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Date:  June 30, 2020

DAWN NEWS PAPER

Govt steps up reforms ahead of WB’s ease of doing business rankings

Finance bill sees 30 amendments

IPPs reluctant to produce power on expensive diesel

No stakeholder takes responsibility for Karachi power woes

Bank holiday

THE NEWS INTERNATIONAL

FBR decides to pay duty drawbacks on FIFO basis

PBC stresses bilateral trade agreement instead of FTA with Turkey

Foreigners invest $66 million in Pakistan’s debt market in June

ECO-CCI zooms in on COVID crisis

PIA cuts fares, to charge Rs12,000 for all domestic destinations

Bank holiday

BUSINESS RECORDER

Major amendments made in Finance Bill 2020

FBR to implement tax relief measures from July 1

Duty drawback to be paid to exporters on FIFO basis

SBP revising regulatory limits on consumer financing

Government may waive penalty on imported goods to be cleared by 30th

FPCCI seeks withdrawal of abrupt hike in POL prices

Industrialists voice concern over 8-hour-long loadshedding

PIA cuts domestic fares

Islamic banking deposits expand market share to 17 percent

Karachi's future power requirements: Ministry urged to maintain regular liaison with K-Electric

Bank holiday

Cotton spot rate raises by Rs 100 to Rs 8200

Gold prices increase by Rs 1600 per tola

Anomalies in the federal budget

TRIBUNE NEWS PAPER

Textile firms export health products to recoup losses

Dawood discusses reforms for business

Finance Bill 2020: NA approves major tax relief

Rupee sinks to all-time low at 168.18

EXPRESS NEWS PAPER

Cost of Cotton reached on its peak during current season

Pakistani rupee further depreciated, dollar exceeded from 168

Modern laboratory set up in Abbasi Shaheed Hospital for free of cost Corona test

Date:  June 29, 2020

DAWN NEWS PAPER

Covid-19 cases hit 10m mark across the world

THE NEWS INTERNATIONAL

RLNG diversion to power sector leaves textile sector in the lurch

Need for R&D

BUSINESS RECORDER

All set to declare zero-rated cos as export-oriented sectors

FPCCI lambastes govt over increase in POL prices

KATI chief condemns increase in POL prices

Export-oriented units in Punjab, PLGMEA seeks exemption from lockdown on Saturdays

Weekly Cotton Review, Bullish trend witnessed

Voluntary Declaration of Domestic Assets Act of 2018, Beneficiaries being questioned by FBR?

POL products: massive price rise

TRIBUNE NEWS PAPER

The inexorable choice, Increasing savings and productivity only recipe for healthy economic growth

EXPRESS NEWS PAPER

Recession may enhanced as compared to estimate. IMF

Corona symptoms passengers not allowed for air travel

Date:  June 28, 2020

DAWN NEWS PAPER

Masses, business community lash out at govt for POL price hike

Chinese seeds to enhance cotton crop yield, says food minister

PLGMEA urges working Saturdays, double shifts

THE NEWS INTERNATIONAL

Food ministry seeks proposals to improve lint output

Rupee likely to hold ground

Faltering economy

BUSINESS RECORDER

POL products, Govt explains increase in prices

Discos formally start unscheduled load-shedding

2019-20, FBR shares ST exemption method

Exemptions stand at 37pc of tax expenditure

State apparatus, FBR spells out cost of income tax exemptions, concessions

KCCI chief expresses concern over KE’s poor performance

Cut in interest rate by one percent, Business community hastens to tell SBP it’s ‘too little, too late’

Govt criticised for increasing prices of POL products

Prices remain stable on cotton market

TRIBUNE NEWS PAPER

PTI govt decides to introduce more tax concessions in Finance Bill before final voting

Pakistani industrialists decry hike in POL prices

'Loadshedding adding extra burden on already suffering economy'

EXPRESS NEWS PAPER

Govt decided to provide further concession in tax to industrialists

APTMA welcomed reduction in interest rate

Rejected the price increased of petroleum products

Karachi Chamber showed concern on prolong load-shedding

In open currency market, dollar reached at 168

Date:  June 27, 2020

DAWN NEWS PAPER

Five-year trade policy finalised

Karachi industry hit by massive loadshedding

Electricity users suffer as stakeholders play blame game

Record hike in prices of oil products notified

Governor’s intervention may bring respite for power-starved city

Interest rate surprise

THE NEWS INTERNATIONAL

Businesses want ‘big’ rate cut in one go to rev up economy

‘Pakistan focusing on export diversification’

Pakistan receives $1.725bln from IFIs this week

FBR to observe extended working hours

Record hike in petroleum prices

Energy ministry, KE play blame game as outages intensify

KE’s board voices concern about power supply issues

Electricity crisis to be overcome in two days, KE assures governor Imran Ismail

China pulls out of KE’s buyout deal

BUSINESS RECORDER

Govt optimistic about FY21 tax collection target

SBP extends EFS limits to individual exporters

Inflation increases 0.15pc on WoW

FBR detects revenue loss due to misuse of tax expenditures

Nepra decides to “expose” certain Discos

Load-shedding in Karachi, Hurdle to taking additional power from national grid identified

Erstwhile tribal areas, FBR suffers loss of Rs4,454.21m from IT relief

Cotton spot rate increases by Rs100 to Rs8100

Karachiites continue to suffer power outages amid Covid-19 outbreak

Archroma to introduce new thickener for sanitizing gels

100bps cut in policy rate

SSGC: GAS Supply closure Sunday Industrial & Captive Power

TRIBUNE NEWS PAPER

FCCI demands extension in return filing date

Capacity payments projected at Rs1.5tr

PTI govt increases petrol price by Rs25 per litre

Centre to provide additional 500MW to KE, denies fuel shortage claim

Traders oppose gas price hike

EXPRESS NEWS PAPER

Prolonged load-shedding is serious joke with peoples & industrialists

Karachi Chamber showed unsatisfied on slight reduction in interest rate

Mian Anjum Nisar welcomed the reduction of 1% in interest rate

Dollar value enhanced in open market

Date:  June 26, 2020

DAWN NEWS PAPER

Rs6.2bn released to textile sector

SSGC seeks price increase, enrages industry

Tax exemptions on official perks cost Rs30bn in 2019, says FBR

Interest rate cut by 100 basis points to 7pc

SBP reserves fall $145.9m

THE NEWS INTERNATIONAL

Tax office alleged of ‘harassing’ businessmen

State Bank cuts interest rate by 100bps to ease virus-led downturn

Forex reserves fall to $16.730bln

BUSINESS RECORDER

Mills, exporters buying old and new stock of cotton

Textiles sector, Razak announces Rs6.2bn release under DLTL

OGRA holds public hearing, SSGC provided Rs190bn relief to consumers

FPCCI’s business council’s elections, Arshad Jamal expresses reservations

‘Safety Comes First’ exhibition, Businesses dealing with Covid-19-related accessories told to contact KCCI

