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Date:  August 31, 2019

DAWN NEWS PAPER

SBP prepared to meet any external challenge: Baqir

Banks to use Nadra system to verify expats’ accounts

China to help develop economic zones

FBR to launch mobile app for tax return filing

PM directs promotion of small and medium enterprises

LPG prices reduced

India growth skids

‘Rescue 1299 helpline being modernised’

Gas sector reforms 

THE NEWS INTERNATIONAL

PM’s economic team notes hike in exports, decrease in current account deficit

POL prices likely to be slashed

FBR faces Rs60 bn shortfall against 352 bn target

‘Private sector infuses funds despite interest rate fluctuation’

India growth slows to 5 percent in fresh blow to Modi

LPG price reduced by 1.65 percent

Smuggled tax 

BUSINESS RECORDER

Govt optimistic about FATF prospects

Country averted ratings downgrade: SBP chief

PM tells economic team to focus on SMEs promotion

Reduction in prices of POL products: Lack of coordination creates confusion

FBR issues draft IT return form for companies

Monsoon rains: PHMA asks CAA to protect exports cargo

 Absence of Commercial Counsellors

JANG NEWS PAPER

Exports increased in current year, current account deficit reduced by 31% economic team briefed. Prime Minister

F.B.R faced shortfall of Rs.60 billion in monthly tax collection target

India merger of banks to form 4 big banks

EXPRESS NEWS PAPER

Tough decision have already taken, now we are moving towards stability. Governor State Bank

Petroleum products likely to reduce by Rs 7.67/-. LPG reduced by Rs 2/- per kilo

It is need to make economic journey easy

Date:  August 30, 2019

DAWN NEWS PAPER

Govt unveils gas sector overhaul to spur investment

Petition against FBR chief’s appointment dismissed

Sales tax refunds for exporters to be paid within 72 hours, claims FBR

Reserves up

Bangkok & Karachi

THE NEWS INTERNATIONAL

Journey of economic revival not easy: Hafeez Shaikh

IHC dismisses petition against Shabbar Zaidi’s appointment

FASTER operationalised for sales tax refund payment within 72 hours

Rs228 bn cess to fertiliser, CNG, power sectors waived

Export surge registered outsidethe five supported sectors

Forex reserves rise to $15.629 billion

All about tax

BUSINESS RECORDER

PM seeks FBR briefing on tax reforms, documentation measures

Refunds in 72 hours via FASTER system: Exporters required to submit annexure-H form: FBR

Depressing FY2018-19

Mixed bag for textile

‘Ministry of Economy’

External debt servicing

JANG NEWS PAPER

Journey towards improved economy is not easy, tax collection could not be increased. Finance Advisor

F.B.R introduced new system of refund for exporters

GIDC amended ordnance exemption of Rs.228 billion in collection of gas infrastructure development

Yousuf Hyder Shaikh Queeta, Lubna Ayub Hyderabad, Shahid Iqbal Karachi appointed Chief Commissioner

Post of tax base enhancement given to Nabeela Faran Baig, Irfan Wahid becomes Secretary (Customs) of F.B.R

9th and 10th Muharram will be public holiday across the country

Tokyo becomes safest city continuously 3rd time Singapore stands at 2nd

EXPRESS NEWS PAPER

Presidential ordnance Rs.300 billion payable by industrialists waived off

Journey towards improved economy is not easy. Hafeez Shaikh

Application to increase electric tariff by Rs 1.92 per unit 

Date:  August 29, 2019

DAWN NEWS PAPER

Zaidi vows to power on with more tax notices, declares ‘war’ on smugglers

Policy rate under spotlight as exports, jobs slump

Govt raises Rs756bn in T-bill auction

FBR urged to change format of tax return forms

Fiscal blowout

PPP govt working hard to rid city of garbage, says Murad

T.D.A.P Ad, Fashion World Tokyo 2019-Autumn 

THE NEWS INTERNATIONAL

FBR targets non-biometric bank accounts to nab tax evaders

State Bank says unique bank accounts reach 63.9 million in Pakistan

SBP auctions Rs676.6bln worth of MTBs

Chinese team visits LCCI, APTMA

Business to become easier, bureaucracy powers to be reduced: PM

Hard to bring back Pakistanis’ $190 bn stashed abroad: Zaidi

To meet IMF targets: Govt to adopt appropriate policy measures to curb fiscal deficit

Dangerous deficit 

BUSINESS RECORDER

Various options discussed, How to fuel economic activity?

