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DNVC of 12.12.25=20.6.47

12 December 2025

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

Dear Learned Recipient

 

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 

1.                 The Weather-BR

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)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).

 

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

 

Best regards

Kasbati & Co Team

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