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RCCI urges FBR to review its revenue target for next fiscal year

RAWALPINDI, JUNE 13 (DNA) – The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged the Federal Board of Revenue (FBR) to review its revenue targets for fiscal year 2020-21.

The revenue target in the budget has been set to 4963 billion without assessing the ground realities and Corona threat. The economy got hit by Corona badly and as PBS Pakistan economy suffered more than 3000 billion loss in one quarter.

RCCI President Saboor Malik in a statement said that the business community is not satisfied at all on budget as it falls below expectations for us, he added.

Last year the revenue target was set at 4700 billion where FBR failed to meet its targets by 900 billion. It is not possible to increase the revenue targets amid lock-down and Corona spread.

The Government failed to achieve its GDP growth target and except Agriculture all other key economic indicators shows negative growth. The industry and the services sector also got worst hit by Corona.

RCCI chief suggested that Sales tax be dropped to single digit from 17 percent as this step will push people for more spending and on the other hand increase the industry wheel with a faster pace.

He lauded the Government for lowering FED and regulatory duties on different tariff lines and added that the business community has been demanding this since last fiscal year.

Reduction in customs duty on raw material, advance tax exemption on auto rickshaws and motorcycles and reduction in capital gains tax will help speed up business activities, he further added.

The scheme announced for the construction sector, which was due to expire in December 2020, was demanded by the chamber to be extended. It has been extended to June 2021, which is a welcome step towards increasing the business activities, he said.DNA

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Taliban fighters attack security checkpoint

KABUL, JUNE 13 / DNA / = At least nine policemen were killed in clashes with the Taliban militants in Ghor and Kandahar provinces. Fakhrudin, the district police chief for Pasaband, Ghor, said that Taliban fighters stormed a security outpost on Friday midnight in the district. 

At least seven policemen were killed, one police officer was wounded and another is missing, Fakhrudin said. According to him, the militants have seized all equipment of the outpost.

The police commander, however, claimed that the Afghan forces have also inflicted casualties on the Taliban, but did not provide further details.
Meanwhile, at least two policemen were killed and another was wounded in a clash with the Taliban in the Dand district of southern Kandahar province. In a statement released on Saturday, Kandahar police said the clash broke out after the militants attacked police forces in the district. According to the statement, at least 16 insurgents were killed and 11 others wounded in the clash. The Taliban militant group yet to make a comment about the incidents.

Islamabad’s G-9/2, 3 areas sealed after spike in Covid-19 cases

ISLAMABAD: The authorities have sealed G-9/2, G-9/3 and Karachi Company areas of Islamabad after a sharp increase in COVID-19 cases reported in the capital city.

The Islamabad administration on Thursday decided to impose full-scale lockdown at the coronavirus hot-spots of the city.

According to Deputy Commissioner Islamabad, Hamza Shafqat, the Islamabad Capital Territory administration has sealed various areas including G-9/2, G-9/3, Karachi Company commercial area and adjoining localities last night after 250 to 300 people were diagnosed with COVID-19.

The deputy commissioner has said that the shops of food items and essential commodities will remain open for a fixed time as the area being strictly monitored to ensure complete lockdown.

Earlier, the city administration had advised the local residents to stock essential commodities and food items for at least three days as no one will be allowed to come out of their homes during the period.

Talking to journalist, Islamabad deputy commissioner had said that personnel of armed forces, Rangers and police will be deployed at the coronavirus hotspots to ensure complete lockdown.

He maintained that they were also considering to seal Sector-I/8, Sector-I/10, G-8 and G-7.

He said that over 200 people were diagnosed with COVID-19 in the areas adjacent to the Karachi Company.

Earlier on June 4, after a sharp increase in the local transmission of coronavirus cases in Islamabad, the district administration had sealed nine localities and streets in the federal capital.

According to a notification, the district administration, as part of precautionary measures to curb the spread of the virus, had called Army, Rangers and police to ensure complete lockdown at the COVID-19 hotspots in Islamabad.

Chatha Bakhtawar, PWD Housing Society’s block-6, Saudi-Pak Towers, Pakistan Sports Board, National Police Foundation and their surrounding areas had been sealed after confirmed COVID-19 cases had been reported from the localities.