PM urges BoI to simplify laws on business in various sectors

Non-taxed imported goods, Crackdown to be initiated from Sept 1: Shabbar

Licences revoked for non-compliance, SECP issues list of 309 not-for-profit associations

NA body for making wrapping of luggage mandatory

By Banigala I sat down and wept

Revised macroeconomic data 

JANG NEWS PAPER

Rs.190 trillion of Pakistanis lying abroad illegally, not easy to bring back. Chairman F.B.R

Crackdown against inflation, ease of doing business, discretionary powers of bureaucracy to be eliminated. Imran Khan

Rs.711 billion withdrawn from bank in one month

S.M Muneer resigned under protest from president ship of Indo-Pak Chamber 

EXPRESS NEWS PAPER

Relief in CNIC condition on purchase of Rs.50,000 is given temporary. Shabar Zaidi

National Pavilion of Pakistan Export Products will be setup in Texworld Paris

1 Member of FBR and 3 Chief Commissioners including 8 Officers replaced

Non supply of Gas CNG Stations of Town closed for 32 hours

Date:  August 28, 2019

DAWN NEWS PAPER

In first year, govt sees record high fiscal deficit

Airspace closure, trade route ban for India under study: Fawad

Withholding tax on yarn rejected

FBR’s new software to identify tax gaps

THE NEWS INTERNATIONAL

Anomalies in withholding tax deduction detected

TDAP to attend Texworld Paris

Cabinet likely to approve e-commerce policy framework next week

Yarn merchants reject 4pc WHT

Software introduced to monitor sales tax returns

Burning the candle at both ends, but still no light in sight

Budget deficit escalates to highest ever in eight years

FATF progress

BUSINESS RECORDER

Proposed amendments/exemptions in taxation laws, ECC likely to accord its approval today

E-Commerce Policy framework finalized, MoC proposes harmonised provincial sales tax regime

Sindh govt to provide incentives to industrialists: minister

FATF’s grey list, PBIF chief hails Pakistan’s efforts

FBR chief introduces software to monitor tax returns

PYMA voices concern over imposition of 4pc WHT

Textile sector on the verge of collapse?

Economic road map

JANG NEWS PAPER

Federal cabinet, timed extended from 7 to 15 day for submission of electricity and gas bill

3 Units of Chashma, Mangla inactive for the last 3 years, public deprive of cheap electricity

Law of CNIC and fixed tax will not be changed. Chairman F.B.R

Karachi 3 routes timing changed for International flights

Budget deficit reached at 8 years peak 8% of national output

Software introduced to monitor sales tax returns

EXPRESS NEWS PAPER

Federal cabinet to close air route for India under consideration

Budget deficit reached at it peak to Rs 3.45 trillion

From today light and medium rain expected in Karachi 

Date:  August 27, 2019

DAWN NEWS PAPER

Punjab has deposited Rs455m as water cess, SC told

Aptma Punjab elects new chief

Fresh rain spell forecast in Sindh and Balochistan

THE NEWS INTERNATIONAL

FBR develops new refund system to boost exports

PHC restrains Pesco from charging higher tariff from KP textile industry

NAB withdraws tax cases against businessmen

Tax offices to serve notices on non-filer firms

LCCI launches trade directory

APTMA to elect new chairman in Sept

Pak-China expo from September 2

Economic revival 

BUSINESS RECORDER

Refund claims by textile exporters, Escrow account sought

NA body told, FBR has not held in abeyance 242 cases of offshore assets on ‘time-barred’ pretext

KATI hails PM’s policies for export promotion

FBR officials to attend seminar on tax system in China

Imports of solar panels, equipment, FBR to ensure implementation on AEDB quality standards

FBR under Shabbar

JANG NEWS PAPER

Lahore High Court: Stopped LASCO collecting income tax from bills of Textile industry

Implementation report sought from Centre and 4 Provinces on fixation of price of Underground Water

F.B.R scale 20 officials assumed responsibilities at important stations

Crisis facing by Cotton industry

Date:  August 26, 2019

DAWN NEWS PAPER

PM sets up body to help meet FATF targets

 ‘I see economic turnaround in 2020,’ says Abdul Razzak Dawood

The unsurprising contraction

Banks’ romance with the government

Cotton woes and Indian import ban

Stubborn tax culture

Dealing with offshore assets

THE NEWS INTERNATIONAL

Bahrain confers ‘Order of the Renaissance’ on Modi

An economy dwarfed by debt

BUSINESS RECORDER

Absence of commercial counselorsGovt decision could hurt country’s export prospects