LCCI seeks extension in tax amnesty scheme

NKATI leaders urge PM to order reduction in gas tariff

KATI chief urges KE to end loadshedding

Export-oriented units: PRGMEA seeks lockdown exemption on Saturdays

Seminar told, Pakistan ranks 106th among 119 countries in Global Hunger Index

SBP cuts policy rate by 100bps to 7pc

FY 2019-2020, GDP growth rate may remain lower than -0.4pc

SBP must take a pause

TRIBUNE NEWS PAPER

Pakistani exporters seek permission for two shifts

Foreign exchange: SBP reserves fall $146m to $9.96b

SBP cuts policy rate by 100 bps to 7%

EXPRESS NEWS PAPER

Losses of power distribution companies may be shift extra burden to the consumers. Haroon Shamsi

6.2 billion Further released for Textile sector

Closure of industry is not solution to prevent covid-19. Ismail Sattar

Due to Corona, Fly Dubai suspended their flights for Pakistan

Date:  June 25, 2020

DAWN NEWS PAPER

IMF lowers country’s growth forecast to 1pc

Consumer groups oppose move to hike gas prices by 110pc

Goods imports enjoy most sales tax exemptions

Current account posts $13m surplus

Rs112.1bn raised from PIBs

Gold rate spiral continues

Emirates service suspension comes after 30 passengers from Pakistan test positive

Power outages, water shortage spark protests in different areas

K-Electric, mercy

Tax exemptions

THE NEWS INTERNATIONAL

Textile industry seeks incentives to boost exports

Current account deficit narrows 74pc in July-May

Tax collection from exports up 23pc in July-May

Worst economic crisis for a century: Corona cripples global businesses

To comply with FATF conditions, Pakistan needs to amend foreign exchange laws within three months

Global virus death toll nears half a million

Covid-19 threat: Emirates suspends flights from Pakistan

BUSINESS RECORDER

Power sector, Govt to make consumers pay for ‘inefficiency’: TMAP

Power tariff, Plans being made to shift entire circular debt to masses: PBIF

FPCCI urges govt to arrest surge in value of dollar

Closure of industry no solution to controlling Covid-19 but an economic suicide: Suttar

Ogra urged to reduce gas tariff by 40pc

K-Electric facing over 550MW shortfall

IMF revises FY21 growth rate target downward to 1pc

Emirates suspends flights after passengers test positive

Intending Hajj pilgrims to get refund money: Qadri

Gold prices touch another historic high

TRIBUNE NEWS PAPER

Pakistan's textile industry opposes debt surcharge

Pakistan's current account turns into surplus

PTI govt abandons K-Electric’s coal project

Gold surges to historic high at Rs105,100 per tola

Date:  June 24, 2020

DAWN NEWS PAPER

First detailed view on tax exemptions emerges

Govt aiming for 4-4.5pc growth over next three years

China soy buyers ask exporters to guarantee coronavirus-free cargoes

Gold continues to rise

Saudi Arabia to allow around 1,000 pilgrims in scaled-down Haj

Emirates suspends passenger services from Pakistan for a few days

THE NEWS INTERNATIONAL

Global trade set to shrink 18.5 percent in Q2: WTO

KE tariff petition deferred

LTU refrains from ‘strict’ action to meet revenue target

Rupee falls to 2.5-month low of 167.7 on unceasing outflows

SRB extends return filing date

Rs10 per kg increase in LPG price

Gas companies to provide over 0.55million new connections

Rising coronavirus infections seen worldwide

BUSINESS RECORDER

S Arabia to allow around 1,000 to perform Hajj

Review of Finance Bill 2020, Exporters urge NA body chairman to invite stakeholders

Removal of anomalies in Finance Bill 2020, FBR may submit reports to Hafeez today

Global trade set to shrink 18.5pc in Q2: WTO

K-Electric’s petition, Nepra puts off public hearin

Gwadar Port Authority, Amendments to customs law approved by Senate body

Deadline for payment of Sindh ST extended

FCA: Chawla surprised over sudden postponement of hearing by NEPRA

Prices of LPG cylinders increased

No demands of IPPs without forensic auditing first: EFP

TRIBUNE NEWS PAPER

Gwadar agreement: Senate body backs 40-year tax break

Global trade to shrink 18.5% in Q2: WTO

NEPRA to investigate load-shedding in Karachi

Gold hits new high as rupee drops

EXPRESS NEWS PAPER

Demanded to restoration of 10% tax credit on purchase of new machinery

Rupees under pressure, Dollar reached Rs.168

Date:  June 23, 2020

DAWN NEWS PAPER

Saudi Arabia to hold `very limited` Haj this year

WHO warns of `accelerating` pandemic

Gold scales new peak of Rs102,000 per tola

THE NEWS INTERNATIONAL

Corona pandemic limits numbers: Haj only for local, resident pilgrims

Centre stands by its commitment to K-IV water project: Asad Umar

Revenue target unrealistic in recession; no focus on economic priorities: FPCCI

PCDMA protests against finished goods schedule

APTMA demands smooth FO supply

Anti Covid drive

BUSINESS RECORDER

Senate body informed, Tax machinery confident about target prospects

PCDMA chief condemns more duties for commercial importers

Covid-19 pandemic, Federal budget does not focus on changing economic priorities: FPCCI

Govt urged to extend tenure of trade bodies

Extended hours, LTUs/CRTOs/RTOs to remain open on 29th & 30th

KE advises precaution during summer

Business remains stable on cotton market

Gold prices hit all-time high

Tax reforms

Currency diary

Key features of budget 2020-21

Burdening the consumer for system inefficiencies

TRIBUNE NEWS PAPER

Foreign pilgrims barred from Hajj this year

Textile industry demands resumption of oil supply

FBR waives surcharge on warehouses

SSGC ends LPG contract with JJVL

Gold hits 1-month peak as rising virus cases bolster demand

EXPRESS NEWS PAPER

Differences reached on peak in FPCCI

Chemical & Dyer Merchant Association showed concern

Rs.300 to 400 cost enhanced per 40kg of cotton

Due to Corona in the world, death reached 469220

Date:  June 22, 2020

DAWN NEWS PAPER

Panel calls for mechanism to cut gas losses

Get serious about exports and remittances

THE NEWS INTERNATIONAL

$10 bn TAPI gas pipeline project fails to achieve financial closure

Tips for protection of elderly, People above 50 years constitute 72pc of all Covid-19 deaths in Pakistan

