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Date:  September 28, 2020

DAWN NEWS PAPER

The case of monetary policy

White lint limping on

THE NEWS INTERNATIONAL

Country to face gas deficit up to 1.5bcfd in this winter

BUSINESS RECORDER

Refunds under FASTER system, FBR directed to include non-zero-rated sectors

GIDC can hold urea sales

Lifeline, agri consumers exempted, Discos allowed to increase tariff by paisa 86/unit

‘Energy sector may take circular debt to Rs4trn by 2025’

‘Weekly Cotton Review, Prices continue to rise due to decline in production

TRIBUNE NEWS PAPER

Volatility in trade figures and pandemic


Date:  September 27, 2020

DAWN NEWS PAPER

Govt to automate Customs procedures

Dollar inflows thru banking channels jump

THE NEWS INTERNATIONAL

Banking deposits grow 18pc despite low interest rates

‘Debts of IPPs need to be restructured for 10-20 years’

BUSINESS RECORDER

KE raises points to protect exclusivity

Submission of tax refunds, KTBA urges FBR to extend deadline

KCCI chief assures businessmen of resolving their problems

Bullish trend witnessed on cotton market

Gold prices drop

TRIBUNE NEWS PAPER

Gas companies face many risks

EXPRESS NEWS PAPER

We will resolve the problems of traders & industrialists on priority

Inflation enhanced from 0.32 to 8.86%

FBR AD, Salaried Individual Taxpayers, “Filing Made Friendly”

Date:  September 26, 2020

DAWN NEWS PAPER

LNG prices rise

THE NEWS INTERNATIONAL

PBC seeks removal of cash margin requirements on industrial inputs

Tax machinery mixed up over status of exemption on imports

Private sector invited to procure 700mmcfd RLNG

‘17-kilometre pipeline needed to avert gas shortfall in Karachi’

Helpless Karachiites beg for mercy amid shortage of gas, water and electricity

KE pins blackouts on SSGC

Citizens express anger against KE on social media

Rupee gains

Gold rates fall Rs700/tola

BUSINESS RECORDER

Trade and industry, FBR body drafts form containing 11 major questions

Commercial importers demand status of industry

Sindh to face gas shortages in winter: PD

Ogra initiates SNGPL’s on-site audit

Cotton spot rate rises by Rs50 to RS8850

Gold down by Rs700

Gas load-shedding: new challenge

GAS SUPPLY CLOSURE ON SUNDAY INDUSTRIAL AND CAPTIVE POWER

TRIBUNE NEWS PAPER

K-Electric seeks 80MW more from national grid

Importers demand industry status

Inter-bank market: Rupee strengthens against dollar

Date:  September 25, 2020

DAWN NEWS PAPER

Sindh may face higher gas shortage this winter

Tariff hike for power distribution firms okayed

Karachiites endure power cuts in stifling heat as KE, SSGC play blame game

Govt estimates IPP talks could save Rs856bn over next decade

SBP eases cash margin curb on imports

Reserves fall

THE NEWS INTERNATIONAL

Electricity, medicine, ghee, milk prices up

Banks to share customers’ real-time data with FBR

Cash margin requirements for industrial imports removed

Adviser expects FY2020 growth estimate to worsen further

Minister blames Sindh for imminent gas shortfall

Govt kicks off project to promote international digital payment

Citizens, businesses suffer immensely as electricity crisis worsens in Karachi

Forex reserves fall to $19.9bln

Gold rates down Rs1,500/tola

FBR AD, Salaried Individual Taxpayers, “Filing Made Friendly”

Belly fat linked to early death, study finds

Google Maps will show number of Covid cases in your area

BUSINESS RECORDER

Sindh govt held responsible for gas shortage in Karachi, Gas sector circular debt swells to Rs250bn: Ayub

