Date: JANUARY 31, 2020
DAWN NEWS PAPER
Uncertainty hits FBR as Shabbar proceeds on leave again
Federal Board of Revenue to replace pirated software
Ogra proposes 2pc increase in diesel prices
US firm, EETL sign pact for LNG terminal expansion
PIA suspends flights to Beijing
We, the 1.21pcHigh power tariff forces textile millers to squeeze production
National Executive Service in the making
Economy needs an exports-led boost: advisor
All is not well in FBR: Shabbar Zaidi to decide today on going on leave
FBR unearths huge money laundering case
Ogra suggests hike in diesel, LDO prices
Pakistan aims to double trade with Africa in five years
No remedy in sight to get out of tough times
Forex reserves rise to $18.362bln
FBR issuesBudget for 2020-21, Exemptions to go, rich to pay more taxes
'Charter of economy', Talk about developing consensus getting louder: BMP
Option of exclusion, KTBA seeks clarification after issuance of SRO 1190, 2019
Industrialisation to help resolve economic problems: KATI
Ogra seeks up to 1.9pc hike in POL products' prices
SEPA seals five factories for flouting environmental laws
Ailing FBR chief to meet doctors today
Stay of recovery in tax matters - I
'Economy: the speech we won't hear'All is well in FBR? Shabbar Zaidi will decide today to proceed on long leave
Diesel costly by Rs2.47, Petrol only 0.6 paisa cheaper recommendation made
Customs stop clearance of imported consignments from China without fumigation
World’s 10 big crime cities, Pakistan amongst none, International surveyAsian Bank approved 1.50 crore dollar loan for Pakistan
During 6 month not borrowed a single rupee from State Bank. Hafeez Shaikh
Forex reserves increased by 18 crore 40 lac dollar
Action by environmental protection agency, 5 industries in korangi industrial area spreading pollution sealedDate: JANUARY 30, 2020
DAWN NEWS PAPER
Economic Coordination Committee defers gas tariff increase, waives Karkey’s port charges
Number of tax filers rises by 40pc as deadline looms
FPCCI reacts to tight monetary policy
Govt raises Rs590bn through T-bills
Economic burnout: India’s struggling workforce
Teachers, staff threaten protest over selection of VC for KU today
Sindh Building Control Authority Ad,Supreme Court’s warning to FBR: Don’t play games with us
Hiking gas tariff for domestic consumers: ECC does not take up summary
FBR asked to troubleshoot Tax Asaan application issues
Investor base in Pakistan absurdly low
Monetary policy rate: MFPCB meeting not convened since August 2019
Treasury bills’ yield curve mostly flattens
EU envoy cautiously optimistic on Pakistan’s GSP plus status
TDAP to attend fair in ArgentinaUS accuses FBR of using 'pirated' version of its software
Proposal on gas prices deferred again
Exports need carrots, not sticks
Indonesian CG pledges to boost trade with Pakistan
FPCCI voices concern over unchanged policy rate
FCCI to launch protest drive against soaring power tariff on Feb 10
- asks FBR to complete inquiry against official within 3 months
FBR's Helpline to provide best service to public
Economy: the speech we won't hear
Prudent approach to inflation challenge
COUNCIL OF ALL PAKISTAN TEXTILE ASSOCIATION; Open Letter to the Excellency Mr. Imran Khan Honourable Prime Minister of PakistanE.C.C. meeting matter with regard to enhance price of gas for domestic consumers deferred
Speed of EconomyF.B.R proposal to recover tax of defaulters from bank lockers
Under the head of Gas cess subsidy loan of Rs534 billion against defaulters
Taxpayers should deposit tax return up to 31st January. FBR
Concrete economic direction neededDate: JANUARY 29, 2020
DAWN NEWS PAPER
Pakistan has made significant progress to get off FATF grey list: SBP chief
Pakistan organising two-day trade conference in Kenya
Economic Coordination Committee to take up 15pc gas tariff hike today
Improved trading on cotton market
Sindh board collects Rs100bn in FY19
Encashment of Rs40,000 prize bonds picks up
Fresh milk bacteriaFood inflation continues to gallop
Pak-Africa trade development conference opens tomorrow
Bangladesh aims to meet $50 bn export target by 2021
Tax refunds on local sales urged
Central bank draws fire for extended rate status quo
State Bank of Pakistan unveils Rs200 billion exports stimulus
Bangladesh invites Pakistani investment in export industries
BUSINESS RECORDER
Export-oriented industrial development, SBP to provide additional concessional financing
Foreign exchange reserves, Govt mulling launching bonds
SBP keeps policy rate unchanged at 13.25pc
Cabinet briefed on reforms progress, SBP autonomy: govt to amend laws by Sept
Senate penal approves GI (Registration and Protections) Bill, 2019
FBR issues list of vendors providing POS
Slow trading activity seen on cotton market
Trade deficit - an equitable analysis
Pakistan Textile Exporters Association, AdvertisementDecision against policy no investment can be done. APTMA
Bangladesh invites Pakistani businessmen for investment
EXPRESS NEWS PAPER
Date: JANUARY 28, 2020
DAWN NEWS PAPER
Discos start filing petitions for increase in tariff
Law protecting business community from NAB may be extended
Pakistan needs $234.5bn to achieve key SDGs
India’s direct tax collection set to fall after two decades
Liquidity crunch hits cotton market
Holiday extended, businesses shut as virus toll rises to 81 in China‘Pakistan holds $96.2bln investment potential for private sector’
60pc businessmen feel things heading in wrong direction: Gallup surveyMinister praises FBR's performance
Property & professional tax, Last date not to extend from 31st: E&T dept
PBIF chief urges SBP to cut interest rates
Contamination reduces cotton value
APTMA APPEAL,Country is not moving towards right direction view of 60% businessmen
During 1st 6 month tax collection increased by 16.5%, Hammad Azhar
EXPRESS NEWS PAPER
Meeting with Prime Minister without any result, Businessmen and Industrialists