BUSINESS RECORDER

Govt urged to provide relief for ginning industry

GST should be reduced to 14pc: KCCI

FY 2020-21, FTAs, PTAs cause over Rs45bn loss

Structural benchmark agreed with IMF, Nepra being empowered to pass on cost inefficiencies on to consumers

Analysing PKR’s parity with USD

Weekly Cotton Review, Increasing trend in prices witnessed

TRIBUNE NEWS PAPER
Int’l flights resume after three months

Date:  June 21, 2020

DAWN NEWS PAPER

Pakistan`s $2.41bn debt payments to be rescheduled

Cabinet approves furnace oil imports for KE

Labour & Human Resources Department Govt of Sindh Ad “Rules Regarding Employees During Lockdowns”

THE NEWS INTERNATIONAL

Tax collection from debt investment up 85pc to Rs4.1bln in July-May

Weekly SPI inflation up 1.02pc

Rupee likely to gain next week

Labour & Human Resources Department Govt of Sindh Ad “Rules Regarding Employees During Lockdowns”

BUSINESS RECORDER

Restoration of zero-rated regime for five major export sectors urged

Fuel shortfall behind current power situation: K-Electric

FBR issues new indicators to evaluate performance of tax officials

Prices of essential kitchen items go up

Govt of Pakistan “Ad”

TRIBUNE NEWS PAPER

IT to help Pakistan promote trade with Canada

EXPRESS NEWS PAPER

Labour & Human Resources Department Govt of Sindh Ad “Rules Regarding Employees During Lockdowns”

S.S.G.C. “AD”

Date:  June 20, 2020

DAWN NEWS PAPER

1,400MW additional electricity for Karachi approved

Pakistan’s fiscal deficit to widen in FY21: Fitch

FDI falls for third consecutive month in May

International flights resume today

‘Ring of Fire’ eclipse to wrap Earth tomorrow

THE NEWS INTERNATIONAL

Pakistan signs $1.5b loan accords with WB, ADB, AIIB

Govt automates tax return assessment in major policy shift

Extension in ST deadline urged

FDI jumps 90.6pc to $2.401bln in 11 months

Banks sanction Rs107.5bln loans under SBP Rozgar Scheme

Foreign investors find budget in conflict with ease of doing business

Fitch says Pakistan’s budget goal overly ambitious

Rupee weakens

In Pakistan, pandemic could push millions more into poverty

Billionaires get $583 bn richer since coronavirus began

Coronavirus pandemic in new and dangerous phase: WHO

BUSINESS RECORDER

Federal budget envisages Rs50bn tax refunds

Targets not easy to attain: Fitch Ratings

FDI records 91pc increase YoY

Financing agreements worth $1,500m signed with three IFIs

WHO warns world in ‘new and dangerous phase’ of pandemic

Filing of ST return, FPCCI urges FBR to extend deadline

Business remains stable on cotton market

NBP branches, Banking hours to be extended on 30th

Gold hits all-time high

TRIBUNE NEWS PAPER

Businessmen demand swift steps to avert crisis

Pakistan faces tough road ahead

FDI surges 91% to $2.4b in July-May

CCOE okays additional 350MW for K-Electric

Pakistan signs $1.5 billion loan agreement with IFIs, Financial grant to strengthen Covid-19 response

New SOPs issued for govt offices

EXPRESS NEWS PAPER

From July to May, foreign investment in country $1 billion 87 cror

Demand to extend last date of filing of sales tax return

Dollar reached 167.20 in open market

Date:  June 19, 2020

DAWN NEWS PAPER

AIIB approves $500m loan for Pakistan’s Covid-19 response

Govt moves law to pass circular debt to consumers

Amazon asked to register 38 exporters from Pakistan

Manufacturing plunges 41pc in April

Industry decries turnover tax regime

Pakistan likely to hold economic growth: ADB

Reserves rise

Lockdown in several city areas notified

THE NEWS INTERNATIONAL

Senate body casts doubts on transparency in budget-making

Big industry contracts 42pc in April

The dilemma of lower demand

KTBA seeks payment extension in amnesty scheme

‘Timely efforts eased COVID-19 impacts on remittances’

Rupee weakens further

Forex reserves rise

Govt mulling over change of guards at FBR, State Bank?

Tier-1 retailers say FBR backtracked from tax concession

First time in history: FBR collects less taxes than previous year, says Sindh CM Murad Ali Shah

Pakistan sends 38 exporters’ names to Amazon for registration

Accords with Chinese Cos to boost industrial growth

To prepare bureaucracy for new challenges: Govt mulling over creating National Executive Service

Effective implementation of smart lockdown fails on very first day

Pakistan 13th among most corona infections

BUSINESS RECORDER

‘Anomalies’ in Finance Bill identified

ADB projects 2pc growth rate for FY21

None of incentives suggested by PCMA incorporated in budget: chairman

FPCCI to hold seminars

Foreign nationals, Validity of all types of visas extended

Moazzam Ahmad made HC to UK

Smart lockdown begins across Karachi

TRIBUNE NEWS PAPER

No major relief for SMEs

Pakistan registers sellers with Amazon

Pakistan economy to grow 2% in next fiscal year: ADB

Foreigners in Pakistan get visa extension till Aug 31

Govt urged to restore zero rating

EXPRESS NEWS PAPER

Historical reduction in Industrial production due to lockdown

Dollar reached to 166.60 in open market

Problems of Economic Zones of CPEC will resolve. Board of Investment

Date:  June 18, 2020

DAWN NEWS PAPER

BUDGET 2020-21: Sindh reduces ADP to Rs232.9bn

Budget 2020-21: No new taxes as Sindh presents Rs1.24tr budget KARACHI: Budgeting on hope

Govt of Pakistan “Ad”

THE NEWS INTERNATIONAL

Tax exemptions cause Rs1.15tr loss in outgoing fiscal

Taxpayers asked to pay outstanding tax amount by 30th

Rs1.94bn earmarked for Karachi’s mega projects in 2020-21 budget

ECC augments loss coverage for SME loans to prevent layoffs

PYMA opposes 2.5 percent additional RD on yarn

LCCI asks to cut energy prices

Treasury bills’ yields decline on rate cut expectations

Sindh slashes ADP 25pc to Rs155bln amid pandemic losses

Lockdown means business in socially distanced Pakistan: Google survey

BUSINESS RECORDER

‘Liquidity crunch, shrinking global business to hit textile industry’

Imported raw materials, PYMA disappointed over non-provision of relief

Industries need low-cost energy: LCCI

KCA decreases spot rate by Rs300 in three days to Rs8000

Cotton importers: at a loss?