Nepra allows Discos to increase average tariffs by Rs1.62

SBP eases cash margin restriction on import of certain items/raw materials

Banks agree to provide accountholders’ info to FBR

New taxpayers, FBR to carry out field surveys

Dawood reviews progress in cross border e-Commerce procedures

Naqi Bari elected PRGMEA chief unopposed

Business activity remains steady on cotton market

Forex reserves down $55m

Business confidence turns positive

FBR’s statistics: a critical analysis — I

TRIBUNE NEWS PAPER

Budget deficit improves to Rs440b

Circular debt in gas sector jumps to Rs250b


Date:  September 24, 2020

DAWN NEWS PAPER

Duties withdrawn on over 163 tariff lines to promote man-made fibres

C/A sees another surplus in August

Govt raises Rs520.5bn from T-bills

Urdu tax return forms

Circular debt worries

THE NEWS INTERNATIONAL

Pakistan posts current account surplus of $805mln in July-August

SSGC cautions gas shortage to double as supply from five fields halts

No respite from loadshedding for residents of Karachi

90 days urged for return filing

Gold prices fall Rs700/tola

BUSINESS RECORDER

Textile sector, Removal of duties on 169 HS Codes approved by ECC

C/A balance stays surplus for second month in a row

CPPA-G seeks Re0.99 hike in Discos’ tariffs for August

Uninterrupted supply of water to industries essential: NKATI

KCA raises cotton spot rate by Rs50 to Rs8800

Tax directory: Association of Persons

Cotton prices: betting against second wave?

KSA to gradually resume Umrah from Oct 4

TRIBUNE NEWS PAPER

Umrah to be resumed gradually from Oct 4

Current account remains in surplus

Consumers suffer amid K-Electric, SSGC tiff

Factories told to install effluent treatment plants

EXPRESS NEWS PAPER

Current account surplus for the month of August Rs.29 coror 70 lacs

Approval granted for removal of extra duties on few Textile products. Trade Advisor

Date:  September 22, 2020

DAWN NEWS PAPER

Textile exports fall 15pc in August

SBP maintains status quo as real interest rates remain ‘slightly below zero’

One hurt as portion of garment factory collapses in SITE

SUI NORTHERN GAS AD

THE NEWS INTERNATIONAL

Textile exports flat at $2.3bln in July-August

State Bank keeps interest rate unchanged at 7pc on inflation uptick

FBR plans IP cameras to monitor manufacturing of consumer goods

‘Digital transformation must’

K-Electric plans Rs250bln investment

D Massive gas deficit feared in winter

Domestic users to get gas only during cooking hours in winter

BUSINESS RECORDER

Outlook ‘improves’, SBP holds policy rate at 7pc

Goodbye to easing

THE RUPEE: Weakens vs USD

Tax directory of companies: new data, old story

Govt must regulate shipping companies, says FPCCI chief

PCJCCI arranges discussion on sustainable economic growth

Factory building collapses in SITE area

Business remains stable on cotton market

Tax directory

TRIBUNE NEWS PAPER

Traders seek cooperation with shipping firms

SBP leaves interest rate unchanged

Winter gas shortfall to reach 500mmcfd in Punjab, K-P

EXPRESS NEWS PAPER

New Monitory Policy, interest rate will continue at 7%. SBP

In winter industrial consumers will face gas load management

Date:  September 19, 2020

DAWN NEWS PAPER

FBR selects 12,553 cases for tax audit

Low gas pressure hits Karachi industry

Gold rises as dollar weakens

THE NEWS INTERNATIONAL

FBR picks 12,533 cases for tax audit; amnesty beneficiaries safe

Sindh tops FBR’s revenue collectors

Share in tax collection: Sindh stands at top with 44.91pc share

Turkmenistan assures Pakistan to address gas price concerns

Cotton supply to ginneries drops 44 percent

Gold rates rise Rs500/tola

BUSINESS RECORDER

Aug textile sector exports witness 15.35pc decline

KCCI chief expresses concern over KE’s ‘lobbying’

Korangi Industrial Area, Minister urged to take notice of deteriorating water, sewerage infrastructure

Tax directories for MPs, other taxpayers launched, 12,533 cases selected through ballot for audit

Sindh top contributor in TY18

Low gas pressures cause shortage of electricity, says KE

SPI increases by 0.71 percent WoW

Bullish trend witnessed on cotton market

Gold up slightly

FBR Ad, “Filing Made Friendly”

TRIBUNE NEWS PAPER

K-Electric seeks level playing field

Turkmenistan to begin TAPI gas pipeline construction

FBR Ad, “Filing Made Friendly”