Bill approved in senate to grant 6 month leave to Mother and 3 month leave to FatherDate: JANUARY 27, 2020
DAWN NEWS PAPER
Pakistan TI says CPI shows no rise, fall in corruption
Private-sector lending: a tricky business
Economic freedom in Pakistan has increased: report
Programme to mark International Customs Day held‘Customs to be equipped with all resources’
400m gallons of untreated sewage being dumped into sea
Pakistan may stay on FATF grey list for six more months
PBM all set to launch online application system for medical assistanceCharitable Endowment Act 1890, FBR asked to initiate audit of trusts
Corruption has not increased in Pakistan: TIP chief
Private people still involved in official work at tax offices
Int'l Customs Day-2020 held, FBR chief lauds Customs for being professionally sound
Automation the way forward for FBR
Hafeez urges Customs officials to facilitate trade and traders
Trading volume decreases; price increasesCorruption not increased in Pakistan, data used for report from 2015 to 2017. TIP
Cattle feed; Diary Association demanded the price of Milk Rs.150 per liter
Pakistan Post decided to open 125,000 franchise all over the countryDate: JANUARY 26, 2020
DAWN NEWS PAPER
Kerb market sees dip in inflows as dollars head to banks
New FTA with China is a `marked improvement`
Pakistan braces for trade summit in Africa
Global economy most vulnerable to climate change, says risk perception survey
Slow trading on cotton marketFPCCI says exports may plunge due to revised electricity charges
NEPRA awards generation licences to two solar power plants
Overseas investors pump record $2.58bln in govt debt
UK’s travel advisory on Pakistan likely to mitigate FDI concerns: OICCI
Weekly SPI inflation down 0.40 percentCombined income groups, SPI-based weekly inflation dips
Documentation of traders, resolution of tax issues, FBR forms 490 market committees across country
Economists list factors behind rising inflation
EFP protests 'unauthorized' visits to factories
Commercial importers, FPCCI, PCDMA vow to help resolve problems
Govt urged to review decision of increasing power tariff
APHJAC protests against expensive Haj packageFrom the last 15 years Pakistan trade deficit increased from $1.06 to $37 billion
Saudi Govt imposed Rs.16000 extra fee of every Haji
In Federal Govt institution, started steps to remove 2 weekly holidays
EOBI not issued notification to increase the pension, retired employees in troubleFATF has given further 2 months’ time
Saudi Arabia imposed fee of riyal 410 on Haji
SMA RIZVI TEXTILE INSTITUTE AD,Date: JANUARY 24, 2020
DAWN NEWS PAPER
Incentives in the works to diversify exports
Industry deplores ‘knee-jerk U-turns’ in economic policy
Six-month profit outflow rises to $836m
Pakistan falls three spots on corruption perception index
Measures taken to prevent entry of coronavirus in country
Commodities: Slow trading on cotton market
Performing Haj to be costlier this year
Karachi CommissionerTextile Policy 2020-25: Pakistan to increase textile exports to $25.3 bn by 2025
Power Division clarifies contents of Aptma letter
Sales tax refunds up 165pc under automated system
New tariff policy envisages targets to reduce import tariff till FY2023-24
PBC criticises govt on retrospective additional surcharges,taxes on five export-oriented sectors
TI issues report: Corruption sets record in 2019
Govt Haj package: Senate panel concerned over Rs115,000 hike
Govt plans commodities’ early warning system to check food inflation
Met Office rejects forecast of air pollution
Pak female architect wins international award
Coronavirus outbreak: Millions on lockdown in China
Good newsNew tax laws, Traders required to get registered, seek buyers' CNICs
Power Division rejects APTMA's claims
MoC decides to participate in Expo 2020 Abu Dhabi
Coronavirus, PIA begins screening travellers at Beijing airport
Price rationalization - IINew Textile Policy, in 5 years Export will be enhanced to 25 billion dollar
New Tariff Policy, maximum import duty will be 15% & minimum zero%
Reduction in the value of rupees, fare enhanced, suggested to increase 115,000 in Hajj package
Likely to receive Hajj application from 15 Feb
For the Peoples of Karachi will get Fruit & Vegetable on Govt rate at home through onlineSubsidies Electricity & Gas continue to Export sector
On the decision of duty free Import of Cotton, deep concern of Cabinet Members
Govt scheme: increased Rs.115,000 in Hajj packageDate: JANUARY 23, 2020
DAWN NEWS PAPER
Indo-Pak trade plunges in six months
Foreign LNG firms to invest $500m without off-take guarantees
PIA plans direct flights for US
Ministry issues alert about deadly virus
Death toll from new, deadly virus jumps to 17
Eye drop reaction deprives many patients of vision
Climate changeTextile cooperation framework under CPEC agreed
Excess billing to impact exports, BoP: APTMA
TCP plans projection study to verify country’s five years’ commodities need
FATF satisfied with Pak report
Transparency International releases its global 2019 CPI today
Deficit of PIA reaches to Rs482 bn, Senate told
AKUH, Patients Behbud Society collaborate with pharma firm to financially support cancer patients
Coronavirus outbreak: No passenger arriving from China to Pakistan will escape screeningFBR's 'FASTER', Refund claims hit by system glitches, say exporters
Provident funds can't be maintained in form of cash: SECP
Surcharges, taxes, Textile sector urges Power Division to withdraw SRO
Under CPEC project, Pak-China experts agree to develop textile cooperation framework
TDAP holds awareness seminar on CPFTA-II
UBG extends friendly hand towards FPCCI president
Experts for filling business vacuum in UK after Brexit
FATF's Working Group expresses satisfaction over report
Depleting gas reserves signal shifting to high-priced LNG
NJ Surcharge, Govt collects over Rs75bn from power consumers
Sindh cabinet approves Home-Based Workers' Rules, 2019: minister
What's with the Police anyways?