Will the power tariffs go up?

WB explains why exports crucial to recovery

SBP scheme aimed at preventing lay-offs approved by ECC

Broadening of tax base, Govt decides to use data of Discos, telecom cos

FBR forms two committees, Anomalies in Finance Bill to be identified

TRIBUNE NEWS PAPER

Rupee hits 2-month low against dollar

EXPRESS NEWS PAPER

Smart Lockdown going to imposed from today’s 7:00pm of specific areas of Karachi

20 Years tax relief has given to Gawader port operators

In Cotton Markets, price of cotton enhanced

Yarn Merchant Association shows disappointed on budget

For Business Entities, loan scheme will be introduced

Dollar exceed from Rs.166

Likely to start Monsoon in Karachi after 20th June

Date:  June 17, 2020

DAWN NEWS PAPER

Textile exports tumble 36.5pc in May

Sialkot Chamber calls for relief package

Amnesty 2019 applicants asked to pay taxes, surcharge

Number of jobless people to reach 6.65m in 2020-21

Sindh govt imposes ‘smart lockdown’ in province’s select areas

THE NEWS INTERNATIONAL

Textile exports surge 86pc in May as lockdown eases

PCMA questions committee

Tax bar demands withdrawal of illegal audit notices

FBR forms committees

FBR warns action against ‘laggard’ asset declarants

Gas companies seek increase in tariff by Rs85-623 per mmbtu

Rupee inches down

In the name of Gwadar Port: 40-year tax exemption to companies rejected

First COVID-19 wave expected to peak by end of July, start of August: experts

First steroid drug hailed as major breakthrough in Covid-19 treatment

Cabinet fixes Remdesivir’s price at Rs10,873/100mg vial

For first time in modern history: Saudi Arabia expected to cancel this year’s Haj

Ministry of National Health Services Regulation & Coordination Govt of Pakistan & NDMA “AD”

BUSINESS RECORDER

Export-oriented sector ignored in budget: prgmea chief

Revival of economy, Public-private partnership a great solution: KATI chief

Budget presented sans any taxation steps for first time: FBR

Assets Declaration Scheme, 2019, FBR issues reminder to taxpayers

Cotton spot rate further down by Rs100 to Rs8100

Dexamethasone ‘proves’ first life-saving drug

Supply of lifesaving drugs halted, chemists fear shortage

Saudi Arabia faces perilous Hajj call as virus spikes

BUDGET BRIEFING 2020, Comments on Finance Bill 2020–II

TRIBUNE NEWS PAPER

Saudi Arabia yet to decide on Hajj as virus cases spike

Govt asked to review budget proposals: Textile sector says govt has ignored value-added exporters in FY21 budget

PTI govt writes off Rs90b income tax

Business council terms Budget 2020-21 balanced

CALL FOR ACTION: ICICI urges cut in electricity price

EXPRESS NEWS PAPER

Year 2019-20: given exemption of 90 billion on A/c of Income Tax

NAKATI Welcome, duty free import of industry raw material

Constituted committee to remove anomalies in finance bill 2020

Date:  June 16, 2020

DAWN NEWS PAPER

Budget 2020-21: Rs56bn tax relief for small businesses in Punjab budget

Budget 2020-21: Rs56 billion tax relief for corona-hit businesses

Banks resilient to Covid-19: SBP

Eidul Azha to be celebrated on July 31, predicts minister

THE NEWS INTERNATIONAL

PHMA unhappy with new budget

Banking sector to remain resilient to COVID-19: State Bank

Taxpayers barred from revising wealth statement after disclosure

China's industrial output continues slow recovery from virus hit

Smarter lockdown returns to 20 cities

Rupee ends weaker

BUSINESS RECORDER

APTMA says budget has failed to address critical issues

Textile export industry terms budget one-sided, unrealistic

Export sector, NKATI chief says govt should give maximum relief

Finance Bill 2020: Body formed to address ‘anomalies’

LCCI welcomes Punjab budget, sees maximum relief

OGRA urged to hold hearing to determine ERR of gas cos

Shops, factories sealed over SOPs violation in Faisalabad

Cotton spot rate down by Rs100 to Rs8200

68 officials test positive, one dies, Customs House becomes hot spot for Covid-19

SECP’s loan rescheduling permission to NBMFCs benefits 0.9m borrowers

Covid-19 pandemic, FSR CY-19 highlights resilience of banking sector

Overstating the GDP growth rate

Budget FY21, real and perceived constraints

BUDGET BRIEFING 2020, Comments on Finance Bill 2020–I

TRIBUNE NEWS PAPER

Pakistan's textile sector rejects ‘unrealistic’ Budget 2020-21

Regional Tax Office gives 3-year salary in reward

Punjab brings ride-hailing apps under sales tax net

EXPRESS NEWS PAPER

Budget will create unemployment & closure of industry

Future of cotton ginning industries in doldrums

Eid-ul-Azha will be on Friday, 31 July. Federal Minister Fawad Chaudhri

Date:  June 15, 2020

DAWN NEWS PAPER

Murad to present Sindh budget for 2020-21 on 17th

Uncertainties and aspirations

THE NEWS INTERNATIONAL

Sindh budget to be presented on Wednesday

Over Rs2.22tr Punjab budget today

Locusts to cause up to Rs2,451 bn loss

Covid-hit budget

Post-pandemic economy

BUSINESS RECORDER

Budget 2020-21 reaction, Demands, proposals of textile export sector ignored in budget: exporters

Companies Act 2017, ‘Amendments introduced after due consideration by SECP’

