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01 July 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB).
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. Finance Act 2026: FBR denied powers to recover taxes from bank accounts without notice-BR
2. FBR slashes regular duty on SUVs-BR
3. Import of large number of items: RD rate capped at 20pc by FBR-BR
4. FBR collects over Rs13tr in FY26, more than target of Rs12.983tr-TNS
5. FBR beats revised tax target by Rs21 billion-DD
6. FBR allows banks access to asset declarations of public office holders-PPT
7. Senate panel seeks 20-year tobacco tax record after FBR fails to provide data-PPT
8. Finance Act, 2026: Govt withdraws proposed law for OMCs-PK
9. Banks to start deducting 5% tax on social media income from July 1-PPT
10. Govt allows instalment payment of tax on imported mobile phones from July 1-PPT
11. Govt to scrutinise bank accounts with over Rs100 million transactions from July 1-PPT
12. Refund case: Ombudsman finds lapses by tax authorities-BR
13. Rs12.957trn twice-downward revised tax target achieved- BR
14. PPA urges FBR to abolish fixed FED of Rs10 per DOC-BR
15. 30pc additional RD slapped on used vehicles-BR
Economy & Inflation matters (including Import, Export & CPEC)
1. Finance ministry expects economic growth to gain pace in FY27-TNS
2. PM Shehbaz directs major overhaul of agriculture sector-DD
3. SAARC CCI leadership strengthens industrial ties with China-BR
4. 7pc growth needed to create 1.8m new jobs annually: minister-DD
5. Lawmakers question vehicle quality oversight-DD
6. Pakistan joins International Olive Council as permanent member, showcases expanding olive industry-PPT
7. External pressures mount: FD projects 11-12pc headline inflation this month-BR
8. Exporters seek removal of power cross-subsidy, roadmap for Rs327 billion refunds-PPT
36+ Customs Duty (including PSW)
Customs’ value on import of branded perfumes revised-BR
460 + Company Laws
1. Third-party motor insurance coverage in Sindh increases by 1,374pc-BR
2. Dawood Equities secures SECP certificate for Shariah-compliant brokerage window-PPT
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP directs banks not to block accounts without lawful authority-BR
2. SBP rolls out its redesigned website-BR
3. SBP unveils new official website-TNS
4. SBP FX purchases drop to $667m in March-TNS
5. SBP unveils new website-DD
6. SBP asks banks not to block accounts without lawful authority-TNS
7. SBP launches new official website to promote greater inclusivity, enhance public outreach-APP
8. SBP injects Rs10.5 trillion through Reverse Repo Purchase-PPT
9. Foreign exchange rates in Pakistan for today, June 30, 2026-PPT
10. New govt loans to be Shariah-compliant from 2028-DD
11. Currency rates of NBP-APP
12. NBP Exchange Rates-APP
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX soars 44pc in FY26: Index likely to cross 200,000-level by Dec-BR
2. Positive sentiments drive PSX, KSE-100 settles with over 1% gain-BR
3. Buying rally continues at PSX, KSE-100 up 1,800 points-BR
4. PSX rebounds to end FY26 above 180,000-DD
5. Investor optimism powers PSX to 1,887-point surge-ET
6. Rupee stays flat in interbank-TNS
7. Gold price per tola drops by Rs4,100 in Pakistan-BR
8. Gold price in Pakistan for today, June 30, 2026-PPT
9. Silver price in Pakistan for today, June 30, 2026-PPT
10. Gold prices drop Rs4,100 per tola-TNS
11. Pakistan becomes third country to join Apparel and Textile Transformation Initiative-PPT
POL, Gas, other Minerals & Electricity (including Solar & Water
1. Oil prices rise as breakdown in Iran-US talks raises supply concerns-BR
2. Oil prices little changed but set for steepest monthly, quarterly losses since 2020-BR
3. Govt establishes petroleum price stabilisation fund to manage fuel price volatility-TNS
4. Pakistan imports over 16m tonnes of oil in July-May-TNS
5. POL prices: OCAC argues frequent changes hurt investor trust-BR
6. Iraq’s push for bigger Opec quota driven by revenue pressures, new oil investment-TNS
7. Govt expects easing inflationary pressure in new fiscal year following reopening of Strait of Hormuz-DD
8. Govt urged to examine option of Iranian oil import-BR
9. Pakistan creates Petroleum Prices Stabilisation Fund to manage oil market shocks-PPT
10. OGDCL completes drilling of development well in Sanghar-BR
11. President signs ordinance to appoint Ogra chief-BR
12. OGDC completes development well in Sanghar-TNS
13. Govt secures eighth LNG cargo since Iran crisis-TNS
14. Govt fixes Rs2,000 gas rate for RLNG power plants amid LNG supply crunch-TNS
15. Ordinance amends Ogra law to let bureaucrats head entity temporarily-TNS
16. SNGPL unable to repay Rs50 billion loan as its circular debt burden hits Rs819 billion -PPT
17. OGDCL completes Chak 63-05 well in Sindh, tests 10.5 MMSCFD gas flow-PPT
18. Pakistan issues urgent tender for LNG cargo delivery this week-PPT
19. Ogra cuts LPG prices by 21.8pc for July-TNS
20. July LPG prices decreased- BR
21. PD set to submit ‘surplus package’ reassessment to NEPRA-BR
22. Nepra cuts CPPA-G market fee to Rs10.5248 per kW per month-PPT
23. KOEN seeks Islamabad’s support as $1bn hydropower projects face uncertainty-BR
24. Full-scale RCC trial commences on Dasu project-BR
Weather Updates
1. The Weather-BR
2. PMD forecasts hotter-than-normal weather and flood risks for July to September-TN