Absence of taxation culture?Sindh: 100 Industrial units closed due to non-availability of facilities
Citizens getting bogus emails on the name of FBR, attracted to refund of lacs
In PTI Govt corruption increased or decreased, transparency international will issue report todayIn 70% population countries, include India, increasing economic imbalance
Sindh Govt constitute a committee to dismantle illegal constriction
Valuation of dollar decreased by 15 paisasDate: JANUARY 22, 2020
DAWN NEWS PAPER
Real estate still attractive place to park grey money: FBR chief
Govt, opposition legislators unite in sit-in against SSGC
Don’t expect uniform cut, fertiliser makers warn govt after GIDC waiver
Create jobs to stop brain drain, says Alvi
Lint prices rise on strong demand
Sugar price registers a constant rise across Sindh
Illegal gas compressorsHigher interest rates, inflation: FPCCI president claims industries heading towards bankruptcy
Growth rhetoric unlikely to become reality under present regime
FBR reopens probes against three firms in mega sales tax refund scam
IMF influence in Pakistan grows
Governance is a big issue: Dr Ishrat Hussain
Govt sets to transform 3,000 CNG stations to EV charging stations
Current food system can feed only 3.4 bn people, says study
Incentive package for small electric vehicles, buses on cards
Pakistan better than India in fair wage distribution: report
Hong Kong ranked most expensive city to live in
Incentives for businessTax collection growth, Automation only solution: FBR chairman
Small businesses, Unnecessary licences to be done away with: BoI chief
Pakistan, US for strong trade, investment relationship
MPS on 28th, Policy rate may be kept unchanged
Unemployment rate projection revised upward
President for improving ease-of-doing business
LCCI chief proposes steps to boost exports
TPL's container tracking services from Gwadar Port begins
FTA-II with China to help reduce trade imbalance: Wang Jian3rd Textile policy prepared, changing in labour laws
Monetary policy will be announced on 28 January
Industries of Karachi is effecting with closure of Gas. IndustrialistNobody wants to pay tax in Pakistan. Chairman FBR
Pakistani women work more but getting low wagesDate: JANUARY 21, 2020
DAWN NEWS PAPER
Political pressure forces govt to put on hold gas tariff hike
Khan urges traders to pay their taxes
PM orders open house on Mondays with industrialists
SITE reluctant to hand over filter plant to Wasa
Reconstitution of cotton committee directed
Cautious trading on cotton market
SIUT opens breast cancer wardBusiness community to be facilitated: PM Imran Khan
Sugar price goes up after flour
Pakistan’s economy: IMF projects low GDP growth, high inflation, unemployment
Govt may ask IMF to make fiscal adjustments
State Bank of Pakistan gets new deputy governor
Pakistan to focus on buying more time in FATF meeting
FPCCI fears CPFTA-II may not benefit Pakistan
SNGPL planing to reach more domestic consumers
Bakers, sweet marts require integrating sales: FBR
Health minister inaugurates breast cancer ward at SIUT
World’s 22 richest men have more than all African womenWells praises progress on FATF
PM directs FBR chief to hold 'open house' every Monday
Decline in cotton output annoys PM
Milk, rice, wheat flour, other items, Big retailers can charge no sales tax
Murtaza made Deputy Governor SBP
Wholesale sugar price up by 11pc
PTA urges govt to reduce electricity charges
FPCCI calls for framing 'robust' industrial policy
Proper direction vital to boost economic growth: PBIF
Sluggish trading activity seen on cotton market
'Breast cancer ward' set up at SIUT
The wide and deep slowdownMurtaza Syed appointed Deputy Governor SBP for 03 years
Sindh Govt failed to control the price of commodity
Bilal inaugurate today the mega project of water supply to KarachiFor more than 100 business, condition removed of 74 types of licenses
For Traders, announced fixed tax scheme on the basis of turnover
Pakistan pavilion will setup in Dubai Expo 2020
Pakistan will not benefited Pak – China FTA, phase II. FPCCIDate: JANUARY 20, 2020
DAWN NEWS PAPER
Growing exports in a dollar-starved economy
Government warned against gas tariff hike
Dealers urge govt not to increase CNG tariffFreeze of trade with Pakistan hits thousands in India
FATF Working Group meeting: Pakistani delegation reaches Beijing
‘SCCI to form council to solve business community problems’Pakistan witnessing cost push inflation: economist
Weekly Cotton Review, Prices remain stable in local, international marketsApplication to increase the price of electric per unit Rs0.98, NEPRA will hear on 29th January
Whatsapp service restore after suspended 1.5 hours all over the world
10 best countries of 2020, America on topPakistani delegation reached China for the dialogue on FATF
Problems resolved after starting of EOBI online system
In Saudi Arabia, now business will not closed for prayer
Whatsapp consumer face difficultiesDate: JANUARY 19, 2020
DAWN NEWS PAPER
Pakistan wants US to get it off FATF grey list
Govt to screen Rs4.03tr investments in savings schemes
Cotton production declines to 8.3m bales
Cotton maintains bullish outlookGovt reluctant to link State Bank Governor’s tenure with performance
Govt urged to facilitate business community
