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 amends rules for active taxpayers of AJK and GB-PK

2.                 FBR warns PM of Rs560b shortfall-ET

3.                 FBR seizes illegal cigarette manufacturing setup linked to influential figure-TN

4.                 RTO Abbottabad dismantles major illegal cigarette factory, seizes MK-8 machines-PK

5.                 PM Shehbaz directs FBR to expedite sales tax refunds, strengthen tax compliance-PK

6.                 Taxation Principles for Permanent Establishments in Pakistan: Non-Residents Tax Year 2026-PK

7.                 2025-26: IMF projects Rs157bn shortfall in budgeted PDL-BR

8.                 Pakistan faces new structural benchmarks for IMF loan compliance-PK

9.                 IMF projects gross external financing needs at USD19.398bn-BR

10.            IMF assured of agreed contingency revenue steps implementation-BR

11.            IMF projects Rs4.5trn jump in domestic debt-BR

12.            IMF urges Pakistan to cut power sector circular debt-BR

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

1.                 Pakistan signs MoU with Binance to explore blockchain-based innovation for sovereign assets-APP

2.                 Aurangzeb meets Standard Chartered Bank delegation to deepen collaboration on investment, reforms-TN

3.                 Pak–Turkiye trade ties strengthen as PM’s aide eyes $5b trade target-TN

4.                 Pak-Uzbekistan agrees to fast-track PTA to reach $2b trade target-TN

5.                 PM adviser urges businessmen to donate 1pc profits for children’s education-TN

6.                 Karachi Yellow Line BRT cost soars 191p-TN

7.                 CPEC projects accelerated across Balochistan-DTS

8.                 CBD Punjab conducts ballot for luxury showrooms-BR

9.                 CDWP clears eight projects worth Rs266bn-DD

10.            CDWP clears 8 uplift projects costing Rs226.55bn-BR

11.            SAPM engages Turkish business delegation to boost bilateral ties-DTS

12.            Goods transport strike threatens Pakistan’s trade as KCCI, SAI sound alarm-PK

13.            KCCI raises alarm over transporters’ strike-BR

14.            Urgent govt action demanded: Transporters’ strike threatens industrial output: OICCI-BR

15.            Exporters turn panicky as transporters strike enters fifth day-DD

16.            Weekly inflation falls slightly-TN

17.            Weekly inflation falls slightly-DTS

18.            SPI declines marginally, but yearly inflation continues to pressure household budgets-ET

36+ Customs Duty (including PSW)

