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.       Sindh budget debate: Treasury slams FBR for failing to achieve revenue collection target-BR

2.       FBR seeks Rs2.217 billion from PIA over unpaid salary withholding tax-PPT

3.       FBR extends customs duty exemption on aircraft and aviation parts for FY2026-27-PK

4.       FBR Imposes Conditions on Skimmed Milk Powder Imports from July 2026-PK

5.       FBR Chairman Praises Budget Team for Smooth Delivery of Federal Budget 2026-27-PK

6.       Entertainment industry warns against removing tax on foreign content-TNS

7.       35 changes made in Finance Bill, 2026: Airlines get sales tax exemption on aircraft import-BR

8.       Finance bill 2026 cleared by NA amid opposition walkout-BR

9.       Punjab Assembly budget session: Speaker rebukes ministers, bureaucracy over ignorance of rules-BR

10.     Budget debate in Punjab Assembly: Govt, Opp trade barbs over budget, electoral process-TNS

11.     PTI rejects Finance Bill-BR

12.     PRA extends office hours till 30th-BR

13.     NA passes budget for FY2026-27 following opposition walkout-DD

14.     Opposition rejects ‘anti-people’ budget-TNS

15.     Quaid-e-Azam Mazar Management Board income to be exempted from tax after 58 years-PPT

16.     Punjab govt to install cameras at marriage halls, food chains to curb tax evasion-PPT

17.     NA Finance panel backs centralised banking data repository for tax enforcement-PPT

18.     National Assembly passes Rs18.77 trillion Finance Bill 2026-PPT

19.     Steel sector sales tax to be linked with electricity use under Finance Bill amendments-PPT

20.     NA finance panel backs 0.5% minimum tax for distributors, wholesalers of 14 goods-PPT

21.     Experts Call for Higher Tobacco Taxes and Climate Levy in Pakistan-PK

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

1.       Open for exits-BR

2.       Cabinet greenlights (NABP)–2025-BR

3.       FPCCI warns grid congestion threatens renewable sector-TNS

4.       2024-25 and 2025-26: NA set to approve Rs17.378trn supplementary grants-BR

5.       Rs3,177 billion spent without parliamentary approval in FY2024-25-TNS

6.       Government raises Rs1.15 trillion via T-bill auction; yields drop-TNS

7.       Telecom bill won’t infringe on private rights: minister-DD

8.       Digital payments adoption: Experts for stronger regulations-BR

9.       IT exports: strong run, hard climb ahead-BR

10.     Illegal cement unit: APCMA welcomes enforcement action-BR

11.     ‘Belt & Road Trade & Investment Forum’: Pakistan advocates new phase of China-South Asia industrial cooperation-BR

12.     Fish exports rise 4.18pc to $445.247 mln in 11 months-APP

36+ Customs Duty (including PSW) 