500 containers of solar panel,FPCCI urges minister to waive port demurrages

System audit of withholding agents, FBR’s skill development programme begins today

Mastermind of sales tax fraud, FBR fails to implement FTO recommendations

Revisiting the NAB law

JANG NEWS PAPER

F.B.R will not achieve tax collection target during current month. Shabbar Zaidi

Increase in withholding tax, cotton ginners announced indefinite strike

F.B.R should increase sales tax also on sugar. Rehmatullah Wazir

Economic improvement and general public

EXPRESS NEWS PAPER

Law will not be changed, ready to remove apprehension on CNIC condition. Shabbar Zaidi  

Indian Economy in shamble exports 35% reduced, lacs of unemployed 

Date:  August 25, 2019

DAWN NEWS PAPER

PM, aides discuss roadmap for economic development

UAE confers award on Modi amid Kashmir crackdown

`Pakistan needs to focus on biogas and biomass gasification` 

THE NEWS INTERNATIONAL

Economic indicators improve - govt working on giving benefits to masses: Shaikh

Preoccupation with Kashmir Indian economy slows down

FBR faces daunting task of meeting returns target

KCCI laments tax collection policy

NKATI executive committee elected 

BUSINESS RECORDER

Economic road map discussed

Third Schedule items: Budgetary changes create serious problems for taxpayers

Economic managers urged to find out of box solution: Export sector needs revamping: Tarin

Govt urged to boost exports

Why FBR bent upon squeezing taxpayers of Karachi only, asks Makda

JANG NEWS PAPER

Conditions have improved; recipe should reach to general public. Advisor Finance

Dialogue on fixed tax with business community across the country failed

New tax commissioner will assume responsibility in big cities from tomorrow

10 Days extended in filing last date of sales and excise return

F.B.R special teams formed to verify import documents, action from 1st September
S.M.A. Rizvi Textile Institute Ad,

EXPRESS NEWS PAPER

Budget deficit out of control, Prime Minister informed

Prime Minister meets economic team, good results are coming out. Hafeez Shaikh

Why FBR bent upon squeezing taxpayers of Karachi only

Decision to issue notices to 2.5 lac on non-filing of return

Date:  August 24, 2019

DAWN NEWS PAPER

PM asks officials to identify benami properties

FBR talks with traders remain inconclusive

Tax return forms issued

NAB won’t pursue sales, income tax matters, says chairman

UAE help in tracing people with ‘illegal’ wealth sought

THE NEWS INTERNATIONAL

Govt launches crackdown on benami assets

PM for preparing roadmap to revive economy

Pak debt surges by Rs11tr in one year

NAB not to pursue income, sales tax cases against businessmen

‘Reforms to help contain C/A deficit at $5-6bln in FY20’

Government levies 3pc regulatory duty on cotton import

Heart attacks halved by daily ‘polypill’

BUSINESS RECORDER

Date for implementing SRO 604(I) extended till 31st

FBR issues draft IT return forms for tax year 2019

NAB will not pursue IT, ST cases against traders: Chairman

3pc RD on cotton import imposed

B2B meeting with PCJCCI, Chinese firm offers modern tech for textile industry

Fixed tax scheme, CNIC condition deferred till Sept 30

CA deficit to be $5-6bn by end of fiscal year: Razak

Polythene bags, Manufacturers seek regulation instead of blanket ban

S.S.G.C.L Directive

JANG NEWS PAPER

NAB will not take action on sales and income tax matters now onward cases shifted to F.B.R