1.                 Pakistan customs seizes gold and silver worth Rs306 million at airports-PK

2.                 Port Qasim issues detailed daily shipping operations report for December 12-PK

3.                 Customs seizes gold, silver worth over Rs. 306 million at international airports-APP

4.                 Algerian ambassador inaugurated Pindi Food festival-APP

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

1.                 SBP releases updated daily currency exchange rates for December 12, 2025-PK

2.                 SBP injects over Rs 10.48 trillion in the market-DTS

3.                 SBP likely to maintain policy rate at 11% in December 15 meeting-PK

4.                 SBP sets new maximum remuneration limits for bank directors-PK

5.                 SBP exempts Gwadar Free Zones from FEPF, undoing dollar role-DTS

6.                 SBP pumps Rs10.48tr into banks-ET

7.                 SBP backs expansion of security-ink production-ET

8.                 SBP may hold rate at 11% as IMF flags inflation risks-BR

9.                 ADB approves $540 million for Pakistan’s SOE reforms, Sindh coastal resilience-TN

10.            Pakistan, ADB sign $257m agreements to strengthen Punjab’s education, health sectors-TN

11.            Directors’ meetings: SBP ups remuneration limits by 50%-BR

12.            State Bank may hold rate at 11% as IMF flags risks-ET

13.            Two programmes inked with ADB-BR

14.            Aurangzeb appreciates Standard Chartered Bank’s continued support to Pakistan-PK

15.            No rate cut seen as IMF wants tight liquidity-DD

16.            Lenders approve $940m for SOE reforms, water hygiene, sanitation-DD

17.            World Bank announces $400mn project to improve urban services and resilience in Pakistan-BR

18.            World Bank approves $400m to upgrade water and sanitation systems in Punjab-APP

19.            Investor protection framework planned-ET

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

1.                 PSX hits new record high, KSE-100 Index approaches 170,000 points-PK

2.                 KSE-100 jumps 1,290 points after IMF endorses reforms-DTS

3.                 KSE-100 jumps 1,290 points after IMF endorses reforms-ET

4.                 Stocks rebound strongly after 2-day breather-ET

5.                 Bulls in control as KSE-100 Index gains nearly 1,300 points-BR

6.                 Pak-Qatar Family Takaful raises Rs901mn through IPO at PSX-BR

7.                 PSX stays bullish, gains 1,289 points-TN

8.                 Rupee gains four paisa against dollar-DTS

9.                 Rupee gains 4 paisa against dollar-TN

10.            PKE vs USD: Rupee strengthens 4 paisa against dollar in interbank market-PK

11.            Pakistan Releases Updated Open Market Currency Exchange Rates Today-PK

12.            Gold and Silver Rates in Pakistan: December 12, 2025-PK

13.            Gold price increases by Rs 10,700 per tola-DTS

14.            Pakistan gold hits Rs10,700 single-day surge, silver reaches all-time high-PK

15.            Gold, silver at new highs-BR

16.            Gold price increases by Rs10,700 per tola-APP

17.            Pakistan Gold today price & History with search of any date

18.            Pakistan Silver today price & History with search of any date

19.            World Gold & SIlver Prices Live and Gold Price World Price History

20.            World Silver & Gold Price Live and Silver History (USD)

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

1.                 Significant Petroleum Price Cuts Expected from December 16-PK

2.                 Petroleum prices likely to see up to Rs12 per litre dip-DD

3.                 Government plans to raise petroleum levy to Rs85 per litre to settle Rs1.7tr gas debt-ET

4.                 Solar rush delivers economic and environmental dividends, study shows-ET

5.                 Power transmission projects: NGC & AFD strengthen partnership-BR

Weather Updates 

1.                 The Weather-BR

2.                 PMD warns of rain, thunderstorms and heavy snowfall across northern Pakistan-PK

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

1.                 Medical moot focused on women's health today-BR

2.                 Medical sector: Tax-compliance crisis exposed in new data-BR

3.                 Supreme Court Rules Forced DNA Testing Violates Fundamental Rights in Pakistan-PK

 4.                 IHC orders MoF to clear dues, release pension of former AGP-BR

Other Pakistan

1.                 Pakistan, Uzbekistan agree to fast-track expanded PTA-DTS

2.                 Senate panel okays Railways bill-DD

3.                 Pakistan, Uzbekistan push to expand PTA, lift trade-ET

4.                 Senate panel reviews performancke of BISP, Baitu-ul-Mal-BR

5.                 Murad vows reforms to boost agriculture-BR

6.                 APNS dismayed over stoppage of govt ads to Dawn Media Group-BR

7.                 Pakistan Navy's Maritime Security workshop concludes-BR

8.                 Traders warn govt of shutter-down strike-BR

9.                 PM Shehbaz, President Pezeshkian appreciate Pak-Iran strong bilateral support during external aggression-APP

10.            PM Shehbaz exchanges pleasantries with world leaders-APP

11.            Pakistan calls for peaceful disputes’ resolution, urges world to press Afghan regime on counterterrorism commitments-APP

12.            PM Shehbaz lays wreath at Turkmenistan’s Neutrality Monument-APP

13.            Non-payment of pension to former AGP could lead to contempt proceedings, freezing of govt accounts: IHC warns-TN

14.            PM Shehbaz warns of rising terror threat from Afghanistan, calls for global action-TN

15.            Punjab launches NADRA-integrated e-registration app for digital civil record services-TN

16.            Bilawal vows strict action against anti-state elements, urges PPP to gear up for local govt polls-TN

17.            CM Afridi calls for financial reforms, university debate on KP’s constitutional rights-TN

18.            Bilawal vows strict action against anti-state elements, urges PPP to gear up for local govt polls-TN

19.            PM Shehbaz warns of rising terror threat from Afghanistan, calls for global action-TN

20.            Magisterial court rejects after-arrest bail plea of accused allegedly involved in embezzlement of millions of rupees in famous visa scam-APP

21.            Pakistan, Iraq Agree to strengthen security cooperation, facilitate pilgrims in high-level Brussels meeting-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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