CM to present Sindh budget on Wednesday

Weekly Cotton Review, Trading in new crop starts

Punjab budget to be unveiled today

Country cannot afford to borrow more: Hafeez

Death, taxes and FBR shortfall

Finance Bill 2020, Not a single SECP proposal incorporated

Comments on FY2020-21 Budget

TRIBUNE NEWS PAPER

Budget overruns – an indicator of poor fiscal management

Budget disappointment spans sectors

Punjab govt readies Rs2.2tr outlay

EXPRESS NEWS PAPER

Foreign investors are coming in country. Abdul Razzaq Dawood

In the Universities, its compulsory to recite Quran with translation

Due to Covid-19, Global supply chain changed

World first 3D Eye prepared

Date:  June 14, 2020

DAWN NEWS PAPER

Textile, auto sectors disappointed with lack of incentives in budget

Amendments aim to increase tax compliance

Govt takes notice of shortage of life-saving drugs

Covid-19 pushing millions of South Asians into poverty

Budget without a plan

THE NEWS INTERNATIONAL

APTMA for 5-year export policy

New cotton trade starts partially

KE seeks to recover Rs2.26 billion from consumers under FCA

Budget lacks out of box solutions to jumpstart economy: EFP

PBC sees mini-budget to follow ‘unrealistic goals’

Rs212bln lost to tax exemptions last fiscal year

Fresh virus cluster: Parts of Beijing under lockdown, curfew

BUSINESS RECORDER

No relief for textile industry in budget, say industrialists

Hafeez hints at adjustments in budget

FBR’s access to databases of Nadra, others, Proposed amendment could be illegal

Budget lacks initiative to accelerate business activities: PIAF

Budget lacks out-of-the-box solutions to jump-start economy: Suttar

PBIF chief curious over 27pc boost in revenue

Business of new cotton crop starts

Salaried class not required to submit ‘Taxpayer’s profile’ to FBR

Seasonal monsoon to be 10pc above normal: Met

TRIBUNE NEWS PAPER

Textile exporters feel deprived of relief

Rs25 billion allocated for attracting US dollars

Govt admits tax target unachievable

Remittances rise 4.6% in May Despite pandemic

Country warned of serious water crisis

EXPRESS NEWS PAPER

Federal budget industry friendly, no relief for traders

Annual inflation rate again enhanced & reached 8.49%

Death rate increased due to diseases, space end in the graveyards

Date:  June 13, 2020

DAWN NEWS PAPER

Budget fails to impress industry

Budget 2020-21: Budget aims for trillion rupee tax revenue hike with ‘no new taxes’

BUDGET 2020-21: Finance bill shows all relief, no clear revenue plan

SBP profits to drive non-tax revenues in FY21

Subsidy bill slashed by 40pc

Growth target set at 2.1pc

THE NEWS INTERNATIONAL

Business community disappointed as industries ignored

Industrialists warn of massive job losses

‘Best budget in prevailing circumstances’

‘Exporters expected to face challenging environment ahead’

Subsidies slashed by 40pc to Rs209 bn for next fiscal

FBR proposes mandatory tax profile filing

PTI 2nd budget: Historic deficit, no new taxes

The Budget and a ‘mini’ Budget? News Analysis

'Revise customs valuation rules'

Rupee strengthens

BUSINESS RECORDER

Rs4,963bn fixed as revenue collection target

Rs209bn earmarked for subsidies

Return filers to submit 'Taxpayer Profile' electronically

Supplies by retailers, CNIC made mandatory for transactions above Rs100,000

Withholding agents to file WHT statements on quarterly basis

Budget offers nothing to SMEs, says KATI chief

Traders, exporters term budget disappointing, mere lip service

Teli says federal budget 'by no means a relief budget'

PLGMEA terms federal budget 'overall satisfactory'

FPCCI fails to resolve problems of business community: Mian Adrees

Saarc chamber nominations, Business groups to battle it out

Listless business witnessed on cotton market

KP business community rejects Budget 2020-21

'Tax Information Processing Unit', FBR withdraws order for establishment

FBR introduces concept of 'agreed assessment' for taxpayers

Taxpayers allowed to withdraw cases from any court

Several amendments made in Income Tax Ordinance 2001

Budget Speech 2020-21

TRIBUNE NEWS PAPER

No major relief for export sector

Govt imposes Rs200b worth of additional taxes

Govt slashes subsidy budget by 23% for FY21

PSDP cut as Covid-19 eats up resources

EXPRESS NEWS PAPER

Subsidy on Electricity slashed 50% for Karachi in Budget

Federal Budget – Extra Tax imposed Rs.200 billion

Demand of Tax Free Budget not fulfill, Traders mix reaction

No doubt situation is very challenging. Abdul Razzaq Dawood

Date:  June 12, 2020

DAWN NEWS PAPER

“APPEAL”

Hafeez blames Covid-19 for Rs3 trillion GDP loss

Budgeting in the time of corona

Another 10m likely to slip below poverty line

Economic Survey depicts dismal picture of climate change impacts

Economic survey 2019-20: V-shaped recovery highly likely

Total public debt jumps to 88pc of GDP

Tax exemptions cost kitty Rs1.15tr

Large-scale industrial output shrinks 5.4pc

SBP reserves fall $266.3m

Economic survey 2019-20: Energy sector bottlenecks mar business activity

‘Higher interest rate slowed down the economy’

External trade hit by pandemic

Covid-19 impact on revenues estimated at Rs899bn

THE NEWS INTERNATIONAL

Textile industry seeks continuation of energy package

Tariff structure rationalised for 30,000 raw materials, intermediary goods

LTU tax collection grows 5pc to 1.1trln in July-May

Forex reserves fall to $16.705bln

Rupee inches down

Pakistan’s power generation capacity increases to 35,975MW

Govt sets to present over Rs8tr budget amid corona crisis

Economic Survey 2019-2020: Corona hampering economic progress

Economic Survey: Complete shutdown to cost 18.53m jobs

Global Peace Index 2020: World peacefulness deteriorates

BUSINESS RECORDER

“APPEAL”

Covid-19 inflicts Rs3trn loss on economy: Hafeez

Tax exemptions, concessions cost govt Rs1,150bn

Import of 1636 items, ACD to be abolished in FY21 budge

High energy prices add to the cost of doing business

Export target seems hard to reach

July to March, Public debt up by Rs2.499trn to Rs35.207trn

Per capita income witnesses decline

LSM registers negative growth of -2.28pc

Jul-Apr 2019-2020, CPI-based inflation jumps to 11.22pc

Foreign reserves down by $266m to $10.095bn

BQATI urges SBP to extend banking hours

E-commerce platform launched to develop export markets

Leather sector, PTA hopeful of revival of zero-rated status

Cotton trade likely to resume soon

Economic Survey 2019-20

TRIBUNE NEWS PAPER

PTI govt gives Rs1.15tr in tax break

Corrective measures jolt Pakistan's manufacturing sector

Pakistan’s exports on downward trajectory

Covid-19 shock may increase Pakistan's debt-to-GDP ratio

SBP reserves fall $266m to $10.1b

EXPRESS NEWS PAPER

Rs.7600 billion budget will present today

Enhanced in Corona cases & deaths, Sindh Govt again thinking regarding lockdown

Across the World, Sales Tax in single digit. Sohail Hameed

Demand of restoration of Sales Tax under the SRO-1125

Date:  June 11, 2020

DAWN NEWS PAPER

Stringent measures for non-filers in upcoming budget

Govt seeks $375m to upgrade Discos

ADB okays $500m loan to Pakistan

Fed confirms rate to remain at zero

Traders violating Covid-19 restrictions warned of on-the-spot heavy fines, seizure of assets

