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DATE MARCH 31 , 2019

DAWN NEWS

PM announces Rs162bn package for development of Karachi

PM inaugurates Lahore-Karachi Jinnah Express

`China sees CPEC as a way of creating free market`

Steady day on cotton market

Collectorate fears revenue loss after Urdu label condition

Pak Suzuki raises car prices again

  THE NEWS

For $12 bn IMF bailout: MPC or new body to determine dollar-rupee exchange rate

FBR faces massive shortfall of Rs317 bn

Governor Sarwar calls for resolving traders’ issues

Pak Suzuki to hike prices of four-wheelers by Rs10,000 to Rs100,000

    BUSINESS RECORDER

Rs162bn package for Karachi announced

July-March: FBR revenue collection reflects Rs317bn shortfall

APBF, PTEA sign MoU to promote trade & industry

Faisalabad Expo-2019 opens in Lahore

e-filing of tax returns: FBR urged to extend date

Fixed tax scheme for traders likely next week

SBP hosts seminar on ‘Internal Audit’

Business activity falls on cotton market

THE RUPEE: Dollar rises

Pak Suzuki Motors increases vehicles prices

PM inaugurates Jinnah Express train

Business leaders hail PM’s Karachi Package

Mercury soars to 39.5° Celsius in Karachi

Dealing with the energy mess

     DAILY EXPRESS

July to March 18 lac new Tax filer included, but revenue collection still shortfall Rs.309 billion

Federal Budget 2019-20 likely to impose Rs.150 billion new tax


DATE MARCH 30 , 
2019

DAWN NEWS

Key interest rate hiked as economic slowdown continues

Govt set to announce another hike in petroleum prices to fill up revenue gaps

Massive drop in foreign assistance, only $2.94bn received in July-Feb

Rupee’s slide continues

Active buying on cotton market

Warning issued for extreme heat during next three days

‘Pakistan will become a water-scarce country by 2025’

  THE NEWS

Rupee slide to keep inflation upward

Ogra seeks over Rs11 per litre hike in petrol, diesel prices

Economists, business community react sharply over interest rate hike

Petroleum Division clarifies news item

Rupee slide continues, hits fresh low

Dollar inflows from traditional lenders decline

FBR sets up new offices to check offshore transactions

IMF to review PBS methodologies

    BUSINESS RECORDER

Policy rate hiked to 10.75 percent

KE seeking to get additional 500MW from K2, K3

Massive increase of up to 12.8 percent in POL prices recommended

Uplift schemes announced: PM breaks ground for new Gwadar airport

ST refunds bonds: FBR issues new Guidelines

Saudi Arabia, Malaysia offer LNG at cheaper rates: minister

$ appreciates further

KCCI fears hurdles in business activities

Hike in interest rate termed ‘government’s blunder’

‘Egyptian trade delegation to visit Pakistan next week’

Experts term government’s estimate of 5.6 percent fiscal deficit ‘unrealistic’

Government’s projected Indicators

National Disaster Response Plan 2019 launched

     DAILY JANG

F.B.R first time issued notification to setup 3 new Director General

Prime Minister will inaugurate today nonstop train Lahore to Karachi


DATE MARCH 29 , 
2019

DAWN NEWS

Chinese firm upset over delay in KE acquisition plan

IMF bailout package likely by mid-May, says finance minister

APG dissatisfied over Pakistan’s compliance with commitments

FBR halts raids on business premises

SBP sets up desk for foreign exchange matters

SBP reserves jump

Slump on cotton market

Call for ‘independent’ KWSB to overcome city’s water problems

FBR & CNIC

  THE NEWS

15 conditions: Pakistan to file fresh report with FATF by April 15

FBR seeks Benami accounts’ details from SBP

Rs25 bn loss may be passed on to gas consumers

Finance minister to chair 9th NFC Award meeting today

Govt to launch Rs200bln second Sukuk to ease power debt

Pakistan’s emerging-market status just got into big trouble: Bloomberg

Technical body formed to determine weight-carrying capacity of heavy vehicles

Time to get worried of the curse of increasing joblessness

‘Pakistan, Afghanistan must shun politics to improve trade’

Forex reserves rise to $17.58 billion

K-Electric seeks clarity on ZRISP

Bank branches to remain open

Zero-rating facility suspended

Met Office forecasts hot weather during daytime until Monday

    BUSINESS RECORDER

FBR suspends raids on business premises for 15 days

Benami accounts: SBP to provide information from April: FBR

LSE moot underscores need for promoting quality education

Facilitation desk set up at SBP

FBR offices to remain open today

FBR’s revenue shortfall stands at Rs 236 billion in just eight months

TDAP informs Senate body: BD’s visa restriction main hurdle to entrepreneurs

Chinese firm to invest $1 billion in garment sector

Fiscal year 2018-19: Country receives $2.941 billion foreign aid in eight months

Heavy vehicles load limits to be set taking KCCI, others on board: Siddiqui

Shanghai Electric team meets Khusru Bakhtyar

     DAILY JANG

Crackdown will be against Water theft, MD Water Board

     DAILY EXPRESS

State Bank will announce monetary policy today for next 2 months

Electric billing is not accurate for Karachi Industry. Salim Parekh



DATE MARCH 28 , 
2019

DAWN NEWS

FATF affiliate not happy with steps to block banned groups funding

No change in limits, tax on withdrawals: minister

ECC okays additional LNG imports, committee to oversee pricing issues

FBR recovers Rs5.2bn from tax defaulters

Industrialists complain against KE

Monetary policy on 29th

False starts, faltering economy

  THE NEWS

Only taxpayer should pay tax on mobile phones: SC

IMF finds Pak negotiators tough

FBR recovers Rs3.4 bn in crackdown against tax evaders

CCoE asks Petroleum Division to submit monthly report on UFG

Seven Emiratis, five Indian expats in Forbes’ list of 2,153 billionaires

Tariff questions

State Bank expected to act modestly in March policy review for want of growth

FBR recovers Rs5.7bln through freezing corporate bank accounts

Tax offices to remain open on 30th, 31st

SAI slams inflated electricity bills

‘Make cotton profitable to achieve 15mln bales target’

