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24 December 2025
Author: Mr 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 launches major probe into doctors, hospitals through health bills-PK
2. Why FBR Collects Salary Tax at Source in Pakistan-PK
3. Importers Should Know Section 148 for Advance Tax in Pakistan-PK
4. IR, Customs officers: FTO’s key recommendation remains unimplemented-BR
5. December 31 set as deadline for November 2025 capital gain tax collection-PK
6. PR posts record Rs 93bn revenue in 2025, says minister-DTS
7. NBR delegation of Bangladesh calls on FTO to explore cooperation-APP
8. Pakistan Railways eyes Rs100 billion target as revenue surge continues in FY26-ET
Economy & Inflation matters (including Import, Export & CPEC)
1. ECC approves recommendations for upcoming spectrum auction: Aurangzeb-APP
2. ECC approves key recommendations for upcoming spectrum auction-PK
3. ECC approves spectrum auction plan-ET
4. ECC approves auction of 600MHz spectrum to bring 5G internet in country-TN
5. ECC approves 600MHz spectrum auction, opening door for 5G-TNS
6. USD-linked pricing fixed: ECC clears long-delayed 5G spectrum auction-BR
7. Govt sets two-month timeline for spectrum auction-DD
8. Govt plans 600 MHz spectrum auction in Feb, opening doors for 5G-DTS
9. Dar reviews strategy on GSP Plus status continuation-BR
10. Pakistan reviews strategy for continuation of GSP status-TNS
11. Kohinoor Mills starts commercial production at apparel division-BR
12. BR RESEARCH: Economic recovery, but only for a few-BR
13. Delegation of PCDMA meets CG Korea, DG KOTRA-BR
14. Rs 33.6 billion agri-chain financing announced-DTS
15. Punjab starts 24/7 digital monitoring of sugar mills-BR
16. PASSCO dues recovery plan finalised-ET
17. Arif Habib Consortium clinches 75% stake in PIACL with Rs135 billion bid-APP
18. Strong institutions, reliable business environment key to unlocking Pakistan’s economic potential-TN
19. Railways boosts revenue in 2025 reforms-TNS
20. Structural financing gaps keep Rs800bn solar market out of reach-TNS
21. Retail investors to have more sway over Wall Street after record year-TNS
22. Unity Foods appoints Amir Shehzad as new CEO-TNS
23. IFC, Standard Chartered Pakistan, Engro Fertilizers announce Rs33.6bn financing-TNS
24. Alibaba honours Impex Pakistan with global new power award-TNS
25. TDAP signs MoU with women’s university to boost trade skills, research-TNS
26. DPM Dar directs implementation of govt policies for GSP Plus continuation-TN
27. Governor Karbala hosts President Zardari; discussions focus on areas of mutual interest-TN
28. Arif Habib consortium wins PIA privatisation bid with Rs135bn offer for majority stake-TN
29. Punjab moves to grant legal recognition to visually impaired citizens as special persons-TN
30. Govt mulls PPP model for wheat procurement under Interim Wheat Policy 2025-26-TN
31. 19 non-duty-paid vehicles, smuggled goods worth Rs197 million seized-TN
32. Unity Foods announces leadership transition with continued support from Wilmar International-TN
33. BOI minister holds meeting with honorary CG of Lithuania-TN-
34. DIB Pakistan commences ambitious branch expansion project-TN
35. Canals closure to start from Dec 26 for annual maintenance: Irsa-TN
36. PCDMA, KOTRA discuss expanding Pakistan-Korea trade-TNS
37. Trade deficit with nine states swells to $6.22bn-DD
38. Pakistan mandates PSQCA-approved pre-shipment inspection for imports-PK
39. Pakistan seeks Brazil aid for livestock exports-ET
40. BOI minister lays stress on export-driven economic strategy-ET
36+ Customs Duty (including PSW)
1. Gadani Customs seizes hashish worth Rs273m-BR
2. Port Qasim issues daily shipping activity report for December 23, 2025-PK
3. Customs seizes 109.5kg Hashish of worth Rs 273 mln-APP
460+ Company Laws
ECP hears DGK by-polls ‘rigging’ case-TNS
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Foreign exchange rates-APP
2. Foreign loan inflows surge by 46pc in July-Nov-DD
