Date June 30 , 2019
DAWN NEWS PAPER
PM says action against money launderers soon
Govt amnesty scheme comes to end
Suzuki raises vehicle prices by Rs40,000-329,000
THE NEWS INTERNATIONAL
Massive surge in gas tariff notified
FBR to be trimmed in a week or two
FBR facing Rs389 bn shortfall against revised target of Rs4,150 bn
kTBA demands extension in amnesty scheme deadline
Govt supports the rich, taxes the poor
LCCI urges govt to resolve issues
In the economic scheme of things
BUSINESS RECORDER
2014-19 textile policy fails to achieve all targets
Textile sector has potential to boost exports, create jobs: Prof Hina
BMP for appointment of TDAP’s CE from private sector
PBIF chief voices concern over devaluation of rupee
Electricity, gas tariffs increased
Tax amnesty scheme expires: FBR has not proposed extension yet
Supply recipients: FBR unveils procedure for withholding of GST
Amnesty scheme yields Rs25bn so far?
Rs50,000 unregistered sales: CNIC condition relaxed for end consumer
Sales Tax Rules amended: Biometric verification from Nadra mandatory for new applicants
Amnesty scheme: RTOs, LTUs told to facilitate declarants
Rupee depreciation against dollar rattles businesses
JANG NEWS PAPER
Depreciation of rupee is the reason of money laundering, big crackdown will be carried out
Planed to make big changes in FBR
Rs 3842 billion tax target, FBR have to collect Rs 81 billion today
Economic autonomy is unavoidable for freedom
EXPRESS NEWS PAPER
Decision to impose 17% sales tax on zero rating export sectors
Pakistan Textile Processing Mills Association announced to close down factories from Monday
Large scale manufacturing reduced by 3.51%
F.B.R and Sindh Revenue Board agreed for 3000 billion tax adjustment
Last day of amnesty scheme, assets worth of Rs 1575 billion disclosed Rs 34 billion tax deposited
Difficult Decisions and Economy
Date June 29 , 2019
DAWN NEWS PAPER
PTI manages to get budget passed with 176 NA votes
COAS blames past decisions for fiscal mess
IMF opposes extension of amnesty scheme deadline
Rupee gains 3pc against dollar in interbank market
Ogra proposes nominal cut in petrol, kerosene rates
Traders threaten strike, rallies against budgetary measures
World Bank approves three projects for Karachi
THE NEWS INTERNATIONAL
Finance Bill 2019-20: Budget passed despite opposition resistance
COAS speaks at NDU: ‘Collective effort must for difficult decisions to succeed’
IMF not in favour of tax amnesties: resident chief
Petrol price likely to go down by Rs0.77 per litre
SBP intervenes with ‘sizeable amount of dollars’ to defend rupee
Massive revenue shortfall of Rs300 bn projected
Govt policies yield positive results: FCCI
BUSINESS RECORDER
Major amendments made in finance bill
FBR issues notices to 40,000 non-filer companies
GST, FED cases in litigation: Scheme may be reintroduced to allow principal amount payment
Increase in prices of HSD, LDO recommended
PM’s hint at extending amnesty scheme deadline hailed
Theft, mugging on the rise due to power outages, says NKATI
JANG NEWS PAPER
Responsibility of all make successful all tough decisions of the Govt. Army Chief
Amnesty is unfair for honest taxpayers and not good for economy. IMF
Federal cabinet meeting called on 2nd July approval likely to banned Rs40,000/- Prize Bonds
Minor and Infants can take 5000 and 500 dollars while going abroad
Extension likely in date for submission of revised tax return
Period of capital gain tax reduced from 10 to 8 years, rates of various taxes also reduced
EXPRESS NEWS PAPER
Federal approved with majority, opposition strongly protested
Tax amnesty scheme, F.B.R online system collapsed
People going abroad have to obtain foreign currency declaration
Reduction of amount in Swiss banks
Date June 28 , 2019
DAWN NEWS PAPER
PM hints at extension in amnesty scheme deadline
Final version of budget to be shared with IMF by July 1
FBR must inform taxpayers about basis of their income’s audit, LHC rules
Govt to collect additional taxes worth Rs516bn: Azhar
Industry lashes out at govt for rapid rupee dive
‘Budget will have disastrous consequences for middle class’
Sindh Assembly passes tax-laden finance bill
Study depicts threat posed by plastic pollution
THE NEWS INTERNATIONAL
PM takes serious notice of price hike
After establishing tax amount: Pakistan can only request foreign countries for tax collection
Pak money in Swiss banks dwindling for last three years
Islamabad, Karachi among least expensive cities of the world
Rupee falls to new lifetime low of 164.50/dollar
Fitch says IMF bailout deal to weigh on Pakistan’s growth
Session on draft SME policy held
FBR expects Rs25bln more revenue from enhanced sales tax withholding rate
Gaping export void can only be filled by a wide industrial base: economist
Get your numbers right or have your days numbered
Gas utilities to add pipelines
Clear policy on exchange rate urged
Taxes imposed on online shops, ride-hailing services as PA okays finance bill
BUSINESS RECORDER
IMF deal: growth to be negatively impacted in short run: Fitch
Assets declarations: Declarants face hardships as FBR portal breaks down
Dubai-based properties: Rental income not chargeable but declarable
Dollar may reach Rs 200, says Zardari
Textile exports: dismal performance
Asset declaration: ambiguities, lacunae, solutions
Session on ‘Draft National SME Policy’: FPCCI stresses need for business-friendly environment
LCCI seeks govt’s clear-cut policy on soaring dollar
SBP foreign reserves down by $322 million to $7.282 billion
MoF seeks withdrawal of Rs 7,500, Rs 15,000, Rs 25,000 prize bonds
Rs40000 prize bond, Holders in trouble as dealers charge Rs3000 per bond
Banks to remain open on Saturday, Sunday
JANG NEWS PAPER
Tax evasion, Pakistan can only request to foreign countries for collection of tax
Prime Minister hints to extend deadline of Tax Amnesty Scheme
Pakistan’s money in Swiss banks reached at 3 years below
3 Days left for biometric of accounts rush at banks
Amnesty scheme 194 persons deposited Rs 5 crore 58 lac tax 1n Multan
Data of sales assets in tax return will come on F.B.R system in numbers within 3 days
Tension of tax amnesty scheme, trading centers deserted, trading activities suspended
Create facilitation for taxpayers
EXPRESS NEWS PAPER
Pakistanis amount in Swiss banks reduced by 34%, 73 crore 80 lac dollar left
Dollar flying high Gold further costly, stock market dull
Reservation and apprehension of business community on amnesty scheme remains