Crackdown against benami properties, detail of aqama from Dubai sought

EXPRESS NEWS PAPER

NAB will not take up income tax and sales tax cases of traders. Chairman

Deputy Commissioner ordered to investigate benami properties

Draft of income tax return released advice sought from stake holders 

Date:  August 23, 2019

DAWN NEWS PAPER

World Bank president to visit Pakistan in November

Trade Development Authority of Pakistan being reformed to boost exports

Non-release of funds by Centre blamed for delay in installing five CET plants

No cakewalk for businesses

Marriage in Islam

Banking complaints 

THE NEWS INTERNATIONAL

APTMA demands withdrawal of 4pc withholding tax

Base year for price statistics through CPI changed to 2015-16

Better policies needed to remove loopholes in taxation system

Forex reserves rise to $15.604 billion 

BUSINESS RECORDER

Treasury’s role ends, FBR to make refund payments out of its own pocket

Reserves up by $27m

JANG NEWS PAPER

Levying 4% tax on Textile Industry is against de-industrialization

Date:  August 22, 2019

DAWN NEWS PAPER

Another hurdle crossed as FATF meetings loom

NAB to be stripped of powers to probe private citizens: minister

NAB starts referring petty cases to other authorities

Foreign investment down 22pc

The hype and the fury

Restraining NAB

Deficit declines

Harassing new filers 

THE NEWS INTERNATIONAL

FBR sets up new unit to increase returns filing

FDI slips 59 percent to $73.4 million in July

RTO Lahore issues 2,100 notices

NAB to focus on mega corruption cases only: Farogh

Current account deficit reduced by $1.5 bn in July: PM

Slowing growth 

BUSINESS RECORDER

FBR issues Rs17.03bn sales tax refund bonds so far

Amendments to NAB laws being considered: Farogh

Renewable energy, SBP updates Islamic financing facility

Manufacturing recession!

Dr Turner named new British HC!

500 containers of solar panel stuck at port, FPCCI wants implementation of SRO 604 delayed

Highly significant C/A deficit

When luck meets the road

JANG NEWS PAPER

NAB will not take action against others except public office holders. Law Minister

During 365 days record increase in tax return of 10 lac 36 thousand 806

Current account deficit during July reduced by 1.50 billion dollar. Prime Minister

Decision to increase electric tariff further by Rs 1.30, federal cabinet will give approval

Notices issued to replace present 101 senior officers of customs 

EXPRESS NEWS PAPER

Collected by public Rs 416 billion and waived of Rs 208 billion not depositing in kitty

Date:  August 21, 2019

DAWN NEWS PAPER

Cabinet mulls steps to rein in NAB over complaints by businessmen

Three reviews to determine Pakistan’s place on FATF list

CAD contracts 73pc in July

Focus on boosting exports, says Razak

FPCCI reiterates demand for refunds payment

Cotton demand rises

Singapore to begin public test of driverless buses

Bank services?

Muslim ‘brotherhood’

Public Notice, For K-Electric customer for filing complaints 

THE NEWS INTERNATIONAL

Govt reviewing NAB laws for bureaucrats, businessmen

FBR sends notices to 100,000 high net worth non-filers

Govt’s initiative to revive sick units loses steam

Pakistan set to get out of current account deficit trap

C/A gap narrows in July on improved trade balance

Why now every business needs a ‘cloud’ with a digital lining

UK MP says Modi doesn’t deserve UAE’s highest civilian award 

BUSINESS RECORDER

CA deficit declines sharply 73pc in July

Applicants to get STRN ‘within seconds’: FBR

Rs417bn dues on account of GIDC, Presidential Ordinance to be promulgated

Bringing HNWIs into tax system, FBR defines role of DGRM and DGSI

SRB taxpayers required to issue serially-numbered GST invoices

Revamping of industrial area, Minister asks SAI to propose infrastructure’s master plan

Govt urged to clear refund claims

SC orders cos to pay 6pc on minimum wages of employees to SESSI

FBR specifies conditions for foreign co operating in country

Industrial, commercial consumers, FBR urges Discos to update data

Domestic market, CNIC condition brings textile sales to a halt: APTMA chief

Big business back in business?

JANG NEWS PAPER

Federal Cabinet, NAB laws reviewed with regard to Businessmen and Bureaucrats

Pakistan will come out in next year from current account deficit. Razzak Dawood

Restoration of sick units become weak due to Sarmaya Pakistan Ltd.

F.B.R notices to 1 lac richest tax defaulters, further notices to more 1 lac will be issued next week

Selling of billion rupees imported gas to private electric companies without agreement detected

Gas station will remain closed from today Wednesday from 8:00am to Thursday 8:00am 

EXPRESS NEWS PAPER

Federal cabinet issue instruction to review NAB laws reviewed with regard to Businessmen Community and Bureaucrats

Current account deficit reduced by 73% in July

Decision to tide rope against non-filers commercial and industrial consumers

Sindh Revenue Board: rules devised to collect provincial tax on services

Date:  August 20, 2019

DAWN NEWS PAPER

Big industry contracts 3.6pc in FY19

Tough measures hampering dollar buying

Economy, one year on

THE NEWS INTERNATIONAL

LSM contracts 3.64 percent in FY2019

EIU expects Pakistan growth tumbling to 2.5pc in FY2020

Global economic slowdown feared to hurt Pak exports, remittances

State entities losses rise to unprecedented Rs191.5 bn

Cotton production target unlikely to be met due to rains

UAE to give Modi highest civilian award, says report

Fiscal novelties

Water as a weapon

BUSINESS RECORDER

One year of ‘Naya Pakistan’: Circular debt issue remains unresolved

Pakistan presents 21-page report to FATF group

Suspension of trade with India: Notification will not affect shipments in the pipeline

