Date: September 30, 2020
DAWN NEWS PAPER
Drastic measures proposed to contain circular debt
‘No tax on exports from Gwadar port’
FPCCI seeks extension in refinance scheme
‘45-minute daily walk reduces risk of heart diseases’THE NEWS INTERNATIONAL
Haunting challenge for govt: Debt, liabilities surge to staggering Rs44.3 trillion
Income taxpayers to get Rs16bln refunds next week
Businessmen want extension in refinance scheme to prevent layoffs
FBR issues rules for accountants, jewelers, realtors
IR offices to observe extended hours
Gold rates up Rs800/tolaBUSINESS RECORDER
Survey to be conducted to evaluate impact of Covid-19
ECC meeting today, Govt likely to take decision on gas sale price
Fall in PKR rates, Businessmen Panel official seeks remedial steps
Cut in prices of POL products expected
Cotton spot rate further rises by Rs50 to Rs8950
Gold up slightly
FBR AD, Salaried Individual Taxpayers, “Filing Made Friendly”TRIBUNE NEWS PAPER
SMEs call for extending SBP’s refinance scheme
SMEDA one-window begins operation
Gas prices likely to remain unchanged
‘Heart diseases rise in absence of balanced diet, exercise’Date: September 29, 2020
DAWN NEWS PAPER
Govt to build underground gas storages
Public debt soars to Rs35.6trTHE NEWS INTERNATIONAL
Economic activity expected to rebound in first quarter of fiscal year 2021
Private sector permitted to import LNG
Pakistan, ADB agree to complete study on gas storages by next year
Virtual trade fair opens
Gold rates down Rs100/tola
BUSINESS RECORDER
Planned purchase of 66.4pc shares, Chinese co links its interest to KE’s exclusivity
SHC declares corrigendum illegal
FBR has to collect Rs377bn this month to meet Q1 target
First-ever Indonesia-Pakistan Virtual Trade Exhibition organised
Federal govt will not leave business community alone: governor
KCA raises cotton spot rate by Rs50 to Rs8900TRIBUNE NEWS PAPER
ADB okays $300m loan for reforms
Pakistan, ADB to expedite study on gas storages
EXPRESS NEWS PAPER
Karachi Package, meeting of provincial coordination & implement committee held
Price of cotton raised sharply
Pakistan got 1st position in pollution, air quality index reached at 176Date: September 28, 2020
DAWN NEWS PAPER
The case of monetary policy
White lint limping onTHE 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 productionTRIBUNE 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 jumpTHE 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 dropTRIBUNE 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
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/tolaBUSINESS 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 POWERTRIBUNE NEWS PAPER
K-Electric seeks 80MW more from national grid
Importers demand industry status
Inter-bank market: Rupee strengthens against dollarDate: 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 fallTHE 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 areaBUSINESS 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 — ITRIBUNE 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 worriesTHE 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/tolaBUSINESS 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 4TRIBUNE 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 plantsEXPRESS 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 AdvisorDate: 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 ADTHE 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 winterBUSINESS 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 directoryTRIBUNE 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 managementDate: September 19, 2020
DAWN NEWS PAPER
FBR selects 12,553 cases for tax audit
Low gas pressure hits Karachi industry
Gold rises as dollar weakensTHE 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/tolaBUSINESS 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 tolaDate: 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 AugustTHE 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/tolaBUSINESS 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 8700TRIBUNE 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 tolaDate: September 17, 2020
DAWN NEWS PAPER
KE plea for tariff rise met with tough questions
Monetary policy on 21st
SECP tightens restrictions for proscribed individualsTHE 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/tolaBUSINESS 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 AdDate: September 16, 2020
DAWN NEWS PAPER
ADB forecasts 2pc economic growth in FY21
Large-scale manufacturing rebounds by 5.02pc in JulyTHE NEWS INTERNATIONAL
LSM snaps 6-month downtrend in July
Bank branches to open on Saturdays
Gold prices rise Rs300/tolaBUSINESS 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
Cotton spot rate rises by Rs 50 to Rs 8600TRIBUNE NEWS PAPER
Pakistan’s economy may grow 2%
Global travel fell 65% in first half of 2020
EXPRESS NEWS PAPER
Date: September 15, 2020
DAWN NEWS PAPER
Remittances up 31pc in July-August
Murad approves Rs1.37bn for reconstruction of SITE roadsTHE 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
Decline in August exportsTRIBUNE NEWS PAPERSSGC’s loss drops 11% to Rs3.2 billion
Date: September 14, 2020
DAWN NEWS PAPER
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 witnessedTRIBUNE NEWS PAPER
Has Imran's govt stabilised Pakistan's economy?