F.B.R becomes an extortion organization. Qaiser Bengali
No deduction on encashment of Rs 40,000 prize bonds. State Bank
All banks will remain closed on 1st July
Give economic relief and control inflation
Date June 27 , 2019
DAWN NEWS PAPER
ECC approves up to 191pc hike in gas prices
Runaway dollar confounds money market
SBP promulgates Assets Declaration Ordinance 2019
No additional US conditions on IMF package for Pakistan
THE NEWS INTERNATIONAL
APTMA says around 80 mills on verge of closure
FPCCI demands ‘industrial amnesty’ for export-oriented sectors
Rupee ‘free fall’ failed to spur exports
Industrial estate grants tax holiday
Rupee devaluation, raise in discount rate add extra loan of Rs3,640 bn
Dollar and gold continue smashing dearness record
Pak financial team to visit US on July 3 to sign pact with IMF
BUSINESS RECORDER
Gas prices: increase approved by ECC
Declarants can deposit forex into bank accounts under ADO: SBP
”Declared assets could not be presented as evidence against declarant”
Amendments to Baggage Rules proposed: FBR to withdraw facility of bringing duty-free cellphone
BMP will take part in FPCCI election: chairman
Declaration of goods: KCCI urges govt to amend late filing provision
KATI asks government to bring investment for industrial sector
Setting up of export-oriented industry: FPCCI urges govt to announce first-ever industrial amnesty
10-paisa/unit increase in power tariff approved by Nepra
Income tax refund: FBR introduces automated system for processing, issuance
Lessons for the erstwhile ‘senior partner’: The Bangladesh story
JANG NEWS PAPER
Value of rupee and interest rate, loan of Rs 3640 billion
Holiday on Saturday, Sunday cancelled for F.B.R across the country
F.P.C.C.I demands industrial amnesty scheme
Record 2 lac Muslims from India will go to perform Haj
EXPRESS NEWS PAPER
Dollar reached at Rs163/-, Gold again at its peak, sluggish in stock market
India: during current year more than 2 lac pilgrims will perform Haj
Date June 26 , 2019
DAWN NEWS PAPER
Up to 200pc rise in domestic consumers gas tariff proposed
Despite reservations about jury, Pakistan to implement FATF reforms: envoy
No new tax imposed on ghee, flour: minister
State Bank discontinues Rs40,000 prize bonds
Repatriation of profit dips 25pc
UK to help firms do business in Pakistan
THE NEWS INTERNATIONAL
CNIC restriction withdrawn on shopping less than Rs50,000
‘Pakistan is in firm grip of debt trap’
Pakistan, India fight for control of Rs7 bn in UK high court
Shabbar worries over IRS officers’ exclusion from posting abroad
Pak expats in UAE declared Rs345 bn during last amnesty
LSM shrinks 7.76pc in April, 3.51pc in first 10 months
UK envoy says enhanced export financing to help SMEs in Pakistan
FPCCI hails Qatar Emir’s visit
FBR impounds six non-duty paid luxury vehicles
BUSINESS RECORDER
PTI-led coalition devises budget passage strategy
Zero-rating regime withdrawal commitment to IMF
May exports down 1.72 percent YoY
International departures: CAA fixes Rs 2,800 per passenger
New gas prices to be approved today: Urea prices may increase by Rs 200/bag
Banks asked to withdraw Rs 40,000 prize bond
PBIF chief for restoring zero-rating regimes
Khurram named KCCI’s acting president
FBR anomaly body finalises list of 146 grievances
Government urged to restore RD on import of cotton
Exports constant, but quality improves
JANG NEWS PAPER
Power of raiding on houses from Income Tax Commissioners withdrawn. Hammad Azhar
Against abolishing Zero-Rating Govt assured IMF. Razak Dawood
Decision to increase 200% in Gas price from 1st July
Sale of unregistered Prize Bonds of Rs.40,000 restriction imposed
Baggage rules changed for passenger in coming and going abroad
Pakistan’s Tax Officials concentrating on U.A.E. Dr. Ashfaq
Country cannot come out from debt till economy is documented. Economic Experts
Get benefit from Amnesty Scheme
EXPRESS NEWS PAPER
Power to raid on houses on assumption of foreign currency, gold withdrawn
Govt will borrow record loan of Rs.430 trillion during fiscal year 2019-2020
Amnesty Scheme, people taking interest in filling tax return
Pakistanis legalized Rs.10 trillion assets. Dr. Ashfaq
Restriction on sale of unregistered prize bonds wroth Rs.40,000 public in distress
Date June 25 , 2019
DAWN NEWS PAPER
Qatar promises $3bn bailout for Pakistan
PM Imran forms body to ease business registration
Senate seeks abolishment of amnesty scheme, minimum wage at Rs30,000
Deputy head of India’s central bank quits, adding to independence concerns
Tax offices open till midnight
THE NEWS INTERNATIONAL
FPCCI vows to support crackdown against tax evaders
NADRA’s data mining may finally pay off
Gas tariff hike to bring Rs200 bn to state kitty
Automated ST registration from July 1
SBP issues directive on prize bonds
Whitening money from amnesty scheme: Tax authorities obtain data of 152,000 Pak nationals from OECD
MKRMS seminar: Pakistan’s population may double by 2050, warn experts
BUSINESS RECORDER
PM says Amnesty deadline won’t be extended: ‘undeclared assets will be confiscated’
Clearance of export consignments: Submission of bank-registered contract, LC made mandatory
Senate rejects increase in taxes, prices of commodities
Internet services outage witnessed countrywide
KCCI report sees IMF imprints in federal budget 2019-20
Businessmen support crackdown against tax evaders: FPCCI
Domestic & commercial consumers: government set to jack up gas prices from next FY
ST registration: Automated system to be effective from July 1
Budget 2019-20: Assessment of taxation proposals
JANG NEWS PAPER
Petroleum division gave proposal to enhance gas tariff from 1 July
F.P.C.C.I’s 7 demands out of 10 accepted
F.B.R empowered to raid houses to recover gold, foreign currency
Saudi Arabia introduced residential schemes for expatriates
EXPRESS NEWS PAPER
Sales tax automation registration system to be enforced from 1st July rules framed
Date June 24 , 2019
DAWN NEWS PAPER
PML-N wasted $66bn fiscal space: Khusro Bakhtiar
Sales tax of 5pc, not 13pc, levied on ride-hailing services: Sindh govt
Shift in exchange, interest rate policy unlikely
Sindh Revenue Board Ad, First Ever Major Relief for Industrial Establishment / Undertakings
THE NEWS INTERNATIONAL
Power Division finalises gas tariff hike today
FBR proposes valuation rates hike in 18 cities
Ambassador-designate to Japan visits FPCCI
Month-long Haj flights to begin from July 4
Drive against tax defaulting vehicles starts today
Can tax jack slay the giant target?