EXPRESS NEWS PAPER

Foreign investment came on lowest level during the last 12 month

Industrial activities are affecting due to low gas pressure

Gas to be provided on equal gas pressure to all provinces

Value of Dollar surged, Gold rate reduced by Rs.800 per tola

Date:  September 18, 2020

DAWN NEWS PAPER

GIDC collection snarls on litigation

Nepra, consumers grill KE over loadshedding, tariff increases

Committees formed for tax issues

Foreign investment jumps 24pc in August

THE NEWS INTERNATIONAL

Karachiites face hours-long power cuts as KE, SSGC pass the buck

China confident over Pakistan’s exit from FATF grey list

State Bank expects economy to get back on pre-corona stability path

FDI climbs 40pc to $226.7mln in July-Aug

FBR lays ground for industry-friendly tax reforms

Nepra asks KE to find alternatives to tariff hike for investment

Predictable business environment must for future investment

Forex reserves down

Gold prices fall Rs800/tola

BUSINESS RECORDER

KE projects or schemes: Nepra says won't reimburse any extra cost

Issues raised by businesspeople: FBR constitutes two committees

Jul-Aug FDI up 40pc YoY

Equitable FTA between Pakistan, Turkey emphasized

Tanners' body demand resumption of gas supply to industrial area

Serious issues in WB's doing business report

KCA raises spot rate by Rs 100 to Rs 8700

TRIBUNE NEWS PAPER

Power consumers to get Rs231b relief

KE comes under fire for prolonged power cuts

FDI falls to 12-month low

SBP governor sees economic recovery after pandemic

SBP reserves rise $13m to $12.8b

EXPRESS NEWS PAPER

Foreign investment came on lowest level during the last 12 month

Industrial activities are affecting due to low gas pressure

Gas to be provided on equal gas pressure to all provinces

Value of Dollar surged, Gold rate reduced by Rs.800 per tola

Date:  September 17, 2020

DAWN NEWS PAPER

KE plea for tariff rise met with tough questions

Monetary policy on 21st

SECP tightens restrictions for proscribed individuals

THE NEWS INTERNATIONAL

State Bank expected to leave rate unchanged on inflationary pressure

‘Global recession not as deep as expected’

PCMA proposes chemical ministry

Regulatory uncertainty

Rupee weakens further

Gold rates up Rs300/tola

BUSINESS RECORDER

Bills for recovery of cess arrears, SHC issues notices to petroleum secretary, SSGC, Ogra

Power tariff hearing adjourned till today, 70pc feeders loadshedding-free, KE tells Nepra

MPS on 21st, Key policy rate may be kept unchanged

Karachi to be load-shedding-free by 2023, K-Electric plans over $2bn targeted investment: CFO

Gas supply restoration in Balochistan, EFP demands govt’s intervention

Allocation of Rs1.37bn for reconstruction of roads hailed

FBR to formulate new e-audit policy

Federal govt urged to restore gas supply to Hub industries

Business remains bullish on cotton market

Gold price up by Rs300

SBP throws two lifelines to industry

Why manufacturing sector marred by low productivity?