‘Branchless banking fast developing’

Importer held for misdeclaration of items worth millions of rupees

Tax commissioner rejects inquiry report

    BUSINESS RECORDER

Bank withdrawals: no change in cash limits or tax rates: Hammad

Broad government – IMF agreement still elusive?

MPS on Friday

SITE body, KE at loggerheads over implementation of SRO

SCCI rejects proposed hike in gas tariff

Proposed tax amnesty scheme discussed at FPCCI meeting

Businessmen for early clearance of consignments at ports

SBP takes dimmer view of economy

Trade officers: putting the job before the task

Cash economy

KTM celebrates golden jubilee foundation day

Interest rates: No rationale for hike 

     DAILY JANG

Govt favours tax, tax on mobile only will be paid by tax payers. Supreme Court

Dialogue with IMF, Pakistanis stick at their stance

Neither agree with report nor want to talk. Tax Commissioner

Imposition of SRO 237 more than 300 containers waiting at Karachi port for clearance

F.B.R banned sale & purchase of benami properties


       DAILY EXPRESS

F.B.R obtained Rs-13.5 billion from tax evaders

Waiving of surcharge of Rs-70 crore on lying goods at ports approved

Activation of F.B.R Refund Settlement Company (Pvt) Ltd approved



DATE MARCH 27 , 
2019

DAWN NEWS

Power tariff to be gradually increased by over Rs2 per unit: minister

Reform programme discussed with IMF officials

Govt admits messing up gas bills, will restore slab benefits

Another tax amnesty scheme being prepared

Punjab to get rid of business-unfriendly laws to encourage investors

Descon, CGGC awarded Mohmand Dam Project

French delegation due next month

Pakistan opens airspace for all flights

Careem to continue operation after acquisition by Uber

‘Water commission needs to be re-established’

IO issued notice for failing to file charge sheet against Sepa director ‘involved in Rs19m graft’

T.D.A.P Ad, Trade Delegation to BRUNEI June 09-12, 2019. Last date to apply: April 10, 2019


  THE NEWS

Pakistan shares compliance report with FATF team

Gas, electricity prices to be increased gradually: Asad Umar

Govt to raise Rs2 per unit on power tariff to collect Rs200 bn

Newly-notified Banking Mohtasib’s oath-taking could not be held

Police book ex-administrator Karachi for threatening on-duty cops

FBR advises markets on returns filing

FPCCI organises forum on SEZs

A rich Muslim’s expense on Umrah, marriage can teach 0.3m poor kids

Tax on export income up 19 percent in July-February on rupee rout

TDAP calls for trade normalisation with India

‘Impression that UK politicians live with simplicity wrong’

Uber to buy Mideast rival Careem for $3.1 billion

More gas hike?

    BUSINESS RECORDER

Trade projection for five years: Government envisages bringing C/A deficit to below 1.3 percent

NOC condition for foreign tourists waived

Power tariff to go up by Rs 2 per unit

Gas utilities to reimburse consumers for inflated bills

Exchange rate mechanism: Questions raised about methodology

Kardar holds IMF responsible for tax distortions

Bahria Town offer found to be about Rs 100 billion more than amount calculated in judgement

Refunds through bonds: FBR to assess number of claimants

FBR will relax major condition for oil E&P companies

IMF programme – just around the corner

FCCI chief for internationalising brands with Italy’s help

Textile Asia open at Expo Centre

Financing facility for special persons

The menace of gas theft

Government’s approach to IMF bailout

Reforms in FBR must for boosting revenue: PAC panel


     DAILY JANG

Meeting with IMF Mission Chief, Electricity, Gas prices will be enhanced further in installments. Finance Minister

In next few months consumers will bear burden of Rs-200 billion on account of expensive electricity. Omer Ayub

Review slabs of Gas consumers. Petroleum Minister

New SMES policy being farmed to give boost for middle sector business

Stable economy on the way


       DAILY EXPRESS

What will be effects if Pakistan name included in Blacklist ? Govt will carry out research

Pakistan’s financial requirement in next 2 years will be volume of 50 billon dollar likely to reach

Electric tariff will increase further by Rs-2/- Omer Ayub

Karachi have to progressed for Pakistan’s Economic Stability. World Bank

R&D saved national kitty by Rs-38 lac loss

Growth of value addition is a must for country. Secretary T.D.A.P

Engineering curriculum should be prepared according to requirement. Experts

Challenge to come out from economic crisis  


 