IWCCI hails govt for reducing circular debt
FBR to get bank account holders details by end-January
Cotton arrivals down 20.26 percent to 16-year low of 8.33 million bales till January 18
AEDB initiates certification of net-metering solutions providers
Weekly inflation down 0.18 percentCombined income group, SPI inflation down 0.18pc WoW
Up to 15pc increase in gas prices proposed
Tax appeals: ATIR rules provide for separate procedure: bench
Inadequate gas supply, Industrialists slam SSGC for poor gas supply
Collector Customs assures PCDMA of providing facilities
Open up imports to expand exports
Modest trade activity seen on cotton marketWith new technology Textile Industry have to become strong. Ikhtiyar Baig
Heimtextil Exhibition, Pakistani companies get positive response
Textile, 4% increased in Export of cloth
Closure of Gas is harmful for the Export. Industrialists
Reduction in production of Cotton, 50 lac bale likely to be importDate: JANUARY 18, 2020
DAWN NEWS PAPER
Foreign investment in treasury bills reaches record $2.2bn
Power firms seek Re1 hike in fuel adjustment for November
Big industry output shrinks 4.61pc for eighth month
China posts weakest growth in 29 years as trade war bites
Water shortagesFBR officers want chairman from IRS, Customs Group
T-bills attract largest single-day foreign inflow of $536.1 million
Current account deficit shrinks 75pc in H1 on weak imports
WHT collection slips 29pc as return filing soars
Nepra grants generation tariff for two 150MW solar power projects
Chinese economic growth hits 30-year low
Lahore Metro Train from March 23
193 drivers arrested for one-way rule violations
Karachi experiences coldest day of current winter seasonLSM witnesses 5.93pc decline in 5 months
New tax laws, FBR explains GST/FED-related amendments
Foreign investment in govt securities exceeds $2bn
1H C/A deficit narrows down 75pc YoY
Fake pay order, MCC Port Qasim lodges FIR against importer
FCCI chief hails govt's decision to create PCRC
Chinese economic growth hits three-decade low
'FBR chief should be from Customs or IRS'
Cotton market, Volume of business rises on strong demand
EDB may seek PCSIR help to check quality of imported boilersLahore, Orange Line Train will operate from 23rd March
Rs.80 billion investment in Govt bonds in one day
Our country is not in position that we subsidies the Hajj. Noor-ul-Haq Qadri
Duration of winter season prolong, it will continue till mid March
Suggestion to appoint Chairman FBR from IRS or Custom Group
EXPRESS NEWS PAPER
In Pakistan large manufacturing industry production slow
In T-Bill one day investment record 53 cror
Egypt closed visas for Pakistanis, Traders & Industrialists in trouble
Price increased of flour in Karachi
After Oil, Meat, Vegetable price of Flour further increasedDate: JANUARY 17, 2020
DAWN NEWS PAPER
Unutilised water flow into sea causes $29bn yearly loss to economy: Irsa
Govt striving to boost industrial capacity: Asad
Six-month foreign direct investment jumps 68.3pc
Commodities: Prices rise on cotton market
Karachi Traffic Police Ad,IPSOS survey: 79pc say country heading in wrong direction
New e-governance system: There won’t be any need for clerks
FDI surges 68.3 percent to $1.34 billion in July-December
RTO-II Karachi posts 24pc growth in revenue collection
Exports: How the ‘unprotected’ are beating the ‘protected’ at their game
FBR explains sales tax input adjustment
Rising temperatures threaten outdoor workability
Forex reserves rise to $18.123bln
Sindh, Nadra sign MoU to issue certificates online
IT ministry to introduce E-governance system in all ministries by year-end
Huge quantity of expired chocolate seizedUnregistered persons, FBR unveils STGO regarding supply curbs
Industrial zones, Cut in annual fee for development charges on the cards: minister
E-commerce: pay attention to ‘competition’
Karachi facing acute water shortage, says KWSB MD
Umar says govt determined to establish four SEZs in 2020
‘Sindh Urban and Regional Master Plan Authority’ to be established
LCCI, FPCCI join hands to boost economic growth
Revenue shortfallKarachi Traffic Police Ad,
EXPRESS NEWS PAPER
Bad condition of economy, 31% of Pakistani lost their jobs
To end the floor crisis approval granted to import 3 lac ton wheatDate: JANUARY 16, 2020
DAWN NEWS PAPER
Centre, Sindh meet today to settle gas share dispute
FBR intensifies efforts to nab tax evaders
Govt raises Rs274.7bn from T-bill auction
Consumers brace for higher cooking oil, flour prices
Commodities: Quality cotton in short supply
SSGC earning bad name due to low gas pressure, says company officialAPTMA decries making taxes, surcharges part of tariff for export industry
Govt urged to consult businessmen
CNG association, transporters protest against gas outage
China grants tariff concession to Pakistan under CPFTA
China offers to help Pakistan on SPS farm trade barriers
PM lauds LCCI export-boost planPower tariff, Move aimed at charging all add-ons irks APTMA
FPCCI to work with govt to seek resolution of issues: Nisar
Higher exports, LCCI chief presents roadmap to PM
Govt mops up Rs275bn through MTBs
SMEs still under credit constraints: analyst
PM to announce concessions on 20th, Traders to begin complying with CNIC condition from Feb 1?
