Date: December 31, 2020
DAWN NEWSPAPER
Industry warns looming gas shortages could hamper exports
Banks crowd into 3-month tenors in T-bill auction
THE NEWS INTERNATIONAL
Customs agents decry slow cargo handling
Nepra approves electricity price hike by Rs1.6 per unit
Petrol price likely to rise from Jan 2021
Rupee likely to hover around Rs161-166 against dollar in 2021
65pc Pakistanis happy despite all difficulties: survey
Covid-19 set to cut spending for Islamic economy sectors
BUSINESS RECORDER
New entrants/manufacturers, FBR announces new criteria for registration in export-oriented sectors
Uninterrupted gas supply, BMG, KCCI chiefs urge PM to fulfill promise
Seat of President, Tawab, Mangon tie in FPCCI elections
Taxpayer’s profile, FBR extends deadline till to March 31
Price of POL products may be increased
Rs1.06 per unit increase in tariffs of Discos calculated
KCA raises cotton spot rate by Rs50 to Rs10000
THE RUPEE: Strength vs USD rises
Bank holiday
THE EXPRESS TRIBUNE
Industrialists decry shortage of gas
NEPRA reserves tariff hike decision
EXPRESS NEWSPAPER
Approved to rise Electric rate by Rs.1.06
Proposed to rise price of Petrol per liter by 2.96 & Diesel by 3.12
Value of Dollar reduced by 25 paisas & Gold price rise by Rs.100 per tola
Submission of Tax Profile dated extended up to 31st March
Report prepared for FBR Automation System
Date: December 30, 2020
DAWN NEWSPAPER
Sindh gave distorted data of gas supply, production: Babar
Wind power accounts for more than half of UK’s electricity
Supply chains choke as container shortage persists
FBR gets regular chairperson
THE NEWS INTERNATIONAL
FPCCI says tariff hike plan panders to IMF
Small businesses see 60pc profits lost to economic inertia in 2020
CDWP clears Rs25.5bln Karachi water supply project
KE allocates Rs26bln to improve distribution network
Karachi shivers as coldest night of season recorded
Gold rates up Rs100/tola
BUSINESS RECORDER
Proposed zero-rating for textile sector, MoC to be eyeball to eyeball with FBR today
Different items, Tariff review proposals to be placed before ECC
Articulating a new textile vision to boost exports
‘Businessmen can put economy on right track thru self accountability’
Firm trend witnessed on cotton market
Ghani appointed chairman of FBR
Properties, vehicles, FBR issues e-notices to over 0.2m taxpayers
Govt to encourage NPOs to achieve ‘certain’ targets
Karachi water project referred to Ecnec
Wind powers more than half of UK electricity for first time
Sindh confirms presence of new coronavirus strain
TRDP launches programme to fight Covid-19
THE EXPRESS TRIBUNE
CDWP refers K-IV project to ECNEC
EXPRESS NEWSPAPER
K-IV project sent to ECNEC for their approval
Proposed Tax on LPG, distributor announced for shutter down strike
Scarcity of water, Pakistan came on 3rd position. IMF
Value of dollar plunged by ten paisas, per tola gold up by Rs.100
Date: December 28, 2020
THE NEWS INTERNATIONAL
Karachi may experience record-breaking cold temp today
BUSINESS RECORDER
‘Trade diplomacy only hope to increase exports’
KATI concerned over closure of captive power units of industries
Hike in power tariffs in the offing?
