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DNVC 10.7.26= 24.1.48

10 July 2026

Author: Asif S Kasbati (FCA, FCMA & LLB)

Date: Fri, Jul 10, 2026 at 11:34 AM
Subject: DNVC 10.7.26= 24.1.48


Dear Learned Recipient

 

590+ Taxes & Levies (including FED, GIDC, Budgets, IMF, ORS/BS 19+ FST cum Customs Duty but excluding those which are exclusively about Customs Duty)

1.             FBR blocks refunds of over Rs6bn of non-compliant taxpayers-BR

2.             FBR anticipates digitalisation to boost tax collection-BR

3.             FBR to automate penalties for overstayed cargo at ports-PPT

4.             Customs reforms help increase average revenue per GD by 16pc to around Rs7.7m-BR

5.             Maritime Task Force reforms boost customs efficiency, trade facilitation: FBR-APP

6.             KP asks Centre to defer tax exemption withdrawal in Malakand, merged districts-PPT

7.             The ‘wait for it’ budget-DD

8.             Reflections on provincial budgets FY27—II-BR

9.             Mideast conflict to hit global economy: IMF-DD

10.          IMF keeps Pakistan growth forecast unchanged at 3.5% for new fiscal year-PPT

11.          Car dealers, showroom owners: KP to establish facilitation points-BR

12.          Sindh High Court Bar Association President plus Team had a meeting on 2.7.26 with CEO, Kasbati & Co plus Team at Tax Excellence Office for mutual way forward for Tax cum Levies learning & development for Advocates High Court via Kasbati & Team

 

Economy & Inflation matters (including Import, Export & CPEC)

1.             Rising economic prospects-DD

2.             Pakistan, Croatia could utilise their locations to unlock 'enormous potential' for growth: Dar-DD

3.             Govt pins hopes on Field Marshal Munir to tackle population growth-DD

4.             Sino-Pak friendship continues to grow stronger: Acting CG-BR

5.             ADB cuts Pakistan growth forecast to 3.7pc on higher energy costs-DD

6.             Pakistan assures EU of fulfilling obligations under GSP+ framework-DD

7.             Pakistan assures EU of fulfilling obligations under GSP+ framework-DD

8.             Manufacturing recovery to be narrow-based--ET

9.             Pakistan Banking Summit 2026 opens: Pakistan transitioning to investment-led growth: Aurangzeb-BR

10.          Cabinet committee denies gas utilities exemption from international accounting standards-DD

11.          CLIS+: transforming agricultural risk protection in Pakistan-BR

12.          SMEDA offers free registration for MSMEs-TNS

13.          PM seeks stronger Pakistan-Croatia ties in trade, investment-DD

14.          Pakistan, Turkiye trade must achieve next level: FPCCI Chief proposes Pakistan–Türkiye Joint Business Meeting under ECO-CCI-BR

15.          Auto policy limbo-BR

16.          Trade, education discussed at Pak-Russia webinar-TNS

17.          LCCI urges export growth, import substitution-BR

18.          Sindh says set to curb wheat hoarding, profiteering- BR

19.          CS reviews wheat stock position, flour prices-BR

20.          ‘Govt failed to sustain export-led growth achieved in 2023-24’-DD

21.          Reciprocal trade deal with US being negotiated: FO-BR

22.          Pakistan’s seafood exports hit record $568 million in FY2025-26-PPT

23.          Development spending surged past target in last fiscal year-TN

24.          LCCI holds seminar on export opportunities for Pakistan-APP

25.          ADB says Pakistan economy grew at 3.7pc in FY2026-APP

26.          ADB cuts growth forecast to 3.7%-ET

27.          PM holds talks on trade, investment with Croatian delegation-BR

28.          TDAP, PHDE explore potato export opportunities-BR

29.          Pakistan, US hold trade talks in Washington on reciprocal trade agreement0-TNS

30.          NA body reviews Potato crop crisis,Mango export strategy-APP

31.          FPCCI launches initiative to turn home-based women enterprises into export businesses-TNS

32.          Edibles’ prices stable despite fluctuations at global level: SACM-TNS

 