BMP urges govt to consult FPCCI on economy
Trade activity improves on cotton market
FBR divides Directorate of Internal Audit into ‘North’, ‘South’ categories
DG (I&I) IR to intensify action against big tax evadersFBR demanded report regarding sales & purchase of property within 5 years
K-Electirc & electric distribution companies done loss of Rs123 billion, NEPRAPakistan start contacts for come out from grey list, FATF meeting on 20th January
For the Export Industry exist the discounted rate of electric. Power Division
Without strong polices no Industrial progress. Report
SEPA closed down power loom due to noise pollution
Illegal traveling on one way start campaign from tomorrow
Loose milk is harmful. Pakistan Medical AssociationDate: JANUARY 14, 2020
DAWN NEWS PAPER
PM directs commerce officials to set export targets
‘Sustainable growth hinges on exports’
Sindh govt supports businessmen’s protest against gas shortages
Fitch reaffirms Pakistan’s rating at B-, outlook stable
It’s the economy, stupidState Bank of Pakistan’s Reza Baqir says Pakistan needs a shift towards export-based economy
Sindh govt supports industrialists
Goods transporters call off strike after talks with Sindh, federal govts
Don’t worry, says PM Imran Khan’s commerce adviser
Passenger car sales plunge 38pc in Dec
Jan 31 last date for filing of property, professional taxPM lays greater emphasis on higher exports
PM meets businesspeople, orders steps
Industrialists postpone their protest against SSGC
SBP governor underscores need for higher exports
Goods transporters end strike; decision welcomed
A deeper look into textile industry’s proposalsGovt admits petroleum prices increased by Rs28 per litre
Pakistan’s economy is improving, rating remains at B-Minus. Fetch Report
India’s economy declared worst during 42 yearsIndustrialists protest achieved result supply of Gas assured
Demands to be fulfilled assured, Goods Transporters strike end
Corruption abolished performance will improve. Razzak Dawood
Pakistan’s economy stands remain B-Minus rating Fetch Report
Energy Minister in link with Industrialists, disclose gas crisisDate: JANUARY 13, 2020
DAWN NEWS PAPER
Why Pakistan runs low on productivity
Banks should lend more money to SMEs
Efficiency standards for lighting products to be enforced from 15th
More than 60 essential medicines not available in market
Sepa expedites disposal of complaints related to environment
Weather disrupts PIA flight scheduleOfficers reject proposed autonomous body status for FBR
Economic situation to get better this year, says Hammad Azhar
‘78,484 complaints of expats redressed via Pakistan Citizen Portal’
Gas supply to cotton mills protested
Gas shortagesTraders’ viewpoint, Transporters’ strike badly affecting export sector
FY20, Over Rs600bn revenue shortfall projected
FBR chief says will resume office on 20th
WEEKLY COTTON REVIEW, Prices maintain increasing trend
PBC’s National Charter for Exports
Prices of essential food items continue to rise17.5 billion Refund paid to Export Sector. Razzak Dawood
Sindh Govt will produce 2485MW Electricity through Air & Sun
Goods Transport strike entered in the 7th dayDate: JANUARY 12, 2020
DAWN NEWS PAPER
Students, traders among top complainants on citizen portal
Hike in minimum wage linked to drop in suicide rate
FBR chairman to resume office on 20th
Six-month remittances rise to $11.4bn
Tax reforms yield Rs209bn in additional revenue
Ginners reluctant to sell at current rates
KE launches online fuel cost adjustment calculatorBusinessmen blamed for causing price hike
PM to announce concession for traders on 20th: Shabbar Zaidi
Govt approves 121 gas schemes despite huge deficit
Current tight policy stance ‘appropriate’ to lower inflation
LTU Karachi collects Rs665bln of taxes in first half of FY20
Remittances rise 3.31pc to $11.394bln in July-Dec
Tax amnesty shows lack of will in making crime pay
FPCCI seeks cut in mark-up rate
Malaysian minister vows to promote bilateral tradeBoosting SMEs top govt priority, says Dawood
H1 workers’ remittances up $365m YoY
There’re no differences between PM, chairman: FBR
PBIF chief urges govt to restore zero-rating for export sector
Value-added exports up by 27pc, says Razak
Redressing people’s complaints, Citizen Portal has become the most effective tool
Modest trading activity seen on cotton market
Revival of sick unitsIn spite of scarcity of gas Govt has approved 121 new schemes
Deadlock in dialogue between Govt & Transporters, strike entered in 7th days
Sick IndustryFrankfurt, Heimtextil Exhibition, Pakistanis companies get good response
To facilitate Investors, Pakistan has setup Business Portal
On the Gas crisis Traders announced protest
17.5 billion Refunded to Exporters
Dialogue failed, Good Transporters announced to continue strike
More than 1 billion peoples suffering from Head Pain in the worldDate: JANUARY 11, 2020
DAWN NEWS PAPER
Centre again rejects Sindh’s claim to gas it produces
Opposition, govt senators trade barbs over gas shortage
10 banks sign pact to create Pakistan Corporate Restructuring Company Ltd
Traders vs FBRGas shortages: Sindh, Balochistan senators protest in Senate
Leading banks join to form corporate restructuring company
FBR traces 10,000 people involved in money laundering
Banks’ deposits rise 10 percent to Rs14.6 trillion in 2019
Exchange rate remains strictly market determined State Bank of Pakistan
K-Electric launches online FCA calculator231 exhibitors participate in Heimtextil expo in Germany
Banks sign deal to revive sick industrial units
CNIC condition on sales at retail stage, FBR to hold meeting with traders on 22nd
Combined income groups, SPI inflation up 0.36pc WoW
Sindh to face gas load-shedding for 2 yrs: PD
83pc of global exports liberalised in CPFTA-II: Commerce ministry
KE’s online FCA calculator goes live
Ginners not interest in fresh deals on cotton market
Gold further down by Rs1,000 per tolaState Bank setup institution for recovery of sick industrial units
We have not rejected demand of Sindh regarding gas
Goods Transport strike entered in 6th days, loss of billion rupees
FBR find out approx.10, 000 peoples involved in tax evasion