Pakistan among six nations with upward virus trends

Europe to accelerate trials of gene-engineered Covid-19 vaccines

Etihad resumes flights from Pakistan

THE NEWS INTERNATIONAL

State Bank proposes abolishing WHT on cash withdrawal

FBR loses Rs30bln sales tax on POL products in four months

State Bank assures uniform definition of SMEs under refinancing scheme

Flexible budget & stiff austerity

E-commerce platform launched

Rupee weakens

Car sales plunge by 75 percent in May amid lockdown

Global coronavirus death toll crosses 415,000

Budget and the GDP

BUSINESS RECORDER

Pakistan among latest countries to secure debt moratorium

Pakistan ranked 15th among most-affected nations

Govt tables Tax Laws (Amend) Ord & four bills in NA

Rs96bn disbursed under refinance scheme: SBP governor

THE RUPEE: Further los

NKATI chief calls for imposing sales tax at retail stage

Shops and markets violating SOPs to be sealed: CS

Tax-related issues of banking industry, SBP proposals under consideration

Business activity remains stable on cotton market

Dollar falls broadly in Europe

The challenge of tax revenue target

Setting FBR target for FY2020-21

Economic policy choices beyond immediate crisis — III

TRIBUNE NEWS PAPER

Govt may levy GST on more goods

SBP says aware of SMEs difficulties

Concrete steps needed to revive SMEs

Chamber demands special relief package

Virus to slice at least 6% off world economy

ADB approves $500m emergency loan for Pakistan

Car sales dive 75% owing to Covid-19

SESSI head office closed after outbreak

Rupee Weakness against dollar

SSGC takes steps to combat UFG

EXPRESS NEWS PAPER

Budget approval - Federal cabinet special meeting will be held tomorrow

Sales Tax should imposed on basic level, suggestion of Industrialists

Corona - SBP set up special webpage

Under the refinancing scheme 96 billion has been distributed. Raza Baqir

Date:  June 10, 2020

DAWN NEWS PAPER

WHO urges two-week lockdown, more tests

Action over ‘artificial shortage of petrol’ ordered

2,000 tariff lines may see duty cuts

Expenditure freeze, revenue target of Rs4.95tr agreed with IMF

Fuel pricing on quarterly basis sought

Federal govt planning megaprojects for Sindh, meeting told

Emirates resumes flights from Pakistan after two months

THE NEWS INTERNATIONAL

FBR resorts to strict measures to meet FY2020 revenue target

Govt to face tough task of mobilising revenue in corona budget

Restoration of zero rating urged

Rupee declines

Corona growth fastest in Pakistan

World Bank predicts Pakistan DGP growth at -0.2pc next fiscal

The 10 most expensive cities in world just became pricier

BUSINESS RECORDER

PM urged to save export-oriented industries from collapse

Textile industry, PCMA urges govt to remove major obstacles

PM urged to revive SRO 1125

PBIF chief says export industry of Sialkot should be bailed out

LCCI for 24/7 industrial operations to fetch export revenue

Cotton spot rate remains unchanged

NEC to approve 2.1pc growth target today

Rs4.95trn revenue target being set for FY21

Coronavirus pandemic, Call to evolve comprehensive strategy

Immovable properties, FBR intends to raise valuation rates

WHO recommends ‘intermittent lockdown’

‘Artificial’ shortage of petrol, Cabinet orders ‘maximum’ punitive action

Pre-requisites for a competitive textile sector

TRIBUNE NEWS PAPER

FBR seeks WHT on foreign currency

SSGC fails to reduce UFG losses

LCCI seeks nod for 24/7 industrial operation

‘Artificial’ petrol shortage irks federal cabinet

Pakistanis shift to internet, mobile banking

EXPRESS NEWS PAPER
Meeting with IMF – Electricity & Gas will not be expensive, consider to enhance salary & pension

Date:  June 09, 2020

DAWN NEWS PAPER

National Economic Council called to set next year’s growth target at 2.1pc

Large gap between govt and IMF on revenues

Sialkot-based exporters demand relief

Mobile subscribers hit 89m by 2019 end: study

THE NEWS INTERNATIONAL

Govt likely to extend refunds limit to Rs50 million/taxpayer

State Bank wants growth-inducing policies for recovery

OICCI advises stimuli for long-term investment post pandemic

Customs duty collection falls 23pc in May

‘Withdraw limit to retain, invest export earnings abroad’

Karachi to receive additional 1400MW by 2023: Asad Umar

Govt fails to achieve cotton target, PA told

Saudi Arabia considers limiting Haj amid corona pandemic

Pandemic drives broadest economic collapse in 150 years: World Bank

BUSINESS RECORDER

TMA’S AD “APPEAL” TO THE HONORABLE PRIME MINISTER IMRAN KHAN TO HELP REVIVE THE TOWEL AND ALLIED INDUSTRIES

Sales tax to be major source of revenue: Dawood

Export-oriented textile industry, APTMA demands cut in gas tariff by 35-40pc

Govt urged to cut expenses, support industries

Promotion of export, PBC identifies some key issues

It’s going to be a relief budget, advisor assures KCCI

EFP seeks 40pc cut in gas tariff for industries

Income Tax Ordinance, 2001, Govt may review different time-limitation provisions

KE prepared to meet industrial consumers’ demand: official

Karachi to get additional 1400MW electricity by 2023: Umar

Cotton spot rate falls by Rs100 to Rs8300

World Bank’s latest Global Economic Prospects report, Covid-19 drives broadest collapse since 1870

Saudi Arabia considers limiting Hajj pilgrims

TRIBUNE NEWS PAPER

Textile mills demand 35-40% cut in gas tariff

Shaikh promises relief in budget

PBC to promote Pakistan brands

EXPRESS NEWS PAPER

Coming Budget will be Traders friendly & provide relief. Finance Advisor

Demanded to reduce Gas tariff immediately for 5 Exports Sector

Farmer in a fix due to decision of not to start new Cotton ginning season

Established of E-Commerce platform for enhance of Business between Pakistan & China