FBR collects Rs5bn by registering 44m mobile phones since Jan

Taxes, levies drawback: Deadline for submission of claims extended till Oct 16

Govt urged to devise effective export promotion policy

Gas sector: planning all over the place

JANG NEWS PAPER

Fear of investigation people started withdrawing money from banks

International economic recession, danger to Pakistan’s exports and finance

Govt stopped production of cheap gas from 2 big gas fields

EXPRESS NEWS PAPER

Exporters demand to open Escrow Account for GST refund

LSM growth rate reached lowest to 10 years 

Date:  August 19, 2019

DAWN NEWS PAPER

Production from two major gas fields stopped

Patriotism vs commercial interests

Inflation may erode PTI’s political capital

Politics creating water shortages 

THE NEWS INTERNATIONAL

A year in economy 

BUSINESS RECORDER

FPCCI polls, Tough contest expected between BMP and UBG

FBR recovers Rs1.64bn from 6,451 high net worth cases

PM’s revenue Ambitions

JANG NEWS PAPER

Suspension of Pak – India trade

Back seat of car can be dangerous for passengers. Research

Date:  August 18, 2019

DAWN NEWS PAPER

FBR teams to check goods import papers at shops

Govt unlikely to achieve 15m cotton bales target

Reserves rise

KE extends bill payment deadline

Property valuation

THE NEWS INTERNATIONAL

FBR sends notices to non-filer commercial, industrial connection holders

Foreign exchange reserves up $557 million to $15.5bln

Government to unveil shipping policy next week

“Business is almost suspended because of government’s policies”

Understanding ethno-linguistic conflicts

BUSINESS RECORDER

Full potential of GSP plus not being availed by exporters, says ex-PIAF chief

Reserves up by $557m on ADB inflow

JANG NEWS PAPER

F.B.R started issuing notices to non-filers

Recipe started yielding after measures taken to reduce trade deficit 

EXPRESS NEWS PAPER

Govt preparing to introduce dollar based new savings scheme

Year 2019 trade deficit reduced by 17 billion 44 crore dollar

Chairman FBR sought details of pending refunds

System evolved to check forged e-mails

PTA issued warning to consumers issuing 2 mobile phone SIM


 Date:  August 17, 2019

DAWN NEWS PAPER

Trade deficit contracts 29pc in July

‘Trade suspension will not apply to shipments in pipeline’

ST returns filing date extended

Coal dumping 

THE NEWS INTERNATIONAL

Pakistan submits 450-page report to FATF 

BUSINESS RECORDER

FBR FATF cell empowered to seek info, record

Collection targets, LTUs, RTOs asked to step up efforts

FBR extends dates for returns, related annexure

APCAA for declaring Saturdays, Sundays as working days

Too many holidays

JANG NEWS PAPER

Suspension of Pak–India trade, Pak–Afghanistan transist trade will not be effected. Secretary Commerce 

EXPRESS NEWS PAPER

FBR failed in achieving 1st target of tax collection up to June

Approval to issue notices to electric and gas consumers, owner of big vehicle and house owners

All sorts of trade with India closed. Secretary Commerce

For using own and organizations generating electricity from gas will be treated as industrial units

Haj Pilgrim’s flights will begin from today


Date:  August 16, 2019

DAWN NEWS PAPER

Govt orders all employees to declare assets by Sept 1

Business ties with India underpin muted Arab response to Kashmir

Govt lifts all bank liquidity as private credit offtake goes negative

Evaluating the programme

An economic plan? 

THE NEWS INTERNATIONAL

No permanent Pak rep at UN for one year

Tax collection from new car registration falls 15.3pc

Walmart reports strong earnings

Special zones 

BUSINESS RECORDER

Import-related sales taxCustoms officials allowed to decide refund claims

Indian business ties underpin muted Arab response

Debt situation

KCCA demands shipping cos to remain open on Saturdays

Dumping of debris, NKATI seeks Sindh govt’s intervention

Enough tightening – time to change signals

Making Pakistan ‘Asian Tiger’

Economy in right direction?