TRIBUNE NEWS PAPER

K-Electric seeks Rs144b increase in capital expenditure

EXPRESS NEWS PAPER

No improving in performance, NEPRA raised question on performance of K-Electric

Severe load-shedding in Karachi, citizen came out on roads

Committee set up for implementation of Karachi package, Notification issued

Welcome for approval of 1.37 billion for reconstruction of SITE roads

FBR Ad

Date:  September 16, 2020

DAWN NEWS PAPER

ADB forecasts 2pc economic growth in FY21

Large-scale manufacturing rebounds by 5.02pc in July

THE NEWS INTERNATIONAL

LSM snaps 6-month downtrend in July

Bank branches to open on Saturdays

Rupee weakens

Gold prices rise Rs300/tola

BUSINESS RECORDER

September exports to rebound: Dawood

Teli wants Karachi package implemented in one year

DGTO requested to conduct GCCI's elections

Increase in KE tariff: Cabinet decides to defer decision till next week

LSM growth up by 5.02pc in July

POL prices remain unchanged

Cotton spot rate rises by Rs 50 to Rs 8600

TRIBUNE NEWS PAPER

Pakistan’s economy may grow 2%

Global travel fell 65% in first half of 2020

EXPRESS NEWS PAPER

No change in price of petroleum products up to 30 September

Date:  September 15, 2020

DAWN NEWS PAPER

Remittances up 31pc in July-August

Murad approves Rs1.37bn for reconstruction of SITE roads

THE NEWS INTERNATIONAL

Tax collection from exports slumps 39 percent in August

Remittances surge 31pc to $4.9bln in July-Aug

UK export finance limit for Pakistan increases to £1.5 billion

Saudi Arabia eases travel restrictions from today

Gold rates up Rs400/tola

BUSINESS RECORDER

SBP allows opening of selected bank branches on Saturdays

Stable trend witnessed on cotton market

Gold prices up

Decline in August exports

TRIBUNE NEWS PAPERSSGC’s loss drops 11% to Rs3.2 billion

Date:  September 14, 2020

DAWN NEWS PAPER

Improving regulation to boost exports

THE NEWS INTERNATIONAL

Doing the limbo

BUSINESS RECORDER

ECC defers decision on LPG PL rate

FBR to introduce third party-based e-filing system

FBR and constantly evolving return forms

Weekly Cotton Review: Significant reduction in price witnessed

TRIBUNE NEWS PAPER

Has Imran's govt stabilised Pakistan's economy?

Pakistan’s economic performance

EXPRESS NEWS PAPER

Economic indicators are showing that economy unstable

Date:  September 13, 2020

DAWN NEWS PAPER

Industry mounts legal challenges to GIDC

‘Virtual assessment of goods to check duty, tax evasion’

Policies being evolved to boost industry: Dawood

Internet use rose 25pc during pandemic-induced lockdowns

THE NEWS INTERNATIONAL

Court stays gas cess collection from fertiliser-makers

Tax from interest income surges four-fold in July-Aug

BUSINESS RECORDER

Distribution licence, KE says proposed modification contrary to SC order

FPCCI opposes ECC decision of raising power tariff for export sector

PM’s Secretariat takes notice of delay in resolving consumers’ complaints by DISCOs

64pc Pakistanis deprived of safe drinking water: WB report

Third-party data, Senior taxmen raise questions over Nadra’s proposal

Performance of KE

TRIBUNE NEWS PAPER

SHC bars collecting GIDC from two firms

SMEs manage to fulfill export orders

EXPRESS NEWS PAPER

Revenue collection surged due to enhanced economic activities

In Interbank value of dollar surged by 21 paisas

Per tola gold reduced by Rs.500

Date:  September 12, 2020

DAWN NEWS PAPER

Govt declines relaxation in GIDC recovery

Islamic banking assets grow 8.1pc in April-June

World economy to shrink 3.8pc in 2020, says IIF

AIIC notified as special economic zone

THE NEWS INTERNATIONAL

Special bodies planned to resolve GIDC payment issue

LTU Karachi’s collection up 8pc to Rs198bln in July-Aug

Rupee strengthens

Gold prices fall Rs500/tola

BUSINESS RECORDER

Government keen to explore workable GIDC options KARACHI: ISLAMABAD: NKATI seeks ban on imported children's garments

SPI up 0.37 percent WoW

Gold prices fall

Business remains bearish on cotton market

TRIBUNE NEWS PAPER

Fertiliser firms threaten to hike prices

Govt notifies SEZ status for AIIC

EXPRESS NEWS PAPER
PTA Ad,

Date:  September 11, 2020

DAWN NEWS PAPER

Verification system for advance sales tax registration introduced

Top cotton committee without CEO

Reserves rise to $19.9bn

Senate body voices concern over prices, low standard of cars

THE NEWS INTERNATIONAL

Committee formed to iron out FBR-Nadra differences

FBR warns assets’ confiscation on tax liabilities

SITE industrialists stage protest

Renewable projects in focus to enhance power generation capacity

IMF asks Pakistan to increase gas, electricity prices

Forex reserves rise to $19.961bln

Gold prices up Rs1,900/tola

August car sales snap 16-month downward trend

BUSINESS RECORDER

Tax-to-GDP ratio decreased by 1.4 percent in 2019: ADB

Data-sharing link between Nadra, FBR to be established: Hafeez

Track-and-trace system: FBR again revises structure of licensing committee

Delay in grounding of imported containers: Collector Customs (A-South) urged to issue directives to terminal operators