Date:  June 08, 2020

DAWN NEWS PAPER

Petrol pricing likely to be deregulated

Economy eclipsed by Covid-19

Annual budget: a useless exercise

APTMA Ad, “APPEAL

PHMA & PDMEA Ad,  “APPEAL”

THE NEWS INTERNATIONAL

SBP forex reserves deplete by $1.7 bn

Not a single drop of water added to Karachi’s supply despite population increase: PTI

BUSINESS RECORDER

Hammad likely to present budget on 12th

PRGMEA submits budget proposals

Budget 2020-21, Govt should act upon exporters’ proposals, suggestions: PHMA

Weekly Cotton Review, Market witnesses slow trade

‘Economic revival can’t be possible sans increase tax collection’

Companies, Finance Bill 2020 may address min tax on turnover

Beware of fake calls: SBP

NCOC launches Covid-19 mobile App

Pre-budget 2020-21 random thoughts — II

IMF and the budget 2020-21

APTMA Ad, “APPEAL”

TRIBUNE NEWS PAPER

Improving trade balance with China

Corona and lockdown of global economy

'Karachi receives just 3% of water available to Sindh'

EXPRESS NEWS PAPER

Federal Budget has ready of deficit Rs.3000 billon

Bank consumers do not share personal information on phone. SBP

Water crises is big problem for Karachi, Federal intervene. Firdous Shamim

Date:  June 07, 2020

DAWN NEWS PAPER

Pakistan saw highest inflation in the world during 2020: SBP

Customs reforms in the works

GOVT OF PAKISTAN, “Ad”

THE NEWS INTERNATIONAL

Govt yet to clear 60pc of exporters’ sales tax refunds: PHMA

PTBA recommends abolishing minimum tax for two years

Tax realities versus business expectations

Sindh collects Rs68.941bln taxes in 11 months

Rupee strength tied to restoration of IMF’s loan program

Budget to be finalised tomorrow with more focus on health sector

A new tax model

BUSINESS RECORDER

Govt to constitute ‘Data Protection Authority’

POL products’ shortage, Blame laid at the door of ECC

Cotton business likely to resume in middle of June

TRIBUNE NEWS PAPER

FBR to release Rs5m in refunds next week

Consumers receive inflated gas bills

On POL products: PTI govt mulls Rs20 per litre GST

NADRA, local govt department to install database links in UCs

EXPRESS NEWS PAPER

Proposed to imposed per litre Rs.20 GST on Petroleum product

Emirates announced to resume their flight operation to 29 cities

Date:  June 06, 2020

DAWN NEWS PAPER

RECORD NUMBER OF COVID-19 CASES, DEATHS IN 24 HOURS

KE CHARGES

RAZAK DIRECTS TO ACCELERATE EASE OF DOING BUSINESS REFORMS

PAKISTAN HAS SUFFERED RS2.5TR LOSS BECAUSE OF COVID-19

THE NEWS INTERNATIONAL

GOVT TELLS EXPORT INDUSTRY: NO RESTORATION OF ZERO-RATING REGIME

PAKISTAN’S EXPORTS TO JAPAN DROP 15.9PC IN Q1

TAX COLLECTION ON NON-CASH TRANSACTIONS PLUNGES 50PC

RUPEE STRENGTHENS

PCDMA DEMANDS FIXED TAX REGIME

BUSINESS RECORDER

3M JOBS COULD BE LOST IN ‘INITIAL ROUND’

RLNG/ELECTRICITY FOR TEXTILE SECTOR

BALGAMWALA URGES PM TO RESTORE FIXED TAX REGIME, SRO 1125

FPCCI VOICES CONCERN OVER LIMITING OF INCOME TAX REFUNDS TO RS5M

EMIRATES POST RESUMES SERVICES TO PAKISTAN

LCCI SUBMITS BUDGET PROPOSALS FOR FY2020-21

TRIBUNE NEWS PAPER

GSP-PLUS FACILITY TO CONTINUE TILL 2023, SENATE TOLD

BUDGET 2020-21: GOVT MAY LINK NADRA DATA WITH FBR

REGULATOR ORDERS OMCS TO SLASH HOBC PRICE

EXPRESS NEWS PAPER

GOVT. CONSIDER TO SHARE NADRA RECORD WITH FBR FOR HIDDEN ASSET

PROBLEM OF INDUSTRIALIST WILL RESOLVE (PERWAIZ AHMED)

Date:  June 05, 2020

DAWN NEWS PAPER

PM asks ministry to ensure revival of lockdown-hit industries

Two commercial centres, 22 industrial units and over 100 shops sealed

Exports fall again in May, but recover from April low

Reserves down on $1.7bn debt payments

THE NEWS INTERNATIONAL

Trade deficit narrows 35pc in May on resurging exports

FBR faces uphill task to meet annual revenue target

NTU Faisalabad, industrial partner make low-cost bulletproof vests

KCCI seeks across-the-board relief

Forex reserves fall $1.818bln to $16.920bln in May

Unemployment rate to surge to 9.56pc in 2020-21

Emirates to resume scheduled flights to Pakistan

BUSINESS RECORDER

Exports register massive decline

Textile sector, Govt urged to improve cash liquidity

Zero-rating for increasing formalisation

Impact of Covid-19 on economy, Businessmen promised a level playing field

Teli, Shahab ask govt to give relief to all sectors of economy

Restoration of zero-rating regime, Sialkot’s exporters reiterate demand

FBR’s directives

Country may receive 10pc more rains

Cotton spot rate remains unchanged

Forex reserves decline to $10.362bn

SEPA releases data on the eve of World Environment Day, Air quality of Karachi improves by 39pc during lockdown