BUSINESS RECORDER
Parliament empowered to approve, amend or repeal ADO, 2019: FBR tells LHC
Tax-to-GDP ratio to be increased to 12.6 percent: government
FBR proposes enhanced value for immovable properties in 18 cities
SBP governor’s press conference
JANG NEWS PAPER
FBR new proposed rates for valuation of immovable property in 18 cities
Govt promised with IMF circular debt of gas sector will not increase
Revenue target of Rs.5555 billion is unrealistic. Rehmatullah Wazir
Forex companies daily transaction is 4crore dollar, while one crore dollar deposited in State Bank
Govt borrowed Rs.9 billion 50 crore dollar foreign loan within 11 months
Important meeting with Prime Minister and Finance Advisor
EXPRESS NEWS PAPER
Rs.948 billion unregistered bonds are in the country. Shabbar Zaidi
17% Sale tax levied on 5 export sector
Air passengers will pay airport charges in Pak rupee instead of dollar
Action will be taken against undeclared property after 30th June
Goods Towel worth of Rs.3 million gutted in fire at factory at Shafiq more
Water Board silent, crore gallon water of citizen being sold to factories
Date June 23 , 2019
DAWN NEWS PAPER
MoUs signed with Doha on trade, investment, finance intelligence
Borrowing from SBP doubles to Rs2.7tr
FATF compliance will require all-out effort
Free trade talks with Indonesia next month
THE NEWS INTERNATIONAL
Assets information portal: Businessmen hail step amid data security concerns
‘Next week crucial for tax amnesty scheme’
Pakistan rejects Indian statement on FATF
Saudi Arabia becomes FATF member
Reforming monetary policy governance
BUSINESS RECORDER
Five zero-rated sectors: FBR set to levy 17pc GST to forestall revenue leakage
Finance Bill 2019: Withdrawal of several amendments to ST Act suggested
Talks on FTA next month, says Indonesian envoy
Mobile phones: PTA seeks withdrawal of baggage rules exemption
JANG NEWS PAPER
Amnesty Scheme, numbers of availing scheme will increase next week
In complete information on FBR website with regard to property, bank accounts & assets
Rs5/- to Rs7/- increase in petrol and diesel price from next month likely
“Revisit budget” 13 export sector bodies wrote letter to Prime Minister, demand to restore zero rating and with drawl of sales tax
EXPRESS NEWS PAPER
New property official rate in 18 big cities
FBR double service charges on goods clearance
Date June 22 , 2019
DAWN NEWS PAPER
Online tax profiling system for 53m people unveiled
Pakistan gets FATF reprieve, but only till October
Body formed to probe public debt use by PPP, PML-N govts
Opposition senators urge govt to revisit finance bill
Avail amnesty plan to avoid trouble, says PM
Doubts surround exchange rate stability
Key stakeholders can spur growth momentum, says Baqir
Pak-China business council to be formed: Khusro
Discos seek hike in fuel adjustment cost
Govt censured for ‘worst’ economic policies
Minister warns industries lacking effluent treatment plants of action
THE NEWS INTERNATIONAL
Govt agrees on Charter of Economy
FATF asks Pakistan to complete action plan by October
‘Nadra’s tax data helpful but not final solution’
LoI signed to obtain IMF’s $6 bn package
FBR uploading data into tax profiling system
‘Implementation on CPFTA-II begins to enhance Pak exports to China’
Three textile mill workers electrocuted
Govt urged to save SMEs from collapse
LCCI calls for industrial revolution
Honda raises car prices up to 14.37 percent
Jewellers, moneychangers in FBR crosshairs
BUSINESS RECORDER
Info about assets, bank accounts: Data of 53 million Pakistanis uploaded
Senate panel informed: CNIC condition assumes prime importance in input adjustment
Non-filers own over 13,000 luxurious vehicles in Karachi
Residences to be raided to recover undeclared dollars
FATF asks Pakistan to complete action plan by October
FATF unveils crackdown on cryptocurrencies
KATI concerned over hefty raise in charges by CAA
LCCI demands elimination of duties on raw materials
Implementation on CPFTA-II commenced: FCCI
Dawood to visit China for finalising FTA-II issues
Formulation of task force need of the hour: PRGMEA
Parliamentary panel urges FATF to remove Pakistan from grey list
Properties, accounts, transactions: public can access data on websites of FBR, Nadra
Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses
Drive against tax defaulting vehicles
The FATF challenge still persists
JANG NEWS PAPER
If people come into tax net than they will be benefited themselves. Shabbar Zaidi
Tax experts declared Rs.950 billion tax shortfall as fraud
All time record shortfall if revenue will be as on 30th June. Haroon Akhtar
EXPRESS NEWS PAPER
Anomalies in Finance bill pertaining to sales tax and income tax pointed out
Name of persons enjoying luxurious life included in the list of nontax payers, decision to crackdown
7 Chinese companies willing to install industrial units. Advisor Commerce
Date June 21 , 2019
DAWN NEWS PAPER
Revival of zero-rating not feasible, PM tells textile barons
Asad finds fault with budget, discloses details of IMF talks
Rs40,000 bearer Prize Bonds to be registered until March 31 next year
Senate committee rejects Finance Bill, asks SBP to freeze dollar at Rs150 and interest rate at 12pc
Gold hits new peak of Rs77,300
TDAP Ad on International Fairs at Riyadh, Saudi Arabia
TDAP Ad on International Fairs at Nairobi, Kenya
F.B.R Ad, Assets Declaration Ordinance 2019
THE NEWS INTERNATIONAL
Adverse measures may close textile units, PM told
Finance adviser forms committee to rectify anomalies in budget
Increase in retirement age to 63: Dr Ishrat-led task force defers proposal
Threat of FATF blacklist averted
Senate panel rejects proposals causing price hike
Sindh most corrupt province: SC
FBR sets up structure to implement Benami Act
Rabbani terms budget anti-labour
Uncertainty, a challenge for unprofessional family-run companies
Tax filing surges 58.7 percent to 2 million till June 17
Government fixes March 2020 as deadline for registration of Rs40,000 bearer bonds
Tax authority set to chase 13,000 luxury cars
Forex reserves drop to $14.639 billion
Removal of budget reservations sought
Sindh govt planning to ban plastic bags in Karachi soon, says minister
BUSINESS RECORDER
Five zero-rated export sectors: Businesspeople meet PM; no decision taken
Senate body rejects all taxation provisions of finance bill
Investors asked to get Rs 40,000 prize bonds registered
Anomalies in budget: Hafeez forms high-powered committee
KCCI chief foresees gas-related crisis due to 5 percent tax on LNG
Government urged to withdraw condition of buyers CNIC details
’11m electricity users could be brought into tax net by utilising data’
Banks’ sharing of account details with FBR: Experts term move significant development
SBP governor’s press conference
JANG NEWS PAPER
F.B.R formed administrative structure to start implementation on Benami Act 2017
Advisor Finance agreed for conducting business audit after every 3 years
UAE abolished visa fee for tourists under 18 years age for 2 months
Plastic raping made mandatory for luggage bag and other goods of air passenger
Commercial consumers of electricity given time to enter into tax net up to 30th June
13000 vehicles registered in Karachi and they do not file tax return
EXPRESS NEWS PAPER
Prime Minister hints to restore zero rating facility
Date June 20 , 2019
DAWN NEWS PAPER
Shahbaz asks govt to present new budget
Banks burden senior citizens over biometric verification
ECC takes no decision on wheat export, power rates for industry
PM’s aide says budget guarantees national security
Current account deficit shrinks 29pc in 11 months
Anomaly committee reconstituted
THE NEWS INTERNATIONAL
Ease of doing business: Govt to review all federal, provincial business regulations
Textile exporters want to pay 7.5pc sales tax
Broadening tax base: FBR, Nadra at odds over data analysis
FBR refuses to withdraw CNICs’ proposal for input adjustment
Current account deficit narrows 29.27pc in July-May
FPCCI to meet finance adviser, PM for resolution of issues
Retailers unauthorised to set prices of imported products
Charter of economy must to implement harsh reforms
Pakistan records fourth highest temperature on earth
BUSINESS RECORDER
Shahbaz demands government withdraw budget
FBR announces steps to remove trust deficit with taxpayers
No extension in last date of amnesty scheme: Hammad
Anomaly Committee (Business) reconstituted
Budget 2019-20: price to pay for a brighter future?
