremittanceboosting Scheme
Chemical importers for level-playing field
SHC orders travel ban on HCCI chief
THE NEWS
Businesses In Karachi, Punjab Should be Closed Down Early: Asif
Cost Excellence Must For Business In Gloomy Economy
State Bank Amends Rules For Remittance Fees Reimbursement
Pakistan Trade Caravan Makes Final Stopover At Dushanbe
Govt Urged To Avoid Imposition Of New Taxes
B RECORDER
Home remittances: new guidelines on reimbursement of TT charges unveiled
FCCI urges Punjab government to become voice of industrialists
Textile sectors express concern over FBR's Proposal
Budget 2016-17: LCCI urges government to avoid introducing new taxes
Import of laptops: fixation of duties, taxes to help raise ST collection
Number of mobile phone users reach 132.65 million
Import of raw material: PBIF chief seeks withdrawal of ST
DAILY JANG
Special package will be given for development of industries in next budget Haroon Akhtar
Russian President Chamber meets chairperson SBI
Existence of non-filers would be made miserable in next budget
DAILY EXPRESS
16% excise duty expected to believed on lubricants air conditioner and cosmetics
2.9% increase expected in per capital income in current fiscal Year
TMA HEAD OFFICE
DATE: 2016 May 24
DAWN NEWS
Exports of textile, clothing edge lower
Fixed tax for builders and developers to generate Rs25bn
Dollar surpasses Rs106 in open market after three months
THE NEWS
Dar Shoots Down FBR’s Tax Proposals
Tax Authorities To Improve Clearance System
Nepra Approves 12.2 Paisas/kWh Reduction For KEL Consumers
Duty, Tax Exemptions Proposed On Cotton Import
Policy Rate Cut To Undermine Banking Profitability
Per Capita Income Up 2.9pc To $1,561 In 2015/16
Exporters Launch Protest Against Likely Sale Tax Hike
B RECORDER
LCCI urges FBR to stop issuing undue notices to traders
APTMA urges government to take steps towards boosting exports
Calculation of claim be revised: Trade bodies demand withdrawal of SBP circular
APBF backs SBP policy rate cut
July-April textile exports decline YoY
Nepra may approve refund of Rs 3.42/unit for April
Businesspeople hail cut in policy rate
Workshop on budget reporting held at KCCI
DAILY JANG
Sindh Govt will take over charge from federal govt of EOBI
Exhibition begins at Riyadh under the auspices of OIC
Tax judiciary should be formed to address grievance
Local manufactures are bent up on to destroy SMES
Rs 3.41 Paisa likely to be reduced in electric tariff through fuel adjustment
DAILY EXPRESS
Rs 3.41 Paisa likely to be reduced in electric tariff through fuel adjustment
Textile exports decreased by 7.72% during July-April
Protest on enchantment of price of polyester Yarn
Business community welcomed cut in interest rate
TMA HEAD OFFICE
DATE: 2016 May 23
DAWN NEWS
“AD” All Pakistan Textile Mills Association
‘Devolution without delegation’
Uninvited guests at company annual general Meetings
THE NEWS
Written-off Loans To Be Retrieved: Dar
China Eager To Support Underdeveloped Countries: FPCCI
Govt To Recover Written-off Loans: Dar
Forex Reserves Were Understated In Musharraf Era
B RECORDER
Revenue-expenditure projections: Dar asked to make adjustments
FTA-hit domestic industry: MoI&P opposes withdrawal of tariff concessions
Dar directs SBP, FBR, SECP to take steps towards stopping illegal outflows
Silent heart attacks strike more men but kill more women
Pakistan at a good stage to enter branded textile market: CEO, MAS Brands
FBR taking measures to remove deficiencies in laws: spokesman
DAILY JANG
Countrys economy positive sign
FBR facing challenge to collect 565 billion tax 39 days
DAILY EXPRESS
New monetary policy and countrys economy
Demands to abolish duty and takes on raw material
TMA HEAD OFFICE
DATE: 2016 May 22
DAWN NEWS
SBP cuts policy rate to 40-year low as growth target missed
Policy rate cut catches stakeholders off guard
Pakistan yet to benefit from Russia’s pivot to Asia as trade falters: report