1.       ‘Positive changes are being considered to improve EFS’-BR

2.       Customs warns of rice subsidy abuse-DD

3.       KGTL plans up to $100 million more investment in Karachi port after cargo surge from Iran war-PPT

4.       KGTL plans up to $100m more investment in Karachi port after cargo surge from Iran war-DD

5.       Iran war created new transshipment opportunity, says KGTL CEO-TNS

460+ Company Laws

1.       CCP approves acquisition of BASF Pakistan by UAE firm-BR

2.       SECP approves IPO of LSE SPAC-II for listing on PSX-PPT

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

1.       SBP blames high govt borrowing for diluting tight monetary policy impact-BR

2.       SBP announces FY27 MPC meetings schedule-BR

3.       SBP releases advance calendar of Monetary Policy Committee meetings for FY27 -PPT

4.       SBP allows non-bank investors to participate in GIS auctions-BR

5.       SBP releases FY27 MPC calendar, schedules next policy review-TNS

6.       SBP issues Monetary Policy Committee FY27 calendar-DD

7.       SBP Announces Bank Holidays on Ashura 2026-PK

8.       Public holidays-TNS

9.       Raast projected to process $500bn in transactions this year-TNS

10.     Digital security: BankIslami partners with Resecurity- BR

11.     Foreign exchange rates-APP

12.     Currency rates of NBP-APP

13.     NBP Exchange Rates-APP

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

1.       PSX extends losses for third straight session-DD

2.       PSX ends lower as profit-taking erases early rally-ET

3.       Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year low-TN

4.       Dollar at 13-month high as rate hike bets, stock rout boost demand-BR

5.       Yen hovers near 40-year low against dollar-BR

6.       Gold slips as Fed rate-hike expectations buoy dollar-BR

7.       Gold prices drop Rs10,400 per tola-TNS

8.       Gold price in Pakistan for today, June 23, 2026-PPT

9.       Silver price in Pakistan for today, June 23, 2026-PPT

10.     Textile Exports Rise 1.83% in FY2025-26 Amid Recovery-PK

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

1.       Oil prices steady as investors focus on Hormuz flows-BR

2.       Oil prices extend decline on expectations of smoother crude flows via Hormuz-BR

3.       Weekly oil pricing mechanism to stay-DD

4.       Gulf oil tanker rates rise as Middle East producers ramp up exports-TNS

5.       Govt, industry agree on stable petroleum pricing formula-TNS

6.       Pakistan to save $3.24bn by converting Jamshoro Plant to Thar coal-TNS

7.       Gulf oil tanker rates nearly double-DD

8.       Transport Fares Reduced by Up to 18% After Fuel Price Cut-PK

9.       Punjab Transporters Slash Fares by Over 15% Following Fuel Price Cut-PK

10.     OGDCL links Sahito-1 to SSGC network-TNS

11.     OGDCL starts gas production from Sahito-1 discovery well in Sindh-PPT

12.     Gas production at Sahito-1 begins-BR

13.     MariEnergies starts Shams-1 gas supply to SNGPL-TNS

14.     20pc FED on mineral waters, other drinks abolished-BR

15.     Businessmen concerned at proposed amendment to Nepra Act-BR

16.     KE vows no loadshedding for three days, extends bills’ due date-TNS

17.     Pakistan to save $3.2 billion through conversion of Jamshoro power plant from imported coal to Thar lignite-PPT

18.     Bloomberg pledges $285m for clean energy-DD

19.     Thar lignite: Jamshoro Unit-01 plant conversion may save USD3.239bn-BR

20.     Concern expressed over curtailment of wind power plants-BR

21.     KP drops MHPP from World Bank-funded energy project-BR

22.     China tops world’s fastest supercomputer ranking-DD

Weather Updates 

The Weather-BR

Other Pakistan

1.       PM confers CPSP’s honorary fellowship upon Pezeshkian-BR

2.       PM tells NA: US-Iran deal could ease global tensions-BR

3.       PM vows Pakistan will never let Iran down-BR

4.       Pakistan, Iran vow to deepen bilateral ties-BR

5.       Iran says won’t allow UN inspectors at bombed nuke sites-BR

6.       PPP, MQM equally responsible for Karachi’s ‘destruction’: JI-BR

7.       Minister pays tribute to music maestro Tafu-BR

8.       Iran’s ballistic missile programme not part of Islamabad MoU: PM- BR

9.       Justice Hassan takes oath as FCC acting CJ-BR

10.     Opposition lawmakers in PA call for increasing retirement age, abolition of quota system-TNS

11.     Muttahida upbeat as PM Shehbaz orders body on LG tweaks, missing men-DD

12.     NA passes budget for next fiscal year-TNS

13.     Psychiatrists challenge FSC ruling on suicide attempts-DD

14.     Islamabad, KP: ECP summons officials over delay in LG polls-BR

15.     Health Ministry launches ITMS across all attach depts-BR

16.     LHC rejects teacher’s bail plea in student assault case-TNS

17.     LHC rejects teacher’s bail plea-BR

18.     LGH staff to remain alert on Muharram 9, 10-TNS

19.     President Kisan Ittehad slams Punjab’s agri policies-BR

20.     Revenue collection: Punjab CM orders surveillance of business transactions-BR

21.     Century-old Jamatyoon procession held in Hyderabad-TNS

22.     Iran’s missile capability not part of accord with US, confirms PM-TNS

23.     PHC upholds life term in honour killing case-TNS

24.     Minister praises ‘Maryum’s Sohna Punjab’ initiative-BR

25.     NAB to launch AI-based investigation system to probe financial crimes, white-collar offences-DD

26.     Pakistan highlights measures for child rights at Colombo moot-TNS

27.     SC upholds life term for man convicted of killing parents-DD

28.     ECP deliberates on LG polls in Islamabad, Punjab, KP-TNS

29.     Iran says technical talks with US in Switzerland have concluded-BR

30.     'Hands of friendship': Iran president calls for new regional security structure among Muslim nations-DD

31.     Final notice issued to Islamabad DIG in PTI protest case-DD

32.     Civil courts cannot decide citizenship disputes, rules LHC-DD

33.     PTI leaders’ case: ATC issues final notice to Islamabad DIG- BR

34.     FY25 audit finds Rs25bn irregularities, data deficiencies in BISP-TNS

35.     ECP summons KP, capital officials over LG polls delay-DD

36.     Only 350 sensors monitoring Pakistan’s 13,500 glaciers, Senate committee told-DD

37.     PPP won’t support controversial telecom bill in Senate-DD

38.     Allegations of corruption, ethnic politics dominate post-budget debate in Sindh Assembly-DD

39.     ECP summons KP, Islamabad officials on July 1 over delay in local govt polls data-DD

40.     Construction delays causing difficulties for Multan’s Nishtar Hospital visitors-DD

41.     HEC panel okays programme for non-professional degrees-DD

42.     Accused bailed out in doctor attack case-TNS

43.     Karachi police issue traffic plan for Muharram 8-10 processions-DD

44.     Furor in Kalash valley over ‘ill-planned’ water supply scheme-TNS

45.     AJK govt says no to blanket amnesty for JAAC leaders-DD

46.     Sakrand Sugar Mills board approves revival plan with 25% stake sale to investor consortium-PPT

47.     Mobile phone services suspended as Muharram security measure-TN

48.     Diamond Paints supports Allama Muhammad Iqbal Manzil beautification project-TN

49.     HEC panel okays programme for non-professional degrees-DD

50.     Punjab starts issuing driving permits to teenage riders aged 16-18 years-DD

51.     Pezeshkian’s visit-DD

52.     153 states back move to tackle crimes against UN peacekeepers-DD

Other international

1.       Russian-held Sevastopol without power after Ukraine strikes, Moscow-installed governor says-BR

2.       US Senate votes to halt Iran war in latest rebuke of Trump- BR

3.       Forty drown in France as people seek relief from Europe’s heatwave-BR

4.       Trump’s shifting rhetoric on the Iran war-TNS

5.       US Congress passes symbolic Iran war rebuke to Trump-DD

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