DATE MARCH 26 , 
2019

DAWN NEWS

Pakistan eyes package as IMF mission chief arrives today

Pakistan, EU agree on new strategic engagement plan

State Bank slashes growth forecast, again

Ease of doing business likely to improve further: BoI

Minister hints at discovery of large oil, gas reserves

Gas price increases

  THE NEWS

FATF set to evaluate Pak performance

Strategic partnership: Pakistan, EU to cooperate against terror outfits

SBP further cuts growth outlook to eight-year low

Pakistan gets $2.2bln commercial loan from China

SNGPL, SSGCL seek hefty tariff hike from next fiscal year

New tax amnesty scheme discussed

Met Office not expecting record heatwave this year

Economic reforms: Part - XLVII

     BUSINESS RECORDER

SBP sees FY19 growth slowing to 3.5-4.0 percent

Five-year strategy: FDI projected to soar to $7.4 billion by 2023

CPFTA talks likely to be rescheduled

BoP support: Country receives $2.2 billion Chinese lending

Off Karachi coast: PM upbeat about likely discovery of ”massive” oil, gas

FATF affiliate arrives; talks today

SRO 237: KCCI seeks notification carrying July 1 as implementation date

EAC’s recommendation

Extent of ‘decent work’ in Pakistan

Availing ST refunds through bonds: FBR will take date extension decision today

Agriculture tax: EAC proposal on transfer of collection to FBR opposed

Loan from China – welcome change

     DAILY JANG

4 Officers name for Secretary Commerce under consideration

2.10 Billion dollar from China received, forex reserves increased by 17 billion

Decision to introduce soon new amnesty scheme

Sales tax refund claims submitted up to 25th March will be paid first

Saudi citizen and expatriates can bring relatives for Ummrah

Visiting timing for ladies changed at Roza-e-Rasool (Peace Be Upon Him)

       DAILY EXPRESS

Economic growth will be 4% inflation will be beyond control. State Bank, 2nd quarterly economic report

Investigation of money laundering decision to empower subordinate organization

Rupee to be deprecated, electricity to be more costly, agreement with IMF will be executed. Govt

World Bank satisfied, steps taken on Doing Business ranking likely to be improved

 


DATE MARCH 25 , 
2019

DAWN NEWS

Team from FATF affiliate due today

Up to 145pc rise in gas prices sought

Towards a clean and green Pakistan

Understanding the benami law

Lessons from Malaysia

  THE NEWS

Govt to give SBP more autonomy

Race on to be world’s first trillionaire

It’s the Economy, Stupid’

Emulating Malaysia

     BUSINESS RECORDER

First-ever NTP to be submitted to cabinet

FTO probes ”misuse of authority” by FBR officials

FATF team arrives today

Tax revenue issues

Fasting beneficial even for diabetics: experts

     DAILY JANG

Pakistan will get today from China 2 billion 10 crore U.S dollar

Restriction on raid in business premises   

OGRA Public Notice with regard to SNGPL proposed fixation of price 

       DAILY EXPRESS

Carpet of 10 million flowers at Macca

 


DATE MARCH 22 , 
2019

DAWN NEWS

Pakistan may soon hit oil, gas jackpot: PM

$900m agreements with Malaysia to be signed today

Pakistan among top 20 gainers on World Happiness index

Pakistan has highest gender wage gap in world

Pakistan gets $1bn Chinese market access for rice, sugar, yarn

Foreign investors’ refund claims soar to Rs65bn

State Bank reserves jump $715m

Currency notes of Rs20 and above contain Braille features: SBP

Sindh govt plans to regulate real estate business

Wedding halls to close by 11pm

  THE NEWS

Bureaucracy making life difficult for govt

China to provide $2.1 bn deposits

Pakistan, Malaysia to sign $900mln business-to-business deals

Export or expire: there’s no other way to break the deficit cycle

FBR to resolve industry’s issues

Forex reserves rise to $15.709 billion

     BUSINESS RECORDER

Economy, jobs, FATF major challenges: PM

No room for complacency

CPFTA-II to help provide greater market access

CD in a fix over appointment of TDAP’s CE

Challenges for budget makers

     DAILY JANG

Interaction with country’s chamber, F.B.R office formed to resolve issues

India de graded by 7 points amongst prosperous countries list

Rupee in comparison to dollar

       DAILY EXPRESS

Additional import of CNG expected today from Qatar

World Bank mission arrived in Pakistan to review ease of doing business

China will give Pakistan commercial loan of 2 billion 10crore dollar

 


DATE MARCH 21 , 
2019

DAWN NEWS

Nothing changes without structural transformation

Dagha to take charge as finance secretary

FBR issues instructions for measures introduced in Finance Supplementary Act

New secretary finance

Threat of floods

  THE NEWS

Govt removes acting MD Sui Northern for inflated bills

Dagha possesses varied experience

Govt reshuffles SNGPL’s top management on overbilling inquiry

SECP holds awareness sessions on ease of doing business

Start saving water as countdown is on and every drop counts’

     BUSINESS RECORDER

Increase in water usage charges: Proposal endorsed by ECC

Government urged to appoint TDAP chief executive on merit

1700cc and above: FED imposed on locally-made cars and SUVs

What’s going on?

Improvement in C/A deficit

Kill only one bird with one stone!

Mahmood Zia named acting MD SNGPL

     DAILY JANG

No fund option of subsidy ends strict and difficult decisions being taken. Advisor Commerce

Prime Minister will not accept summary of enhancement of gas price by 41%

Implementation on visa Ummrah online will being from next Ummrah season. Muhammad Bin Badi

       DAILY EXPRESS

Huge tax evasion detected in clearing consignment from customs

Careem and Uber entrance banded at Karachi Airport

 


DATE MARCH 20 , 
2019

DAWN NEWS

330MW unit of Thar power station begins trial run

Cabinet decides to sell off property of federal ministries

Pakistan can face ‘super flood’ this year, NA body told

Sustaining growth: the investment challenge

FBR defines benami transactions

LCCI for early release of refund claims

Acute shortage of quality cotton

SCB allowed to establish yuan clearing mechanism

PIA online sales

More tax reversals

  THE NEWS

Asad on Economy: Army can’t be blamed if policies are wrong

Benami properties, transactions: Authorities asked to establish cases

Standard Chartered allowed to facilitate Yuan clearing, settlement

State Bank to stay vigilant despite stable inflation’