THE NEWS
Govt Gets Rs65 Bn From Power Consumers By Imposing Surcharges, Says Nepra
Pakistan, China May Restart Talks On FTA-II In July
SBP Cuts Policy Rate To 5.75 Percent To Spur Growth
Textile Exports Fall 7.72pc To $10.4bln
Businessmen Perturbed Over Likely Increase In Minimum Wages
B RECORDER
Policy rate cut by 25 basis points on improved conditions
No room for any segment to avoid taxes: Dar
SAI demands water in accordance with 2014 agreement
Losses suffered in arson attack on textile mill: SECP tells Registrar to present winding up petition
Made-up textile, leather items: FBR mulling charging maximum retail price
DAILY JANG
DAILY EXPRESS
Pakistan products displayed in exhibition at Bishkek under TDAP umbrella
TMA HEAD OFFICE
DATE: 2016 May 21
DAWN NEWS
Pakistan misses economic growth target
Sui gas field’s lease extended at higher price
Three-day CNG stations closure in Sindh Slammed
THE NEWS
Current Account Deficit Narrows To $1.52 Billion In July-April
SBP Set To Keep Policy Rate On Hold Despite High Inflation
Economic Planners Asked To Avoid Raise In Duties
FBR Withdraws Zero-rating Facility
B RECORDER
Growth target missed by 0.8 percent on agriculture woes
GST on mobile phones may be doubled
Karachi readies graves, hospitals, in case heat wave hits again
RD on materials not being manufactured locally may be withdrawn
LCCI underscores need for discouraging illegal trade of goods
Forex reserves hit all-time high
Decision to impose ST on food items Criticized
Ramazan likely to begin from June 7
Pensioners EOBI to launch ATM cards from August
DAILY JANG
List from 1990 to 2000 of loan waivers is ready
Notice taken in construction delay of capital office building of FPCCI
Forex reserves hit all-time high
FBR has to achieve target of 576 billion tax within 6 weeks of current financial year
FBR has collected under super tax worth Rs 1 billion
DAILY EXPRESS
Rs 288 Billion taxes likely to be imposed in next budget
Monetary Policy to be announced today
Demand to abolish CESS on CNG in Sindh as well
Due to double taxation dollar become costlier by 0.35 paisa
Notice taken in construction delay of capital office building of FPCCI
TMA HEAD OFFICE
DATE: 2016 May 20
DAWN NEWS
Lawmakers demand a 450pc raise
Forex reserves touch an all-time high of $21.3bn
Aptma opposes demand for Indian cotton import ban
THE NEWS
Pakistan To Issue Biometric Passports To Halt Human Trafficking
FPCCI Urges Finance Ministry To Cut Sales Tax
Aptma Rejects Demand To Stop Cotton Import From India
Forex Reserves Reach Record High
FBR Urged To Focus On Broadening Tax Base, Structural Reforms
B RECORDER
Rs 3.6 trillion revenue target fixed for Fiscal Year 2017
Status of EOBI: SC seeks report from Centre, provinces
Bill on investment, development of industries passed
PHMA rejects calculation method for revising DLTL
LCCI concerned over delay in clearance of refund claims
Gilani to be indicted in TDAP corruption case on June 23
Sindh cities: KCCI for using federal formula for judicious budgetary allocations
ACCA proposes single-digit sales tax
APTMA rejects ban on import of cotton from India
Sindh Minimum Wages Act: body to oversee implementation: Solangi
FBR serves notice on banker for concealing information
MPS tomorrow: key policy rate may remain unchanged
DAILY JANG
POL products prices likely to be raised by Rs 5.75 from 1st June
Form PM granted bail in TDAP scandal
FBR stopped to visit business premises of tax defaulters
Forex Reserves Reach Record High
DAILY EXPRESS
Forex Reserves Reach Record High
CNG prices likely to be reduced by Rs 2.04 per kilo in Sindh
MP to be announced tomorrow
TMA HEAD OFFICE
DATE: 2016 May 19
DAWN NEWS
Laws regulating flow of foreign exchange to be Improved
E-portal for electricity connections
THE NEWS
Govt Engages WB To Make Bleeding Gas Companies Efficient
FPCCI Calls For Joint Ventures With China
Govt Urged To Establish E-portal For New Power Connections
