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 applies buoyancy-based tax collection forecasting for 2026-27-BR

2.      FBR: Barely exceeding twice-reduced target- BR

3.      FBR tightens oversight of bonded POL warehouses-TNS

4.      FBR’s audit irregularities drop 63pc in one year-TNS

5.      PM hails FBR for unprecedented collection-BR

6.      FBR projects Rs14.5tr tax collection for FY2026-27 without new measures-PPT

7.      No room for corrupt elements in FBR, warns PM-TNS

8.      PM Shehbaz Sets FBR Revenue Target Above Rs15 Trillion for FY2026-27-PK

9.      Reforms yield record tax, says PM Shehbaz-DD

10.   Sindh collects record Rs370bn in FY26-DD

11.   Sindh Revenue Board collects Rs370 billion in taxes in FY26-PPT

12.   PRA records highest tax collection-BR

13.   Govt extends Drawback of Local Taxes and Levies scheme for rice exporters-PPT

14.   Finance Division sets quarterly release limits for FY27 development budget-PPT

15.   Pakistan Customs posts record Rs158 billion monthly collection in June-PPT

16.   Revised carbon tax on petrol, diesel takes effect today-TN

17.   FY2025-26: KPRA records 20pc growth in STS collection-BR

18.   Tax exemptions cost Pakistan Rs2.35trn, equal to 2.07% of GDP-PK

19.   KP raises concerns over tax imposition in erstwhile FATA/PATA-BR

20.   Aurangzeb pushes taxpayer facilitation-DD

21.   Unfinished business-DD

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

1.      ECC approves PASSCO severance package, wheat disposal, trade policy amendment-BR

2.      Food security, other matters: Summaries approved by ECC-BR

3.      Macroeconomic outlook and reform progress: Aurangzeb briefs S&P Global Ratings team-BR

4.      ECC greenlights auction of around 8,200 tonnes of flood-hit Passco wheat-TNS

5.      Army to get local wheat-DD

6.      Foreign investors spend Rs15 billion on corporate social responsibility projects in Pakistan-PPT

7.      Pakistan’s Trade Deficit Hits Four-Year High of $4.5 Billion in June 2026-PK

8.      ‘China’s development experience offers important lessons for Pakistan’-BR

9.      Agriculture policy: PM urged to adopt farmer-led reforms- BR

10.   Govt raises non-basmati rice DLTL incentive to 5pc-DD

11.   Flour millers allege illegal wheat seizures, warn of supply crisis-TNS

12.   PIA launches Lahore-to-Manchester direct flight-BR

13.   Sugar mills seek export approval as surplus stocks reach 1.3 million tonnes-PPT

14.   Pakistan seeks S&P ratings upgrade for $2bn bond sale-TNS

15.   Pakistan turns FIFA World Cup into export promotion platform-BR

16. Four-year high': Pakistan trade deficit hits $39.5bn in FY26-BR

18. FY26 trade deficit widens by 21.57pc to USD39.471bn YoY-BR

19.   AMEPA opposes live animal export policy-BR

20.   Exports miss FY26 target by $4.87bn-DD

36+ Customs Duty (including PSW) 