Pakistan’s economic performance
EXPRESS NEWS PAPER
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 lockdownsTHE NEWS INTERNATIONAL
Court stays gas cess collection from fertiliser-makers
Tax from interest income surges four-fold in July-AugBUSINESS 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 KETRIBUNE NEWS PAPER
SHC bars collecting GIDC from two firms
SMEs manage to fulfill export ordersEXPRESS 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.500Date: 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 zoneTHE NEWS INTERNATIONAL
Special bodies planned to resolve GIDC payment issue
LTU Karachi’s collection up 8pc to Rs198bln in July-Aug
Gold prices fall Rs500/tolaBUSINESS RECORDER
Business remains bearish on cotton market
TRIBUNE NEWS PAPER
Fertiliser firms threaten to hike prices
Govt notifies SEZ status for AIICEXPRESS NEWS PAPER
PTA Ad,
Date: September 11, 2020
DAWN NEWS PAPER
Verification system for advance sales tax registration introduced
Top cotton committee without CEO
Senate body voices concern over prices, low standard of carsTHE 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
August car sales snap 16-month downward trendBUSINESS 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
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
SBP's forex reserves up $95 million
Cotton spot rate further falls by Rs 100 to Rs 8550TRIBUNE 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
Punjab tax authorities, FBR agree on data-sharingEXPRESS 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.1900Date: 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
FBR not to share data of third-party information with Nadra
IMF warns global economic crisis ‘far from over’, more support needed
Gold prices fall Rs400/tolaBUSINESS 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 timesEXPRESS 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 onlineDate: September 09, 2020
DAWN NEWS PAPER
‘Priority gas rights obsolete as all provinces face shortages’
Exports unlikely to recover: FPCCI
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
FBR slaps Rs47mln penalties on non-compliant retailers
Fitch Ratings forecasts C/A deficit widening to 1.7 pc in FY20
Gold rates down Rs1,500/tolaBUSINESS 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 marketTRIBUNE 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 PakistanEXPRESS NEWS PAPER
Karachi Chamber demanded to end the Monopoly of K-Electric
Concern on 20% reduction in Export for the month of Aug. FPCCIDate: 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
95 per cent of COVID-19 patients report no symptoms, finds AKU studyBUSINESS RECORDER
'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 Rs600TRIBUNE NEWS PAPER
Govt won’t let GIDC issue hurt businesses
Power sector woes: Pakistan reins in Rs2.2tr circular debtDate: September 07, 2020
DAWN NEWS PAPER
Crumbling, decaying Karachi
BUSINESS RECORDER
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
Date: September 06, 2020
DAWN NEWS PAPER
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 stableBUSINESS 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 WoWTRIBUNE 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 & EMPLOYMENTTHE 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/tolaBUSINESS RECORDER
WB says Karachi needs $10bn financing
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 deductionsTRIBUNE 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 BankDate: September 04, 2020
DAWN NEWS PAPER
Circular debt up by Rs538bn in last fiscal year, Senate panel told
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 jumpTHE 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
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
Gold prices up Rs100/tolaBUSINESS 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 8900TRIBUNE 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 $12.71bEXPRESS NEWS PAPER
Karachi Chamber has rejected increased in power tariff
Value of dollar surged by 43 paisasDate: 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 collectionTHE 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
Gold rates down Rs2,500/tolaBUSINESS RECORDER
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 fallTRIBUNE 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 deficitDate: 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 billsTHE 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
Gold rates up Rs300/tolaBUSINESS 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
Cotton spot rate rises by Rs100 to Rs8700
Gold upTRIBUNE 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 PakistanEXPRESS 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 tolaDate: 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
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/tolaBUSINESS 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 marketTRIBUNE NEWS PAPER
Heavy rains hamper business activities in Karachi
Oil prices unchanged as PM Imran rejects price hike
Nepra imposes Rs200m fine on KEEXPRESS 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
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