Weekly Cotton Review, Increasing trend in rate continues
Agreed assessment, Taxpayers start filing applications
E&P companies plan to inject 150mmcfd of gas into system
Foreign tourists, travelers, EU envoy says Pakistan ‘very safe’ place
PIA resumes flight operations to S Arabia
Cars production decreases 3.73pc in July-NovemberTHE EXPRESS TRIBUNE
Cotton sector cries for policy focus
Role of remittances in country’s current accountEXPRESS NEWSPAPER
Likely to enhance price of Petrol & Diesel from 1st January
Saudi Government launched Hajj platform & smart card
Date: December 27, 2020
DAWN NEWSPAPER
THE NEWS INTERNATIONAL
Govt to cut import duties on industrial inputs from January
6pc import duty on raw material being reduced, says Razak Dawood
FBR collects Rs3.1bln from exports in July-November
Failing to file tax returns: FBR serves notices on 832,000 non-filers
KCCI wants voice in public utilities for transformation plan
Rupee likely to remain range-bound
Gold rates up Rs600/tola
BUSINESS RECORDER
Industrial raw material, Import duty to be slashed by 6pc: Dawood
SECP appellate bench plans to fix appeals on fortnightly basis
Mian Zahid for keeping momentum in exports, remittances
Motiwala for including extension of Lyari Expressway, Northern Bypass in KTP
Number of people filing returns rises: FBR
40pc of registered taxpayers do not file forms: SAPM
Business remains steady on cotton marketTHE EXPRESS TRIBUNE
Despite pandemic, textile sector bounces back
Industrialists demand uninterrupted supply of gas
Consumer court seeks SSGC reply on faulty gas connection
KE acquisition possible in 6 months
China to become world’s biggest economy by 2028EXPRESS NEWSPAPER
Likely to transfer K-Electric within 6 months
BMG welcomed the Karachi Transformation Plan of Rs.739 billionDate: December 26, 2020
DAWN NEWSPAPER
IMF allows govt to delay sales, income tax measures
K-Electric warns of bad summer if gas pressure issues not resolved
Private sector borrowing plunges 88pcTHE NEWS INTERNATIONAL
Drive against fancy number plates, pressure horns announced
State of the economyBUSINESS RECORDER
FBR issues Rs144bn refunds in H1
Field formations directed to pay all refunds by Jan 31
15 fake trade bodies, UBG chairman hails decision of DGTO
Sale of new cars, Business community opposes additional WHTTHE EXPRESS TRIBUNE
Punjab govt taking steps to support industrialists
SSGC looks to cut back on gas consumptionDate: December 25, 2020
DAWN NEWSPAPER
Punjab govt taking steps to support industrialists
Strong support in govt for continuing with low interest rates
ECC endorses Rs739bn Karachi Transformation Plan
Inflows in RDAs cross $200mTHE NEWS INTERNATIONAL
TDAP to hold virtual textile fair
Govt pondering over steps to overcome future gas shortages
Tax refunds: PAC orders one-year special audit of FBR
FBR to begin refund processing for tax year 2020
FPCCI, KP TEVTA sign MoU to train youths as per market needs
Tax collection from non-cash banking transactions rises to Rs3.3 billion
SECP annual report lists steps taken in 2019/20
Forex reserves fall to $20.313bln
Gold rates rise Rs200/tolaBUSINESS RECORDER
Textile sector recovered from pandemic, says NBG chief
Captive power units: SSGC asks for 100pc cut in gas consumption
MoC, TDAP hold seminar on 2nd phase of China-Pak FTA
Bullish trend witnessed on cotton market
All tax offices to stay open till midnight on 31st: FBRTHE EXPRESS TRIBUNE
SBP reserves fall $83m to $13.2b
Passports made valid for 10 years; no extra feeEXPRESS NEWSPAPER
FBR issued Tax Refunds of Rs.144 billion
ECC approved the Karachi Transformation Plan
Informative seminar held on China Pakistan FTA Phase II
1st time Pakistan imported Euro-5 DieselDate: December 24, 2020
DAWN NEWSPAPER
Rs1.53 hike in power rates likely as Nepra prepares fuel cost hearing
Pakistan needs $6bn for water supply, sanitation: ADB