FPCCI, SAARC VPs discuss different avenues to boost trade

Karachi's business community playing key role in national economy: Alvi

SITE area Karachi, Industrialists protest against dilapidated condition of infrastructure

Gas reserves discovered in Kalat

Cars sale up by 16pc YoY

SBP's forex reserves up $95 million

Cotton spot rate further falls by Rs 100 to Rs 8550

TRIBUNE NEWS PAPER

Traders fear 10% drop in Sept exports

LSM output drops: Businessmen call for review of policies

Govt mulls options to expand tax net

Covid-19 boosts digitalization, Experts say it provides opportunity to expedite adoption of e-commerce

Punjab tax authorities, FBR agree on data-sharing

EXPRESS NEWS PAPER

Once again IMF demanded to enhance the Price of Electric & Gas

Govt considering new legal arrangements for enhance tax net

SITE Industrial Area: Labours & Traders did protest

In World Production, Asia has 34.9% share

Foreign exchange reserves surged by 9 coror 50 lacs dollar

Per tola gold expensive by Rs.1900

Date:  September 10, 2020

DAWN NEWS PAPER

Govt won’t let GIDC issue hurt businesses

Imran foresees severe gas crisis in winter

K-Electric struck by ‘ransomware’

THE NEWS INTERNATIONAL

Pakistan committed to GSP Plus conventions, adviser to EU

FPCCI slams cargo delays

Cut in power tariff urged

FBR not to share data of third-party information with Nadra

IMF warns global economic crisis ‘far from over’, more support needed

Rupee extends losses

Gold prices fall Rs400/tola

BUSINESS RECORDER

Export-oriented sectors: ECC decides continuation of concessionary energy rates

Gas shortages, difference between prices: PM's disquiet sets off alarm bells

Low gas pressure: Industry suffering huge losses

Businessmen must exploit corona-related schemes: SBP governor

Salaried class: FBR to introduce concept of pre-filled IT returns

Rs1,100bn package for Karachi: Teli says pace of implementation needs to be quickened

KCA cuts spot rate by Rs150 to Rs8650

EU to revise all regulations, criterion of GSP+ in 2023

Foreign aid or export-led growth?

TRIBUNE NEWS PAPER

PM Imran urges for consensus to steer Pakistan out of gas crises

President Alvi promises infrastructure development projects for Karachi's industrial zones

ECC okays tariff hike for exporters

Importers face delay in clearance of containers

SBP asks banks to resolve businessmen’s problems

SMEs critical for Pakistan's growth during present times

EXPRESS NEWS PAPER

Gas on current price can not provide, huge problem will face in winter. PM

ECC meeting: Electricity & Gas expensive for Export sector

Karachi package: Funds also allocate for Industrial areas

Form uploaded for submission of Income Tax Return online

Date:  September 09, 2020

DAWN NEWS PAPER

‘Priority gas rights obsolete as all provinces face shortages’

Exports unlikely to recover: FPCCI

New return form notified

T-bills, bond auctions

Dollar demand rises

KE board gets new chairman

95pc people testing positive for Covid-19 report no symptoms, study finds

THE NEWS INTERNATIONAL

Exports declining as govt ignores industrial sector: FPCCI

KCCI demands power distribution licences for private sector

Tax notices deferment demanded

Govt to allocate $200,000 for PCMA research, chemical plant

KE appoints new board chief

FBR slaps Rs47mln penalties on non-compliant retailers

Fitch Ratings forecasts C/A deficit widening to 1.7 pc in FY20

Rupee falls

Gold rates down Rs1,500/tola

BUSINESS RECORDER

FPCCI chief for extraordinary solutions for economic growth

KCCI demands of Nepra to end KE 'monopoly'

FBR chief urged to defer IT notices for six months

UBG core committee meeting today

Fawad assures PCMA of support for its research, development projects

Gas producing provinces may face its shortage in future: SAPM

Corporate sector asked to disclose Covid-19 impact on financial statements

Cancellations due to Covid-19: Emirates refunds over $1.4bn to customers

KE appoints Ashary as new board chairman

Who's seeking removal of KE CEO?