Punjab, Sindh coronavirus cases cross 50,000 mark

LAHORE, JUNE 13 (DNA) – Two of the most populated provinces in the country, Punjab and Sindh, crossed 50,000 coronavirus cases on Saturday, according to the government’s COVID-19 portal.

In the last 24 hours, Punjab reported 2,705 cases taking the provincial tally to 50,087, while Sindh’s COVID-19 cases total is at 51,518 after 2,262 new cases were reported.

Punjab has reported the highest number of fatalities at 938, while 816 people have lost the battle to the deadly virus in Sindh.

Following the steep increase in cases, the governments of both the provinces are contemplating on imposing a lockdown, especially in Lahore and Karachi. A decision will, however, be taken after suggestions with the federal government.

The total number of COVID-19 cases across Pakistan have amounted to 132,405 and the number of deaths increased to 2,551. On the other hand, more than 50,000 people have defeated the virus.

According to experts, the country will experience a peak in its cases from June to August. Residents have been advised to strictly follow the government’s precautionary SOPs, wear masks and maintain social distancing.DNA

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Shahid Afridi tested positive for coronavirus

ISLAMABAD, Jun 13 (dna):Former Pakistan all-rounder Shahid Khan Afridi on Saturday said that he has tested positive for coronavirus. Afridi, who played 27 Tests, 398 One-day Internationals and 99 Twenty20 Internationals (T20Is) for Pakistan, took to his twitter handle to break the news.

“I’ve been feeling unwell since Thursday; my body had been aching badly. I’ve been tested and unfortunately I’m COVID positive. Need prayers for a speedy recovery, InshaAllah” Afridi tweeted.

Afridi, retired from international cricket at the Lord’s Cricket Stadium in 2018. However, he keeps on featuring in various leagues and last time he was seen in action in Pakistan Super League in March.

Soon after the coronavirus outbreak, he got engaged in charity through his foundation, working to mitigate sufferings of people in Pakistan and Bangladesh.

Earlier this month, another former Pakistan international cricketer Taufeeq Umar had also tested positive for coronavirus. However, he was recovered.

At least two Pakistani first-class cricketers lost their lives due to pandemic. Leg-spinner Riaz Sheikh died at his home in Karachi earlier this month. Sheikh, had claimed 116 wickets in 43 matches. While another Pakistani first-class player, Zafar Sarfaraz passed away in Peshawar in April. He was 50.

Masood condemns unprovoked Indian shelling along LoC

MUZAFFARABAD, JUNE 13 / DNA / = Terming the Indian firing from across the Line of Control (LoC) as an attempt to divert world’s attention from grave human rights abuses in IOK, AJK President, Sardar Masood Khan urged United Nations Military Observers Group in India and Pakistan (UNMOGIP) to inform UN Secretary General and the members of the Security Council about the deteriorating security situation in the region.

The President condemned Indian shelling on unarmed civilian populations in different sectors of Azad Kashmir that killed an elderly woman in Haveli sector and wounded two others in Goi, Tatapani Sectors of Kotli district and destroyed several residential houses.

He called upon the United Nations Security Council to take serious notice of the escalating incidents of firing by Indian troops across the Line of Control (LoC).

The President said international community must compel India to abide by the 2003 ceasefire agreement and added that the Indian occupation forces had committed over 1,000 ceasefire violations in the current year, which had left eight civilians martyred and 100 others injured.

Urging UNMOGIP to effectively monitor ceasefire violation, President Khan expressed his dismay over the silence of UN Secretary General and failure of Security Council to take cognizance of such violations regularly reported by UNMOGIP.

The AJK President described the unprovoked Indian troops’ firing in different sectors of LoC as a cowardly act of terror and an attempt to divert attention of the world from the worst human rights situation in Occupied Jammu and Kashmir and in India. He termed fresh spate of shelling from across the LoC as India’s war hysteria that is threatening peace and security in the region.

Earlier in an interview with a news web portal, President outlined that a bevy of international laws specifically prohibit what the BJP-RSS regime is doing in IOJK. He added that the crimes they are committing fall within the categories of genocide, crimes against humanity, ethnic cleansing and war crimes.

AJK President emphasized that actions against these crimes are listed in the Charter of the United Nations, the two International Covenants, Fourth Geneva Convention, Additional Protocol -I, and International Criminal Court (ICC) Statute, as well as numerous conventions on the rights of the child, elimination of racial discrimination, discrimination against women, torture and enforced disseverances.