Crime dealing on the Airports, no one can stop them. Chief Justice Gulzar Ahmed
Air pollution, effect on brain along with lungs, ResearchCountry Airports become dangerous place. Justice Gulzar
State Bank stopped to given loan to the Govt. Raza Baqir
Decided to given authority to FBR regarding service fee or chargesDate: JANUARY 10, 2020
DAWN NEWS PAPER
Talks resume between FBR and traders
SHC issues notices to federal authorities on plea against petroleum price hike
Pakistan moves US court to stop over $6bn fine in Reko Diq caseGovt admits price hike, revenue shortfall in NA
PRAL case: Why FBR did not develop software, asks Supreme Court
No more lavish weddings in India as Rs772 bn industry hit
POL prices challenged: SHC directs OGRA, Ministry of Petroleum to respond
Govt expects economic recovery by end of FY2020
State Bank of Pakistan forex reserves rise to $11.5bln
At 7.5°C, Karachi shivers in season’s coldest night
Record inflationExport: Textile industry identifies major hindrances
Policy measures start paying off, MoF sees recovery towards the end of FY20
Stabilisation weighs heavily on activity: WB
Sindh consumers must not be burdened with high cost of RLNG: CM
Changes in turnover tax rate, Leading sectors’ traders to meet tax authorities on 13th
City police chief advises industrialists to install CCTV cameras
Mian Adrees elected chief of EFP Punjab
The corrupt, tax cheats, ‘secrecy’ & RTI — I5th day of Transporters strike Imports & Export suspended
Pakistan’s passport declared 4th worst travelling documents
Date for tax refund claim extended up to 15th February
Improvements in economic condition forex reserves increased
F.B.R Chairman summoned personally, why FBR do not design its own software. Supreme Court
Pakistan’s strict monetary policy and financial stability to continue likely, World Bank
By end of fiscal year 2020 economy likely to be restored. Ministry of Finance
Work at all ports stands still due to goods transporter strike. President F.P.C.C.I
Transport Strike?F.B.R and Traders meeting, agreed to complete committees
Budget preparation: IMF mission will visit Pakistan next month
Country’s forex reserves increased by 34 lac dollarDate: JANUARY 09, 2020
DAWN NEWS PAPER
Allowing refund to companies: SC asks FBR to complete inquiry against officials within 15 days
Pakistan dispatches detailed reply to FATF
Government to raise Rs2.95 trillion through treasury bills, PIBs
Truckers strike slows down export shipments
Sindh has rejected Centre’s bid to increase gas price for consumers, PA told
Pak passport slips further in ranking
Economic failureInquiry against taxmen, FBR inaction annoys SC
1US$ will be equal to Rs172 by year’s end, Nepra told
Fiscal deficit, Govt intends to borrow Rs2.95trn in 1QCY20
Nausheen gets charge as FBR chief goes on sick leave
Credit to business mirroring growth
Goods transporters’ strike enters into 3rd consecutive day
Reducing interest rates to single-digit will trigger growth: PBIF
Islamabad: is the fog lifting?
SBP lays emphasis on reform process
‘Unconstitutional’ taxation by provinces: SRB’s responseF.B.R Investigation begins against purchaser of dollars and tax issues during 2017-2018
Our right is first on national gas, we will not purchase imported LNG. Chief Minister SindhInvestigation against 24000 persons involved in huge purchase of dollar
Goods Transporters strike continues loss of Rs 40 billion daily
Illegal refund worth billions of rupees looted, F.B.R do not care. Chief Justice
F.P.C.C.I and K.C.C.I demands resolution goods transporters issues
Rs.10 billion loss likely to hit exports by good transporters strike. Jawed bilwaniDate: JANUARY 08, 2020
DAWN NEWS PAPER
231 Pakistani exhibitors at Heimtextil
Senate panel okays changes in laws on money laundering, forex
Talk of shake-up swirls at FBR
Banks to submit forex cases thru SBP portal
Pakistan among best underrated places to visit this year: Forbes
Beggars or borrowers?Textile exporters concerned over goods transport owners strike
Natural gas shortages in Pakistan – The true story
Govt toughens Greenfield tax incentives regime
Cargo truckers join transporters strike; port congestion feared
SECP eases Companies Regulations, 2018
SHC moved against increase in prices of petroleum productsDecline in exports, Ministry in state of shock
Goods transporters strike, Textile exporters in doldrums over suspension of cargo traffic
Owned, monitored by PM, PBC calls for devising long-term export policy
Facilitation of startups, SECP to introduce major amendments to Companies Act
SEPA disposes of over 200 public complaints
GVCs – a fillip for exportsNews about loss to SECP in current year is not correct. Khalid Mirza
Finance Committee, transfer of more than 10,000 dollar bank permission rejected
Heimtexil 2020 Trade Fair begins in Germany Frankfurt
Industrialists Community demand to return back fuel adjustment chargesFederal Govt decision to place budget in may instead of June
Goods Transporters strike entered in 3rd dayDate: JANUARY 07, 2020
DAWN NEWS PAPER
ECC okays amendments to Nepra Act
4pc growth target to be missed: SBP
Exporters urge FBR to release refunds within 72 hours
NA passes crucial bill to meet FATF requirement
Centre, Sindh agree to streamline gas supplies
Cargo traffic suspended as goods transporters go on countrywide strike
UAE launches multi-entry tourist visas for allBasic textile industry hanging by a thread
PBC urges policy shift to boost manufacturing-led exports
FBR eyes Rs4trln debt market for new taxpayers
Pakistan likely to miss 4 percent growth target
Tax ordinance anomalies identified
Trade gap shrinks: 31pc on low imports in first half
Traders protest as Customs seizes ‘smuggled goods’ in Tariq Road raid
Govt on the verge of killing us economically, say transporters
Inflation touches highest level in seven years: State Bank of Pakistan
UAE introduces five-year multi-entry tourist visa
AI matches human brain cancer diagnosis: study
The economy in 2020SBP fears rise in food inflation
There must be no complacency towards FATF challenge: MoF
How big is Pakistan’s household debt?
