☰
Latest News PGEC283= Diesel at 395.72 & MS at 398.96 and KC Views & Recommendations | Case Law title | Islamabad Capital Territory (Tax on Services) Ordinance, 2001 | Consultant Support Materials
Logo

We would like to send you push notifications

You can unsubscribe at any time.

logo

DNVC 9.10.26=26.4.48

09 October 2026

Author: Mr Asif S Kasbati (FCA, FCMA & LLB).

Page 1 is pasted below. For the Full Brochure, Click Here.  

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Fri, Oct 9, 2026 at 10:10 AM
Subject: DNVC 9.10.26=26.4.48
 
Dear Learned Recipient

 

If your Goodself gets this email without Links, please contact us immediately.

 

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 stops processing advance ruling applications-BR

2.      FBR imposes new conditions on units seeking tax credit-BR

3.      FBR allows late returns without surcharge-DD

4.      Share transfers: Foreign investors seeking clarity on FBR exemption certificates-BR

5.      Import, export of live animals: FBR issues procedure for deferment of duties, taxes-BR

6.      Foreign income: IRIS drops reduced tax rate option-BR

7.      Retailers must not be allowed to evade taxes-BR

8.      USD1.21bn potentially unlocked: IMF reaches SLA with Pakistan-BR

9.      We have secured the coveted agreement-BR

10.   Pakistan, IMF reach staff-level agreement for $1.2bn tranche-DD

11.   Pakistan, IMF reach staff-level agreement on $1.2b loan-ET

12.   Palestine favored cum against PDL program - If PDL is abolished thanksgiving program in Islamabad, else be ready for Long March restart towards Islamabad

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

1.      ECC clears Rs11.329bn for USC closure-BR

2.      Learning from China’s economic philosophy and policy — XI-BR

3.      President advocates for economic, security cooperation with Bahrain-BR

4.      LCCI chief appreciates Rs2trn SME financing target-BR

5.      WTO hikes global trade growth forecast, names Pakistan among nations gaining from disruptions amid ME conflict-DD

6.      Bahrain working to ‘speed up’ approval of Pak-GCC free trade pact, foreign minister says-DD

7.      PM Shehbaz seeks stronger Bahrain ties in trade, energy during meeting with FM Al Zayani-ET

8.      Meeting to tackle Iran trade hurdles next week-DD

9.      Discos’ sell-off faces investor trust deficit-DD

10.   Direct shipping service to Europe restored-ET

11.   Meeting airs concern over rising prices-ET

12.   Industry seeks long-term SME loans at 2%-ET

13.   Sindh govt wheat to hit market next week at Rs125 per kg-DD

14.   Pakistan turns to UK for PIA fleet renewal as Airbus, Rolls-Royce options emerge-BR

15.   ‘Pakistan and Uzbekistan have considerable potential to expand B2B linkages’-BR

16.   Ombudsman cannot act as substitute for every statutory forum: FCC-BR

17.   Financing the state, starving growth-BR

18.   Trade, investment & energy: Pakistan, Bahrain agree to deepen cooperation-BR

19.   NPMC informed: WPI-based inflation jumps 13.3pc YoY-BR

20.   WTO hikes 2026 trade growth forecast on AI boom-BR

 

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

1.      Small and medium enterprises: SBP urged to introduce long-term fixed rate capitalisation facility-BR

2.      Finance ministry says Rs10.1trn SOE debt is not fresh bank borrowing-BR

3.      Finance clarifies nature of Rs10.1trn SOE debt-BR

4.      Sindh seeks World Bank financing for flood resilience project-BR

5.      Sindh govt to host investment conference in Shanghai: minister-BR

 

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

1.      PSX down despite IMF agreement-ET

 

2.      Tech stocks struggle on AI spending worries, elevated yields-BR

 

3.      Gold price per tola increases by Rs600 in Pakistan-BR

4.      Gold rises on softer dollar, easing yields; Fed outlook in focus-BR

 

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

1.      Petrol price hiked by Rs2.31, HSD’s by 78 paise-BR

2.      Govt further increases petrol price by Rs2.31, diesel by Re0.78 per litre-BR

3.      Govt further increases petrol price by Rs2.31, diesel by Re0.78 per litre-BR

4.      Oil falls as Trump comments on Iran talks ease supply concerns-BR

5.      Oil jumps as Middle East supply concerns persist amid shipping attacks-BR

6.      Whatever happened to boring bonds?-BR

7.      Coalition weighing NA vote on PL-BR

8.      When Will Hafiz Naeem Meet PM Shehbaz? What’s Next in Petrol Levy Protest?

9.      Govt raises petrol price by Rs2.31 per litre, high-speed diesel rate by Re0.78 per litre-DD

10.   Govt hikes petrol by Rs2.31, high-speed diesel by 78 paisas for Oct 9-ET


 