Duty on commercial import of used vehicles slashed by 10pc-TNS

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

1.      SBP-held forex reserves rise by $611mn to $16.5bn on multilateral inflows-BR

2.      SBP ends TT charges reimbursement for Banks, keeps free remittance facility intact-PPT

3.      SBP phases out Sohni Dharti remittance programme, ends new rewards from July 1-PPT

4.      Remittance incentives to banks abolished as IMF steps in-DD

5.      World Bank urges NFC overhaul to fix Pakistan’s fiscal imbalance-PPT

6.      PIB yields drop on rate cut optimism-TNS

7.      AGP says Zarai Taraqiati Bank fails to recover Rs80.6bn in bad loans-TNS

8.      FX reserves rise to $22bn on multilateral inflows-TNS

9.      Foreign exchange rates-APP

10.   Currency rates of NBP-APP

11.   NBP Exchange Rates-APP

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

1.      Buying continues at bourse, KSE-100 up nearly 500 points-BR

2.      KSE-100 edges up 471 points in cautious trade-TNS

3.      Stocks extend overnight gains on select buying-DD

4.      PSX extends gains, closes above 184,500 points-ET

5.      Dollar heads for weekly drop as jobs data dims Fed hike bets-BR

6.      Exchange rates for currency notes-APP

7.      Gold heads for first weekly rise in five on easing Fed rate hike bets-BR

8.      Gold rates up Rs9,100 per tola-TNS

9.      Gold price in Pakistan for today, July 02, 2026-PPT

10.   Silver price in Pakistan for today, July 02, 2026-PPT

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

1.         Oil up slightly ahead of long US weekend as peace efforts hold-BR

2.         Petroleum sales drop 20pc YoY in June-TNS

3.         OMC sales: flat year, weak finish-BR

4.         Oil falls for a third straight day after US, Iran talks conclude in Doha-DD

5.         Oil sales fall 20pc in June-DD

6.         Oil falls for a third straight day after US, Iran conclude talks in Doha-ET

7.         Pakistan’s refinery upliftment falls 8.1% in June, but FY26 volumes rise 8.6%-PPT

8.         Govt recasts fuel levies, keeps overall tax unchanged-PPT

9.         Refineries oppose cut in HSD tariff protection, retrospective recovery of 2.5% deemed duty-PPT

10.     High fuel prices keep Pakistan’s oil demand flat in FY26 as June sales fall 20%-PPT

11.     K-Solar, China’s Mingyang sign MoU-BR

12.     Power circular debt drops to Rs1.614tr from Rs2.393tr: AGP-TNS

13.     Senate panel calls for probe into foreign-funded power projects-DD

14.     K-Electric allowed to hold pending AGMs by December 31, 2026-PPT

15.     Nepra allows salary, bonus increases for CPPA-G employees for FY26-PPT

16.     PPIB likely to delay 1832MW hydel projects-BR

Weather Updates 

 The Weather-BR

Other Pakistan

1.         PM to undertake visits to Iran, Türkiye from today-BR

2.         Islamabad High Court declares ban on property sale, purchase and transfer in Zone-III illegal-DD

3.         NA panel seeks report on railway encroachments, update on ML-1-DD

4.         Pakistan Railways: NA body seeks report on financial losses caused by accidents-BR

5.         Money laundering threatens economic stability: NAB chief-BR

6.         Foreign investors: Punjab govt extending excellent opportunities: CM-BR

7.         Leaders insist Imran’s release remains PTI’s ‘ultimate objective’-DD

8.         Rights-based prison reforms pledged-DD

9.         Pakistan, Bangladesh reaffirm commitment to knowledge corridor-TNS

10.     PTI says won’t contest AJK polls amid protests-TNS

11.     Punjab rolls out advanced e-procurement system-TNS

12.     SHC asks Lanjar to form JIT to probe allegations against lawyers-TNS

13.     SHC seeks reports on HIV infection in children at Sessi hospital-TNS

14.     LHC upholds Pakistan Airports Authority decision to deny airport access to cabbies-DD

15.     PPP concerned over hike in Climate Support Levy-BR

16.     ‘I Work for Sindh’ to be institutionalised as permanent employment programme: Sharjeel-TNS

17.     FO says putting IWT in abeyance violation of world laws-BR

18.     Pakistan, Saudi Arabia sign agreement for construction of cricket stadium in Jeddah-DD

19.     Improvement will come through implementation, not just verdicts: CJP-TNS

20.     N-75 to be extended by 70km to reach Muzaffarabad: Aleem-BR

21.     Federal capital: PAC dissatisfied over state of public education- BR

22.     PTI boycotts AJK elections, citing regional crisis-DD

23.     CM Punjab launches electric bus service in six more districts-BR

24.     Dar talks to KSA FM on phone-BR

25.     Not materialised under CPEC: Govt negotiates with ADB for ML-1 project financing-BR

26.     Former top bureaucrat Saeed Mehdi recounts historic moments-TNS

27.     CM orders safety audit of schools-BR

28.     Women entrepreneurs: Aurangzeb vows to create conducive environment-BR

29.     CM for transforming prisons into centres of reform and human dignity-TNS

30.     Govt approves Rs1bn to support Global Accelerator on Jobs, Social Protection-BR

31.     Court orders action against SSP, SHO for repeatedly disregarding directives in Karachi-DD

32.     PAC questions rise in out-of-school children in Islamabad-TNS

33.     IHC reserves verdict on pleas against Imran, Bushra’s solitary confinement-DD

34.     Wasa Multan records highest-ever monthly recovery of Rs280 million-TNS

35.     CDA takes possession of 26 flats out of 200 in ‘illegal occupation’-DD

36.     Afghan families’ repatriation via Torkham gains momentum-DD

37.     Senate panel seeks action on high Quetta air fares-DD

38.     Leaders insist Imran’s release remains PTI’s ‘ultimate objective’-DD

39.     KP allocates Rs2bn to clear District Development Plan dues-PPT

40.     Azgard Nine says Muzaffargarh unit sale deadline extended to Dec 31-PPT

41.     PSIC to establish new Kot Pindi Das SME industrial estate: Mubeen-APP

42.     2 cops martyred as police patrol comes under attack in KP's Mohmand-DD

43.     Balochistan to launch convoy system on highways-DD

Other international

1.         Mediators meet US, Iranian negotiators in Doha-BR

2.         Iran warns US, Israel against attacks ahead of funeral processions for Khamenei-TNS

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