36+ Customs Duty (including PSW)

1.             Massive ‘misuse’ of EFS detected at Karachi-BR

2.             Duty-free imports rise to $27bn under tariff reform drive-DD

3.             Govt begins commercial shipbuilding after four decades, official says-TNS

 

300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)

1.             SBP achieves FX reserves target- BR

2.             SBP sets Rs1.5 trillion target for SMEs financing by June 2028-PPT

3.             Overseas Pakistanis send $41.6bn in FY26 as SBP ends incentive schemes-BR

4.             BISP digital wallets: SBP says transaction charges only apply to cash withdrawals-BR

5.             Digitalisation of BISP beneficiary accounts to complete by December: SBP-TNS

6.             World Bank approves $376mn to strengthen Pakistan’s electricity grid-BR

7.             ADB lowers Pak growth forecast to 3.7pc-BR

8.             FY26: Record USD41.6bn home remittances received-BR

9.             Pakistan receives record $41.6 billion workers’ remittances in FY26-PPT

10.          Remittances hit record $41.6bn in FY26-DD

11.          Remittances hit record $41.6bn in FY26-TNS

12.          FY26 remittances hit $41.6bn, showing 8.6% yearly growth-TNS

13.          ADB cuts Pakistan growth forecast to 3.7pc-TNS

14.          Debt accumulation & failed fiscal model-BR

15.          Debt accumulation & failed fiscal model-BR

16.          Federal govt debt: the sovereign-financial system loop-BR

17.          Digital payment adoption: NBP, 1LINK hold bank activation-BR

18.          CDNS sets Rs1.5 trillion savings goal for FY2026-27-APP

19.          Foreign exchange rates-APP

20.          Currency rates of NBP-APP

 

Market (Stock, Currency, Gold, Textile, Cotton & PMEX)

1.             Stocks surge at PSX, KSE-100 up nearly 1,700 points in early trade-BR

2.             KSE-100 sheds 370 points in cautious trade-TNS

3.             Stocks extend losses amid persisting volatility-DD

4.             Security risks dent business confidence, OICCI survey finds-DD

5.             Stock market investor accounts see record 48pc growth-TNS

6.             Stock market investor accounts record historic 48% growth-APP

7.             PSX stays bearish, loses 4,626 points-TN

8.             Govt raises Rs235.5 billion through PSX Hybrid Sukuk auction-PPT

9.             PSX extends losses as Middle East tensions keep investors on edge-PPT

 

10.          Rupee ends steady-DD

11.          Rupee gains 01 paisa against Dollar-APP

 

12.          Gold price per tola drops Rs4,700 in Pakistan- BR

13.          Gold price per tola gains Rs3,600 in Pakistan-BR

14.          Gold dips as Mideast hostilities revive inflation concerns-BR

15.          Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets-BR

16.          Gold rates up Rs3,600 per tola-TNS

17.          Silver price in Pakistan for today, July 09, 2026-PPT

18.          Gold price in Pakistan for today, July 09, 2026-PPT

 

POL, Gas, other Minerals & Electricity (including Solar & Water)

1.             Refining Policy 2023: Amendments set to return to CCoE-BR

2.             Oil prices dive by more than 2pc-BR

3.             Malaysia June palm oil stocks at four-month high as output rises strongly-BR

4.             Oil edges lower, but heads for weekly gain as Middle East supply risks persist-BR

5.             Oil prices rise on Middle East supply fears-TNS

6.             Crude rally deepens as US-Iran tensions shatter ceasefire hopes-TNS

7.             Oil prices slip over 2pc-DD

8.             Oil prices jump 7pc-DD

9.             IGP orders crackdown on oil theft across Sindh-TNS

10.          So, is it really “over”?-BR

11.          Ogra to issue revised plan for settlement of Rs66.7 billion oil sector claims-PPT

 

 