Five export-oriented sectors: Abolishing zero-rated regime to decline exports by 30 percent: Bilwani
Proposed Finance Bill-2019: FPCCI threatens to shut down businesses if demands not met
CNIC details of unregistered buyers: KCCI chief urges govt to withdraw condition
Hafeez invites FPCCI for doing away with anomalies in budget
KCA opposes proposal of imposing 10 percent GST on raw cotton
Senate panel for continuing ST zero-rating regime
Owners of undeclared assets: FBR set to kick off massive crackdown
July-May CA deficit down 29 percent YoY
Tax adjustment input: FBR refuses to withdraw proposal of making buyers’ CNIC mandatory
Broadening tax base: FBR, Nadra discuss data analysis mechanism
Senate body assured: FBR will conduct only one audit of unit in 5 years period
EU ready to help Pakistan come out of grey list: envoy
What should be on SBP governor’s agenda?
JANG NEWS PAPER
Textile Exporters agree to pay 7.5% sales tax instead of 17%
Standing Committee rejects Govt proposal to abolish zero rating
F.B.R refuses to withdraw mandatory condition of obtaining CNIC from buyer
Condition of obtaining CNIC from buyer be deferred for 1 year. Karachi Chamber
Committee formed to remove anomalies of finance bill 2019, Muhammad Ali Taba nominated chairman
Preparation underway to shift Sui northern head office to Islamabad
Dr. Saqib Nisar appointed new secretary of F.B.R
EXPRESS NEWS PAPER
Shah Mehmood meets Jemeri Hunt, U.K will increase Pakistan exports volume 1 billion pound
Pak-Saudia dialogue successful immigration of Hajis in Pakistan approved
Standing Committee Finance rejects taxable income limit
It is not easy to obtain particulars of CNIC of buyer. Karachi Chamber
Current account deficit under control
Raid by FBR team will be resisted with full strength. Ateeq Meer
Another view of country’s economy
Date June 19 , 2019
DAWN NEWS PAPER
High-powered body to draw up economic plan
Pakistan, WB sign three loan agreements for $918 million
FBR gets details of bank accounts holding more than Rs5m
Trade deficit shrinks amid stagnant exports
Pakistan, eight other countries to account for half of population growth by 2050
Sepa violates rules, holds public hearing
THE NEWS INTERNATIONAL
FBR not to share tax amnesty details of beneficiaries with NA body
Foreign Exchange Management Accounts: FBR for replicating Indian model
Government to raise Rs7.1trln through T-bills, bonds in June-August
Dealing with the double jeopardy of ‘tax-flation’
World Bank loans Pakistan Rs144 bn
FDI plummets 49.2 percent to $1.606 billion in July-May
Trade deficit narrows 14pc in first 11 months
Retirement age from 60 to 63: Minister says no decision taken by cabinet yet
BUSINESS RECORDER
Exports, imports witness decline in May
FDI declines by 49.2 percent in July-May
Pak-Italy businessmen urged to help enhance trade volume
Prolonged load-shedding: work in night shifts comes to a halt in NKATI
Search of residential premises, houses: Senate body opposes proposal to empower IR chief
Government urged to promote local producers of gas
FBR team visits SAI: Industrialists briefed about Asset Declaration Ordinance 2019
KCIP, BQIP seek withdrawal of 1.5 percent minimum turnover tax
EFP chief for recognising private sector’s role in ILO future of work agenda
Sialkot Chamber of Commerce & Industry “Appeal”
JANG NEWS PAPER
F.B.R refused to disclose numbers who availed amnesty
EXPRESS NEWS PAPER
Decision to increase 200% Gas price for domestic consumers WEF 1st July
Lukewarm response on amnesty scheme from people having black money
In first 11th months of fiscal year 2018-2019, trade deficit 13.6% shrinks by 29.2 billion dollar
Decision to increase penalty on taxpayers not allowing access to record
10 members committee formed to remove anomalies in finance bill
Good news by Governor State Bank on economic stability
Date June 18 , 2019
DAWN NEWS PAPER
Economy showing signs of recovery: SBP
Rabbani cautions against reversing 18th Amendment
FBR raises penalties to curb tax non-compliance
Senate committee rejects key budgetary proposals
Consumers brace for inflationary pressure
THE NEWS INTERNATIONAL
‘Govt not to extend deadline of assets declaration scheme’
SBP guards market-based exchange rate system to fight off external finance risks
Planners need nerves of steel to execute finance bill 2019/20
SBP governor says prior actions taken to secure IMF loan
FPCCI body to address grievances
KCCI advocates importers demand
FBR to make data of account holders public from June 21
Senate body opposes attaching CNIC copy with invoices
BUSINESS RECORDER
Country moving towards stability: SBP governor
Finance bill comes under sharp criticism in Senate
FATF challenge: Qureshi speaks to Pompeo
Proposed section 156A in Customs Act: Senate body terms it ”draconian” law
”Trade-based money laundering”: Harsh penalties proposed, says FBR chief
Government may withdraw baggage rule exemption
Invoice sans CNIC: Senate panel rejects FBR Proposal
Banks provide necessary information to FBR
Razak welcomes Japanese businessmen for investment
Businessmen offered last chance to regularise assets
CNIC condition for unregistered persons: KCCI for deferring legislation for 3 months
FBR urged to extend last date of assets declaration scheme
FPCCI wants to have a say in tariff policy board
Zero-rated sectors, Senate body asks ministry to find out solution of 17pc GST
Understating the budget deficit
JANG NEWS PAPER
Govt will not borrow, if rupee further depreciated than will intervene. Governor State Bank