WHT collection increases to Rs11bln in July-February

LCCI seeks early release of refunds

Fire destroys cotton warehouse in Shershah

Karachi among top 10 cheapest cities of world

Indian traders split on Chinese products

Increasing Exports: Govt consults trade bodies for trade opportunities

Revival of industrialisation

Let’s grow the economy

     BUSINESS RECORDER

Autonomous bodies, Ministers given powers to appoint heads

Lot of work has been done to bring about reforms in FBR: Umar

FBR, provinces agree on harmonisation of taxes

Airspace restrictions keep routes closed, carriers off balance

Textile troubles: size matters; so does organization

Power: generation down, cost up

Safeguarding local businessmen’s interest top priority: Razak

F.B.R Public Notice, Sale Tax Refund Claimants

IMF's possible tax-to-GDP demand, Tough decisions await govt in forthcoming budget: Pasha

APPMA proposes 9pc ST, 3pc WHT & uniform 5pc customs duty

Decline in trade deficit attributed to decrease in imports

LCCI for immediate release of refund claims

Ministry takes special initiative to maximize outreach to businessmen’

IMF’s conditionalities

Policy measures for enhancing textile exports

     DAILY JANG

Indian  Traders annoyed with China on helping Pakistan, products burnt away

Formation of National Tax Collection Agency cannot come under consideration in council of common interest. Chairman

       DAILY EXPRESS

Closure of Air Space further extended till Today new notification issued

Blockade of 50 top evaders, house to house survey decision to arrest

 

 


DATE MARCH 19 , 
2019

DAWN NEWS

Govt believes $11bn stashed abroad by Pakistanis

Two probes into Karachi water project shortcomings ordered

20 including two bank managers booked Textile miller among seven held for tax evasion

Govt making efforts for stabilising economy: Dawood

For a prosperous Pakistan in 2047, invest in human capital now

Foreign airlines to launch operation from Pakistan soon: minister

Economy to slow further in ‘calibrated moderation’, says SBP governor

Cotton production falls 7pc

Power shutdowns planned

  THE NEWS

IMF team to be invited for talks next month

Pakistan, IMF agree on policy direction’

Show no leniency to tax evaders, finance minister directs FBR

No tax magician can pull rabbits out of a hat riddled with holes

Return filers increase to 1.74mln

FBR preparing largest tax evaders list’

PYMA rejects valuation ruling

The economy in decline

Economic reforms: Part - XLVI

     BUSINESS RECORDER

Trade with India could increase 18-fold: WB

Pakistan economy to remain ”business as usual” even in 2047?

Import of engineering goods: Controversial SRO 827(2001) to be amended

FBR reforms, agriculture sector top cabinet agenda

Mahathir’s visit: Pakistan, Malaysia may sign various MoUs, business deals

SBP governor explains why stability became priority over growth

Govt urged to revisit FBR powers

Fire suspends business activities at FTC building

Non-taxpayers must be fixed up to widen tax net: trade bodies

Increase in gas tariffs proposal

Slow growth in exports

     DAILY JANG

Billions of bailout package of IMF, Pakistan ready to convert interest rate on the basis of markets flexible interest rate

Details of each tax evader are available, not capable to handle data. Chairman F.B.R

Pakistan’s airspace closed further for 24 hours

23% current account deficit reduced in 8 months during current year. Ministry of Finance

Installation of Treatment Plant IV contract could not be finalized

Tax collection dismay circumstances

       DAILY EXPRESS

Punjab Revenue Authority decision to use drone to stop tax evasion

Tax Laws & Policies being made simplify. Chairman F.B.R

 


DATE MARCH 18 , 
2019

DAWN NEWS

Naming the benami deals and assets

Textile waste

  THE NEWS

FBR facing record shortfall of Rs485 bn

Perception about Pakistan changed: ICC chief

Now or nowhere

Unsafe sites

Visa warnings

     BUSINESS RECORDER

Power losses to zero: PD directed to prepare comprehensive plan

FBR estimates tax gap of ST, IT at 65pc, 57pc respectively

BMP urges govt to revisit FBRs power of arrest

FDI plummets and diversifies

Deferred payment facility for UAE oil

Promoting tourism

Fire erupts at FTC building

     DAILY JANG

Shortfall in tax collection of Rs-233.2 billion during 8 months

Picking of industrial waste is not our responsibility. M.D Solid Board Management Board

Most expensive perfume of the world introduced in Dubai

Come out from grey list

An overview of country economy

       DAILY EXPRESS

 


DATE MARCH 16 , 
2019

DAWN NEWS

Textile exports inch up

Industry gas supply likely to improve’