IPR Suggests Criminalising Nonfiling Of Tax Returns
B RECORDER
Government likely to miss growth target
Laws regulating inflow, outflow of foreign exchange: Dar, others review proposals
Spade work for budget completed: Dar Informed
LCCI urges government to establish eportal for new power connections
APTMA urges MoC to clear cotton consignments lying at Wagha border
Shanghai businessmen visit FPCCI
IPR proposes government to toughen penalty for tax evasion
Budget 2016-17: rate of FED on above 2700cc cars may be doubled
DAILY JANG
Foreign direct investment in Pakistan increased by 4.5%
Illegal transfer of capital system to be imposed to detect tax evasion
Cheap energy to industries be provided tax on bonus share be abolished
UBG has practically took step to solve problems of business community
FBR to impose electronic mechanism of manufacturing
DAILY EXPRESS
Import of cotton from India should be stopped immediately
Trying to increase cotton production
TMA HEAD OFFICE
DATE: 2016 May 18
DAWN NEWS
Amnesty scheme quietly shelved
Industrial output grew 4.7pc in nine months
Tanners seek removal of customs duty on raw material imports
Inconsistent policies led to economic instability: Ahsan
FDI crossed $1bn in July-April
TDAP trade caravan reaches Bishkek
THE NEWS
Chinese Investment Increases 152pc To $550mln In July-April
Arif Habib Calls For Reduction In Tax On REITs
LSM Grows 4.7 Percent In Nine Months
FPCCI Demands Better Regulations, Tax Break for Banks In Budget
DLTL Exchange Rate Revision To Delay Refunds: Prgmea
Double Taxation Hampering Economic Growth
B RECORDER
Provident fund: SECP imposes limit for investment in shares, schemes
Taxation laws: government urged to replace four-tier appeal system
Budget mustn't spell out any new tax: PIAF
FPCCI seeks improved tax structure, relaxation to banking companies
Ebad gives his assent to Sindh Companies Profits (Workers' Participation) Bill
Economy: Have we turned the corner?
July-April FDI exceeds $1 billion mark
DAILY JANG
Ebad gives his assent to Sindh Companies Profits Workers Participation Bill
Executive passport center passport office to be established in district central
DAILY EXPRESS
Ebad gives his assent to Sindh Companies Profits Workers Participation Bill
July-April FDI exceeds $1 billion mark
FPCCI demands reduced tax to banking sector
Gas is being provided to industries in good proportion
Industrial output grew 4.7pc in nine months
TMA HEAD OFFICE
DATE: 2016 May 17
DAWN NEWS
SBP introduces Mobile Banking Interoperability Regulations
Aptma chief laments govt’s ‘indifference’
11 HCCI members obtain pre-arrest bail
THE NEWS
FPCCI Concerned Over Traders’ Arrest
Aptma Chairman Urges Govt To Resolve Textile Industry Concerns
B RECORDER
Recovery notices by banks: SBP suggests standard procedure, timeline for compliance
Budget 2016-17: government should revisit all policies for improved growth: LCCI chief
Many sectors: PBIF chief for introducing flat rate of tax
APTMA chief urges government to restore industry's viability
39 companies involved in paper/fake transactions unearthed
Budget proposals: Tax concession proposals for IBIs, MFBs must be considered: SBP
DAILY JANG
Tax system should be made simple in next budget
FBR has made achieving tax target matter of life and death
DAILY EXPRESS
Taxable income ceiling likely to be increased up to Rs 5 lacs
TMA HEAD OFFICE
DATE: 2016 May 16
DAWN NEWS
Promise of a business-friendly budget
New credit rules for under-served SMEs
THE NEWS
Govt Introducing 2pc Fixed Tax To Bring Retailers Into Tax Net
B RECORDER
“AD” Pakistan Textile Exporters Association
Budget 2016-17: FED on many items to be Restored
Harassment of Industrialists must stop
India eases red tape but foreign firms still Struggle
FBR negligence costs exchequer millions
SECP terms AGM an important statutory Event
President confirms FTO order on minimum tax issue
DAILY EXPRESS