PIA to operate cargo flights to Saudi Arabia
Dozens of drugs for mental illnesses unavailable
Masks block 99.9pc of large Covid-linked droplets: studyTHE NEWS INTERNATIONAL
Industry running close to 100pc capacity, says Razaq Dawood
FBR grants tax concessions on energy supply to manufacturers
Over half of Chinese adults now overweightBUSINESS RECORDER
FBR tells power, gas utilities, Concessionary tariff only for those listed on ATL
FCA for Oct, Nov, CPPA-G seeks Rs1.53/unit increase in Discos’ tariffs
Hamdani made MD/CEO of SNGPL, Maniar gets SSGCL top slots
Due payments to IPPs, Govt shares no concrete plan
FPCCI election: campaigning in full swing
FPCCI Elections 2021: 15 alleged bogus chambers, bodies will not be allowed to participate, BHC told
Cotton yarn, RD on import removed till June 2021
Taxpayers allowed to file settlement application
Taxpayers asked to provide certificate on plain paper
Trade activity remains bullish on cotton marketTHE EXPRESS TRIBUNE
Duty removal to help raise exports
ECC to approve funds for gas projects
UAE seeks 'new economic roadmap' to bolster trade ties with PakistanEXPRESS NEWSPAPER
NEPRA applied to enhance the electric rate by Rs.1.52
Govt accepted that circular debt reached 2400 billion rupees
Due to COVID-19 consumer interested in online purchasing. World surveyDate: December 23, 2020
DAWN NEWSPAPER
THE NEWS INTERNATIONAL
FBR rakes in Rs2.2 billion by enforcing withholding tax
Assets’ non-disclosure up to 2018: FBR to take action against taxpayers
Country posts current account surplus for 5th straight month
Dirty money continues to flow from Pakistan to UK
Gold rates up Rs250/tolaBUSINESS RECORDER
The faults that computers develop
NEECA offers 50pc energy audit to CPPs free
FBR seeks to amend asset declaration rules
Corporate sector, FBR identifies tax exemption worth Rs150bn
Change of taxation regime, Taxmen told to check misdeclaration through importers’ audit
C/A posts $447m surplus in Nov
Sindh Assembly informed, Sindh being deprived of actual gas share
Increase in Sindh workers’ wages proposed
Pricing issues, Country facing serious shortage of life-saving drugs
Business remains stable on cotton market
Bank holidayTHE EXPRESS TRIBUNE
Current account makes new record
NEPRA, experts discuss CTBCM model
Experts stress shift to solar powerEXPRESS NEWSPAPER
Demanded to extend the date of filing Tax Return up to 31 January
In TDAP corruption cases of billions, order to provide witness on next hearing
Value of dollar plunged by 4 paisasDate: December 22, 2020
DAWN NEWSPAPER
New virus strain inflicts pain on equities
UAE visa issueTHE NEWS INTERNATIONAL
‘Aaj Shahzeb Khanzada Ke Sath’: Govt took no steps to deal with gas crisis
‘No plans for gas load shedding’
Active taxpayers hit all-time high of three million
Gold rates up Rs50/tolaBUSINESS RECORDER
There’s no gas loadshedding in country: PD
FPCCI publishes three research journals
Cotton spot rate rises by Rs100 to Rs9950
Additional WHT on new cars to be approved by CabinetTHE EXPRESS TRIBUNE
Export sectors come under scrutiny
SBP prepares for digital shift
Sindh proposes 20% wage increaseEXPRESS NEWSPAPER
Bullish trend in cotton price across the world including Pakistan
Date: December 21, 2020
DAWN NEWSPAPER
Gas shortage, pressure drops affect supply to power sector
Visa curbs are temporary, UAE assures Pakistan
PIA moving head offices to Islamabad next monthTHE NEWS INTERNATIONAL
Gas crisis to worsen in January
Britain says new virus strain ‘out of control’BUSINESS RECORDER
Cotton import: momentum slowing?
Weekly Cotton Review, Rate increases in local market
Karachiites perturbed by gas shortage, low pressureTHE EXPRESS TRIBUNE
UAE tells Pakistan visa ban ‘temporary’
PIA to completely shift to Islamabad by June
Woes easy to understand, but require resolve to fix
Should Pakistan increase minimum pay?