First electronic bank guarantee solution in Pakistan

Bearish trend seen on cotton market

TRIBUNE NEWS PAPER

Govt moves to review first right of use over natural gas provision

Two-third of Pakistan's filers declare just Rs41,000 monthly income

Fitch warns of impact in ratings five Asian nations including Pakistan

Science & Technology minister assures chemical sector of R&D support

Belgium keen to step up trade with Pakistan

EXPRESS NEWS PAPER

Karachi Chamber demanded to end the Monopoly of K-Electric

Concern on 20% reduction in Export for the month of Aug. FPCCI

Date:  September 08, 2020

DAWN NEWS PAPER

Govt move to replace under-fire KE boss

THE NEWS INTERNATIONAL

Committee constituted to resolve KE’s issues

Withholding tax collection slides 18pc in July-August

Rupee weakens

Gold rates down Rs600/tola

95 per cent of COVID-19 patients report no symptoms, finds AKU study

BUSINESS RECORDER

Reasons behind 20pc decline in August exports (The writer is Chairman Towel Manufacturers Association of Pakistan)

'Supra-national' law needed to bypass privacy protection: FBR

FBR sends draft return forms to Law Division for vetting

DTSL to launch Apna Tax Filer product

Intended projects: Govt should first spend already collected GIDC: fertilizer industry

Body formed to resolve KE issues

Cabinet may consider taking over of K-Electric

PBIF chief for transparent implementation of Karachi package

Rising temperature contributes to energy crisis in Pakistan: experts

KCA cuts spot rate by Rs100 to Rs8800

Gold down by Rs600

TRIBUNE NEWS PAPER

Govt won’t let GIDC issue hurt businesses

Power sector woes: Pakistan reins in Rs2.2tr circular debt

Date:  September 07, 2020

DAWN NEWS PAPER

Crumbling, decaying Karachi

BUSINESS RECORDER

No clear-cut export strategy two years later (The writer is Chairman, Towel Manufacturers' Association of Pakistan)

Neeca all set to start audits of textile CPPs

Cases shifting to LTU Islamabad: FBR urged to remove grievances of businessmen

SSGC demanded to ensure smooth supply of gas to industries

Weekly Cotton Report: Prices increase under influence of int'l market

T.M.A AD, “DEFYING THE ODDS”

TRIBUNE NEWS PAPER

Exports - pick low-hanging fruit

Supporting SMEs during Covid-19

EXPRESS NEWS PAPER

To adopt modern technics for increase in export

Date:  September 06, 2020

DAWN NEWS PAPER

Industry convulsed by GIDC

THE NEWS INTERNATIONAL

PM vows to protect businesses from GIDC impact

Govt abolishes import duties on 41pc of industrial inputs

Customs duty collection falls 16pc to Rs31.4bln in August

Cotton prices hit season high of Rs9,300 per maund

Weekly SPI inflation up 0.80 percent

Rupee may remain stable

BUSINESS RECORDER

PD yet to firm up mechanism to recover GIDC

Industry inputs, NTC chairperson assures APTMA of tariff rationalisation

Export facilitation centre opened at LCCI, Razak assures support for exports enhancement

‘Devaluation fails to boost exports’

SPI up 0.80pc WoW

TRIBUNE NEWS PAPER

Textile body assured of tariff rationalisation

'Pakistan needs to shift from low value-added to high-end manufacturing'

