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18 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 powers to compel 2025 tax return filing in Pakistan-BR
2. RCCI welcomes suspension of revised property valuation by FBR-APP
3. Understanding alternative corporate tax in Pakistan for tax year 2026-PK
4. Are you a 2025 tax year non-filer? You may face these restrictions-PK
5. Pakistan moves to meet IMF condition with sugar sector deregulation-PK
6. PM seeks IMF exit strategy after 2027-ET
Economy & Inflation matters (including Import, Export & CPEC)
1. Pakistan Seeks ADB Loan to Cut Circular Debt-DTS
2. Economic risks remain high despite policy calm-ET
3. CPEC-linked cooperation reshapes citrus industry, study finds-DTS
4. KDA holds open public auction of unusable plants, machinery-BR
5. Govt alters policy to help resolve issue facing timber traders-BR
6. Deliberations for manufacturing of lithium-ion batteries underway-DTS
7. Mauritius HC visits LCCI: ‘There’s need to work together to address trade imbalance issues’-BR
8. Now is time for Pakistan to boost economic growth, says PM-TN
9. SME development part of govt’s priorities: SMEDA chief-APP
10. YLC 2025 explores power of informed citizenship-TN
11. Govt formulating policy to encourage domestic manufacturing of lithium-ion batteries: SAPM-TN
12. First Annual Cyber Security Conference held in Islamabad-TN
13. Transporters’ strike ends in Punjab: LCCI lauds Punjab govt’s timely steps & positive role-BR
14. Thai envoy urges ICCI to actively advocate for Pak–Thai FTA’s early finalisation-TN
15. France, Pakistan sign work plan to allow seed potato import-TN
16. REER index appreciates further to 104.76 in Nov-DTS
17. Flour gets costlier in Sindh due to delayed govt action-DD
36+ Customs Duty (including PSW)
1. Port Qasim reports active shipping operations on December 17, 2025-PK
2. UN breaks global trade red tape: now one digital document required to reroute cargo mid-journey-APP
460+ Company Laws
1. SECP clears PIA Holding Company’s transfer of Precision Engineering Complex-DTS
2. CCP issues show-cause notices: Major private school systems seek additional time-BR
3. Private schools seek more time to respond to CCP’s show-cause notices-TN
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP Updates Daily Interbank Foreign Exchange Rates: December 17, 2025-PK
2. SBP Updates Daily KIBOR Rates for December 17, 2025-PK
3. Current account turns positive in November with $100m surplus-DD
4. Current account surplus masks hidden cracks-BR
5. Current account records modest surplus in November despite widening trade gap-TN
6. Pakistan’s current account deficit widens $812 million; surplus of $100 million in November-PK
7. Remittances drive Pakistan's current account $100m surplus-ET
8. Jul-Nov FDI down 25% to roughly $1billion YoY-BR
9. Pakistan sees 25% drop in foreign direct investment in 5MFY26-PK
10. Interior Ministry accepts resignations of officers linked to NCCI corruption case-TN
11. Auto financing grows for 12th straight month-DD
12. ADB official commends govt’s reform agenda-BR
13. ADB commends govt’s reforms agenda, acknowledges efforts being made for macroeconomic recovery-TN
14. Pakistan seeks ADB support for repayment of remaining circular debt-TN
15. Pakistan seeks massive ADB loan to tackle remaining Rs1.7tr circular debt-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. KSE-100 closes day marginally lower after volatile trading-BR
2. KSE-100 Index Falls 133 Points Amid Mixed Investor Sentiment at PSX-PK
3. PSX remains volatile on mixed economic data-DD
4. PSX falls 133 points in choppy trading-ET
5. Stock market stays bearish, sheds 133 points-TN
6. US Dollar Weakens by 3 Paisa Against Pakistani Rupee in Interbank Market-PK
7. Real exchange rate jumps to 104.8-ET
8. Rupee gains three paisa against dollar-DTS
9. Today’s Gold and Silver Prices in Pakistan – December 17, 2025-PK
10. Gold jumps Rs2,700 as silver hits all-time high in Pakistan-PK
11. Gold prices rise by Rs 2,700 a tola-DST
12. Gold jumps sharply as silver touches record high in global and local markets-TN
13. Pakistan Gold today price & History with search of any date
14. Pakistan Silver today price & History with search of any date
15. World Gold & SIlver Prices Live and Gold Price World Price History
16. World Silver & Gold Price Live and Silver History (USD)
17. Karachi Cotton Association withdraws plea against building ‘takeover’-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. PSO seeks tax zero-rating to prevent refund buildup-ET
2. Burden of petroleum levy likely to increase further in coming years-TN
3. Govt considering shifting imported edible oil transport from roads to rail-DTS
4. Power consumers may get Rs0.71 per unit relief in January bills-ET
5. Axe may fall on prosumers to save power utilities-DD
6. BR RESEARCH: Pakistan’s power sector is a national mess-BR
7. Pakistan seeks ADB financing amid power sector reforms-BR
8. Govt asks ADB for power debt support-ET
9. Pakistan seeks ADB financing amid power sector reforms-DTS
Weather Updates
2. Rains, snowfall likely in western, upper parts from 20th-BR
3. PMD Issues Updated Weather Forecast for Sindh – December 17, 2025-PK
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Re-employment after retirement: Govt withdraws notifications about pension-BR
2. Government scraps pension rules on re-employment, withdraws recent notifications-PK
3. Formulation of KP Health Policy 2025 in final stages-BR
Other Pakistan
1. Action begins against vehicles using fake fitness certificates-BR
2. Goods transporters call off strike after successful talks with government-PK
3. Pakistan extends airspace closure for Indian aircraft until January 24, 2026-PK
4. PM Shehbaz calls laptop scheme enabling ecosystem for youth to unlock potential, gain excellence-APP
5. Govt. focused to impart skills, technical training to people going abroad: PM-APP
6. President extends congratulations to Amir of Qatar on National Day-APP
7. President Zardari signs key legislative bills into law-APP
8. Inter-ministerial meeting discusses ways to strengthen Pak-Iran cooperation-APP
9. Bondi attack: Tarar demands apologies over fake news campaign against Pakistan-TN
10. Land records digitisation essential for better governance in Balochistan: CM Bugti-TN
11. AJK President grieves over demise of former minister Sardar Akhter Rabbani’s son-APP
12. APS Peshawar martyrs’ Peshawar martyrs marks with glowing tributes in special prayer congregations-APP
13. AJK PM Faisal Mumtaz Rathore pays glowing tributes to Raees ul Ahrar Choudry Ghulam Abbas on his 58th death anniversary-APP
14. CM conducts balloting for 720 apartments for homeless workers-TN
15. Ataullah Tarar denounces misinformation linking Pakistan to Australia shooting-TN
16. Uzbekistan, Tajikistan enhance collaboration-TN
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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