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12 December 2025
Author: 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. FBR directed to bridge shortfalls-DD
2. FBR amends rules for active taxpayers of AJK and GB-PK
3. FBR to launch digital tax operations training for nearly 1,100 Officers-PK
4. FBR warns PM of Rs560b shortfall-ET
5. Tobacco sector: FBR focal persons in contact with E&T dept, PM told-BR
6. PM Shehbaz directs FBR to expedite sales tax refunds, strengthen tax compliance-PK
7. Taxation Principles for Permanent Establishments in Pakistan: Non-Residents Tax Year 2026-PK
8. Tax hike alert: Pakistan assures IMF of new measures to address revenue shortfall-PK
9. Govt agrees to new IMF targets after missing about a dozen-DD
10. Promotion in BS 22: LHC directs secretary to place name of DG FBR Lahore-BR
11. POS registration: FBR official’s action helps avert shutter-down in twin cities-BR
12. Pakistan receives $1.2bn from IMF-TN
13. IMF imposes 11 new structural benchmarks on Pakistan-BR
14. IMF warns geopolitics, costlier commodities threaten Pakistan’s outlook-BR
15. IMF imposes 11 new conditions to Pakistan's $7 billion bailout package-ET
Economy & Inflation matters (including Import, Export & CPEC)
1. ECC rejects concessional gas/RLNG tariff for Ghani Glass-BR
2. Pakistan, KSA vow to boost economic cooperation-BR
3. 26 agri clusters identified under Uraan Pakistan framework: Ahsan-BR
4. Development of paramedic education, training: SIUT, Edhi Foundation to collaborate-BR
5. Automobile sales surge 52pc in November-DD
6. Punjab progressing steadily on path of development: Azma-BR
7. Investors’ delegation from China visits TDAP-BR
8. Punjab agri market project: ADB wing says technical assistance less than effective-BR
9. Sindh govt decides to introduce e-challan in Sindh Food Authority-BR
10. Aurangzeb meets Saudi Vice Minister to advance economic collaboration-APP
11. Russia Plays the Pivotal role for global peace, security: Ambassador Khorev-APP
12. Sindh to introduce digital e-challan system under food authority reforms-TN
13. National Roadmap for SME and Worker Formalisation officially launched-TN
14. Fatima Fertilizer wins four prestigious awards at The Drum Awards 2025 in London-TN
15. Pakistan’s Missing Export: 120 Million Young Hands-TN
16. Inflation seen rising: Floods weigh on FY26: IMF-BR
36+ Customs Duty (including PSW)
1. Pakistan faces new structural benchmarks for IMF loan compliance-PK
2. Port Qasim Releases Daily Shipping Operations Report for December 11, 2025-PK
3. Strike threatens supply chain as goods transporters protest arrests, vehicle seizures-BR
4. Customs Quetta seizes smuggled diesel, prime movers worth Rs. 190 mln in major crackdown-APP
460+ Company Laws
1. SECP issues revised ESG Disclosure Guidelines for Listed Companies-TN
2. CCP conducts raids on out-of-home advertising sector-TN
3. Out-of-home advertising sector: CCP conducts raids on three entities in Lahore-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP Issues Updated Currency Exchange Rates for December 11, 2025-PK
2. Pakistan’s weekly foreign exchange reserves increase by $23 million: SBP-PK
3. SBP issues updated KIBOR rates for December 11, 2025-PK
4. Pakistan’s domestic savings rate remains low: SBP official-TN
5. SBP receives $1.2bn for EFF and RSF programmes-BR
6. SBP receives $1.2bn tranche from IMF-DD
7. Forex reserves near $21b after IMF disbursement-ET
8. Pakistan receives $1.2 billion from IMF: SBP-PK
9. Pakistan receives $1.2bn from IMF, confirms SBP-BR
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX marred by profit-taking, KSE-100 index sheds 877 points-PK
2. PSX turns bearish, sheds 877 points-TN
3. PSX takes pause as profit-taking dominates-ET
4. Stock market sheds 4.52 points-TN
5. Top 25 Cos Awards for CY24: PSX unveils names of recipients-BR
