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19 November 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. Extensions for filing tax returns: FTO directs investigation against FBR over inaction-BR
2. FBR issues draft insurance guarantee format for export facilitation scheme-PK
3. FBR imposes penalties for 2025 wealth statement non-submission-PK
4. FTO orders probe into FBR over alleged failure to process tax return extension requests-PPT
Economy & Inflation matters (including Import, Export & CPEC)
1. ECC approves Rs50bn technical supplementary grant for defence projects-BR
2. Economic Coordination Committee approves grants for security, defence projects-DD
3. ECC approves key grants for Security, defence Projects, Structural reforms-APP
4. ECC sanctions grants to boost defence, border management-TNS
5. Economic think tank calls for business-friendly policies-TNS
6. ECC for incentivising, facilitating greater participation of foreign firms in petroleum exploration sector-TN
7. Pakistan calls for stronger economic integration, broader partnerships at SCO meeting-APP
8. Structural reforms under sharper focus, Aurangzeb tells Dialog delegation-BR
9. SCO summit sidelines: Dar meets Li-BR
10. EPBD hosts high-profile DIALOG delegation-BR
11. OPINION: When leaders seek wisdom-BR
12. Could a $500m MoU draw Pakistan into a US–China minerals rivalry?-BR
36+ Customs Duty (including PSW)
1. Jul-Oct trade deficit jumps 39% to $12.7bn year-on-year-BR
2. Bulgarian envoy for strengthening bilateral trade ties-BR
3. Pakistan enters bunkering market with first facility-DD
4. Textile exports drift lower for third month-DD
5. Karachi Port: Standardised bunkering operations launched-BR
6. Pakistan launches first standardized bunkering operations at Karachi Port-PK
7. ‘KFH to be upgraded with EU standards’-BR
460+ Company Laws
Country witnessing rise in business confidence: SECP-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Auto financing surges to Rs 315 billion as vehicle demand rebounds: SBP-TN
2. Lucky Investments, 5th Pillar Takaful announce strategic partnership-APP-PK
3. Pakistan’s IT exports skyrocket to record $386M in October 2025-PK
4. EDITORIAL: Current account deficit-BR
5. IFC, Standard Chartered set up $400m facility-DD
6. Lucky Investments, 5th Pillar Takaful announce strategic partnership-APP
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Selling engulfs bourse, KSE-100 sheds over 750 points-BR
2. Bears drive out bulls amid dearth of triggers-DD
3. PSX stumbles as selling pressure mounts-ET
4. PSX loses 752 points-TN
5. PSX stumbles as index drops 752 points amid broad-ET
6. KSE-100 index drops 752 points as PSX mirrors global market losses-PK
7. Rupee continues to strengthen against US dollar-BR
8. Gold subdued as dollar firms; spotlight on Fed minutes, US jobs data-BR
9. Gold slips to one-week low-BR
10. Gold drops despite rebound in global market-ET
11. Pakistan gold prices drop by Rs7,000 per tola amid global market slowdown-PK
12. Gold and Silver Prices: Bullion Market update November 18, 2025-PK
13. Gold price in Pakistan for today, November 19, 2025-PPT
14. Volume of business improves on cotton market-BR
15. Cotton spot rates-BR
16. Spot rate sheds 100 per maund-BR
17. Textile exports dip in October-TNS
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil prices fall as rising US inventories reinforce oversupply concerns-BR
2. Oil prices end flat in choppy trade-BR
3. Senate panel recommends performance audit of petroleum exploration companies-TN
4. RLNG gets costlier for third time in November-DD
5. RLNG prices raised by up to 1.97pc for Nov-TN
6. Ogra enforcement team finally wakes up, seals 3 LPG plants-TN
7. PPP for CY26: CPPA-G indicates PKR decline, power demand growth-BR
8. CPPA-G seeks Nepra’s nod for Re0.65 per unit refund to consumers-TN
9. Nepra fines 3 power utilities Rs57.5m over ‘preventable’ deathsTNS
10. Power bills could rise in 2026 as Nepra reviews rates-TNS
11. Power consumers to get Rs0.65/unit refund in December bills-TNS
12. Power firms seek to refund Rs6.3bn for October usage-DD
13. NEPRA fines three power firms Rs57.5m over 30 Punjab deaths-ET
14. Hike in power purchase price likely-ET
15. BR Research: Power tariffs: January rebasing on the cards-BR
16. KE removes kundas-BR
17. Load factor matters-BR
18. Oct FCA: CPPA-G seeks Re0.68 negative adjustment-BR
Weather Updates
The Weather-BR
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
ICAP, ICMAP again recognise ChildLife Foundation with BCR Award-TN
Other Pakistan
1. PM reaffirms govt’s commitment to Sikh community-BR
2. SJC, JCP and SC (P&P) Committee reconstituted-BR
3. 41 independent candidates: Providing 15-day relief an error: Justice Mandokhel-BR
4. PM vows full support to AJK PM-BR
5. SC reorganises judicial forums in wake of 27th Amendment-ETT
6. ECP objects to ICT LG law amendment-TNS
7. Ordinance granting exclusive jurisdiction to CBs over all matters under Article 199 challenged-DD
8. Govt committed to providing all facilities to Sikh pilgrims, says PM-DD
9. ECP decides holding LG polls in ICT immediately-BR
10. Balochistan turns to tech for water security-ET
11. LHC restrains police from harassing Indian Sikh woman-BR
12. 6th round of Pakistan, Finland BPC held-BR
13. Mayor lays foundation stones for several development projects-BR
14. Ahsan inaugurates CMS, HPC facility at PIEAS-BR
15. Pakistan condemns atrocities to Palestinians-BR
16. Dar reaffirms commitment to ‘Shanghai Spirit’-BR
17. Planning Minister calls for proactive planning ahead of Ramazan-APP
18. Shehbaz Sharif felicitates AJK PM-elect; assures federal govt’s cooperation-APP
19. DPM Dar calls on President Putin among other heads of govt delegations at SCO moot-APP
20. President, PM praise security forces for killing 15 terrorists in KP operations-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).
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Kasbati & Co Team
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