11.   August adjustment: Nepra raises power tariff by Rs1.11- BR

12.   August FCA, lower than feared-BR

13.   Nepra notifies consumers of Rs1.11 per unit higher fuel costs in Oct billing-DD

14.   NEPRA allows Rs1.11 per unit fuel adjustment in October billing-ET

 

Weather Updates

The Weather-BR

 

320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)

1.         Cyber firm warns companies to beware of scam email campaigns-BR

2.         JPMC doctors protest over three months of unpaid salaries-ET

3.         Capital police bar officers, personnel from using social media-DD

4.         Reforms committee deliberates Pims restructuring-DD

5.         US suspends Microsoft, major IT firms from key green card programme-ET

6.         US freezes Microsoft, Adobe, Infosys green-card applications over alleged fraud-DD

7.         For Deep & Stress Free Pre-Sleeping 3 small exercise (in addition to Dua & Other Shariah based reading matters)

 

Politics 

1.         PTI authorises Fazl to mediate between govt, opposition, says Junaid Akbar-ET

2.         ‘No way back’: Afridi vows to continue PTI long march as convoy reaches Peshawar-ET

3.         Afridi-led convoy enters Peshawar as PTI long march continues for 5th day-DD

4.         No more talks before meeting Imran: Achakzai-DD

5.         Sharjeel Memon accuses K-P CM of ‘sabotaging’ talks with govt-ET

6.         No stipulation in Makkah pact bars ‘direct involvement’ in case of threat to a member: Asif-DD

7.         Pakistan Bar Council declares Ahsan Bhoon’s law degrees genuine-DD

8.         Peshawar High Court rejects Afridi’s plea challenging ECP proceedings-DD

9.         Peshawar High Court acquits police official in evidence fabrication case-DD

10.     ‘Illegal’ seizure of cash, vehicles: Order for probe against FIA officials upheld by LHC-DD

11.     LHC rules on plea against kids’ maintenance: Army pension not immune from attachment in family court decree-DD

12.     Prosecutor issued notice over Pinky’s acquittal plea-DD

13.     Arif Alvi VS Asif Zardari - See intellectual level

 

 Karachi

1.           Judicial commission wraps up probe into Mir Raza murder-DD

2.           Judicial commission concludes proceedings in Mir Raza Ali case-ET

3.           Sharjeel orders round-the-clock work on Yellow Line project-DD

4.           Woman, along with her brothers, ‘tortures mother-in-law to death’ in Lodhran-DD

5.           Couple who married of their own free will shot dead near Larkana-DD

6.           Teenage girl found tortured to death at relative’s house in Rawalpindi-DD

 

7.          The non-governmental organization Gallup has released a survey report stating that residents of Karachi are compelled to purchase a basic amenity like water for their use.

 

Other Pakistan

1.           PM orders ministries to complete data digitisation-BR

2.           EFP Platinum Jubilee marked: Governor calls for stronger govt-business-labour partnership-BR

3.           Alleged use of govt resources: PHC seeks response from KP CM-BR

4.           Protecting minorities also moral responsibility of citizen: Minister-BR

5.           Rana Asadullah made FST chairman- BR

6.           Efforts will be fast-tracked to finalise Pakistan-GCC FTA- BR

7.           Minister accuses KP of neglecting counter-terrorism efforts-BR

8.           Bilawal, Rana emerge as leading candidates for JCP posts-BR

9.           Bilawal reviews Sukkur projects, civic services-BR

10.       CM commends forces-BR

11.       900-metre road in Scheme 33 inaugurated-BR

12.       ‘Iran is always prepared to respond to security challenges when necessary’-BR

13.       Lanjar visits site of new Sindh forensic lab in Malir- BR

14.       Both govt and PTI approach Fazl to play mediating role- BR

15.       CM Maryam pays homage to victims of Oct 8, 2005 earthquake-BR

16.       Punjab EOC reviews polio campaign performance in 11 districts-BR

17.       Four commanders among 9 terrorists killed in North Waziristan-BR

18.       Bahrain FM, CDF discuss regional situation-BR

19.       International Poultry Expo (IPEX) 2026: Adviser highlights benefits, potential of poultry industry-BR

20.       Ahsan Bhoon’s law degree is genuine: PBC-BR

21.       Govt says World Bank reclassification purely administrative-BR

22.       Wattoo highlights close link between water security and climate resilience-BR

23.       ‘NTU is making efforts to commercialise research, enhance exports’-BR

24.       Afridi-led convoy enters Peshawar-BR

25.       Camera, mic equipped smart glasses: LHC summons authorities for not responding to petition on unregulated sale- BR