Recent appointments under discussion due to serious Political, Economical and International crisis
FBR obtained data of more than 5 lac account holders
FBR step rejected without production of CNIC for allowing invoice
Prime Minister called Malaysian Prime Minister, support assured for F.A.T.F
Decision to impose 15% withholding tax on unregistered shops
Decision to form Economic Security Council
EXPRESS NEWS PAPER
FATF meeting, China and Malaysia stopped Indian resolution against Pakistan
Banks provided details of taxpayers to FBR
Law with regard to particulars of purchaser be deferred for 3 months
Date June 17 , 2019
DAWN NEWS PAPER
ADB distances itself from govt’s budget support claim
Middle class getting hit from all sides
Sindh Revenue Board Ad, First Ever Major Relief for Industrial
THE NEWS INTERNATIONAL
Economic Security Council in the making
India hikes tariffs on US goods
BUSINESS RECORDER
PRGMEA demands revival of ‘No Payment No Refund’ regime
Dyes & leather: government urged to allow zero-tax regime for importing raw material
e-visas issued to 7,000 people so far: Nadra
ADB issues report on budget assistance
Current account deficit falls to $7 billion: Hafeez
Eligible taxpayers: FBR must ensure prompt issuance of exemption certificates: LHC
Settlement of customs duty: taxpayers won”t be allowed to apply for ADR mechanism
JANG NEWS PAPER
Unfriendly Budget for Export and Industry
Economy is on the way of stability
Health Insurance of private organization employees
EXPRESS NEWS PAPER
Economic crisis and Govt measures
Date June 16 , 2019
DAWN NEWS PAPER
ADB to provide $3.4bn loan for budgetary support
Incentives to boost tech usage in export sectors
Exporters demand restoration of zero-rated status
Ship agents fear hike in freight cost
Murad defends imposition of new taxes in Sindh budget
THE NEWS INTERNATIONAL
Razak Dawood hasn’t resigned: ministry
Tax-to-GDP ratio to be increased from 11 to 12.6pc in a year
Exporters threaten ‘no exports days’ on withdrawal of zero-rated facility
Tax noose tightening for evaders, short filers
Retailers need to show customers’ identity for tax credits
SECP says health insurance must
BUSINESS RECORDER
Five zero-rated sectors threaten to observe ‘no export day’
‘News of Dawood’s resignation is speculation’
Too much tightening not required
JANG NEWS PAPER
Country saved from bankruptcy, difficult route solved, investigation commission will be formed soon
No truth in Advisor Commerce Abdul Razzak Dawood’s resignation. Ministry Commerce
F.B.R shifts its inefficiency burden on Exporting Industry
Proposal to mandatory health insurance for private sector employees
New budget is challenge for Govt & F.B.R
EXPRESS NEWS PAPER
Amendment in income tax ordinance proposed, F.B.R empowered to raid on houses
Businessmen stage protest against abolition of zero rating in various cities
Export will be effected due to abolition of zero rating. Hanif Gohar
Proposal to made mandatory heath insurance for private employees
Date June 15 , 2019
DAWN NEWS PAPER
Punjab holds spending, Sindh hikes by 12pc
Power tariff raised to recover Rs190bn under IMF deal
SINDH BUDGET 2019-20: Sindh plans Rs285bn development spending
IHC suspends govt notification about tax ombudsman’s removal
Tax slabs on mobile handsets revised
THE NEWS INTERNATIONAL
Dollar hits record high, gold price soars by Rs2,700 per tola
Budget proposes CNIC details in shopping bills
IMF to consider Pakistan’s request for utilising $2 bn for budgetary support
Efforts afoot to convince adviser not to quit
Rupee hits record low for fifth consecutive day
KCCI appeals to rectify tax anomalies
Omar Ayub discards low gas pressure claims
Ali Jahangir Siddiqui appointed envoy-at-large for foreign investment
Undeclared accounts of housewives, students to face action
FBR sets off drive against mis-invoicing of exports
FBR urges people to avail scheme
BUSINESS RECORDER
Exporters’ claims: Government urged to evolve automatic refund mechanism
FBR takes action against over and under invoicing of export items
FY20 Budget: Rs 74 billion set aside for exporters, industries
KCCI asks government to address ST, IT issues before approving budget
Decrease cost of doing business; PBIF chief for establishing autonomous body
KCFR holds dialogue on FY20 Budget
BMP urges finance ministry to check PKR devaluation
Budget 2019-20: challenges ahead
Lifeline consumers spared: Rs 1.50 per unit raise allowed in power tariff
Businesses should drive tax policies in country: experts
Imported goods: FBR to collect 3 percent minimum value addition ST from July 1
JANG NEWS PAPER
Budget will make export sector further disastrous. Exporters
20 billion accounts belongs to Students and Ladies out of 130 trillion accounts of commercial banks
Decision to take action on charging in invoice od tax exportable goods
Invoices will not be acceptable without C.N.I.C
Rumor of resignation of Federal Advisor, Prime Minister will persuade to take back
Rs.2500/- tax levied on earning of Rs.12 lac annually
EXPRESS NEWS PAPER
Electricity expensive by Rs1.49 per unit, ratenot applicable on k-electric
Value Added Exports Association announced protest today
All industries using water should pay tax. Supreme Court
Serious for lasting economic reforms. Advisor Finance
Date June 14 , 2019
DAWN NEWS PAPER
Economic growth to slow down to 2.4pc: finance ministry
Textile industry rejects govt’s local sales claim
Govt proposes amendments to Customs Act
Rupee plunges to new low in interbank
Trade with Pakistan at record high, Wells tells Congress