LCCI demands protection to industries
TMA HEAD OFFICE
DATE: 2016 May 15
THE NEWS
Finished Goods Only Viable Solution To Boost Exports
FPCCI Advocates For Raise In Taxto- GDP Ratio
‘More Incentives For Industry In Budget Under Consideration’
B RECORDER
Budget 2016-17: government decides to implement short-term recommendations of TRC
Traders help HCCI chief avert arrest by NAB
Bangladesh capturing Pakistan's export share: PRGMEA seeks increased government Support
PBIF chief spells out key reason behind fall in exports
Rangers to increase patrol in industrial Areas
LCCI urges government to end double taxation, harassment by taxmen
Economic zones should be set up for strengthening industrial base: PIAF
DAILY EXPRESS
Renewal of arm license and E-Passport is good decision
More incentives for industries likely in budget
Differences amongst SAARC countries on sensitive list still exists
Survey regarding problems faced by laborers in Sindh will start from tomorrow
Garment sector demands necessary steps for its restoration
Industrial associations reject 14% sales tax
TMA HEAD OFFICE
DATE: 2016 May 14
DAWN NEWS
Six-month extension in revalidation of manual arms licences approved
India announces new trademark, patent policy amid global pressure
THE NEWS
Pakistan Doesn’t Need New Bailout Package, IMF Told
Govt To Slap New Tax On Construction Sector In Next Budget
Gas Load Shedding To Dent Exports
India Announces New Trademark, Patent Policy
FPCCI Body Calls For Achievement Awards To Industrialists
B RECORDER
'FBR committed to removing duplications of ST/FED'
Manual arms licenses: six-month extension in re-validation
DG Valuation apprised of issues pertaining to rulings
Outstanding dues: KCCI making efforts to resolve issue pertaining to EOBI's demand
Import and export procedures: SMEDA organises training programme
9,020 returns filed, Rs 850 million deposited under VTCS: NA informed
Suspension of gas supply: industrialists criticise SSGC's decision
Income tax return filing: no new individual required to fulfil process of registration: FBR
India announces new trademark, patent policy amid global pressure
Balance sheet, PLS account: SECP tells non-listed companies, NPOs to follow accounting standards
DAILY JANG
Karachi is economic backbone laborious Urdu speaking is an asset GD Rangers Sindh
14% sales tax levied by Sindh revenue board on industries is not acceptable
DAILY EXPRESS
DLTL formula revised payment likely to be stopped
TMA HEAD OFFICE
DATE: 2016 May 13
DAWN NEWS
IMF to provide $510m aid tranche
ICAP urges steps to promote tax compliance Culture
US for stronger economic relations with Pakistan
INT’L SOURCING EXPO (ISEA) MELBOURNE- AUSTRALIA NOVEMBER 15-17, 2016
THE NEWS
Efforts Not In Tune With GSP Plus Human Rights Conventions
Forex Reserves Increase To $20.834 Billion
Industrialists Cannot Pay Revised EOBI Rates: KCCI
ICAP Suggests Measures To Broaden Tax Base, Improve Revenue Collection
Policymakers Ensuring Constant Growth
FPCCI Prepares Budget Proposals
FBR Issues Active Taxpayers List
B RECORDER
Pak-Netherlands trade to hit $1 billion mark this year: Dutch diplomat
Visa policy to be restructured with Pakistan: Malaysian CG
Every 4th Pakistani is obese, overweight: Experts
Informal economy constitutes 70 percent of total economic activity: Icap chief
As drought shrivels crop, cotton industry faces $4 billion bill
India passes bankruptcy law in longawaited Reform
KE's plea regarding quarterly tariff: Nepra h
DAILY JANG
K-Electric Filed another application for reducing 0.54 paisa per unit
Malaysian visa policy to be revisited
KCCI expressed concern on issuance of 3 years demand notice by EOBI
Proposal of extending 2 years tenure of office bearers of industrial associations rejected
Forex Reserves Increase To $20.834 Billion
DAILY EXPRESS
Mobile phone charging point established in Masjid Ul AHRAM
Tax laws 1158 US citizens surrendered nationality
Pakistan trade deficit increased
