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08 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. Court-protected period: ATIR DB Islamabad annuls Super Tax default surcharge-BR
2. FBR orders clear printing of retail price, sales tax on 56 goods-PPT
3. FBR refuses to share top taxpayer data with Senate panel without cabinet approval-PPT
4. FBR fixes customs value of rubber stoppers at $14.63 per kg-PPT
5. Steel producers commend FBR for corporatisation of AOPs-BR
6. Steel producers laud FBR support for corporatisation of AOPs-TNS
7. Coal import: FBR to strictly allow application of ST-BR
8. Artificial intelligence to drive new tax model, says Aurangzeb-DD
9. Finance Minister says new AI-led tax model to issue notices-BR
10. Punjab targets revenue growth without new taxes: minister-BR
11. FMCG importers ask FBR to review new packaging rules-PPT
12. Hybrid vehicles are now subject to 25% sales tax-PPT
13. Punjab offers 10% discount on motor vehicle token tax until August 31-PPT
14. Govt sets quarterly release plan for FY27 recurrent budget-PPT
Economy & Inflation matters (including Import, Export & CPEC)
1. Economic development: Banking sector playing pivotal role: Kayani-BR
2. Cabinet takes stock of security, economic situation-BR
3. FPCCI calls for private investment in inland waterways to cut logistics costs-TNS
4. Aurangzeb announces establishment of SME Finance Task Force-BR
5. PM Shehbaz calls for comprehensive strategy to boost SMEs’ access to financing-DD
6. FY25-26: 21 listed cos raise Rs20bn thru further issuance of capital-BR
7. GDP growth rate in 2025-26-BR
8. FEDMC to build 113-acre bonded warehouse, Chinese community center as industrial reforms gather pace: CEO-APP
9. Pakistan’s digital jump, and the gap beneath it- BR
10. Aurangzeb announces establishment of SME Finance Task Force-BR
11. Pakistan, Kyrgyzstan agree to establish strategic partnership-BR
12. Business leaders for shift from road to water transport-BR
13. Despite constitutional amendment hitting riba: Interest payments in trillions to continue after 2027-TNS
14. Pakistan urged to tap African markets to boost exports-TNS
15. Railways to procure 16 new power plants with over Rs3bn-DD
16. Customs values on import of branded potato chips revised-BR
36+ Customs Duty (including PSW)
1. CCLC greenlights amendments to anti-dumping laws-BR
2. Immense commercial opportunities available in Malawi’-BR
460 + Company Laws
1. SECP helps listed firms raise over Rs20bn in FY26-TNS
2. Loads Ltd via rights issue: CCP approves Treet’s additional stake acquisition-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP launches portal to attract investment-DD
2. SBP limits minimum deposit profit rate to individual accounts up to Rs10 million-PPT
3. Banking Mohtasib disposes of 36,280 complaints in 2025-BR
4. Banks seen benefiting from MDR reform, InvestPak launch-TNS
5. World Bank backs stronger local governments in Pakistan as spending share falls to 4.7%-PPT
6. Pakistan initiates issuance of Eurobond, Sukuk, dollar-settled rupee-linked bonds at global capital markets-BR
7. NFC reform and limits of fiscal devolution-BR
8. NFC reform and limits of fiscal devolution-BR
9. Pakistan’s federal debt reaches Rs82 trillion by end-May-PPT
10. Foreign investments rebound but recovery uneven: UN-BR
11. Foreign investments rebound but recovery uneven: UN-TNS
12. Bank Alfalah, BII sign $50 million loan facility to expand climate finance in Pakistan-PPT
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Stocks tumble at PSX, KSE-100 down 2,500 points amid US-Iran tensions-BR
2. Banking sector dominance on PSX-BR
3. KSE-100 loses 1,199 points on profit-taking-TNS
4. PSX snaps 5-day bullish streak, falls by over 1,100 points-DD
5. PSX tumbles nearly 1,200 points on broad-based profit-taking-ET
6. SG Power raises authorised capital fourfold, seeks sector reclassification at PSX-PPT
7. Dollar at week-high after US resumes Iran strikes; RBNZ hike hoists kiwi- BR
8. Rupee ends almost flat-TNS
9. Govt plans first dollar-settled rupee bonds-TNS
10. Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets-BR
11. Gold prices down Rs2,500 per tola-TNS
12. Gold prices fall by Rs2,500 per tola-TN
13. Silver price in Pakistan for today, July 07, 2026-PPT
14. Federal Committee on Agriculture’s cotton output estimates questioned-DD
15. PMEX traded value hits record Rs11.3tr in FY26-TNS
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil gains after vessels attacked near Strait of Hormuz-BR
2. JI demands petrol price cut, calls for protests over levy-BR
3. Oil prices climb as US strikes on Iran fuel fears truce is unravelling-BR
4. US revoking license that authorized Iranian oil sales, official says-BR
5. Oil industry raises concerns over Ogra’s proposed PDC payment mechanism-TNS
6. Customs moves to revoke refinery’s bonded licence over fuel clearance violation-TNS
7. Oil prices gain as focus shifts to supply recovery and demand-ET
8. Food bills rise despite falling fuel costs-DD
9. Govt misses deadline for notifying gas tariff-DD
10. Qatari LNG tanker at risk of exploding after two vessels struck-BR
11. Engro Vopak begins feasibility study for Pakistan’s first refrigerated LPG import terminal-PPT
12. Govt keeps gas tariffs unchanged despite Ogra cut in prescribed prices-PPT
13. Pakistan buys second spot LNG cargo in two weeks as Qatari supplies remain disrupted-PPT
14. Power outage at Dhabeji cuts water supply by 100MGD-BR
15. KE’s Bin Qasim Power Station-III: Nepra okays revised performance benchmarks-BR
16. Power outage at Dhabeji causes 100mgd water shortage in city-TNS
17. Iesco ends load management, promises uninterrupted power supply-DD
Weather Updates
The Weather-BR
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. At Jamia Masjid Madina in PECHS Block 6, Karachi, used wudu water is being collected and reused to irrigate the gardens of Al-Murtaza Family Park. It is a simple idea with a meaningful impact, especially as Pakistan faces growing water scarcity.