Sukhera removed from post of tax ombudsman
Cotton target fixed at 15.02m bales
THE NEWS INTERNATIONAL
FBR may lose 200,000 returns filers on increase in income threshold
Tax firms warn of budget’s inflationary fallout
FBR seeks rent agreements from police
FMCG importers deplore CNIC condition
Forex reserves fall $55mln to $7.8bln
Budget decreases take home salary of BPS 17-22 officers
FBR announces penalties for tax evaders, under-filers, concealers
What top consulting firms say about budget
ICT (Tax on Services) Ordinance: Tax on lawyers, property sale-purchase service providers doubled
BUSINESS RECORDER
$26 billion exports eyed against $24.65 billion projection
Finance Bill 2019-20: KCCI urges FBR to withdraw section 108AB
Five export sectors: LCCI urges govt to revive zero-rating regime
Budget taxation: salaried class to bear maximum brunt, opine panelists
FBR advises people to declare undisclosed assets, expenditures before June 30
Budget FY20: Textile loses favour
Corporate sector in Budget 2019-20
JANG NEWS PAPER
Rs.1300 billion budget of Sindh, no new tax to be levied
Rs.10,000/- annual trade tax imposed on real estate agent, car dealers
F.B.R will obtain data from commercial banks of account holders. Hammad Azhar
Proposal to impose new penalties in finance bill by F.B.R
Decision to collect Rs.100/- on divorce paper
Economic targets: Govts determination
EXPRESS NEWS PAPER
Advisor Finance post budget explanation
Date June 13 , 2019
DAWN NEWS PAPER
Govt will force the rich to pay taxes: Hafeez
FBR to go after evaders using offshore accounts, properties to avoid taxes
PM, aides discuss terms of reference for probe into rise in debt
One government, two directions
THE NEWS INTERNATIONAL
Concept of non-filer done away with: Hafeez Sh
Budget 2019-20: Eminent economists give mixed reactions
Nepra set to raise power tariff by Rs1.5 per unit today
Over 5,000 applied for Tax Amnesty Scheme: FBR
17pc GST to ruin export industry, claims APTMA
APBUMA rejects tax on textile industry
Zero-rating facility removal slammed
One who stays in country for 90 days is a resident
Tough laws sought to fight offshore tax evasion
Budget proposes punitive actions against non-filers
Hitting them harder where it hurts the most
Pakistan ranks third in countries with highest prevalence of child labour
BUSINESS RECORDER
Revenue collection: Government says it”s challenging target
Real estate deals: purchase of property only through banking channel
FY20 budget disappoints industrialists, traders
FPCCI for setting up technical team to identify irritants
JANG NEWS PAPER
Electric tariff increased by Rs1.5/- per unit, notification to be issued today, RLNG also costly
Action against non-filers, tax evaders, services of army and police to be taken
7 years imprisonment and 200% penalty on hiding assets abroad proposed
Pakistan in the list of 10 dangerous countries of the world, Iceland peaceful country
Post Haj operation to begin from 4th July
Rs.5600 levy to be collected on purchase of mobile wroth 500 dollar
EXPRESS NEWS PAPER
Tax will be collected if any one goes annoyed let him go annoyed. Advisor Finance
Prime Minister Imran will himself monitor enhancement in tax net
1 Year Imprisonment on not filling tax return for taxable income
5000 Applications received by F.B.R for tax amnesty scheme
Haj operation will continue from 4th July to 5th August
National budget for fiscal year 2019-20
Date June 12 , 2019
DAWN NEWS PAPER
Budget 2019-20: Tax-heavy budget fails to arrest growing fiscal deficit
Budget 2019-20: IMF hand clearly visible in budget proposals
Commission to fix responsibility for economic mess: PM
Industry leaders react to budgetary proposals
Exporters resent withdrawal of zero-rated regime
Federal Budget 2019-20: Massive revenue plan aims for Rs568bn fresh tax measures
Sindh budget to be presented on 14th
Rs3tr foreign loans planned to finance budget
SC losing Rs10m a day as interest on Rs10.6bn collected for dams
THE NEWS INTERNATIONAL
With zero-rating gone, most of the industrialists feel betrayed
Rupee continues slide on devaluation worries
Tax-centric, relief-shy budget to set inflation on fire: economists
Businessmen term new budget bad omen for industrialisation, people
Dawood terms budget pro-business
‘Budget may help document economy’
New taxes, duties, exemptions withdrawal to fetch Rs600 bn
In a first, unfair tax officer to be fixed: FBR chief
Growth expected to slightly recover at 4pc
Tax relief to inflation-hit salaried class withdrawn
Evaluation rate of property raised
Zero duty on import of raw material of 1,650 items
Rs421 bn allocated for pensioners
BUSINESS RECORDER
””Business Registration Scheme”” introduced
Rs 516 billion taxation measures taken
Finance bill to be applicable from July 1
Textile sector jettisons abolishment of zero-rating status
Five export-oriented sectors: sales tax zero-rating regime abolished
APTMA terms budget revenue-oriented
FPPCI accuses government of taxing everything through unfriendly budget
PM urged to correct ‘suicidal’ budget taking input from KCCI
Budget 2019-20: PHMA rejects 17 percent ST on five key export sectors
Budget proposals in line with expectations: PBC CEO
ST’s special procedures, fixed rate of payment abolished
Finance Bill 2019 presented in Senate
Special law for non-filers on the anvil
‘Filers of one territory will now be considered as filers by all three boards’
Property/cars: FBR clarifies purchases by non-filers
Unregistered buyer: CNIC made mandatory to claim amount of input tax
Does Shabbar have a magic spell?