JANG NEWS PAPER

Muslim Countries weak reaction against India due to trade and business interest

130% Custom duty on dozen of imported items decision to levy 17% GST

Economy is on right track 

EXPRESS NEWS PAPER

Forged e-mail for tax refund hackers started looting


Date:  August 15, 2019

DAWN NEWS PAPER

Law to protect ownership rights of indigenous goods in foreign markets

Economy heading in right direction: Reza

Sepa approves coal storage project amid serious environmental concerns 

THE NEWS INTERNATIONAL

State Bank governor sees green shoots in economy

Flawed economic policies curse for masses

Need for economic revival 

BUSINESS RECORDER

Loophole in ‘IRIS’ module, FTO’s directive to FBR remains unimplemented

FBR specifies due dates for tax payments

Economy in right direction: SBP governor

A coffin with ‘lifetime’ warranty!

JANG NEWS PAPER

Inspite of difficulties assuring country has come on right direction. Governor State Bank

World’s largest single terminal Chinese airport inauguration preparation begins 

EXPRESS NEWS PAPER

Tax collection for August, Chief Commissioner’s conference called

Govt is not taking loan from State Bank. Hammad Azhar


Date:  August 14, 2019 

DAWN NEWS PAPER

Major changes in govt financial management ushered in

Exports to EU stagnate despite GSP+ status

8pc amnesty declarants avail pay-later option

Tax returns 

THE NEWS INTERNATIONAL

Sales tax collection expected to increase Rs11bln in August 

BUSINESS RECORDER

‘The Founders will clean sweep FPCCI election’

Thinking through the IMF programme

JANG NEWS PAPER

Saudi Aramco executes order with India worth 24 trillion rupees


Date:  August 11, 2019

DAWN NEWS PAPER

For textile exporters, sales tax refund bonds yield little more than a headache

Despite being cheaper, Indian imports will not be missed, industry leaders claim

Car tax

BUSINESS RECORDER

Govt fails to settle GIDC issue with fertilizer industry

Pasha lauds wide-ranging tax reforms

APTMA terms inflated power bills a negation of ECC decision

KCCI polls scheduled for Sept 26

Plastic bags ban

JANG NEWS PAPER

In 1st year of Govt loan reached to 75 trillion rupee

Trade war with Pakistan, India will suffer more

EXPRESS NEWS PAPER

Benami availed benefit of amnesty scheme detected

Action on misdeclaration Rs 19 lac collected

Messee Frankfurt declared Pakistan big sales partner

15 candidates of BMG elected unopposed


Date:  August 9, 2019

DAWN NEWS PAPER

ECC moves to revamp gas price incentives for export sector

Traders postpone strike call after talks with FBR chief

Hackers deprive exporter of Rs3.2m

Sindh govt imposes ban on plastic bags, urges people to start using cloth bags

Fixed tax regime

Number plate 

THE NEWS INTERNATIONAL

FBR probing 247 people owning foreign bank accounts

FBR, small traders strike deal on CNIC condition

Govt retires $9.5 bn foreign loans in one year, NA told

Forex reserves fall to $15.020 billion

Double taxation issue resolution urged

Starting October, Sindh to impose complete ban on polythene bags 

BUSINESS RECORDER

Five export-oriented sectors: Procedure for payment of gas/RLNG supply claims approved by ECC

CNIC condition: No action will be taken against traders till September 30: Shabbar

Import compression

Pak-India trade: MoC expresses inability to share steps

Revenue department has no power to grant 99-year lease: SC

Eid holidays for Sindh announced

Taxes, prosperity & welfare

FBR to process refund claims through 3 channels on RMS basis

JANG NEWS PAPER

Data of 7 to 8 billion wealth of Pakistanis from abroad obtained, not aware how much money is abroad. Shabbar Zaidi

F.B.R decided not to take punitive action up to 30th September against traders

Use of plastic bags in Sindh including Karachi banned, action will be from 1st October 

EXPRESS NEWS PAPER

Accounts worth 7.5 billion dollar, 60 lac dollar collected

Federal cabinet will be given approval today to suspend trade with India

Complete ban on plastic bags in Sindh enforcement from 1st October


Date:  August 08, 2019

DAWN NEWS PAPER

Indian envoy told to leave Pakistan, trade suspended

$500m ADB loan to improve trade competitiveness

Govt raises Rs1.257tr through T-bills

FBR seeks to recover lifetime tax from small cars owners

Widespread rain forecast for Sindh from Friday to Monday

Ban on lease, transfer and conversion of state land partially lifted

Lifetime taxation

Italian visa

NEPRA, “Ad” 

THE NEWS INTERNATIONAL

Adviser resents NAB’s action against business community

SBP launches Mudarabah-based refinance scheme for SMEs

Too much gas 

BUSINESS RECORDER

Towel Manufacturers’ Association “AD”,  Under the Head  “APPEAL”