EXPRESS NEWSPAPER
Date: December 20, 2020
DAWN NEWSPAPER
Industry decries fuel price hike, gas shortages
Lahore's air quality touches ‘hazardous’ levelTHE NEWS INTERNATIONAL
Cotton lint prices reach Rs10,300 per maund amid shortage
Gas shortage hampers life across country
Govt arranges 12 LNG cargoes for January
Rupee likely to add more gains
91pc Karachiites declare City of Lights as best city
Karachi braves 8°C for second consecutive dayBUSINESS RECORDER
Registration of FIRs, Govt acts to resolve issues between FBR, textile exporters
APTMA demands of FBR to stop harassment of leading taxpayers
Low gas pressure forced industrial units to stop production in SITE
Rising gas demand, 12 LNG cargoes arranged for next month
Trading activity remains bullish on cotton market
There’s need to arrest cotton slide
Sugar, flour, pulses prices once again on the rise
Vaccination drive in Pakistan expected in Q2 2021: IMFTHE EXPRESS TRIBUNE
APTMA urges FBR to stop ‘harassing taxpayers’
Pakistan to import LNG at $6.34 per mmbtuEXPRESS NEWSPAPER
Production activities halted due to scarcity of Gas
Date: December 19, 2020
DAWN NEWSPAPER
Phutti arrivals plunge 35pc to 5.05m bales
Slight fall in weekly inflation
Egg prices smash previous records
Mercury drops to 8.3 degrees Celsius in city
Poor countries to start getting Covid-19 vaccines early next year: WHOTHE NEWS INTERNATIONAL
‘Pakistan can fetch $23bln from exports to China’
Cotton stockpiling down 35.6pc
Weekly inflation declines by 0.22pc
‘CNG to remain closed in Sindh two days a week’
Karachi experiences coldest day as mercury drops to 8.3oCBUSINESS RECORDER
Nov textile exports up 9.27pc YoY
Alarming decline in cotton production
State of economy, Govt deriving too much satisfaction from indicators?
SECP to revise Securities Act-2015 to promote ease of doing business
KCA raises spot rate by Rs100 to Rs9850
Small industries, FPCCI applauds SBP’s waiver of up to $5000 per consignment
SPI down 0.22pc WoWTHE EXPRESS TRIBUNE
Former FATA becomes tax haven
EXPRESS NEWSPAPER
Date: December 18, 2020
DAWN NEWSPAPER
Agreement signed for Gwadar virtual LNG pipeline
Foreign loans surge by 45pc in five months of fiscal
Ex-SBP governor suggests measures to stimulate economic activity
‘Employers getting Covid-19 benefits from govt, but not transferring them to workers’
Pakistan ranks eighth in global slavery indexTHE NEWS INTERNATIONAL
Lack of reforms in gas sector, slow pace of explorations cause gas shortage
Govt to grant LNG terminals’ capacity to private sector
SBP, LCCI hold awareness session
Sialkot Business Council launched
External inflows grow 45pc to $4.5bln in July-Nov
Forex reserves fall to $20.379bln
Gold rates increase Rs550/tolaBUSINESS RECORDER
$4.5bn foreign debt incurred in 5 months
Cotton spot rate rises by Rs100 to Rs9750THE EXPRESS TRIBUNE
Govt agrees to hike power tariffs to revive IMF bailout
Pakistan gets $1.1 b expensive foreign commercial loans
2021 likely to be year of stabilisation
SBP reserves remain stable at $13.29bEXPRESS NEWSPAPER
Decided to return back cash 5% to the consumers of big retail outlet
Corona vaccine will be available in the country in February or March. Faisal Sultan Date: December 15, 2020
DAWN NEWSPAPER
Nepra notifies over Re1 per unit rise in power tariff
Illegal imports of tea, textile and tyres curbed
Industrial uplift must for economic growth: PM
THE NEWS INTERNATIONAL
Power consumers to pay Rs1.138/unit extra in Dec
Gold rates fall Rs300/tolaBUSINESS RECORDER
FBR pays Rs91bn ST refunds in Nov: SAPM
Nepra raises Discos’ tariff for Sept by Rs1.11
Prices of petrol, HSD see rise
Hamdani, Tufail to be appointed MDs of SSGC, SNGPL
KCA raises cotton spot rate by Rs100 to Rs9500THE EXPRESS TRIBUNE
Industry irked by soaring input prices
Digitisation crucial to rebuilding economy
EXPRESS NEWSPAPER
KCCI announced two-day webinar tomorrow
Fuel Price Adjustment: Electricity expensive by Rs 1.11 per unit
Proposal to increase the price of petroleum products by Rs. 7 per liter
Cotton prices rised after one & half monthDate: December 14, 2020
DAWN NEWSPAPER
Textile industry bounces back stronger
BUSINESS RECORDER
PHMA for solution of skilled labour shortage
WWF: A direct tax on income in the guise of labour levy
Weekly Cotton Review, Rate remains stableTHE EXPRESS TRIBUNE
Can we afford to ignore exports?
