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10 July 2026
Author: Asif S Kasbati (FCA, FCMA & LLB)
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
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
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
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 (
(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).
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