C/A deficit shrinks by 59pc in February

Economists sound warning over India data ahead of poll

  THE NEWS

FBR extends 2018 tax returns filing date till 31st

Pakistan in talks with China for another $2 bn deposits

Pakistan, ADB agree to implement $6bln loan program

FDI falls 23pc to $1.6bln in July-February

TDAP urges exporters to invest in latest technology

Foreign exchange manuals updated

Late filers to be included in active taxpayers list: minister

A booming industry

Tax on plastic

     BUSINESS RECORDER

February exports decline 7.54 percent

FPCCI for including returns filed after Dec 31 in taxpayers list

March 31 new deadline set: late filers and non-filers given last chance

FBR initiates crackdown against non-filers in Karachi

FDI declines by 22.6 percent in eight months

Gas supply to industries likely to improve by end-March: Wasim

SNGPL, SSGC directed to adjust inflated gas bills by June 30

Bailout package: new mission chief of IMF due on March 26

Country being opened for the world

     DAILY JANG

U.A.E apologized to give oil on loan, efforts to get 2 billion dollar from China

48000 bank accounts of Bank of Punjab hacked

Foreign investment decreased by 74.8% during 1st 7 months of fiscal year 2019

Green tea also removes fatness. Research

      DAILY EXPRESS

Non-filers given facility to enter in active list

60% reduction in current account deficit in February. State Bank

Preparation to increase Electric tariff by Rs-3.26 per unit

 


DATE MARCH 15 , 
2019

DAWN NEWS

PM unveils ambitious plan to boost tourism

After chasing 400 foreign bank accounts for five months, FBR recovers $1.2m from one case

New tariff policy to boost industrialization

Largest hosiery producer goes public

Reserves up

Massive outage adds to growing Facebook woes

Govt asked to explain law on harassment of women at workplace

US report raises questions about governance in Pakistan

Need for a new FBR

Industrial sewage

  THE NEWS

Modi govt under pressure ‘Boycott China, Chinese goods’

Pakistan opens doors to the world

FBR receives details of 152,000 offshore accounts

India wants visa-free entry for 5,000 pilgrims daily

Heavy fog across UAE causes flight diversions, road crashes

Visa free

LSM posts 2.3 percent decline in first seven months

Non-filers not exempted from income source probe

Exporters receive Rs6.9bln in tax refunds last year

Share of SME finance may go up 17pc by 2023

Forex reserves rise to $14.965 billion

LCCI slams raids on business premises

FBR assures facilitation to importers

     BUSINESS RECORDER

PM launches online visa policy

Trade performance: NA body seeks in-depth analysis from commerce division

July-January 2018-19: bed-wear textile export posts four percent growth

Faisalabad may help stabilise economy by multiplying exports: Adrees

Benami Act has overnight effect on other laws

18th Amendment could become ineffective

Foreign reserves increase to $14.965 billion

FTO helps in getting released Rs 6.89 billion tax refund claims of exporters

SBP supporting SMEs for business expansion

Nothing wrong with a new tax agency

     DAILY JANG

Dubai becomes top country in investment

Dollar again crossed to Rs-139/-

India Businessmen reserved shares worth 7.5 billion dollar for needy people

Foreigners now can purchase residential and commercial properties in Qatar

Visa Policy: Nadra achived targets within 2 months

Good News for Gas Consumers

      DAILY EXPRESS

PIA got green signal to operate flights for U.S.A

27 Pakistani companies participated in Inter-Textile, Shanghai

 


DATE MARCH 14 , 
2019

DAWN NEWS

REMITTANCES UP BY 12PC DUE TO STEPS AGAINST MONEY LAUNDERING, PM TOLD

WORKERS` BENEFITST

MOMENTUM AGAIN BUILDING BEHIND CPEC

BENAMI ACT RULES NOTIFIED

POWER FIRMS SEEK TARIFF HIKE TO ADJUST RS202BN

GOVT RESTRUCTURING ECONOMIC FUNDAMENTALS: ASAD

REFORMS TO MAKE FBR EFFECTIVE

OBSTACLES TO STARTUP INVESTMENTS HIGHLIGHTED

ACTIVITY PICKS UP ON COTTON MARKET

BUSINESS COUNCIL WITH TURKMENISTAN TO BE SET UP

RISING INFLATION, HIGH FISCAL DEFICIT BIGGEST CHALLENGES: UMAR

  THE NEWS

PROGRESS PUSHES PRICES SKYWARDS

FOREIGN EXCHANGE REGULATION ACT TO BE AMENDED

PAK-INDIA AIRSPACE CLOSURE: NATIONAL INSTITUTIONS SUFFER RS2.55 BN LOSS

NO IMMUNITY TO CLOSE RELATIVES UNDER BENAMI ACT

IMF PROJECTS $19 BN NET FINANCING GAP IN PTI ERA

VERTICAL EXPANSION

LONDON BUSINESSMAN ON ECL, UNABLE TO LEAVE PAKISTAN

     BUSINESS RECORDER

MINISTER BRIEFS NA BODY

GROWTH TO SLOW TO 4.4PC: FITCH SOLUTIONS

GAS SUPPLY SCHEMES

TAX RECOVERY FROM OFFSHORE INCOME

CUSTOMS ACT, 1969

SINDH PA SLAMS RAISE IN GAS, POWER AND PETROLEUM PRICES

IGCEP SUBMITTED TO NEPRA

BUSINESS LEADERS SUMMIT

OMAR BRIEFS EU ENVOY ABOUT NEW RENEWABLE ENERGY

NO RESTRICTION ON IMPORT OF MOBILE DEVICES: PTA

SINDH GOVT URGED TO TAKE NOTICE OF HEAPS OF GARBAGE IN SITE

TARIFF RATIONALISATION

GOVT COMMITTED TO BRINGING REFORMS IN FBR: HAMMAD

SBP URGES SMES TO BENEFIT FROM FINANCE POLICY

TIME FOR RECONCILIATION IS NOW

FDI DECLINE

MOF CLARIFICATION 

     DAILY JANG

 

      DAILY EXPRESS

 