2. Karachi Abbasi Shaheed Hospital worst condition - Neither Salaries paid nor Medicines available nor Security via PPP City Govt
3. Ladies have to be careful everywhere
Other Pakistan
1. Islamabad LG polls: PM seeks summary to meet legal requirements-BR
2. Small and Medium-sized Enterprises: PM for developing specialised lending products-BR
3. President Zardari in Kyrgyzstan to boost ties-DD
4. Karachi ranked among ‘least liveable cities’ in the world-DD
5. Federal ombudsperson withdraws appeal-TNS
6. NA committee raises concerns over inadequate federal funding for Sindh projects-TNS
7. Sindh cabinet approves landmark Farmers’ Agricultural Collectives Act-TNS
8. Senate panel seeks scientific analysis of energy drinks’ ingredients-TNS
9. Malik informs NA body: Refinery upgradation policy submitted to Cabinet-BR
10. Warrants Review Committee: Senate panel decides to request PM for reconstitution-BR
11. 18th Amendment: Kamal concerned at incomplete implementation-BR
12. USD4.6bn foreign-funded projects: Senate panel orders report on delays, cost overruns-BR
13. Pakistan Railways revenue rises 20% to Rs115 billion in FY26-PPT
14. CM lauds C&W dept for completing construction, rehab works on 1,129 roads, helping govt save Rs11bn-BR
15. Senate body seeks details on ingredients used in energy drinks-BR
16. LCCI, PISMIDA sign MoU to promote industrial growth-BR
17. FCC seeks recruitment record in sanitation workers’ vacancies case-TNS
18. ECP gives KP, Centre until 28th to submit LG paperwork-DD
19. Dar reviews country’s engagements with multilateral initiatives-BR
20. Audit report finds NDMA underutilised funds-BR
21. ECP seeks LG notifications from KP govt-TNS
22. Federal Committee on Agriculture’s cotton output estimates questioned-DD
23. ‘Apni Chhat, Apna Ghar’ programme: Nearly 125,000 houses progressing rapidly towards completion: CM-BR
24. Governor urges youth to participate in politics-TNS
25. Draft law to expand KP MPAs’ immunities sparks debate-TNS
26. Sindh govt to take strict action against wheat hoarders: Sharjeel-TNS
27. Bilawal asks GB govt to give 100-day governance plan-TNS
28. Sindh's uplift projects: NA panel concerned at ‘inadequate’ federal funding-BR
29. ]Registrar can’t determine pleas’ legal merits: FCC-TNS
30. IHC seeks prison report on ‘solitary confinement’ of Imran, Bushra-TNS
31. LDA, PHA: PAC-1 orders probe into financial ‘irregularities’- BR
32. Sharjeel says action will be taken against wheat hoarders-BR
33. Unchecked settlements near Gilgit raise Glof risks-DD
34. Sindh IGP told to submit report on cases pending against rights activist-TNS
35. Pakistan-Bulgaria political consultations held-BR
36. Basic health issues can only be tackled by local government: health minister-DD
37. Cargo plane with 5 onboard goes missing off Karachi coast-TNS
38. Row over removal of Diljit film exposing Indian Punjab insurgency abuses-TNS
39. KP govt enacts law granting lawmakers lifetime official passports, expanding privileges-DD
40. Geely to debut two EV models in Pakistan through Bestway Group-PPT
41. Supreme Court issues notices on Imaan, Hadi’s pleas-DD
42. Interior Minister Mohsin Naqvi in US for key talks-DD
43. Security of Afghans’ holding centre tightened in Rawalpindi-DD
44. Peshawar High Court directs Centre to decide Afghan asylum seekers’ cases on non-refoulement principle-DD
45. Russia lifts ban on Punjab potatoes-DD
46. CDA completes bidding process for garbage collection project in Islamabad-DD
47. Man gets jail term, fine for torture of wife, adopted daughter in Lahore-DD
48. Cabinet extends Rangers’ deployment in Sindh for one more year-DD
49. ]Services of 89 Gilgit-Baltistan doctors regularised-DD
50. NAB hands over four confiscated properties worth Rs348 million to Ministry of Housing -PPT
51. Cargo plane disappears from radar over Arabian Sea off Karachi-DD
52. Crowds bid farewell to Khamenei in Qom-BR
53. Coffin of Khamenei arrives in Iraq's Najaf- BR
Other international
1. US charges imprisoned Indian gang leader with ordering 2023 murder of Canadian Sikh separatist-BR
3. US says it has completed a new round of strikes on Iran-BR
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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