Pressure on govt to be built up due to expensive production of electricity
Forex Reserves Increase To $20.834 Billion
KCCI to resolve EOBI contribution issue
30% share of economy is documented
TMA HEAD OFFICE
DATE: 2016 May 12
DAWN NEWS
FBR issues active taxpayers list
Trade deficit widened in April
Cotton price rises on strong demand
5TH CHINA EURASIA EXPO URUMQI CHINA SEPTEMBER 20-25, 2016
THE NEWS
Gilani Gets Protective Bail In Five TDAP Cases
Pakistan Asks IMF To Relax Budget Deficit Target
FBR To Launch EDI With China Next Month To Curb Under-invoicing
Trade Deficit At $19 Billion In July- April
Govt To Target Non-resident Companies’ Tax Avoidance
‘Pakistan A Profitable Business Destination’
B RECORDER
Dealing with the menace of underinvoicing 'Pak-China Connectivity Bus' to be launched by August
APTMA puts forward budget proposals
MCCI chief seeks special package for SMEs
FBR issues active taxpayers' list for tax year 2015
Foreign tax registration documents mandatory for non-resident companies: FBR
Dar in Dubai for talks on 11th IMF review
DAILY JANG
Gilani Gets Protective Bail In Five TDAP Cases
Mechanism is being prepared to stop under invoicing for china
FBR issued actives tax payers list of 2015
Taxes imposed on Towel Manufactures need to revisit
DAILY EXPRESS
Exports during July-April reduced by 2059 Billion dollars
FPCCI expressed concern on water shortage and its waste
To protect tax payers right law likely to be framed
Active tax payers list 2015 issued
Reduction of tariff for K-Electric consumers welcomed
TMA HEAD OFFICE
DATE: 2016 May 11
DAWN NEWS
Exports to India may reach $1bn
FTO provided Rs735m relief to taxpayers in 2015
‘Law bars FBR from probing offshore firm owners’
THE NEWS
FBR Can’t Probe Offshore Companies beyond 5-6 Years, Senate Panel Told
Customs Evolves Online Database To Check Under-valuation
Govt Urged To Give Incentives To Cottage Industry
Pakistan Eyes $1bln Exports To India
B RECORDER
Probe into offshore companies: FBR explains its limitations
Potentials of the garments sector
FBR hasn't yet proposed Rs 150 billion new taxes in budget: Senate body told
Allegations against TDAP CE clarified
Cottage industry: LCCI urges government to announce special incentives
K-Electric consumers: Nepra approves Rs 3.86 cut
SOURCING AT MAGIC LAS VEGAS-USA AUGUST 14-17, 2016
DAILY JANG
New data base will be prepared in consultation with stakeholders DG customs valuation
Criticism by section of group on C.E .TDAP is un justified Farrukh Maqbool
Steps announced in trade policy its implementation be assured KATI
DAILY EXPRESS
NEPRA approves reduction in K-Electric tariff for consumer by Rs 3.86 per unit
Trade bodies expressed reservations on trade organization amendment bill 2016
Trying to increase exports to India 1 billion dollar Khurram Dastgir
90 crore rupees released from EDF during 9 months
TMA HEAD OFFICE
DATE: 2016 May 10
DAWN NEWS
Textile industry underscores power tariff Distortions
FBR to launch new system for e-filing
Lifting of ban on gas connections sought
World Bank urges Pakistan to speed up reform, employ more women for growth
Prepaid card regulations issued afresh
“AD” All Pakistan Textile Mills Association
HOSPITALITY QATAR DOHA-QATAR OCTOBER 18-20, 2016
THE NEWS
Pakistan’s Economy Hamstrung By Electricity Shortages
State Bank Issues Rules To Promote E-money
Export-oriented Textile Industry Warns Legal Action
Pakistan Budget Promises Probusiness Policies
B RECORDER
GSP Plus conventions monitoring cell: FPCCI urges government to induct two Representatives
Rs 197.21 billion collected under GIDC
New gas connections: APTMA seeks notification on removal of moratorium
FPCCI, HCCI demand end to unannounced power outages
Pending refund claims: PRGMEA threatens to move court against SBP circular
Un-branded imported garments: Customs values revised
SBP unveils regulations on prepaid cards
Budget to be unveiled on June 3?