Date: December 13, 2020
DAWN NEWSPAPER
Tax reforms hit by uncertainty amid cabinet reshuffle
Motiwala to head BMGTHE NEWS INTERNATIONAL
‘FBR must align with real stakeholders to widen tax base’
LTO Karachi collects Rs557bln in five months
Gold prices rise Rs350/tolaBUSINESS RECORDER
FBR to allow RMS of WeBOC to select DTRE applications
Business Council for enhanced ties with US
Zubair Motiwala given charge of BMG chairman
Business remains stable on cotton marketTHE EXPRESS TRIBUNE
Govt adds Rs397b to public debt
One ministry wins, another losesEXPRESS NEWSPAPER
Zubair Motiwala appointed new Chiarman of B.M.G
Now Water will be Trade Internationally like Petroleum & Gold
Gold price of per tola surged by Rs.350Date: December 12, 2020
DAWN NEWSPAPER
REMITTANCES REMAIN OVER $2BN FOR SIXTH CONSECUTIVE MONTH
WEBINAR ON TEXTILE EXPORTS TO CANADA HELDTHE NEWS INTERNATIONAL
MOU SIGNED TO INSTALL 10,000 SURVEILLANCE CAMERAS IN CITY
REMITTANCES UP 26.9PC IN JULY-NOV
OGRA AUDITING GAS COS TO FIND ACTUAL UFG LOSSES
STATE BANK ISSUES SPECIAL FOREX REGULATIONSBUSINESS RECORDER
JUL-NOV REMITTANCES UP 27PC YOY
GAS SUPPLY CLOSURE ON SUNDAY INDUSTRIAL AND CAPTIVE POWER
FBR ESTABLISHES CITRO FOR CENTRALISED PAYMENT OF REFUNDS
FTO TAKES ACTION AGAINST DELAY IN REFUNDS UNDER FASTER
COTTON SPOT RATE FALLS BY RS100 TO RS9400THE EXPRESS TRIBUNE
REMITTANCES REMAIN ABOVE $2B
EXPRESS NEWSPAPER
MOU SIGNED FOR INSTALLATION OF 10,000 CAMERAS AT KARACHI
INFLATION REDUCED BY 0.26% & REACHED 8.44%
WEBINAR ORGANIZED BY TRADE DEVELOPMENT AUTHORITY OF PAKISTAN
EXTENDED THE DATE OF ENCASHMENT OF PRIZE BOND OF RS. 40,000/-Date: December 11, 2020
DAWN NEWSPAPER
Roshan account receives $7.7m in a single day
RESERVES RISETHE NEWS INTERNATIONAL
Massive gas crisis in January on cards: Govt faces shock as PLL receives no bids for January
Private sector demands uniform RLNG transportation tariff
Pakistan Customs collects Rs191bln duties in July-November
Pakistan’s economy recovering: ADB report
RDAs receive biggest daily spike in remittances since launch
Government discontinues Rs25,000 prize bonds
Forex reserves rise to $20.40bln
Gold rates down Rs750/tolaBUSINESS RECORDER
Simplified tax return form, Cottage industry, SMEs unable to avail facility
Online transactions, FBR to ‘strictly’ regulate buying-selling process of goods
Rs25,000 prize bonds discontinued
Volume of business remains low on cotton market
Govt takes decision to deal with ‘on money’ challenge, Additional WHT hikes car pricesTHE EXPRESS TRIBUNE
Private sector demands equal tariff regime
SHC seeks OGRA, SSGC’s replies on gas shortage
SBP reserves rise $188m to $13.29b
Govt discontinues Rs25,000 bondsEXPRESS NEWSPAPER
Permission granted to submit Tax return to the Taxpayer after due date
Scarcity of Gas, Notice issued to Chairman OGRA & others
Purchased 50 latest Fire tenders & Water bowser for KarachiDate: December 10, 2020
DAWN NEWSPAPER
FBR admits faults in refund software caused delays
1.8m tax returns filed by Dec 8
Bodies formed to check fire safety measures in buildings, factories, SHC told
Mobile phone imports jump 90pc
Next five years’ economic growth not encouragingTHE NEWS INTERNATIONAL
FBR issues simple tax return form for manufacturers after deadline
Returns, income tax paid hit all-time high
Pakistan to remain on UK trade preference list post-Brexit
Gold prices fall Rs100/tolaBUSINESS RECORDER
Karachi ports, Delay in clearance of consignments increasing input cost
Trade activity firm on cotton market
Workers’ Welfare Fund — a tax or a fund?