12.          ‘Gas supply continues across country’-BR

13.          Cost of incomplete gas reforms-BR

14.          Iran-Pakistan pipeline needs a price reset-BR

15.          Hormuz crisis pushes Pakistan to float fresh spot LNG tender-TNS

16.          Govt seeks emergency LNG cargo after Qatari shipment aborted amid Hormuz tensions-TNS

17.          Sui Northern declares force majeure on RLNG supply as Hormuz tensions disrupt cargoes-PPT

18.          Govt avoids Rs16 billion claims by supplying local gas to two fertiliser plants-PPT

19.          Public Accounts Committee questions Rs1.6 billion bonus payments at Sui Southern Gas-PPT

 

 

20.          Industrial power tariffs: PALSP urges govt to end structural anomaly-BR

21.          Circular debt: Govt to cut KE claims by billions to meet IMF targets-BR

22.          Power users to pay Rs4.2bn extra for May-DD

23.          Pakistan’s solar revolution: phase-two in full swing-BR

24.          Govt to adjust K-Electric subsidy funds to cut circular debt stock-PPT

25.          Nepra approves 33.64 paisa per unit hike in May fuel charges for Discos, K-Electric-PPT

26.          The solar rush is not a disease. It is the symptom-BR

 

Weather Updates 

1.             The Weather-BR

2.             Sea breeze brings relief as PMD forecasts drizzle in Karachi-TN

3.             Heat to continue as rain expected in parts-TN

 

320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)

Five hospitals get notices for issuing manual MLCs, autopsy reports in Punjab-DD

 

Islam Here & Hereafter

Where did Islam / or we get lost and way forwards towards proper direction for Here & Hereafter Benefits

 

Other Pakistan

1.             Defence Committee recommends Pakistan Air Safety Investigation (Amendment) Bill, 2026, for passage by NA-BR

2.             Balochistan: PM announces intensified operation-BR

3.             Pak’s access to EU’s Generalised Scheme of Preferences Plus 'vital': Dar-BR

4.             PA body orders probe into financial irregularities in agri dept-BR

5.             NA panel clears air safety bill to remove statutory inconsistencies-DD

6.             SC rules technical procedures should not impede justice-DD

7.             Bilawal reviews Strategic Development Initiative projects for Sindh-DD

8.             Transforming Sindh: Bilawal reviews strategic uplift project plans-BR

9.             Punjab unveils climate resilience plan-BR

10.          Perks, privileges of law officers: Senate body proposes amendments to remove disparities-BR

11.          Revival of RCD demanded to strengthen regional cooperation-BR

12.          ‘Hawala, hundi case’: Bahria Town official convicted-BR

13.          Ban on approving land use changes lifted: FCC recalls SC orders regarding demolition of some commercial buildings in Karachi-BR

14.          ECP gives KP, Centre until 28th to submit LG paperwork-DD

15.          There’s considerable potential to deepen Pak-China ties: Gilani-BR

16.          Habitual offenders, anti-social behaviour bill: Proposed law will turn Punjab into an open jail: rights activists-DD