Joining GVCs to put exports on path to growth: SBP
UBG extends support to newly-elected FPCCI body
C/A deficit to be 1.5-2.5pc of GDP in FY20: SBP
‘Right of Access to Information Act’, Citizens can get information from govt for free
Regional Tax Offices, FCCI chief welcomes establishment of ‘Help Desks’
Goods transporters go on strike
‘Anomalies’ in 2nd Tax Laws Amendment Ord 2019, KTBA sends letter to FBR
UAE launches multi-entry tourist visas for all
Intertextile Shanghai, Apparels & Fabrics, Spring Edition, Shanghai-China, March 11-13, 2020, Last date to apply: January 20, 2020Decision to recover from consumers on account of imported gas
Current year govt Haj package including Qurbani will reach to Rs 6 lac
5 years tourist visa approved by UAE
Business without red tapism6 months July to December trade deficit stands at 11.6 billion dollar
During current fiscal year to achieve 4% economic target is difficult. State Bank
ECC meeting, NEPRA being given complete autonomy to fix electricity tariff
Goods transporters observe complete shutter down strike
Intertextile Shanghai, Apparels & Fabrics, Spring Edition, Shanghai-China, March 11-13, 2020, Last date to apply: January 20, 2020Date: JANUARY 06, 2020
DAWN NEWS PAPER
Consumers to pay for power losses under fresh proposal
PM asks regulators to issue licences quickly
Industry seeks govt support for growth
Shaikh promises recovery, jobs
Pitfalls of tight monetary policy
Absentee leadershipSECP likely to register deficit first time
‘NAB deposited Rs178 billion in national exchequer during last two years’
A slap in the faceExports post 3.21pc growth in Jul-Dec
SECP specifically defines SMEs
Regulatory authorities, PM directs Cabinet Division to devise separate mechanisms
Domestic gas supplies may reduce by over 28pc in 2024
Income tax returns and wealth statements, FMU will have access to taxpayers’ information
Businessmen hail UAE golden visa policy
Knitwear worth $1.320bn exported in 5 months
Withdrawal of import duties on cotton
Country’s exportsLicense permission and N.O.C process to be made easy. Prime Minister
F.B.R detected network involved in tax evasion worth crore of rupees
Married Man and Married Woman have no discrimination in getting registration to start business. Ministry of FinanceDate: JANUARY 05, 2020
DAWN NEWS PAPER
SNGPL to refund: Rs513m to gas consumers over low pressure
45pc Pakistanis optimistic about 2020
FBR says medium traders needn’t to withhold taxes
PTBA demands probe into fake circulars
Off the target, A review of the FBR’s performance during the first half of FY 2020NA body told, More sectors to be brought into tax net
SECP issues updated guidelines for NPOs
NKATI rejects raise in power, gas & POL prices
PBIF slams hike in gas, power POL prices
Country facing stagflation?FBR hired services of whistle blowers to detect tax evaders
Want to bring improvement in tax system through cooperation of taxpayers. FBR
Annual salary of CEO of apple is Rs 1 billion 79 croreLow pressure of gas excess billing, Prime Minister order to return additional amount
Loss of Rs 330 billion due to decrease in imports. FBR
Tax rate reduced in lieu of CNIC condition
Collection in custom duties reduced by Rs 29 billion 69 crore 90 lac
Heimtextil will be held at Frankfurt on 7th January
Decision to setup help desk at department under the control of FBR
Raid on blacklisted companies involved in tax evasion of Rs 113 croreDate: JANUARY 04, 2020
DAWN NEWS PAPER
Job creation, development are govt priorities: PM
KE tariff hike should be gradual, say senators
KE denies increase of Rs4 in consumers’ billsBusinessmen want export rules, procedures simplified
SHC issues notices to SSGC, others on plea against gas shortage
Private sector credit falls 77pc in July-Dec
FBR authorised to share taxpayers’ info with FMU
SBP asks banks to submit claims on concessional loans
Corruption, unclear laws scare capital away
Economic declineManufacturing industry bound to make supplies to only registered buyers
KCCI chief demands reduction in sea port charges
Cotton growers and ginners, Ministry accuses govt of giving preference to ‘mighty’ textile sector
Memorandum on the Tax Laws (Second Amendment) Ordinance, 2019Govt initial 500 days, additional burden of Rs 1500 billion on public
Current week inflation increased by 19.84%, price of 28 items enhanced
During 6 months tax collected Rs 2 thousand 80 billionCNIC condition will be imposed from next month. Shabbar Zaidi
UAE’s economic gestureDate: JANUARY 03, 2020
DAWN NEWS PAPER
Tax changes to attract foreign investment in govt debt: SBP
‘Cess removal to help reopen units’
Computer programme beats human breast cancer diagnosis
Revenue jittersFBR files petitions against 14 non-filers in Special Court
UAE Crown Prince announces $200m support for Pakistan
Sales tax evaders warned of penalties, goods confiscation
Sales tax collection on imports surges to Rs400bln
National savings profit rates slashed
KCCI calls for steps to upgrade industry
State Bank’s forex reserves riseNon-residents, Tax regime simplified