6. KSE-100 sheds nearly 900 points amid proft-taking-BR
7. Updated Currency Exchange Rates in Pakistan: December 11, 2025-PK
8. Senate panel orders recovery of Rs251m from Punjab govt-DD
9. 1Link-style system urged to plug dollar leakages-DD
10. Today’s Gold and Silver Prices in Pakistan – December 11, 2025-PK
11. Gold prices rise again as silver hits record high-ET
12. Pakistan Gold today price & History with search of any date
13. Pakistan Silver today price & History with search of any date
14. World Gold & SIlver Prices Live and Gold Price World Price History
15. World Silver & Gold Price Live and Silver History (USD)
16. Cotton spot rates-BR
17. Weak woven fabric demand prompts Pakistan’s textile firm to cut loom operations-BR
18. Transporters’ strike affecting industrial sectors: APTPMA-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. SNGPL holds CBS for shareholders, analysts-TN
2. Cabinet approves diversion of 45 LNG cargoes-ET
3. Businessmen demand govt cut interest rate, electricity tariffs-BR
4. PAC annoyed over Discos’ failure to get records verified-DD
5. Nepra calls time on costly power burdens-DD
6. Discos withholding data, blocking audit settlement: Power Division-BR
7. Govt advances circular debt management plan with Rs659.6b PHL settlements-TN
8. Govt clears Rs659.6b power debt-ET
Weather Updates
2. Islamabad Weather Forecast for Friday: Cold and Dry with Partly Cloudy Night-PK
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Sindh Announces Winter Vacations for Schools from December 22-PK
2. Polio Eradication Programme launched nationwide-BR
3. Christian employees to get advance salary, pension on 18th-BR
4. 5.1m women in Punjab BISP’s beneficiaries: KP CM’s Advisor-BR
Other Pakistan
1. ATC cancels bail of Aleema, confiscates surety bonds-BR
2. PM Shehbaz Sharif leaves for Turkmenistan to attend peace and neutrality forum-TN
3. SC orders suspension of trial against Imaan Mazari, husband in controversial tweets case-TN
4. PM Shehbaz arrives in Ashgabat on two-day official visit-APP
5. LAAM Fashion Week hosts leadership event in Lahore-TN
6. Pakistan issues strong demarche to Norway over envoy’s presence at Supreme Court hearing-TN
7. Sindh announces winter vacation schedule; schools to close from Dec 22 to 31-TN
8. SICPA Pakistan marks 30 years of excellence and partnership in Pakistan-TN
9. Passport office launches new online verification system to resolve fingerprint issues-TN
10. Norwegian ambassador summoned to MOFA over unwarranted court attendance: Spokesperson-TN
11. Pakistan’s Ibrahim Hafeez named to Forbes US games 30 under 30 for 2026-TN
12. Talal Chaudhry says accountability within powerful institutions now unmistakable-TN
13. Federal minister hails army’s accountability after Faiz Hamid verdict-TN
14. Pakistan embassy observes Mountains Day to highlight ecosystem protection, sustainable tourism-APP
15. President Zardari visits MNA Samina Ghurki in Lahore-APP
16. PM, Turkmen President discuss issues of mutual interest-APP
17. Pakistan calls for resolving outstanding disputes that fuel humanitarian crises-APP
18. AJK PM Faisal Rathore reaffirms govt’s commitment to improve life standard of citizens-APP
19. DPM reiterates Pakistan’s support for ECO vision 2025-APP
20. UoT’s VC meets with newly appointed HEC’s ED, discusses progress, challenges of UoT-APP
21. PM departs for 2-day official visit to Turkmenistan-APP
22. Jordan, Pakistan agree to deepen cooperation in counter-narcotics, Police training-APP
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),
(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).
If your Goodself gets this email without Links, please contact us immediately.
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Kasbati & Co Team
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