Climate change may impact water-dependent sectors: ADB report
Fitch says upgrades of major economies unlikely in 2021THE EXPRESS TRIBUNE
Exports to China witness 30% increase
Setting up of textile city proposed
TDAP webinar on export procedures
Pak-China textile trade webinar heldEXPRESS NEWSPAPER
FBR received 1,800,000 Income Tax Returns
Demanded to provide status of value added city to Sialkot
Value of Dollar further enhancedDate: December 09, 2020
DAWN NEWSPAPER
Business leader Siraj Teli passes away in Dubai
Encashment date of Rs40,000 bonds extended
Growing deficitTHE NEWS INTERNATIONAL
1.7 million income tax returns received by FBR
Govt revs up efforts to finalise overdue KE stake sale
EFP to promote MNE declaration
Pakistan among top five countries with most investment in 2020
Tax the richBUSINESS RECORDER
Third party administrator on KE, Proposal ‘formally’ discussed
Deadline for filing IT returns may be extended
Business community grieved over death of Teli
Rs40,000 prize bonds, SBP extends withdrawal date
KCA raises cotton spot rate by Rs50 to Rs9500
Cotton output: is the bottom in sight?
Vaccinating against corruptionTHE EXPRESS TRIBUNE
Cotton imports fuel textile sector recovery
Govt bans new gas connections for industries
Govt receives only 1.67m tax returns
Efforts under way to resolve KE issues
Exports to US cross $400m markEXPRESS NEWSPAPER
Govt could not develop tax payment culture during last 2 years
FBR decided not to extend of filing of Tax Returns
Price of per tola Gold rised by Rs.1300Date: December 08, 2020
DAWN NEWSPAPER
FPCCI welcomes withdrawal of duty on cotton yarn import
Desks set up to facilitate return filers
Banks open till 9pmTHE NEWS INTERNATIONAL
Number of return filers drops by half to 1.5mln
Extension in tax filing date urged
Banks to observe extended hours
UBG barred from FPCCI elections
Gold prices fall Rs300/tola
BUSINESS RECORDER
FPCCI hails withdrawal of 5pc RD on import of cotton yarn
KATI welcomes abolishment of power peak hour tariffs
Filing of income tax returns, KCCI, PCDMA urge govt to extend date up to Jan 31
PTBA demands extension in date to file returns
Deadline for filing IT returns not being extended
FBR receives over 1.4m IT returns by Dec 7
Tax collection, SBP extends banking hours
Business remains steady on cotton marketTHE EXPRESS TRIBUNE
Budget deficit jumps to Rs894b
‘Country needs industrial revolution’
Government works on cutting power cost
Traders seek extension in tax return filing date
Businessmen appreciate duty removal
Pak-China textile trade webinar todayEXPRESS NEWSPAPER
Budget deficit during July to October reached 894 billion
Traders demanded to extend the date of Income Tax Return filing
Pakistan-China Textile Trade Investment Webinar will be held todayDate: December 07, 2020
DAWN NEWSPAPER
Weak and slow economic recovery
GOVERNMENT OF SINDH AD, FACE MASK SECURITY GUARANTORTHE NEWS INTERNATIONAL
Gas load management plan: Govt decides to curtail gas supply to RLNG-based power plants
BUSINESS RECORDER
Deadline for filing of tax returns, Tax experts question wisdom of FBR authorities
Filing of income tax returns: Hafeez, FBR urged to extend deadline by two months
SNGPL reduces UFG losses by 1.60pc
PRGMEA urges PM to declare Sialkot ‘value-added city’
Weekly Cotton Review, Market, rate remain stable
Prices of essential kitchen items remain ‘sky-high’Date: December 06, 2020
DAWN NEWSPAPER
THE NEWS INTERNATIONAL
Antidumping duty on Chinese fibers impedes Pakistan’s exports growth
FPCCI wants govt to put business on priority list
SNGP cuts UFG losses 1.60 percent
Rupee likely to stay range-boundBUSINESS RECORDER
LCCI, govt depts pledge to turn Lahore into showcase of world
Business activity seen steady on cotton marketTHE EXPRESS TRIBUNE
Businessmen call for raising exports, remittances
EXPRESS NEWSPAPER
Date: December 05, 2020
DAWN NEWSPAPER