TDAP OFFERS AN EXCELLENT OPPORTUNITY TO BE PART OF GENERAL DELEGATION TO TEHRAN-IRAN AUGUST, 2016
DAILY JANG
Economic survey likely to be announced on 1st June
FBR collected Rs 2438 billion Tax during 10 months and 9 days
DAILY EXPRESS
First pay than spent substitute payment system introduced
Exports refund be released immediacy APTMA
TMA HEAD OFFICE
DATE: 2016 May 09
DAWN NEWS
Move to tighten rules for investing abroad
THE NEWS
FBR To Deduct Rs50 Billion From Textile Mills Refunds
B RECORDER
MCCI concerned over hike in gas tariff
KPCCI seeks inclusion of moveable, immovable assets in VTCS
Regularizing overseas investment
Uphill revenue targets: RTO conducting raids on premises of commercial importers
Creating illegal IT demands: FBR field formation accused of using fake courier receipts
“AD” Pakistan Textile Exporters Association
DAILY JANG
FBR will be succeeded in achieving annual target of Rs 3104 billion
Voluntarily tax scheme doors closed on non-filers traders
FBR has to cross Korakaorm mountain of Rs 14 billion collection target
DAILY EXPRESS
TMA HEAD OFFICE
DATE: 2016 May 08
DAWN NEWS
WTO chief advises Pakistan to devisebusiness friendly border rules
Effluent treatment plants project suffers
THE NEWS
Karachi Chamber Assured Of Incorporating Proposals In Budget 2016-17
B RECORDER
HSFO import: Dar reluctant to withdraw three percent raise in GST
2016-17 budget: government considering proposals, KCCI delegation told
Five major sectors: FBR revising ST Structure
FBR to deduct Rs 50 billion from textile Refunds
DAILY JANG
FBR has issued 4 lacs fifty thousand notices to non-filers under section 114
TMA HEAD OFFICE
DATE: 2016 May 07
DAWN NEWS
64pc Pakistanis believe corruption rife in govt offices, says survey
SBP redefines small, medium enterprises
Commerce ministry seeks Rs6bn to build four expo centres
THE NEWS
Textile, Apparel Exports To Go Up As East Asian Exporters’ Trip
SBP Revises Regulations For SME Financing
Preferential Access To EU Under Threat: KCCI Report
Old Banknotes Cease To Be Legal Tender From Dec 1
SBP Denies Statement On Fake Currency
B RECORDER
Stay granted by courts in tax evasion, fraud cases: DG I&I Inland Revenue seeks AGP's guidance, help
SBP denies issuing any press note on fake Currency
July-March Fiscal Year 2016: readymade garment exports up over four percent
Specialty fibres: Aptma seeks exemption from extra anti-dumping duty
PBIF chief says CoAS must continue until 2018
SME financing: SBP revises prudential Regulations
Reporting tax evasion: FBR announces cash rewards for citizens
DAILY JANG
Corporate tax rate to be reduced within 2 years from 33% to 30%
Planning on water projects to be done to improve countrys economy
Garments industry is towards stability and progress
Protest is hurting projects of corridor and economic development
Old design notes legality will be ceased from 1st December
DAILY EXPRESS
April 28 importing companies involved in tax evasion of Rs 45.5 crore
Pakistan can become center of regional garments
TMA HEAD OFFICE
DATE: 2016 May 06
DAWN NEWS
Private sector stops borrowing from banks, starts retiring debt
Textile sector opposes power tariff hike to pay off KP’s hydel arrears
Corporate bill keeps stakeholders divided
Govt asked to allow cotton hedge trading
Investor confidence improved: OICCI
Bangladesh Bank officials seek to recover stolen money
THE NEWS