India’s HC expelled, Bilateral trade Suspended

NAB actions constitute area of concern: Dawood

SEs and MEs, SBP introduces Modaraba-based refinance scheme

ADB approves $500m loan to support trade competitiveness

SECP revokes licences of 13 ‘not-for-profit’ companies

State-Owned Enterprises, Hard to swallow, harder to spout

Serious issues in current programme with IMF

Jump in inflation

JANG NEWS PAPER

Arif Ahmed appointed Chief Executive Trade Development Authority

Heavy Downpour in Karachi from tomorrow predicted, urban flooding feared 

EXPRESS NEWS PAPER

F.B.R issued notices to the owners of Garments, Textile and Boutique


Date:  August 07, 2019

DAWN NEWS PAPER

Pakistani doctors with MS, MD degrees sacked in S. Arabia

Quarter of world’s population facing extreme water stress

Sales tax

Number plates 

THE NEWS INTERNATIONAL

Export industry in Punjab: ECC to be moved for $6.5 per MMBTU gas price, says official

Govt unclear about $8.5 bn Chinese loan under IMF conditions

Efforts on to get country out of FATF grey list: Shaikh

Discos to adjust Re0.9/unit in Aug bills

BUSINESS RECORDER

Hafeez tells US team, Efforts afoot to implement FATF action plan

Nepra approves refund of over Rs1bn to Discos consumers

Karachi & Lahore ports, airports, FBR officials deployed to monitor tax collection at import stage

Too soon to cheer for tax filer growth

JANG NEWS PAPER

NEPRA approves to reduce electric tariff by 0.9 paisa per unit

EXPRESS NEWS PAPER

Enhance in tax net, FBR bifurcates Karachi in 2 zones


Date: August 06, 2019

DAWN NEWS PAPER

CNG, LPG use by public transport banned

Pakistan shared details of CPEC loans with IMF: official

Enhance export capacity to cater to Chinese markets, say experts

Govt to raise Rs6.7tr through T-bills, PIBs

Dubai property prices fall

Indian rupee, stocks hit 5-month low

Industrial policy

Property rates

Bank harassment

THE NEWS INTERNATIONAL

Govt struggles to improveeconomic fundamentals

ICCI slates govt’s decision to raise prices of POL products

New UK Trade Director for Pakistan

Remaining on FATF grey list to impact capital inflows: IMF

Another two-day spell of rain expected in Karachi 

BUSINESS RECORDER

Sanchaz explains what constitutes IMF programme

35pc increase YoY, FBR receives over 2.3m tax returns for TY18

New Pakistani dollar bonds fall

Plastic wrap of luggage is passengers? choice, Senate body told

Govt urged to increase economic activity instead of loans

JANG NEWS PAPER

Summary for Gas price ready, Ministry of Finance will give subsidy within 10 days. Petroleum Division

Scientists disclose 6 effective methods to reduce weight 

EXPRESS NEWS PAPER

Target to reach up to 35 lac taxpayers within 5 years


Date  August 05, 2019

DAWN NEWS PAPER

PSO, SNGPL raise red flag, ask govt to rescue gas network

Small and medium enterprises are in trouble

Small business’s shrinking space

Revenue challenges

A plastic world

Money laundering 

THE NEWS INTERNATIONAL

Pakistan will become 128th country to ban use of plastic bags on 14th

SMEs to get higher growth through structural adjustments

Difficult path

Rising inflation

State of plastic

Retrospective tax 

BUSINESS RECORDER

A long overdue Recognition

FBR's July 2019 report card


Date  August 04, 2019 

THE NEWS INTERNATIONAL

FBR probes into misuse of tax exemption to remittances

Govt forms six-member committee on benami assets

Economic slowdown

Not so economical 

BUSINESS RECORDER

Pakistani cos participate in Texworld USA exhibition

Cabinet forms Benami Information Processing Committee

Significant progress made towards FATF standards

Strike threatened: APTU rejects proposed fixed tax scheme

JANG NEWS PAPER

In Asia Pakistan stand 2nd and in World stands at 16th most expensive country

To enhance tax net F.B.R’s main priority. Shabbar Zaidi

Approval to issue smart cards for vehicles in Sindh


Date  August 03, 2019

DAWN NEWS PAPER

Zilhaj moon sighted, Eidul Azha on 12th

Climate change makes July hotter by up to 3 degrees C

Govt reverts key planning position to bureaucracy

8th extension in tax return filing deadline

Traders reject fixed tax regime proposal 

THE NEWS INTERNATIONAL

Date for filing of tax returns extended till August 9

FBR unearths tax evasion by restaurants, bakeries

Economic revival 

BUSINESS RECORDER

Fertilizer industry irked by slow progress on GIDC law

SRB extends date for e-deposit of SST, e-returns

Tax returns: date extended

FTR to be finalised in consultation with stakeholders: Shabbar

Economy at crossroads

Hike in prices of POL products

‘Wither tax reforms?’