26.       KP cabinet okays additional funding for CTD KP-BR'

27.       ILO DG praises Punjab’s worker welfare measures-BR

28.       Ex-prince Andrew search warrants quashed after police accept legal error-BR

29.       Renewed surge in violence- BR

30.       Lahore admin intensifies operations to boost urban governance-BR

31.       Plane billows smoke at Riyadh airport as Houthis escalate attacks-BR

32.       Protecting minors under Punjab’s vagrancy law-BR

33.       9 terrorists killed in North Waziristan IBO: state media-DD

34.       Security forces kill nine terrorists in North Waziristan operation: state media-ET

35.       SHO, gunman martyred in armed attack on police in K-P’s Karak-ET

36.       Bridegroom arrested in Karak over festive firing-DD

37.       Closure of banks troubles Mastung residents-DD

38.       Two held for ‘running hundi/hawala networks’ in Dera Ghazi Khan-DD

39.       Over 500 cases of missing girls pending, IGP tells court-DD

40.       Arabia Felix lost: Yemen's journey from opulence to chaos-BR

41.       Afridi-led convoy enters Peshawar-BR

42.       Iran will not abandon uranium enrichment or hand over its uranium, nuclear chief says-BR

43.       Euro skids toward fifth weekly fall but selling pressure slows-BR

44.       Seminar | Beyond the Battlefield: What Has Gaza Changed?

45.       The chief of hypocrites, Abdullah Abi, if he were alive today, would have died seeing the hypocrisy and stubbornness of these people.

 

Afghanistan

1.          Fake and fabricated’: Info ministry rejects NYT report claiming PAF jets being used against Yemen’s Houthis-DD

2.           Information ministry rubbishes ‘fake and fabricated’ NYT report claiming use of PAF aircraft against Houthis-ET

 

United States

 

1.         UN chief concludes visit after extensive engagements- BR

2.         Trump says US will not attack Iran prior to Nov 3 midterm elections-DD

3.         Trump says US will not attack Iran before midterm elections-ET

4.         ‘Real toll is far higher’: Araghchi says Iran has taken out more US aircraft than disclosed in Congress report-ET

5.         Senior US Embassy official in Jerusalem suppressed diplomatic cables to shield Netanyahu govt: report-ET

6.         Dozens protest in Tokyo after Marine accused of murder in Okinawa-ET

7.         Trump discloses Nvidia stock trades as he prepares to honor CEO Huang-ET

8.         Amazon launches first Android tablets, raising prices and incorporating Alexa-ET

9.         India denies Elon Musk’s claim Starlink ‘blocked by oligarchs’-ET

10.     India denies bias in satellite internet approvals after Musk’s ‘oligarchs’ jab-DD

11.     Ex-prince Andrew search warrants quashed after UK police accept legal error-DD

China

1.           Interview with Liu Xueliang, Vice President of BYD Co., Ltd. and General Manager of BYD Asia Pacific Auto Sales Division-BR

2.           Malaysia closes schools in several states, territories due to haze-BR

 

Other International

1.           Trump says US will not attack Iran before midterm elections in November-BR

2.           UK PM Burnham's Labour fends off left-wing Greens in local election-BR

3.           UEFA chief Ceferin reverses decision to step down, seeks final term-BR

4.           US suspends Microsoft, major IT firms from key green card program-BR

5.           Turkiye’s FM Fidan says Istanbul assessing aid to Saudi Arabia as part of Makkah agreement-DD

6.           Turkiye’s FM Fidan maintains Makkah pact is ‘defensive’ in nature, will not send troops-ET

7.           3 killed in attacks on Saudi Arabia’s King Khalid, Abha airports: civil aviation body-DD

8.           Saudi-led coalition says it intercepted 3 Houthi ballistic missiles targeting Riyadh, Khamis Mushait-ET

9.           Pakistan waging ‘global war’ against terrorism, Naqvi tells UN chief on last day of his visit-DD

10.       UN chief departs after concluding three-day official visit to Pakistan-ET

11.       At UN, Pakistan says India provides ‘active support’ to Taliban, backs terrorist groups-ET

12.       India’s ‘Cockroach’ movement says many members detained ahead of Delhi rally-DD

13.       Indian opposition protest police action against lawmakers, push for poll chief’s resignation-ET

14.       Living voters branded dead in India’s Karnataka electoral purge-ET

15.       Israel drastically reduces British diplomatic presence in Jerusalem-ET

 

The below news items are extracted after sending yesterday email:

(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), Express Tribune (ET), The News (TNS), The Nation (TN) & Associated Press of Pakistan (APP)] and

(B) Three other Business Websites [Pakistan Revenue (PK), Profit Pakistan Today (PPT) & Daily Times (DTS)]

(C) 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).

 

Best regards

Kasbati & Co Team


×