Govt Lifts Ban On New Gas Connections
Foreign Investors Cheer Growth With Cautions
Cotton Dealers For Resumption Of Hedge Trading
‘No Economic Stability Without Focus On Exports Sector’
B RECORDER
SBP suggests steps aimed at regularizing overseas investments
Moratorium on new gas connections lifted
SECP will charge fee of Rs 500,000 from July 1
Dismal leather export: PTA seeks PM's Help
President arrives in Multan, meets MCCI Team
Forex reserves fall by $2.2 million
FPCCI for protection of locally manufactured raw materials
Exhibitions organised by TDAP: Senate body orders audit of expenditure
SECP holds session about electronic filing, VOSS in Gujranwala
Filing of ST, federal excise returns: FBR decides to launch modified automated system
Corporate bill: lawyer identifies pitfalls, helps thwart passage
Heimtextil Frankfurt- Germany, January 10-13, 2017
DAILY JANG
I cap recommended to FBR for strict action against non-filers
Restriction lifted on projects providing gas
Traders are satisfied by working condition of business overseas investors chambers
Cotton prices increased to RS 6,000/- per maund from Rs 5200/-
K-Electric issued notification of reducing tariff by 0.75 paisa per unit
Forged currency notices are in circulation SBP warns public
DAILY EXPRESS
K-Electric regularly sending bills on higher side to citizens
Parliamentary committee formed to investigate TDAP officers
TMA HEAD OFFICE
DATE: 2016 May 05
DAWN NEWS
President urges business community to play its part for prosperity
Tax return filings cross 1m mark
Arrest warrants of Gilani, others issued in TDAP case
THE NEWS
TDAP Scandal: Charge-sheets In Seven More Cases Submitted
FBR Stops Refunds Payment As Fiscal Year Near End
B RECORDER
Falling exports, flawed policy
Razak Bengali nominated chairman PGBC
Release of refunds urged: PTEA chief says cash crunch adversely impacting industry
Taxes, surcharges contributing towards high cost of doing business: PYMA
TDAP scandal: non-bailable arrest warrants for Gilani issued
Country seeks to expand trade links across region: Dar
Fiscal Year 2017 Budget: number of tariff slabs may be scaled down to four
DAILY JANG
Work started to computerize all record M.D. SITE ltd
Tax collection increased by 173% during 1st four days of May
Foreigners visiting UAE should apply visa first through online
Fiscal Year 2017 Budget: number of tariff slabs may be scaled down to four
DAILY EXPRESS
K-Electric reduced electric tariff by 0.75 for one month
FBR chalked out strategy to arrest non tax filers
TMA HEAD OFFICE
DATE: 2016 May 04
DAWN NEWS
‘Budget will be pro-growth, pro-industry’
Pakistan offers to host next Saarc meeting to bolster regional trade ties
Govt urged to cut cost of doing business
Doctor claims cure ‘without medicines’
THE NEWS
Pakistan’s Modest Economic recovery To Continue: World Bank
Consumer Financing Clocks In At Rs11.4bln
Customs For Restoration Of DTRE Scheme For Vendors
B RECORDER
Dar urges Europe, Asia to cut down on tariff, NTBs
Apparel sector: Pakistan lags behind competitors: World Bank
Making investment in associated companies: Companies bound to take approval from shareholders
Nepra notifies Rs 2.83 refund for March
Bank levy Reduced rate of 0.4 percent WHT to continue till 30th: FBR
DLTL scheme: PRGMEA urges Dar to resolve issue of revised calculation method
Hush! The engineer is listening
DAILY JANG