DATE MARCH 13 , 
2019

DAWN NEWS

Collection in dams fund hits Rs10bn mark

Govt entities get Rs10bn supplementary grant

Senate panel slams FATF for discriminating against Pakistan

Foreign assistance target slashed to $5.6bn

Trade deficit dips 11pc in eight months

Trade body accuses FBR of harassment

Another $1bn from UAE lands

Over 90,000 selected through balloting for Haj

World Bank funds

TOYOTA Ad, Public Notice

  THE NEWS

Islam doesn’t allow illegal mosque extension: SC

UAE offers long-term visa framework

Trade deficit narrows 11pc to $21.5bln in July-February

External pressures continue to weigh on forex reserves: Moody’s

The big economic ditch

Make trade, not war

    BUSINESS RECORDER

PM welcomes investment from Germany

PM hints at creating agency parallel to FBR

Exports, imports decline in February

$1 billion received from UAE

Upward revision of gas tariffs: Umar gives go-ahead to PD

FPCCI accuses FBR of resorting to ”draconian” measures

FPCCI urges PM to take notice of raids being conducted by FBR

Arfeen named KCCI body’s vice chairman

Government urged to introduce simple and single tax system

FBR to upgrade Data Centre

Poor performance of FBR

Gas prices: another revision on the cards?

     DAILY JANG

There is no way out except reforms in F.B.R. Imran Khan

Imported mobiles expensive

Property purchases in the name of grandfather & father issues will not be claimed as benam

      DAILY EXPRESS

Govt efforts to enhance exports started giving results

Financial Taskforce & Govt’s Preparation


DATE MARCH 12 , 
2019

DAWN NEWS

Investors approach PM after worries over changing policies

Efforts on to modernise corporate sector: Asad

Total debt jumps to Rs27tr

Remittances soar to $14.4bn

Provinces demand limiting of FBR powers on sales tax

Govt implements Benami Act

Regulatory duty on mobile phone import restructured

Taxing agriculture

Labour hazards

  THE NEWS

India lobbying to get Pakistan blacklisted by FATF: Asad

Benami Act Rules 2019 enforced

Hajj applications balloting today

Turkish envoy for increasing trade with Pakistan

Business Summit 2019 to start on 13th

WB’s positive assessment to help attract investment: FM

APTMA, Tajik company sign MoU

FPCCI appoints water body convener

Piler demands enforcement of safety law for labourers

Economic reforms: Part XLV

    BUSINESS RECORDER

FY2018-19: Foreign investment plunges by 74.8 percent YoY: report

Finance bill becomes Act after certain amendments

Benami law goes into effect

Textile, other items: government urged to resolve anti-dumping barriers in Turkey

Tax collection machinery: FBR plans to raise tax-to-GDP target

India used FATF platform against Pakistan: Asad

Benami accounts adjudications: Rs 1,000 fee fixed for appeals to FAT

Next Secretary Finance: Three names being contemplated

New FBR — yes please!

External debt exceeds $100 billion

Gas prices to be revised upward

     DAILY JANG

Benami Properties, accounts will be forfeited, F.B.R got power

During one month all previous record of inflation broken. The Economist

      DAILY EXPRESS

Will continue support to Pakistan for G.S.P Plus. Germany

Germany decided to declare 10 countries including Pakistan as safe    


DATE MARCH 11 , 
2019

DAWN NEWS

Obituary of  Late Iqbal Ahmed Qureshi (Regal Textiles Industries)

Red tape blamed for delay in release of $2.3bn by World Bank

Mini-budget: still a work in progress

Business confidence at a crossroads

Stop-gap measures are no shield against gas crisis

Peace must for external account balancing

Who will foot the bill?

Inflation in Pakistan

  THE NEWS

Promotion of industrial sector prime objective’

Reducing losses in the energy sector

High on borrowing

Cleansing Augean stables of FBR

    BUSINESS RECORDER

First 4 slabs domestic consumers, Gas tariff to be revised upward

KE seeks additional 300MW from national grid

CPFTA-II may be finalised prior to PM’s China visit

China will not devalue renminbi to spur exports: central bank chief

ATIR explains what constitutes bad debt

Hajj balloting under govt scheme tomorrow: ministry

Country’s economic outlook improves significantly: PBIF

Ogra allows 6.9pc UFG to SNGPL

Uptick in inflation

     DAILY JANG

F.B.R not dissolved by giving autonomy performance will be visible

      DAILY EXPRESS

 


DATE MARCH 09 , 
2019

DAWN NEWS

Razak to woo investors in Doha moot

A new FBR: miles to go...

Women clamour for 25pc seats on corporate boards

IPO fees revision

Murad says provinces face financial crisis due to poor state of national economy

  THE NEWS

FATF adds three more conditions for Pakistan to comply with

FBR going tough on real estate sector to meet tax targets

Military saris in vogue in India

Workers minimum wages increased to Rs16,500 in Punjab

Double taxation termed major impediment to economic growth

Industries Regulation Authority Punjab on the cards

Pakistan Banao Certificate attracts lukewarm demand with $20 million sale till February

External debt rises Rs1.3trln to Rs9trln till Jan

Exporters seek help to normalise trade on Attari-Wagah border

KCCI hails PM’s FBR overhaul plans

SAI lauds government’s policies

    BUSINESS RECORDER

FY2018-19, Rs57bn revenue shortfall witnessed in first 6 months

New tax authority’, FBR officers express mixed reaction

Punjab govt plans special labour cards to industrial workers

Shanghai Home Textiles-Autumn Edition, TDAP to setup Pakistan pavilion

Appointment of trade officers abroad

Economy at the crossroads  II

Reforming FBR: KCCI president hails PM’s statement

     DAILY JANG

Pak – Turkey Trade

State can not run without Tax

      DAILY EXPRESS

Airspace restriction airlines considering to increase fare

Taskforce formed to formulate 5 year Textile Policy

Karchi chamber hailed reforms in F.B.R

Difficulties of industrialists increased due to inflation, country will become strong due to strong economy. Danish Khan