JANG NEWS PAPER

Appointment of person involved in corruption as Chief Commissioner in Karachi RTO 

EXPRESS NEWS PAPER

New tax system for non-resident Pakistani will be enforced during current year


Date  August 02, 2019

DAWN NEWS PAPER

Inflation hits double digits after nearly six years

FBR steps up efforts to pull retailers into tax net

IMF representative visits Lahore Chamber of Commerce and Industry

Tax notices also sent to hospitals all over the country

SBP updates effective exchange rate series

Reserves rise

Exchange firms eye rebate on remittances

Taxing doctors

The IMF decision 

THE NEWS INTERNATIONAL

Textile sector gets exorbitant power bills

SNGPL to grant 400,000 new gas connections in 2019-20

FBR asks customers to demand receipts having STRN

Small Shopkeepers Scheme: FBR releases draft with fixed tax rates

FBR creates post of DG Anti-Benami Initiative

SBP updates indices of effective exchange rates

Inflation hits 68 months high of 10.3 percent in July

Forex reserves touch $15.062 billion 

BUSINESS RECORDER

FBR issues simplified tax regime for traders

Unregistered sellers can’t recover GST from buyers: FBR

Industrialists, traders slam hike in prices of POL products

Off to a slow start — II

World markets, Identity of Pak products at stake due to non-enactment of GI law

Resetting the economy

Is corruption Pakistan’s biggest problem?

No plan to shut down exchange companies: SBP

Robert Silberstein new US CG in Karachi

Wither tax reforms?

JANG NEWS PAPER

Post of Director General ABI created in F.B.R

Good news for public, additional gas bill will be withdrawn

Free Electricity will be provided to people using 200 units in India announced

Do not want to close operation of exchange companies but want to expand. State Bank

P.O.L product price further enhanced 

EXPRESS NEWS PAPER

Fiscal year 2018-19, Rs 127 billion black money converted in to white money

Exchange companies voluntarily offered to surrender their license

Notice issued to SESSI and other Stakeholders on appeal of Industrial Owners

Gas evasion monitoring of Industrial and Commercial Sectors begins

Only registered sales tax persons can charge sales tax. FBR

People need economic relief


Date  August 01, 2019

DAWN NEWS PAPER

FBR notifies anti-benami regime for white-collar crime

FBR seeks income details of doctors, surgeons

Traders announce shutdown after Eid

FBR misses July target by Rs14bn

Govt raises Rs886bn through T-bills

Tax filing date extended

Four-day Eid holiday from Aug 12

LPG prices raised

FBR & sales tax

Petroleum prices scale new peak

Alto 660cc prices jacked up

THE NEWS INTERNATIONAL

FBR documents Rs350bln investments in real estate sector

Documentation measures painful, but necessary to increase tax net

Traders announce next round of strike

FBR collects Rs277 bn revenue in first month of FY 2019-20

Petrol price up by Rs5.15, diesel by Rs5.65 litre

Govt employees to enjoy nine Eid holidays

Date of WHT statements extended

BUSINESS RECORDER

Up to 10pc hike announced in POL products’ prices

Provisional figures, July collection Rs14bn short of target

Reducing operational costs for businesses, Summary approved by ECC

Date for filing WHT statement extended

LPG price raised by Rs 1.70/kg

Govt announces four-day holidays for Eid-ul-Azha

Business community assured, Special police mobile to be roaming in city before Eidul Azha

Tax Year 2018, PTAA seeks extension in returns filing date

Fixing the economy: high-stakes gamble?

Tax documentation, Traders announce 4-day shutter-down strike

‘Sialkot needs separate business strategy’

JANG NEWS PAPER

Prime Minister’s Approval, Petrol Rs 5.15, Diesel Rs 5.65, Kerosene Oil Rs 5.38 further expensive

Sale and purchase will not be done on C.N.I.C, traders announced 4 days shutter down after Eid

Chief Commissioner I R Abdul Rasheed assumed charge of member F.B.R post

4 Days official holidays announced on Eid, notification issued

EXPRESS NEWS PAPER

F.B.R failed in achieving tax collection, short fall of Rs 14 billion

One day left in fiscal year 2018 for filing of tax return