17.          Strategy to minimise impacts of heatwave, floods ready: CM Maryam-DD

18.          Suggestions soon to revive PSM: Leghari- BR

19.          PU syndicate approves Rs20.87bn budget-TNS

20.          MWL SG calls on CJP-BR

21.          Cabinet approves new Haj policy aimed at improving pilgrim services-DD

22.          Poor services in courts: IHC seeks responses from mobile cos, PTA-BR

23.          ‘CM sports academies key to producing future stars’-TNS

24.          Azma briefs US CG about CM’s initiatives-BR

25.          PHC develops manual for hospitals’ grading-TNS

26.          Sharjeel seeks WB support for green transport expansion in Sindh-TNS

27.          DPM reviews diplomatic engagements-BR

28.          Building law enforcement is domain of govt, not judiciary: FCC-TNS

29.          First KWSC police station opens to strengthen water theft crackdown-TNS

30.          Man gets death for 2019 murder of TV anchorperson Mureed Abbas, friend-TNS

31.          Provincial Cabinet approves KP Health Policy 2026-BR

32.          Gul Plaza inferno: Court orders fresh probe to determine SBCA, KMC, fire department’s ‘negligence’-TNS

33.          SC acquits three convicts in Christian couple burning case-TNS

34.          Premier asks embassies to create employment opportunities for Pakistanis-DD

35.          [Comment] Balochistan: the governance factor-TNS

36.          Sindh govt spokesperson directs officials to address public complaint-TNS

37.          Salary crisis triggers protest at University of Peshawar-TNS

38.          Outgoing Malaysian CG lauds Pakistan’s role in regional peace-TNS

39.          ‘InvestPak’ a positive step: Zahid-BR

40.          Jane meets Dar-BR

41.          Man held for ‘rape and murder’ of six-year-old boy remanded in police custody-TNS

42.          Anti-terror campaign to intensify in Balochistan: PM-TNS

43.          PHC refers bail plea of Kohistan scam accused on medical grounds to AC-TNS

44.          Balochistan opposition sounds alarm over spiralling violence-DD

45.          Gandapur criticises KP govt’s performance in leaked audio-DD

46.          Forest land can’t be allotted to anyone: SC-TNS

47.          FCC recalls orders that led to Nasla Tower demolition in Karachi-DD

48.          Every dish tells a story: TDF Ghar launches ‘Karachi Khichri’ exhibition-TNS

49.          NAB briefing to Senate panel rescheduled for August-TNS

50.          FCC CJ approves summer vacation for judicial staff-TNS

51.          CM Afridi orders revamp of district headquarters hospitals in current fiscal year-DD

52.          17 die in attack on Shafiq Mengal’s Khuzdar home-DD

53.          New AJK assembly to decide fate of refugee seats: PPP-DD

54.          Naqvi meets UN Secretary General Antonio Guterres-TNS

55.          Nasir Hussain Shah dispels health rumours, says he is recovering well-TNS

56.          Pakistan taking on mantle of mediation for war-torn Libya-DD

57.          Dr Ayesha Mian elected president of IACAPAP-DD

58.          Pakistan’s Kashmir lawfare moment-DD

59.          Pakistan’s Kashmir lawfare moment-DD

60.          Assassinated Iranian supreme leader Ayatollah Khamenei laid to rest in Mashhad-DD

61.          Balochistan carnage-DD

62.          Stories by Sufiyan Bin Muneer-DD

63.          Procedural law must give voice to human suffering, not silence it: SC-TNS

64.          PHC stops cement company from operating coal power plant in Kohat-DD

65.          Azma, US diplomat discuss cultural, art events-TNS

66.          Families of crew aboard crashed cargo plane face agonising wait-DD

67.          Turkiye's Erdogan gives Nato leaders revolver conundrum after summit-DD

68.          British HC, Dar discuss regional developments-TNS

69.          Lahore High Court rules CNIC cannot be blocked to enforce maintenance decree-DD

70.          JAAC warns of ‘march on Muzaffarabad’ if demands not met-DD

71.          IHC grants final adjournment to Imran's counsel in £190m corruption case-DD

72.          From Feb 2024 to April 2026...: China, India-linked hackers targeted Pakistani law enforcement: report-TNS

73.          PN rescues 20 crew members from sinking cargo dhow-BR

74.          Indus Motor raises Toyota Corolla Cross hybrid prices by up to Rs1.36 million-PPT

75.          Pakistan, US begin key trade talks as tariff relief takes centre stage-PPT

76.          Saudi Package Visa to simplify tourist travel from Pakistan -PPT

 

Other international

1.             US, Iran battle over strategic Strait of Hormuz-BR

2.             US military carries out fresh strikes on Iran, prompting Iran attacks on Kuwait and Bahrain-BR

3.             Iran says projectile hit military base near Bushehr: state media- BR

4.             US, Iran trade strikes for a 2nd day in fight over Strait of Hormuz-DD

5.              Trump says he will lift Turkiye sanctions, decide on selling F-35s-DD

6.             Rethinking land acquisition in South Asia-ET

 

The below news items are extracted after sending yesterday email:

 

(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), The News (TNS)

 

(B) The above areas are covered by average 5  specialized team members, covering about 16 hours per day at different timing slots, under the Leadership of Mr Asif S Kasbati (FCA, FCMA & LLB).

 

If your Goodself gets this email without Links, please contact us immediately.

 

Best regards

Kasbati & Co Team


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