 


DATE MARCH 08 , 
2019

DAWN NEWS

Imposition of water cess not aimed at hurting industrial units: SC

Banks to receive Haj applications tomorrow

As revenue shortfalls bite, PM beseeches business leaders to pay taxes

Private sector borrowing jumps 92pc

Reserves jump $80m

FBR asked to update ATL

  THE NEWS

New tax body to be formed if FBR fails: Imran

Turkey presents proposals to enhance bilateral trade volume

FBR nets Rs50bln undocumented properties in July-January

Tax the evaders, pinch the profiteers until compliance

Forex reserves rise to $14.956 billion

Women work more than men: study

    BUSINESS RECORDER

PM talks of ‘new’ FBR

There is no fiscal space left

Finance Supplementary (Second Amendment) Bill 2019, Amendment extends applicability of Super Tax beyond 2020

Values in multiples of Rs0.1m, FBR arm to refund ST bonds to exporters

PBIF asks govt to revisit all bilateral trade agreements

Forex reserves up by $140m

Extracted water from ground, Move to impose tax on water aimed at conserving the precious commodity: SC

Economy at crossroads — I

National SME Policy 2019 to focus on reducing cost of doing business

Passage of Second Amendment Bill

    DAILY JANG

Loan is increasing more than one billion 27 crore daily. Miftah Ismail

      DAILY EXPRESS

Forex reserves increased by 14 crore 4 lac dollar

 


DATE MARCH 07 , 
2019

DAWN NEWS

Mini-budget passed amid opposition’s protest, boycott

Govt orders another probe into domestic gas tariff hike

PM approves first-ever national tariff policy

CAA issues notice for airspace closure

Finance bill ushers in sweeping ‘incentives’ for banks, industry and greenfield investors

1,290 firms registered in February

Industry demands separate gas lines

FATF action plan

Cellular packages

  THE NEWS

Govt to privatise 49 public sector concerns

First-ever National Tariff Policy approved

Discos facing Rs201.823 bn deficit: Govt set to pass on burden to end power consumers

NA approves second mini-budget

China to issue visas from Karachi from next month

Public debt swells 11.8pc to Rs27 trillion till January-end

Traffic diversion plan for PSL announced

    BUSINESS RECORDER

Bill passed to amend tax laws

Country does not have even 1,000 garment units, Senate body told

Tax amnesty: putting the cart before the horse

Cotton indicative price: exercise caution!

Textiles: the big picture

Secy TD raises issue of seniority in Senate body

The Finance Supplementary (2nd Amendment) Bill 2019

Separate gas line for SITE industries demanded

Economic stabilisation achieved!

    DAILY JANG

Govt borrowed Rs-9 trillion 28 billion during 4 months. Ministry of Finance

Govt decided to increase tariff by Rs-1.80 

      DAILY EXPRESS

Money laundering  of Rs-2 billion, tax evasion of Rs-6 crore detected

Industries should be provided gas through separate line. SITE Association

 


DATE MARCH 06 , 
2019

DAWN NEWS

Finance secretary warns of sanctions over FATF non-compliance

Senate body approves bill to simplify issuance of succession certificates

Exporters call for ease of tensions with India

Tackle black economy, says FPCCI in demand for another amnesty

WB declines funding for infrastructure

PM approves policy to appoint trade officers

New Delhi is world’s most polluted capital

  THE NEWS

Mohmand Dam project: Wapda okays award of Rs165.5 billion contract to Gezhouba-Descon JV

US visa fees, validity periods revised

Textile subsidies

Teaching discipline

Govt plans new amnesty scheme to boost industrial sector

Exporters to lose in discounting Duty Drawback Bonds

    BUSINESS RECORDER

Trade officers: PM approves 20pc quota for expats

Declarants of undisclosed assets: Business community seeks explicit protection: survey

US to end preferential trade status for India, Turkey

Opening up trade

Proposed amnesty scheme will be investment-friendly: FPCCI chief

PSQCA to shift its head office

Hike in prices of POL products

PLGMEA seeks clarity in Duty Draw Back Rules 2019

Time is of the essence

    DAILY JANG

Pak – India trade restricted up to Rs2 billion can be increased up to Rs37 billion

      DAILY EXPRESS

America decided to abolish GSP status for India

Exemption on withholding tax, decision to launch duty drawback Bond 

 


DATE MARCH 05 , 
2019

DAWN NEWS

Two trade expos postponed

Cotton production down 6.8pc

EOBI disburses Rs5bn pension, arrears

Governor’s Complaint Cell launched

Power sector pulls back from the brink as govt clears Rs200bn receivables

Flights resume from four airports after five days

Double taxation

  THE NEWS

Pakistan’s debt is rocketing

FBR launches action in 1,199 cases of offshore assets

PM orders refund of inflated gas bills to consumers

Indian chamber asks EU to revoke trade SOPs to Pakistan

OGRA slashes RLNG prices up to 5.97pc

Sales tax, FED collection slightly increases to Rs456 billion in July-February

Where there’s no political will, there’s no economic headway

Continuing challenges

To IMF or not to IMF? Part - II

Rising power

   BUSINESS RECORDER

Government takes step to avert grim FATF prospect

New amnesty scheme in the offing: PM meets businesspeople, seeks inputs

Pakistan Banao Certificates: 865 applications committing $19.7 million received till February 20