Indian soldiers and occupation authorities in the state, he said, are in fact Génocidaires but India gets away because of its political and economic heft. The will of the member states and states parties to the conventions and treaties has wilted over the years in dealing with difficult issues.

They (UN member states) are selective and choose their subjects based on political considerations. The UN Security Council and other international law enforcing bodies have taken a hiatus from issues like Kashmir. This is one of the most severe crises in the contemporary world order.

Economy to suffer loss of Rs3000 billion due to COVID-19: Hafeez Sheikh

ISLAMABAD – Finance Advisor Abdul Hafeez Sheikh has said that country’s economy will suffer an estimated loss of Rs3000 billion to coronavirus pandemic.

Abdul Hafeez Sheikh, while addressing a post budget press conference said that efforts are being made to provide maximum relief to the people and government did not put burden on the masses in the budget.

Finance Advisor told the media that government has abolished 10 types of different withholding taxes and duty on tariff lines of 1600 imported goods has been reduced to zero. He added that government paid Rs5000 billion on debt payment with Rs2700 billions in interest payment of past loans.

Abdul Hafeez Sheikh further said that government deliberately reduced imports as at one moment foreign exchanges were depleted; however, government managed to reduced current account deficit from Rs20 billion to just Rs3 billion.

Hafeez Sheikh also claimed that before coronavirus, tax revenue increased by 17% and foreign investments rose by 137 percent.

He also clarified that government is not hiding behind coronavirus pandemic and said that the virus has disturbed entire world and not only Pakistan. The virus has negatively affected FBR’s tax collection as most of commercial activity was halted and it is estimated that pandemic will cause a loss of Rs3000 billion to the country’s economy, he added.

The advisor also said that three months electricity bills of small businesses were paid and prices of diesel and petrol were significantly reduced. For the benefit of farmers, government procured wheat of Rs280 billion.

PM Imran, CM Punjab discuss coronavirus situation

LAHORE  – Prime Minister Imran Khan and Chief Minister of Punjab Sardar Usman Buzdar discussed coronavirus and locust situation in the province.

According to details, Prime Minister Imran is in Lahore on a two-day-long visit. The prime minister is scheduled to chair an important meeting of Punjab corona cabinet committee. The meeting will deliberate over increasing number of coronavirus cases and take important decisions to curb the spread of the novel virus.

Prime Minister Imran Khan will also chair a meeting on locust situation in the province.

The PM will also hold separate meetings with Governor Punjab Chaudhry Sarwar and provincial ministers.

Ex-PM Yousaf Raza Gilani tests positive for COVID-19

MULTAN  – Former Prime Minister and senior leader of Pakistan Peoples’ Party (PPP) Yousaf Raza Gilani has tested positive for the novel coronavirus.

According to details, Son of the ex-PM revealed that his father has contracted the deadly virus and appealed to people to pray for speedy recovery of his father.

Kasim Gilani blamed National Accountability Bureau (NAB) and Imran Khan’s government for putting his father’s life in danger.

Virus returns to China; Lockdown in Beijing

BEIJING, June 13 (DNA):Parts of Beijing were placed under lockdown on Saturday as six new domestic coronavirus cases were reported, fuelling fears of a resurgence in local transmission.

People were prevented from leaving their homes at 11 residential estates in south Beijing’s Fengtai district after most of the cases were linked to a nearby meat market, city officials said in a press briefing.

Beijing’s first COVID-19 case in two months, announced on Thursday, had visited Xinfadi meat market last week and had no recent travel history outside the city.

China’s domestic outbreak had been brought largely under control through vast, strict lockdowns that were imposed after the disease was first detected in the central city of Wuhan last year.

These measures had largely been lifted as the infection rate dropped, and the majority of cases reported in recent months were citizens living abroad who were tested as they returned home during the pandemic.

Among the six new domestic cases announced Saturday were three Xinfadi market workers, one market visitor and two employees at the China Meat Research Centre, seven kilometres (four miles) away. One of the employees had visited the market last week.

Authorities closed the market, along with another seafood market visited by one of the patients, for disinfection and sample collection on Friday.DNA

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