PM Imran takes businessmen on board

FY18: 91% of Pakistan's companies paid less than Rs1m in taxes

EXPRESS NEWS PAPER

Karachi Package: No fund allocated for industrial areas

Date:  September 05, 2020

DAWN NEWS PAPER

Power division, Nepra swing into action against KE

Pakistan’s business innovation ranking declines

PIA cuts fare on Islamabad-Karachi route

MERCY APPEAL, SAVE INDUSTRY & EMPLOYMENT

THE NEWS INTERNATIONAL

Gas cess verdict misinterpreted, says CAPTA

Circular debt went up by Rs44.8 bn per month in last fiscal

Trade deficit narrows 8.9pc in August

Pakistan’s rank drops to 107th position in Global Innovation Index 2020

Industrialists oppose tariff hike

Gold rates up Rs600/tola

BUSINESS RECORDER

WB says Karachi needs $10bn financing

Aug exports down 20.89pc MoM

E-Auction system, FBR issues new procedure for bidders to purchase goods

Power Division in action against KE

Plant, machinery, SBP explains TERF, ITERF exposure limits

Wealth statement cannot be revised after 5 years

Rebuilding Karachi infrastructure, Task be outsourced to NDMA, FWO, reiterates Teli

Increase in KE tariff: Govt urged to withdraw ECC decision

Trading activity remains low on cotton market

Finance Act 2020, FBR explains filing return after phasing out final tax regime

Gross rental income, Individuals, AOPs allowed to claim deductions

TRIBUNE NEWS PAPER

Exports drop over 4% in two months

EXPRESS NEWS PAPER

Unexpected reduction in Export for the month of July, August

Need 10 billion dollar for betterment of Karachi. World Bank

Date:  September 04, 2020

DAWN NEWS PAPER

Circular debt up by Rs538bn in last fiscal year, Senate panel told

Exports plunge 20pc in August

COAS assures Karachi businessmen of help to resolve problems

Entry of Euro-V fuels will be smooth, insists Petroleum Division

HBL, NBP, UBL declared important banks

SBP reserves jump

THE NEWS INTERNATIONAL

Govt to raise exports to $46 bn in five years

FPCCI calls for policy makeover to stimulate textile exports

Exports plunge 20pc to $1.5 billion in August

Power tariff hike slammed

FBR launches Medium Taxpayers Office

State Bank designates D-SIBs for 2020

State Bank to unveil complaint portal

Sindh to take the lead in issuing smart cards to labourers

Forex reserves rise to $19.84bln

Rupee weakens

Gold prices up Rs100/tola

BUSINESS RECORDER

Textile manufacturing, Govt urged to formulate long-term policies

FY20: circular debt soared to Rs538bn

Draft export import (Exim) Bank Act 2020 uploaded on MoF website

Exports fall but trade balance improves

KCCI chief appeals to PM, COAS to reconsider electricity rates

SBP to launch SMEs complaint portal

SBP unveils designation of D-SIBs for 2020

PCJCCI suggests 'Energy Democracy'

NPOs will be eligible to avail 100 percent tax credit from FBR

KCA raises spot rate by Rs100 to Rs 8900

TRIBUNE NEWS PAPER

Dawood hopes Pakistan's exports will recover this month

Businessmen dismayed by power tariff hike

Govt agrees to raise power supply to K-Electric

Sindh to issue first 'mazdoor' card on Jan 1

SBP reserves rise $71.9m to $12.71b

EXPRESS NEWS PAPER

Karachi Chamber has rejected increased in power tariff

Value of dollar surged by 43 paisas

Date:  September 03, 2020

DAWN NEWS PAPER

ECC approves power tariff increase for Karachi

ADB-funded energy projects facing delays

Ishrat stresses tax reforms to cut high deficits

‘Hasty shift to Euro-V petrol, diesel will burden consumers’

PAC asks govt to stop Neelum-Jhelum surcharge collection

THE NEWS INTERNATIONAL

FBR, FDE ink letter of understanding to promote tax culture

FPCCI says C/A surplus offspring of growth suppression

Customs duty collection up 9.2pc to Rs45.9bln in August

ECC approves fuel charge adjustments in K-Electric bills

Rupee inches up

Gold rates down Rs2,500/tola

BUSINESS RECORDER

The anti-export bias

Rains cause decline in Aug exports?