Finance bill: Government introduces recommendations made by Senate

Rise in transmission, distribution losses: RLNG prices cut for March

Business community fully aware of its responsibility: FCCI

KMBL pre-tax profit soars by 40 percent

Withdrawal of MFN status: tit for tat action against India ruled out

ECC’s approval today: SSGCL to be allocated 9mmcfd gas from Fazl X-1 field

FBR finds discrepancies during audit of several sectors

Readying for the IMF

FBR’s tax directory: the story of association of persons

    DAILY JANG

More than 8000 suspected transaction carried out from Pakistan during 2018

Action against 1199 offshore companies, 14 billion target fixed 6 billion tax deposited

Loan on Pakistan increasing continuously

Secretary Finance and Cabinet Secretary will retire on 21 march

Textile Industry Positive Steps

Do not make electricity further expensive  

     DAILY EXPRESS

F.B.R raids on textile mill record checked

Tomorrow is the last day of filing Haj applications, balloting will be done on Friday

Deduction on service charge on income tax, dispute between centre and provinces started increasing

Prime Minister sought recommendations in new amnesty scheme

 


DATE MARCH 04 , 
2019

DAWN NEWS

Govt to finance provision of gas, electricity to all SEZs

FATF pressure mounts on Pakistan as monitoring unit reports 8,707 suspicious transactions in 2018

Senate panel to discuss succession certificate bill tomorrow

Saudi cabinet approves tourism visa for foreigners

A case for mandatory business registrations

Hub Dam’s revival to allay city’s water woes

  THE NEWS

Power tariff needs 25.1pc hike to end losses to zero level

Govt set to extend Rs600 bn subsidised loan to textile sector

FPCCI pays tribute to PM, armed forces

To IMF or not to IMF?

An exemplary organisation

Rogue deficit

  BUSINESS RECORDER

High net worth individuals, Only Rs2.6bn collected by using third party data, info

FBR FY17 directory: ‘zero’ sum game

FDA, govt depts agree to regularize three industrial clusters: FCCI chief

Dr Ishrat’s book The Economy of Modern Sindh launched, Solution to Pakistan’s energy crisis lies in Sindh: Murad

    DAILY JANG

Govt will increase electric tariff from Rs12/- to Rs16/- per unit

Govt decide to provide enhanced subsidized loan to textile industry

Hajj applications reached to 126482

Pakistan Banao Certificate Campaign

     DAILY EXPRESS

Pakistan ready to accept IMF conditions

 


DATE MARCH 02 , 
2019

DAWN NEWS

Inflation rose to 8.2pc in February

Ogra notifies 22pc rise in gas price

Partial resumption of air cargo services

Indian economic growth slips to 6.6pc

  THE NEWS

FBR faces revenue shortfall of Rs237 bn

Ogra notifies: LPG price at Rs1,522.65 for 11kg cylinder

PM to name new finance secretary

Envoy for setting up Pak-German chamber to enhance bilateral trade

  BUSINESS RECORDER

Economy strong enough to defend the country: Umar

Review petition for ERR: Ogra approves Rs75bn extra revenue for gas utilities

Punjab, PM imposes ban on use of agri land for housing schemes

Senate panel for revisiting all FTAs

FBR updates ATL on its website

Business community slams Indian aggression across LoC

Consulate official invites KCCI to SelectUSA Investment Summit

T.D.A.P Ad, Intertextile (Home-Textiles) Shanghai – China August 28-31, 2019. Last date to apply: March 18, 2019

    DAILY JANG

17th Members task force committee formed to formulate 5 years textile policy

Financial benefit from gas should be given to Sindh. Chief Minister

     DAILY EXPRESS

Tense situation, Pak – India trade restricted to billion 25 crore dollar

OGRA sent summary to GOVT to enhance Gas price

 


DATE MARCH 01 , 
2019

DAWN NEWS

Closure of Pakistani, Indian airspace snarls flights across Asia

Prices of petroleum products raised by up to Rs4.75

FBR misses collection target by Rs235bn for eight months

No let-up in air passengers’ woes across Pakistan

US businesses optimistic about Pakistan’s economic future

Reserves edge lower

Industries must have effluent treatment plants as directed by judicial commission: minister

Low-cost interventions proposed to reduce cotton dust in factories

Back to renewables

Passengers’ ordeal

Doctor’s humiliation

Visa on arrival

  THE NEWS

Saudi Arabia to care for Pak pilgrims until their return

Pakistan facing 60pc shortfall in disbursements from lenders

US investors optimistic over business climate in Pakistan

India’s growth slows as headwinds emerge from Pakistan’

Forex reserves slightly increase

Tax initiatives

  BUSINESS RECORDER

Pakistan still uses ad hoc trade policy instruments: WB

Examining the ””””Duty Draw Back Bonds””””

Tensions ground thousands of air travellers

US businesses remain optimistic about future economic environment

PTEA chief for exploring export-boosting avenues

EFP delegation visits Philippines to establish effective trade links

PBC’s take on garment sector

Booth at airports: B category money exchange firms barred from seeking CAAs licence

Finance amendment bill amid grim conflict

Fixing the ailing tax system

    DAILY JANG

Notification issued with regards to increase in electric tariff by Rs-1.80 per unit

Pakistan share in world trade in only 0.13%

Tax notice to top 100

Support price of cotton

     DAILY EXPRESS

3 days IGATEX exhibition of garment and textile machinery concludes

Announcement action will be taken against persons not paying water board bills

U.K restriction on citizen not to travel Pakistan & India