Gas deficit in Sindh, SSGCL to add 25 mmcfd gas from new field
Ease of doing business, Mian Anjum highlights problems of business community
Five export-oriented industries, KCCI chief urges govt to create enabling environment
Indonesia providing zero tariffs for 20 items: envoy
Fake serial numbers of banknotes, SBP rejects rumours
Magnetic stripe ATM cards will continue to work: SBP
Foreign reserves surge to $18bn mark
High cost of electricity undermines country’s industrial growth
FBR’s mid-term report cardImran political consultation in democracy, ready on consensus
UAE announced Rs 31 billion for small business in Pakistan
In country’s history 1st time cases filed against 14 non-filers
Rate of profit in national savings scheme slashed
Last date extended up to 12th January to collect motor vehicles taxRate of reduced profit on national savings scheme announced, effective from 1st January
Country’s forex reserves increased by 18 billion dollar
On New Year airfare increased at all a sudden
Policy makers to create conducive atmosphere to promote exports, President KCCIDate: JANUARY 02, 2020
DAWN NEWS PAPER
PM’s aide directs FBR to raise revenue collection
Tax laws changed to punish currency smugglers, benefit traders
NAB recovered Rs150bn last year: chairman
Inflation clocks in at 12.63pc in December
LPG producers oppose further concessions to importers
CPFTA-II goes into operationCash, gold smugglers to face heavy penalties, jail
PM Imran Khan, his financial teams tell APTMA: No zero rating status for export sectors
Without abolishing CNIC conditions…: FBR comes up with alternative plan
Tax Laws (2nd amendment) Ordinance 2019: Sharing of information with FMU clause inserted
FBR asked to ‘aggressively’ work on broadening of tax base
‘Gas crisis, fuel adjustment charges to cripple Karachi industry’
Economic outlookHafeez asks FBR to redouble efforts
Cash currency smuggling, Proposed law seeks to increase penalties
Rs 103 billion refunds paid in H1: FBR
July-Dec, ST collection shows ‘remarkable’ growth: FBR
October 2019, Nepra hikes Discos tariff by Rs1.57/unit
‘Increase in power tariffs to decrease industrial output’
Karachi industries suffer on account gas suspension: KCCI chief
Exports: the lesser god on govt’s totem pole
Tepid expansion in exportsZero-rating status for export sector cannot be restored. Imran Khan
Saudi Arabia, source of income to be disclosed while depositing in bank
Ordnance for electricity thievesStrict penalties for businessmen and traders not linked with FBR
Notification issued to increase electric tariff by Rs 1.56 per unit
2nd phase of Pak – China free trade agreement imposed WEF 1st January
Record of 38 industrial plots of Nooriabad SITE missing
Permission be cancelled allowing K-Electric to collect 4 years fuel adjustment charges. NKATI
New Year needs economic breakthroughDate: JANUARY 01, 2020
DAWN NEWS PAPER
Court stops FBR from acting against textile mills
Six-month revenue collection shortfall rises to Rs287bn
Gas supply to industry restored
Price of petrol raised by Rs2.61 per litre, kerosene by Rs3.10
Govt raises Rs466bn through T-billsTHE NEWS INTERNATIONAL
Govt’s New Year gift Fuel, power hike sting nation
FBR faces Rs118 bn shortfall in tax collection till Dec 2019
Govt enters 2020 with Rs1.66tr circular debt
SNGPL restores gas supply to general industry
Trade under Pak-China FTA-II begins today
Rupee tumbles more than 11 percent in 2019FATF challenge, SBP speeds up action plan
Import compression causing Rs56bn monthly tax effect
Effective from today, Import of 6,786 items from China exempted from duty
Electricity purchase from Iran, Millions of Euros to be paid to three Pakistani cos as barter
Jul-Sep 2016 to Jan-Mar 2019, Nepra increases KE’s tariff by 38pc
Petrol price up by Rs2.61/litre
Pak, US trade set new record of $6.6bn in 2018: US embassy
Masood calls for evolve existing labour laws
Pak-China FTA to be fully operational from today
SNGPL restores gas supply to industry
2019: A tough year it was indeedNew Year begin with discouraging note, petroleum prices increased, new weave of inflation
During New Year gas crisis will increase, shortfall likely to be of 4 billion cubic feet
Nab law price of immoveable property condition also included
Last date to submit income tax return extended up to 31st January
Inflation rate in one year increased from 5.5% to 18.5%. Report
2nd Phase of Trade with China, zero duty on 313 Pakistani products
Last date to submit professional tax up to 31st JanuaryNew Year’s gift, petrol, LPG costly for Karachi electricity increased by Rs 4.88 per unit
2019 proved full of challenges for economy
During last tenure loan of Rs 153 billion given on very low interest rate detected
Last date extended further by one month to file income tax return
Cotton Ginners expressed concern on import of duty free cotton
Pak – India trade ban stand at 4 ½ months
FBR revenue shortfall reached to Rs 287 billion, minibudget likely to be in 1st quarter due to non-full filament of IMF condition