Govt IPPs: Rate of RoE to be reduced to 10pc from 17pc

Raise in KE tariff approved by ECC

FPCCI calls for continued institutional reforms

Zero-rated export industries: Relief in electricity tariff welcomed

Govt urged to provide financial relief to business community

Parliamentarians approached for resolving sales tax issues

Ishrat underscores need for reforming tax system, machinery

'Tax fraud' amounting to over Rs200m detected

Research & innovation: 'Setting up of new university to provide platform to industrial development'

Customs duty collection for August surpasses target

Cotton spot rate further up by Rs100 to Rs8800

Gold prices fall

TRIBUNE NEWS PAPER

Tax refund claims balloon to Rs710b

K-Electric tariff jacked up by 26 per cent

Govt urged to use GIDC in gas schemes

Pak-Afghan trade: Illegal chamber issues certificates for exports

'Surplus balance must not hurt growth'

EXPRESS NEWS PAPER

Tax Refund Claims reached Rs.710 billion

ECC approved the rise in per unit cost by Rs 1.09 for K-Electric

Tax evasion of more than 1.5 billion has been caught. Case Registered

Praise to the Govt efforts towards control the C/A deficit

Date:  September 02, 2020

DAWN NEWS PAPER

Govt to revise rates of zero-rated industries: Razak

Agreement with IPPs in choppy waters

Inflation eases to 8.2pc in August

Nepra reserves decision on tariff hike

SC asks KE to remove water from substations on its own

KE extends due date of bills

THE NEWS INTERNATIONAL

Reduction in cotton production feared due to heavy rains in South Punjab

Sales tax collection on imports plunges to Rs61bln in August

Traders estimate Rs50 billion losses in rainy week

Consumer inflation eases to 8.2pc in Aug

Japan seeks facilitation at ports to increase imports from Pakistan

State Bank revises banks’ risk guidelines

Rupee hits 5-month high

Gold rates up Rs300/tola

BUSINESS RECORDER

Erstwhile 5 zero-rated sectors: Inter-ministerial meeting agrees to increase power tariff

LCCI for setting up 'business leaders gallery' at PA

SBP issues revised guidelines on Stress Testing

Pakistan incurs Rs600bn T&D losses during 2013-18

August CPI up 8.2pc YoY

KE extends due date of bills

Cotton spot rate rises by Rs100 to Rs8700

Gold up

TRIBUNE NEWS PAPER

Pakistan's zero-rated sectors to be charged less for gas in July, Aug

Japan willing to step up trade with Pakistan

August: Inflation eases to 8.2% in Pakistan

EXPRESS NEWS PAPER

Losses of Industrialists should be estimated under the supervision of judiciary

Rupee became strong, dollar below Rs.166

Gold further surged by Rs.300 per tola

Date:  September 01, 2020

DAWN NEWS PAPER

PM freezes prices of petroleum products

Revenue collection falls 2pc in August

Three days after rains, Karachi business struggles to recover

Rupee recovers Rs1.2 against dollar

Indian economy shrinks 24pc

Exchange rate issues still alive

At cotton’s expense

THE NEWS INTERNATIONAL

FBR tax collection surpasses Rs551 bn target

FBR awaits PM’s green light for inquiry against two top officers

Timelines set for cargoes to keep up duty incentives

North-South Gas Pipeline: Pakistan accepts latest structure headed by ETK

Nepra fines KE Rs200m over power outages in Karachi

Rupee hits near 2-month high on improved supplies

Gold price up Rs700/tola

BUSINESS RECORDER

No clear-cut export strategy two years later

Trade facilitation, FBR to issue ‘gold’, ‘platinum’, ‘silver’ certificates to AEOs

Tax payment process, FBR takes 577 hours/ annum against world average of 108 hours

July-August-2020, Rs42bn increase in revenue collection

Corruption, ‘FBR initiates disciplinary proceedings against 76 tax officials’

POL products prices remain unchanged

Nepra imposes Rs200m fine on KE

Govts have let Karachiites down: business community

Listless activity witnessed on cotton market

TRIBUNE NEWS PAPER

FBR misses August tax target

Heavy rains hamper business activities in Karachi

Oil prices unchanged as PM Imran rejects price hike

Nepra imposes Rs200m fine on KE

EXPRESS NEWS PAPER

OGRA surged LPG price by Rupee 1.50 per K.G

Corruption in FBR, 10 officers terminated & 66 suspended

Cotton Crop likely to loss in southern Punjab, upper Sindh

Value of dollar plunged by 87 paisas