Emirates to resume flights from Karachi, Lahore and Islamabad

TRIBUNE NEWS PAPER

Liquidity woes keep Pakistan's exports in check

Trade deficit shrinks 35% to $1.46b

Unemployment jumps to 8.53% in second year of PTI govt 

Pakistan may receive 10% extra rain this year

EXPRESS NEWS PAPER

Emirates announced to resume their flights operation for Pakistan

Price of Dollar reduced than Rupee

Date:  June 04, 2020

DAWN NEWS PAPER

With industry stagnant, govt aims for 2.3pc growth next year

T-bills see cut in yields

Policy focus now on growth, says SBP governor

Officials begin to take notice as petrol shortage worsens

FBR refunds Rs5bn to trader in one month instead of scheduled 10 years

K-Electric facing furnace oil shortfall

Cyber harassment complaints surged during lockdown: report

Sindh: vehicle tax

THE NEWS INTERNATIONAL

Strict lockdown if people continue SOPs violation: Shibli Faraz

Ginning factories halt operations in protest

State Bank indicates further policy moves amid lowering inflation

T-bills auction fetches Rs154.8bln

Foreign firms repatriate $1.194bln in 10 months

Rupee gains

BUSINESS RECORDER

Alarming rise in Covid-19 cases

PM for ensuring impact of reduced fuel prices on commodities’ prices

Income Tax Ordinance, FBR decides to introduce changes through Finance Bill

KCCI concerned over tax officials’ seeking more powers

Cotton spot rate falls by Rs100 to Rs8400

Canton Fair and CIIE, Mitigating the effects of Covid-19

P.H.M.E.A. Ad. “APPEAL”

TRIBUNE NEWS PAPER

Govt warns of lockdown if SOPs flouted

PM aide tells exporters to ship PPE

EXPRESS NEWS PAPER

If new tax imposed then economy will destroyed. Businessmen Panel

Karachi Chamber shows deep concern regarding information of cases reopen of taxpayers

Textile Export Sector reach on ruin, slam on FBR. Sulaiman Chawla

In Interbank value of US$ reduced 50 paisa

Date:  June 03, 2020

DAWN NEWS PAPER

Supply of petrol affected across country

FDI surges 127pc in July-April

Dollar continues upward journey

CDNS cuts rates on savings certificates

FBR Ad, “We BOC” for E-payment of duties/taxes by Importers & Exporters

THE NEWS INTERNATIONAL

Imported gas diversion to consumers by SNGPL: RLNG consumers to pay Rs73.848 billion

Law sought to stop undefined detention charges, demurrage

Profit rates on saving schemes slashed fourth time since July

Tax department seeks powers to reopen up to 10-year old cases

Rupee weakens

BUSINESS RECORDER

Exporters show concern over stuck-up liquidity

Punjab APTMA chairman urges govt to restore zero-rating

KCCI concerned over helplessness of importers, exporters exploited by shipping lines

Export of PPEs allowed by Cabinet

Ginners will not resume operations until demands accepted

High interest rates: a misguided policy for Pakistan

TRIBUNE NEWS PAPER

UK, Pakistan tax authorities at odds

Traders accuse shipping lines of exploitation

Govt overcomes gas crisis at a price

Govt cuts profit rates on saving schemes

EXPRESS NEWS PAPER

National Saving Scheme announced to reduction rate of profit

Karachi Chamber shows deep concern regarding helplessness of Imports & Exports

In Interbank $ reached at 164.89

Date:  June 02, 2020

DAWN NEWS PAPER

SCCI demands revival of zero-rated regime

Rupee slips Rs3.18 in three sessions

Inflation drops to 8.2pc in May

THE NEWS INTERNATIONAL

Budget 2020-21: IMF to be asked to slash FBR target from Rs5,103 bn to Rs4,800 bn

Businesses allowed to operate between 6am and 7pm from Monday to Friday

Private sector credit drops 53pc to Rs265bln in July-May

May inflation posts largest drop in 11 months amid coronavirus disruptions

Import tax collection falls 18pc to Rs51bln in May

Rupee depreciation far less than comparable economies: State Bank

Rupee extends losses

FBR sets up unit

SRB waives up to 100pc penalty

LPG prices reduced by Rs2/kg

BUSINESS RECORDER

Complete lockdown on Saturdays and Sundays

FY21 budget, Hafeez identifies govt priorities

FPCCI to survey effects of Covid-19

Five zero-rated sectors, NKATI urges PM to restore SRO 1125

Budget must give relief to industry: KATI

Cotton spot rate down to Rs 8500

Petrol price, 8.65pc benefit passed on against 32.86pc actual cut

OGRA cuts LPG price by Rs2 per kg

SRB announces Sindh Sales Tax Incentive Package

THE RUPEE: Rupee falls

CPI inflation eases down to 8.2pc YoY

Lubna may be appointed SBP’s ED FMU

ICAP for providing one-window solution to taxpayers

FBR sets up ‘tax information processing unit’

Pakistan Textile Exporters Association Ad,

TRIBUNE NEWS PAPER

Pakistan may end special tax system

Traders seek relief to boost exports

Sindh Revenue Board announces tax incentive package

Rupee settles at 164.08 against dollar

Inflation eases to 8.2% in May

Improving flight safety in Pakistan

Covid poses multidimensional challenges to economy: SBP

EXPRESS NEWS PAPER

Many Companies will be bankrupt, unemployment will increase, rupee depreciates, foreign exchange will reduce. Warning of SBP

In Sindh, permission granted for business activities from 6 a.m to 7 p.m

Sindh Revenue Board has announced incentive package for taxpayers

Cotton Ginning Industry has decided not to start their factories in current season

FPCCI announced to start survey on effects of corona

Dollar expensive 98 paisa, dollar reached at 164.08

Date:  June 01, 2020

DAWN NEWS PAPER

Prices of petroleum products reduced

A difficult budget

Banks are making huge interest income

THE NEWS INTERNATIONAL

Petrol price reduced by Rs7.06, kerosene Rs11.88, LDO by Rs9.37/litre

State Bank of Pakistan says extended lockdown poses risks to economy

Prayers begin in Masjid-e-Nabvi, Al-Aqsa mosque

BUSINESS RECORDER

APTPMA for export proceeds realisation with customs rebate refund

PRGMEA calls to exempt cotton yarn from all duties

Budget 2020-21: PCMAEA seeks incentive package for export sector

Sialkot Chamber demands freight subsidy

Field formations, PRAL: FBR detects major discrepancy in data

Taxes and duties collection: FBR witnesses growth of 7.7 percent in July-May

Petrol prices slashed by Rs 7.06

NCOC to launch 'no mask no service' initiative

Rapid surge in Covid-19 cases: Crucial NCC meeting today

Companies (Amendment) Ord 2020: PBC supports government, SECP

WEEKLY COTTON REVIEW: Business remained low after Eid holidays

Pre-budget 2020-21 random thoughts - I

FBR must use all available data sources

TRIBUNE NEWS PAPER

Covid-19 in Pakistan: The quintuple whammy

Govt slashed petrol price by Rs7 per litre

FBR increase tax collection target for June to Rs440b

EXPRESS NEWS PAPER

Govt did not transfer full benefit for price reduction of oil in the international market

First time P.I.A flight went to USA directly