Legal arrangements for more power, gas supplies to KE stalled
Exports jump 7.67pc to $2.161bnTHE NEWS INTERNATIONAL
Govt releases Rs1.78 bn for textile sector: Razak
Shipping rules formulated to boost foreign trade
Return-filers with legit reasons to get date relaxation
Weekly inflation continues on downward trajectory
Gold rates drop Rs200/tolaBUSINESS RECORDER
Energy sector, Circular debt soars to Rs2.3trn
Nov trade deficit widens by 14.7pc MoM
Karachi projects, First quarter sees zero utilization of funds
Trade activity remains firmer on cotton market
Government of Sindh Ad, The only solution to prevent Corona is to follow certain SOPsTHE EXPRESS TRIBUNE
Trade deficit widens to $9.6b
EXPRESS NEWSPAPER
Minor increased in trade deficit due to surge in imports
Justice Sajjad refused to hear the Case of Sindh Industrial Support Package
Decided not to extend the date to file Income Tax Return
In one-week inflation rate reduced by 0.23%
Pakistan Citizen Portal, 27 lacs complaint resolved out of 30 lacsDate: December 04, 2020
DAWN NEWSPAPER
Subsidy okayed for industry after abolition of peak rates
Pakistan seeks data sharing pact with UAE to curb under-invoicing
Digital banking fast replacing conventional transactions
Three Pakistani firms on Forbes ‘under $1bn’ list
RESERVES FALLTHE NEWS INTERNATIONAL
FBR identifies 7.4m tax-evaders
System glitches keep 1.7mln taxpayers from filing returns
ECC removes ‘peak hours’ electricity rate
State Bank logs significant growth in digital payment transactions in Q1
Forex reserves fall to $20.2bln
Cotton stockpiling declines 37.6pc
World food prices jump to six-year high: UNBUSINESS RECORDER
Industries, ‘Peak hours’ power rates abolished
Digital banking posts strong growth in Q1
Broadening the tax base, FBR to effectively use citizens’ data with NADRADate: December 03, 2020
DAWN NEWSPAPER
Form-E condition for exports up to $5,000 goes
ECC wants National Highway Authority remodel plan within a month
Taxpayers allowed electronic appeals
Govt promises free vaccination from second quarter of next year
Virus has dragged down wages, says ILOTHE NEWS INTERNATIONAL
State Bank eases regulations for ecommerce exporters
Sindh to develop online database for birth records
Govt withdraws 5pc regulatory duty on cotton yarn import
Gold rates up Rs1,600/tolaBUSINESS RECORDER
Import of cotton yarn, Removal of 5pc RD approved by ECC
Nepra revises industrial tariff, abolishes ToU charges
Tax return form ‘defective/incomplete’, KTBA tells FBR
B2C e-commerce exports, State Bank issues regulatory framework
Fitch sees real growth at meagre 0.8pc
Cotton spot rate remains unchanged
Informal feminization of textile sectorTHE EXPRESS TRIBUNE
ECC defers fund approval for Karachi
Govt set to lift ban on new gas connections
SBP facilitates B2C e-commerce exports
Govt provide Covid-19 vaccine free of charge
Textile exportsEXPRESS NEWSPAPER
ECC Meeting: Approval of funds for Karachi Package deferred
Business to Consumer, framework issued to facilitate to E-Commerce
Condition of Form-E removed for Small Exporters
During the last decade, exports on its peak in November, 2020
Further enhanced inflation rate by 0.82% in November
Price rised of Gold per tola by Rs.1600, value of Dollar continue enhance
Karachi became No.1 city amongst polluted citiesDate: December 02, 2020
DAWN NEWSPAPER
Delayed connections pile up as Discos seek 86-paisa tariff hike
Karachi industry slams low gas pressure
Exports rise 7.2pc to $2.15bn, says Razak
Inflation eases to 8.3pc in November
Tax challengeTHE NEWS INTERNATIONAL
Exports again surpass $2 bn mark in November
FBR tax collection rises 3.8pc to Rs1,688bln in July-Nov
Unfair games not a level playing field
Pakistan looks for financial consultant as TAPI up for grabs
Public opinion equally split on govt, opposition narratives: survey
Gold rates rise Rs350/tolaBUSINESS RECORDER