JANG NEWS PAPER
Achieving revenue target of Rs.5550 billion is very difficult. Karachi Chamber
Facility of zero rated for 5 important and big export sector abolished
Imposition of levies on 5 zero rating export sectors in financial bill
F.B.R levied additional tax of Rs.512 billion, exemption of Rs.300 billion abolished
Implementation on budget is impossible but “Mission Impossible”. Dr. Hafeez Pasha
Proposal to lift ban on purchase of property by non-filers
Mandatory to make payment through bank on purchase of immoveable property
Price of property being made according to market value
EXPRESS NEWS PAPER
Now how much who will pay tax? 12 income tax slabs fixed
Subsidized electricity worth Rs.10 billion will be given to Industries of Karachi
New heat weave from tomorrow, temperature will go up to 40 degree
Date June 11 , 2019
DAWN NEWS PAPER
ECONOMIC SURVEY 2018-19: Survey paints dismal picture of economy as growth slows to 3.3pc
Imran asks tax evaders to help revive economy
ECONOMIC SURVEY 2018-19: Manufacturing contracts amid slowing economy
Five zero-rated sectors threaten to go on strike
Tax exemptions hit alarming Rs972bn
Trade gap shrinks despite export slowdown
‘Inflation to remain considerably higher’
Rupee falls sharply against dollar in interbank on budget eve
Budget Eye — What to look for in today’s budget
Cyclone developing in Arabian Sea
Sindh Board Revenue Ad, Tax Major Relief
THE NEWS INTERNATIONAL
Public debt, twin deficit reach record high
Public debt and liabilities swell to Rs35.09tr
Power generation capacity increased by 2.5pc
FDI tumbles by 51.7pc to $1.376 bn in 10 months of PTI govt
Curtain Raiser: Budget 2019-2020 to test government’s will
Tax exemptions surge 80 percent to Rs972.4bln in FY2019
PM urged to veto zero-rating removal
Rupee plunges to 150.10 ahead of budget on depreciation fears
Govt considers tax hike on property trading for non-filers
Forex reserves fall to $14.889 billion
Amnesty scheme gets focal persons
ICCI opposes further hike in GST in budget
Remittances up by 8.45pc to $17.875b
BUSINESS RECORDER
Economic Survey released: huge cost of exemptions, concessions
Economic Survey: nominal decline registered in July-April exports
Raw material: government likely to do away with three percent duty
PM threatens legal action against tax evaders
‘IMF should revisit its conditions’
Government urged to adopt ‘no tax no refund policy’
SBP’s forex reserves down $148 million
The trillion rupee concessions
Withholding taxes: FBR preparing directory of non-filers deductees
JANG NEWS PAPER
Rs.5550 billion target of F.B.R impossible to achieve. Hafeez Pasha
Abolition of Zero Rated Scheme will be disastrous for Export Industries
Public Expectations from Budget
EXPRESS NEWS PAPER
Zero Rating Scheme be continued. Exporters Association
Rs.972 billion tax exemptions given during fiscal year, 2018 – 2019
Will budget bring prosperity for public?
Date June 10 , 2019
DAWN NEWS PAPER
Pakistan to issue five-year visas to Americans
Govt eyes 4pc growth rate for next fiscal year
THE NEWS INTERNATIONAL
Withdrawal of zero-rated regime: Govt decides to impose 17pc sales tax on export industry
Tax officer may be punished if video proves bribery
12th Five Year Plan: Govt targets 5pc growth in GDP
BUSINESS RECORDER
Government says budget to ensure economic sustainability
Government seems to have failed on all economic fronts
Finance Bill to introduce key tax reforms
Tax adjustments possible through employers as well?
Biometric verification: Private Hujjaj urged to visit Etimad Centre
FPCCI Ad, Appeal to the Honorable Prime Minister of Pakistan Imran Khan
SOS Appeal By Five Zero Rated Export Sectors
JANG NEWS PAPER
F.B.R will take action against taxpayer and officer on taking and giving bribe revealed by video
Withdrawal of zero-rated, 17% sales tax will be levied on export industry
Irrelevant persons will have no access to F.B.R information system to keep budget data secret
Is Textile Sector burden on Govt ?
EXPRESS NEWS PAPER
Federal budget, decision to bring law for penalty for not paying tax
Volume of federal budget Rs.6800 billion deficit Rs.3000 billion cabinet will give approval tomorrow
Subsidy on export will continue till next fiscal year. Razzak Dawood
Continuous increase in interest rate is dangerous for economy
Overseas Pakistanis exempted from biometric verification
Good governance is essential for tax collection
Date June 09 , 2019
DAWN NEWS PAPER
Talks between textile exporters, govt break down
Industry leaders await budget with dread
Base broadening measures in next fiscal year`s tax plan
Govt misses all key economic targets
F.B.R Ad, Assets Declaration Ordinance 2019 Last Date 30th June, 2019
THE NEWS INTERNATIONAL
Property valuation rates, market rates to be equal
Money-laundering, terror-financing: FATF acknowledges Pak performance
Salient features of budget: Tax on air tickets, real estate, agro income to be hiked
Pending tax refunds of multinationals swell to Rs64 billion
BUSINESS RECORDER
Key sectors all performing worse than expected
Budget tariffs and duties: Final round of MoF-MoC talks likely today
Export sectors concerned over withdrawal of zero rating facility
Finance Bill 2019: Host of incentives to be unveiled for domestic industries
Property valuation rates to go up
FBR seeks to raise ST up to 18pc
SCCI calls for reducing minimum tax for companies with gross losses
Upcoming budget: PIAF urges govt to take business-friendly decisions
JANG NEWS PAPER
Proposal to increase tax on air tickets, real state and agriculture income
Govt ready to place budget, Rs5.5 trillion revenue target is difficult task
EXPRESS NEWS PAPER
Govt have no option but to abolish tax exemption
New tax of Rs.778 billion finalized in budget
Try to resolve issues of 5 textile sector. Governor Sindh
Date June 08 , 2019
DAWN NEWS PAPER
Textile Exporters, Govt Inching Closer To Breaking Deadlock
Greece’s First State-Sponsored Mosque May Open In September
Pakistan’s Fiscal Consolidation Measures To Revive Economic Growth: World Bank
With Rising Trade Volumes, Karachi’s Port Chokes On Traffic
Sepa’s Lab, Air Monitoring Units Dysfunctional Due To Financial Crunch
THE NEWS INTERNATIONAL
Fbr Authorised To Get Information From Banks
Fbr To Announce Three Schemes To Bring Millions Of Retailers Into Tax Net
Axe Likely To Fall On Final Tax Regime In Budget.
Cotton Growers Find Savior In Corn On Yield Fall
BUSINESS RECORDER
July-June Period: Textile Machinery Import Falls To $434.786m
Talks With Govt: Prgmea Distances Itself From APTMA
JANG NEWS PAPER
Decision To Abolish Zero Rating For Exports Sector 3 Schemes For Retailer To Bring To Tax Net
Proposal To Introduce Token Tax On Use Of Fuel
Rs. 300 Billion Still Stuck-Up In Refund Of Business Community President Fpcci
EXPRESS NEWS PAPER
Rs. 1 Trillion Profit Proposal To Levy Tax On Whole Seller Income
14 Indian Cities Amongst World’s 15 Polluted Cities
Decision To Introduce Monitoring System To Curb Money Laundering
Date June 05 , 2019
DAWN NEWS PAPER
No leniency after expiry of amnesty scheme: PM
NBP told to look into textile firm complaint
FBR`s massive sales tax revenue plan of Rs739bn seeks sweeping withdrawals of exemptions
High interest rates choke off business borrowing
Indian central bank may turn `accommodative`
THE NEWS INTERNATIONAL
Industrial development key to economic uplift: adviser
Govt warned of 30pc decline in exports
Broadening of tax base: FBR to collect data from five key areas
No choice but to spend more on defence, Trump tells Nato allies
BUSINESS RECORDER
Above Rs500,000 threshold accountholders, PM asks SBP, FBR to examine data
Undeclared assets/income, PM vows action against those not availing amnesty
Over Rs100bn borrowed thru sale of T-Bills
Coca-Cola threatens to withdraw $200m planned investment
Businessmen will support amnesty scheme: Iftikhar
JANG NEWS PAPER
Complete abolition of SRO1125 will be disastrous for export sector. PALEMA
EXPRESS NEWS PAPER
Legal hurdles, State Bank refused to provide data of accounts holder to F.B.R
Order to crackdown against tax evaders after 30th June
Overseas Pakistanis exempted from biometric verification
Economic conditions is not so bad as it is projector
Date June 04 , 2019
DAWN NEWS PAPER
Exporters begin opening CDC accounts to get refund bonds
Income tax statement filing date extended
Indian industry wants corporate tax reduced
Inflation rose to 9.11pc in May
BA resumes flights to Pakistan after 11-year hiatus
Sindh Board Revenue Ad, Tax Relief !