Speedy % of GDP growth recorded
Notification for reducing electric tariff by Rs 2.83 per unit issued
FBR collected 1100 billion tax during 3years tenure of Nawaz Sharif
DAILY EXPRESS
European and Asian countries should revisit of tariff system
Real Estate sector likely to be bring completely into tax net
Increased cost of manufacturing is the reason of declining exports
TMA HEAD OFFICE
DATE: 2016 May 03
DAWN NEWS
WTO chief seeks Islamabad’s support for multilateral trading system
Budgets to be based on 7th NFC award
New formula for drawback calculation irks Prgmea
Tax amnesty deadline for traders extended
THE NEWS
B RECORDER
DG WTO for fixing energy issues, diversifying exports
CPI: Making grounds for tightening monetary policy?
Prgmea rejects revision of DLTL's calculation method
Banking transactions 0.4 percent WHT rate extended up to May 31
DAILY JANG
President Mamnoon Hussain will give Today FPCCI achievement awards to 64 important personalities
Traders are inactive from private sector of Pak-Iran
Pakistan should improve its manufacturing system DGWTO
FPCCI appointed Mehmood Rashid as chairman of Standing committee of Islamic Banking and takaful
DAILY EXPRESS
WTO announced to extend help to Pakistan for Pakistani exports
FBR refused to display details of tax refund
Pakistan Iran Trade is not according to friendship
Govt should bring agriculture sector in tax net
TMA HEAD OFFICE
DATE: 2016 May 02
DAWN NEWS
Pre-budget talks with IMF kick off in Dubai
THE NEWS
B RECORDER
Munir optimistic about economic Prospects
DTRE Scheme: exporters urge government to restore utilisationperiod
DAILY JANG
Strict action to be announced for non-filers in budget
Commissioner Karachi inaugurated heat stroke center at KATI
Factory owners saving tax of billions of rupees by non-registration of laborers
Date extended up to 31st May in withholding tax rate 0.4%
DAILY EXPRESS
Finance Minister Grant extension by one month for tax amnesty scheme
Task force formed to ensure implementation of labor laws in Sindh
TMA HEAD OFFICE
DATE: 2016 May 01
DAWN NEWS
Dollars in surplus after clampdown on Smuggling
Customs tariff to be rationalised in FY17
No gas shortage by end of tenure: Khaqan
Charged parking abolition likely
THE NEWS
Economic Blocks Confirm India Hesitant To Sign FTAs
SBP Calls For Commission To Probe Written-off Loans Post-1997
‘Shifting To Alternative Energy Resources Needed’
B RECORDER
Budget 2016-17: FBR to retain DTRE and manufacturing bonds schemes
Punjab government focusing on alternative energy resources: minister
FCCI, Dar to discuss budget proposals: Abid Sher Ali
Shahid Hussain Asad of IRS retires
PIAF for taking measures to control trade Deficit
VTCS: Date for filing returns extended till May 31
DAILY JANG
POL products to remain constant OGRA issued notification
Voluntary tax scheme likely to extend up 31st May notification to be issued by tomorrow
FBR set all time record of collecting tax of Rs 2344 billion during 10 Months
DAILY EXPRESS
Decision to abolish changed Parking
Step taken SRB service tax levied on property taken for rent
Next budget decision not to withdrawn concessionary SROs related to export promotion
Proposal under consideration to allow import of Fabrics legally for resolving RD dispute
Inflation will incases if gas rate enhanced for energy sector
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