3. PMD forecasts widespread monsoon rains from July 1-TN
Other Pakistan
1. Population boom straining resources: PM-BR
2. PM’s grievance wing resolved 92pc of public complaints’-TNS
3. Balance between population and resources must for progress: PM Shehbaz-DD
4. CM Murad warns against wheat hoarding, orders crackdown to stabilise rising flour prices-DD
5. NA panel examines performance of PM’s public affairs, grievance wing-BR
6. Senate body for flight operations on remote, underserved routes-BR
7. CPPs gas levy case: FCC issues notices to power regulator, other respondents-BR
8. NA panel flags its concern over non-appearance of KE CEO-BR
9. IHC reserves verdict on pleas against Imran, Bushra’s solitary confinement-DD
10. Smuggling of human placentas case: Physical remand of five suspects including Chinese extended-BR
11. HEC forms panel for fresh assessment of Fuuast governance, fiscal management-TNS
12. Petitioner approaches SC to overturn IHC’s acquittal of accused in domestic violence case-DD
13. Official silence fuels confusion on ‘arrest’ of JAAC leader Shaukat Nawaz Mir-DD
14. SJC dismisses complaint against IHC judge in hit-and-run case-DD
15. Foreign Secy receives OPCW delegation at MoFA-BR
16. PA to return controversial bill to govt for changes-DD
17. Punjab PA returns Habitual Offenders Bill to Law Dept-BR
18. Ahsan unveils major road and rail projects-BR
19. Bilawal for new int’l convention against ‘weaponisation of waterways’-BR
20. Global challenges: UN official highlights Pakistan’s role-BR
21. PAC recovers record Rs34.5bn from federal, Sindh govt depts-TNS
22. IHC clears amalgamation of Telenor Pakistan into PTML-BR
23. FCC issues notices in Nepra levy case-TNS
24. SHC calls for accountability of Sindh Public Service Commission amid complaints of nepotism-DD
25. SHC orders reassessing test papers of petitioners-TNS
26. Alleged solitary confinement of IK, Bushra: IHC reserves verdict on maintainability of pleas-BR
27. Ali Khamenei: Ghalibaf invites NA Speaker to memorial ceremony-BR
28. Supreme Court spurns Trump on birthright citizenship-DD
29. Indus Waters Treaty: Meaningful engagement with India requires reciprocity: Dar-BR
30. Govt must create conducive environment for dialogue with PTI: Gohar-BR
31. Raja Nasir submits privilege motion against govt officials-BR
32. Punjab CM launches ‘green transport revolution’-BR
33. Punjab launches expansion of eco-friendly transport initiative-DD
34. SC to hear today appeals in blasphemy cases-TNS
35. Transition to Riba-free financial system will be gradual: report-TNS
36. World Day of Parliamentarism: CM Maryam for upholding Constitution, rule of law-BR
37. Parliament cornerstone of democracy: governor-BR
38. Senate panel seeks action on high Quetta air fares-DD
39. Karachiites in for price shock as KWSC set to hike bowser charges-DD
40. Murad Saeed’s disqualification: ECP bench reserves judgement on Senate seat-BR
41. PPP, JUIF to form coalition govt in AJK: Bilawal-TNS
42. COC told Geo News sacked sensitive documentary maker, previewer-TNS
43. LCCI informed: Karakalpakstan offers vast investment opportunities-BR
44. Contractor, officials summoned over illegal phosphate mining in Abbottabad-DD
45. 5 policemen arrested over prisoners’ escape in Rawalpindi-DD
46. Prohibition of chemical weapons: Pakistan hosts three-day forum on peaceful uses of chemistry-TNS
47. Pakistan to launch first phase of ML-1 from next fiscal-TNS
48. Parliamentary body asks CDA not to take action against slums in capital-DD
49. KP cabinet approves commerce, trade statistics rule-BR
50. LHC CJ inaugurates new digital systems-BR
51. NHA debt hits Rs3.7tr, deficits top Rs2tr in 10 years: AGP-TNS
52. 1 killed, 6 others injured in suspected drone strike in Peshawar ouskirts-DD
53. Senate panel wants CDA to give details of expenditure of Parliament Lodges-TNS
54. Allama Nasir submits privilege motion in Senate-TNS
55. IHC appoints commission to inspect Bhong interchange project-TNS
56. KP Senate by-election: ECP reserves verdict on suspension of schedule-TNS
57. No part of Balochistan beyond state control, claims CM Bugti-TNS
58. Sindh to digitize scholarship system, reviews allocation of university seats-TNS
59. LHC upholds death sentence in robbery, murder case-TNS
60. Commissioner briefed on revenue data digitisation-TNS
61. Iran prioritises diplomacy with US but remains ready for war: negotiator-BR
62. Pakistan Hotels Developers files plea as winding-up remains incomplete-BR
63. Ingredion closes $165m sale of Rafhan Maize control to Nishat-led consortium-PPT
64. Govt seeks feedback on draft Data Governance Policy 2026-PPT
65. PTA income falls 62% amid years-long delay in 5G spectrum auction-PPT
66. Pakistan Steel Mills losses surge to Rs246 billion in 15 years, AGP calls for urgent restructuring-PPT
67. AGP flags Rs3.195 billion unadjusted advances in PBS census spending-PPT
68. Al Shaheer Corporation’s CEO moves to acquire controlling stake in company-PPT
69. Finance Ministry makes asset registers mandatory for federal departments -PPT
70. Govt transfers control of PIA management to buyer consortium-PPT
Other international
1. Qatar reaffirms mediation role in US-Iran talks after meeting with Witkoff-BR
2. Kushner, Witkoff arrive in Doha but ‘no direct US-Iran talks scheduled’-TNS
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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