THE NEWS INTERNATIONAL
CDC set to facilitate 600 businesses in getting refund claims
Inefficient manufacturers may struggle, shutdown without subsidy
Pakistan had no option but to go to IMF, say experts
BUSINESS RECORDER
Textile industry reps meet Hammad, Shabbar, ‘Withdrawal of ST zero-rating to encourage smuggling’
Budget 2019-20, Commerce Division, MoF in row over proposed taxation measures’
ST refund payments through refund bonds, CDC urges businessmen to open accounts
Budget to be presented on 11th
Property tax system of Karachi to be improved, modernised under CLICK
SBP issues fresh directives for biometric verification of NRPs
FBR urged to extend e-filing date of IT, ST returns
JANG NEWS PAPER
Instruction to businessmen to open CDC account for sales tax refund
Date June 03 , 2019
DAWN NEWS PAPER
Exporters insist on zero-rated regime in talks with PM
Inflation likely to rise over next few years
Minister to launch moon-sighting website today
Eid economy shrinks by one-fifth
Ad for keeping zero rating of 5 export sectors intact
THE NEWS INTERNATIONAL
Abolishing zero rating regime: Rifts between FBR, textile sector persist
Umra performers outnumber taxpayers
FBR mulls over abolishing sales tax special treatments
Tax amnesty or cover for corruption?
BUSINESS RECORDER
Businesspeople meet PM ahead of FY20 budget
Government plans to abolish sales tax special procedure rules
Liquidity crunch, volume of refunds: FBR, textile industry directed to come up with authentic data
PM’s recorded message to tax non-filers
PBIF terms amnesty scheme an effort to expand documented economy
JANG NEWS PAPER
Power of field officers will be abolished after budget. Chairman
None-Filers likely to get relief in budget on sale and purchase of properties
Special treatment being given to few sector will be abolished in budget under consideration FBR
Mandatory to give details on social media for applying U.S visa
Important meeting with Prime Minister on economy
EXPRESS NEWS PAPER
Business Community is at forefront in economic development. Prime Minister
Had to IMF previously conditions was more strict
Economic difficulties and dream of development
Date June 02 , 2019
DAWN NEWS PAPER
Govt refuses to continue zero-rated status of five exporting industries
FBR bags only Rs13.5bn in nine months despite aggressive drive
Rupee stabilises against dollar
THE NEWS INTERNATIONAL
Upping electricity, gas prices compulsion
Pakistan’s planners caught between IMF, rising ire of electorate
FBR urged to take note of malpractices
Industrial raw material importers oppose elimination of final tax regime
More people to lose jobs as inflation may rise to 20pc, warns Bengali
BUSINESS RECORDER
Barter trade to be promoted to boost exports: Hafeez
Finance Bill 2019-20: Major changes in income tax laws suggested
Medium-sized businesses: Simplified tax regime to be unveiled in budget
Withdrawal of zero rated regime: Govt urged to convene stakeholders’ meeting
Industrial raw materials: PCDMA demands continuation of FTR for importers
Dawood takes on MoF team at Bani Gala today
FBR asks banks to pursue account holders to avail scheme
JANG NEWS PAPER
Bank agreed to furnish withholding tax details to FBR up to 17th June, holding up to Rs.5 lac amount letter will be sent to customers
How long increase in Petrol prices
EXPRESS NEWS PAPER
Present policy for textile sector should be continued. Exporters
Zero rating facility for zero rated sector should not be abolished. PALIMA
Decline in export is due to Govt polices. Javed Bilwani
Pakistan will borrow foreign loan during fiscal year of 2019-20, 12 billion dollar
Sales tax refund bond 600 exporters opened CDC account
F.B.R: particulars sought person drawing amount Rs.10 lac from banks
Govt economic strategy is disastrous. Karachi Chamber
2249 Applications received for online visa
Out dated tax system is threat
Date June 01 , 2019
DAWN NEWS PAPER
FBR posts record revenue shortfall of Rs447bn in 11 months
600 applications filed for sales tax refund bonds on first day
Asset unit’s report led to cases against judges: ministry
Petroleum prices touch highest-ever mark
Red-tapism causes Pakistan diplomatic embarrassment
High humidity makes city swelter
THE NEWS INTERNATIONAL
Refund bonds worth Rs7 billion issued
FBR chairman writes letter to PM: Existing tax system threat to economy
FBR chief ascribes untaxed wealth accumulation to flawed policies
FBR faces Rs425 bn shortfall in 11 months
Sindh asks Centre to increase FED on gas to Rs18 per mmbtu
Govt slashes LPG price by Rs15.40 per kilogram for June
Petrol price hiked by Rs4.26, HSD by Rs4.5 per litre
Tax collection from rental properties surges 26pc to Rs16bln in 10 months
CM assigns SRB to collect electricity duty from power distribution companies
BUSINESS RECORDER
Sales tax refunds: Rs 7 billion bonds issued to 90 claimants
Government seeks to amend AML law
FBR chief informs PM about flaws in taxation system
Prices of POL products increased
Withdrawal of zero rating regime to harm export industry: ALIMA
PHMA for continuing zero-rating regime for SME export sector
Hafeez Sheikh to meet business community in Lahore today
British Airways to resume flights operation from June 3
IMF programme: The challenges ahead
Foreign exchange companies’ concerns
JANG NEWS PAPER
Petrol Rs4.26, Diesel Rs4.50, Kerosine oil Rs1.69 per litre expensive
In spite of Prime Minister request desired result from amnesty scheme not achieved
Profit rate of saving scheme likely to be increased
Bond issued to tax refund wroth Rs.7 billion
72 lacs pilgrims offered Ummrah during current year, Pakistan at the top
EXPRESS NEWS PAPER
Deep concern on abolition of zero rating facility. Palima
Rs.7/- billion refund bond issued to exporters
Rupee value appreciated due to hike in interest rate
Govt’s policies are responsible for decline in exports. Javed Bilwani