ECC may approve removal of 5pc RD on cotton yarn
FBR says it paid Rs80bn refunds in Jul-Nov
IT Rules 2002, KTBA urges FBR not to insert sub-rule (2A) in Rule 74
Nov CPI-based inflation surges 0.82pc
Jul-Nov exports post less than 2pc growth
SEPA fines 161 vehicles over violation of environmental law
Volume of business remains low on cotton market
THE RUPEE: PKR falls against USD
Int’l virtual textile exhibition in Feb ’21THE EXPRESS TRIBUNE
Low gas pressure restricts industrial production
Distribution firms fail to satisfy NEPRA on tariff hike
FBR disposes of cases without audit
TDAP to organise virtual textile fairEXPRESS NEWSPAPER
FBR started disposed off 310,000 Audit cases
KATI welcome to granted approval to set up Export Development Board
Value of dollar surged by 40 paisas & gold enhanced by Rs.350Date: December 01, 2020
DAWN NEWSPAPER
Prices of some oil products increased, others’ unchanged
No gas for CNG stations, captive power in peak winter demand, says Omar
November tax collection close to target at Rs346bn
‘No buffets at marriages’THE NEWS INTERNATIONAL
FBR short of Rs8 bn to meet November target
Govt concedes inability to meet gas shortfall
LPG price up Rs23/11.8kg for Dec
Lahore again tops list of world’s most polluted cities
Gold prices down Rs1,150/tolaBUSINESS RECORDER
Gas sector, PD asked to prepare formula based on data for pricing mechanism
UAE formulating new protocols for visas: Qureshi
EFP, Istanbul Chamber agree to boost bilateral trade
November’s inflation likely to be 8.2pc
Diesel price raised by Rs4 per litre
Trade activity remains steady on cotton market
Gold prices further slideTHE EXPRESS TRIBUNE
FBR achieves five-month tax target
Provinces reject weighted average cost of gas
Govt raises HSD price by Rs4 per litreEXPRESS NEWSPAPER
Price of LPG enhanced by Rs.2/- per Kg
Price of high-speed Diesel increased by Rs.4/- per liter
Price of Gold down by Rs.1150 per tola, value of dollar plunged by 45 paisasDate: December 14, 2020DAWN NEWSPAPERTextile industry bounces back stronger
BUSINESS RECORDER
PHMA for solution of skilled labour shortage
WWF: A direct tax on income in the guise of labour levy
Weekly Cotton Review, Rate remains stableTHE EXPRESS TRIBUNE
Can we afford to ignore exports?
Date: December 18, 2020
DAWN NEWSPAPER
Agreement signed for Gwadar virtual LNG pipeline
Foreign loans surge by 45pc in five months of fiscal
Ex-SBP governor suggests measures to stimulate economic activity
‘Employers getting Covid-19 benefits from govt, but not transferring them to workers’
Pakistan ranks eighth in global slavery indexTHE NEWS INTERNATIONAL
Lack of reforms in gas sector, slow pace of explorations cause gas shortage
Govt to grant LNG terminals’ capacity to private sector
SBP, LCCI hold awareness session
Sialkot Business Council launched
External inflows grow 45pc to $4.5bln in July-Nov
Forex reserves fall to $20.379bln
Gold rates increase Rs550/tolaBUSINESS RECORDER
$4.5bn foreign debt incurred in 5 months
Cotton spot rate rises by Rs100 to Rs9750THE EXPRESS TRIBUNE
Govt agrees to hike power tariffs to revive IMF bailout
Pakistan gets $1.1 b expensive foreign commercial loans
2021 likely to be year of stabilisation
SBP reserves remain stable at $13.29bEXPRESS NEWSPAPER
Decided to return back cash 5% to the consumers of big retail outlet
Corona vaccine will be available in the country in February or March. Faisal SultanNov textile exports up 9.27pc YoY
Alarming decline in cotton production
State of economy, Govt deriving too much satisfaction from indicators?
SECP to revise Securities Act-2015 to promote ease of doing business
KCA raises spot rate by Rs100 to Rs9850
Small industries, FPCCI applauds SBP’s waiver of up to $5000 per consignmentDrive against fancy number plates, pressure horns announced
State of the economy
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