3. Foreign assistance to Pakistan exceeds $3bn mark in 5MFY26-BR
4. Foreign loan inflows rise sharply in first five months-DTS
5. SBP releases daily interbank foreign currency rates – December 23, 2025-PK
6. SBP Updates Daily KIBOR Rates for December 23, 2025-PK
7. Islamic banking must go beyond name only: SBP deputy governor-TNS
8. ADB plans $2bn projects for Sindh-TNS
9. ‘Islamic banking should go beyond name’-DD
10. BoI minister discusses investment opportunities with Honorary Consul General of Lithuania-APP
11. International Finance Corporation announces first local currency investment in Pakistan-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX to remain closed on December 25, 2025 for public holiday-PK
2. PSX extends losses in PIA-driven cautious trade-DD
3. PSX loses 130 points to close at 171,073 points-DTS
4. PSX declines 130 points to close at 171,073 points-APP
5. PSX declines 130 points to close at 171,073 points-TN
6. PSX sheds 130 points to close at 171,073-TN
7. Stocks close nearly flat as roll-over pressure continues-TNS
8. Stocks up as markets wind down to bumper year; gold and silver smash records-BR
9. KSE-100 Index slips 130 points amid volatile, range-bound trading-PK
10. KSE-100 Index closes marginally lower as all eyes on PIA sale-BR
11. Investors tread cautiously in rollover week-ET
12. Rupee ends flat in interbank-TNS
13. Kerb currency market-APP
14. Rupee gains 01 paisa against US Dollar-APP
15. Rupee marginally up against dollar-DTS
16. Latest currency exchange rates in Pakistan: December 23, 2025-PK
17. Safe-haven gold ventures beyond $4,500/oz for the first time-BR
18. Today’s gold and silver prices in Pakistan: December 23, 2025-PK
19. Pakistan gold prices hit new all-time high, near Rs471,000 per tola-PK
20. Gold up Rs8,500, silver extends record rally-ET
21. Gold price surges to Rs 470,862 a tola-DTS
22. Gold sets 50th daily record this year on rate-cut bets and risk-TNS
23. Gold hits fresh record on strong global rally-TNS
24. Gold price jumps by Rs8,500 per tola-TN
25. Gold price rises by Rs8,500 to reach Rs470,862 per tola-APP
26. Pakistan Gold today price & History with search of any date
27. Pakistan Silver today price & History with search of any date
28. World Gold & SIlver Prices Live and Gold Price World Price History
29. World Silver & Gold Price Live and Silver History (USD)
30. The much-awaited move-TNS
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. PPL strikes new gas reserve in Kashmore-BR
2. PPL discovers gas reserves in Sindh-BR
3. Oil edges up on strong US economic growth, supply risks-BR
4. Pakistan Petroleum announces unconventional gas discovery in Sindh-PK
5. Solar panels seized by Customs: PM seeks distribution plan-BR
6. Payables of IPPs stand at Rs1.2 trillion: Officials-TN
7. IPP dues hit Rs1.2tr, including Rs500bn to Chinese firms-TNS
8. CPPA-G & other entities: Nepra under fire for allowing ‘undue’ power costs-BR
9. China moves World Trade Organisation over India’s solar, IT trade steps-DD
10. KP mulls over new industrial zones to ensure surplus power consumption-DTS
Weather Updates
1. The Weather-BR
2. Quetta gripped by severe cold as temperature may drop to -5°C-PK
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Japanese envoy inaugurates project of eyecare facility in Abbottabad-BR
2. Punjab enforces winter break: schools barred from operating, colleges closed with limited exceptions-TN
3. Pensioners, widows, senior citizens: Public Accounts Committee seeks protection of savings-BR
4. Sindh government announces public holiday on December 27-PK
Interesting, Motivational & Exemplary
Welcome the New Year 2026 Complete 09 Basheer Juma
Other Pakistan
1. PIA finally goes private for Rs135bn: Arif Habib Group-led consortium makes highest bid for 75% stake-BR
2. PIA privatization completed as government sells 75% stake-PK
3. Without number plates or proper registration: Heavy vehicles should be taken into custody: minister-BR
4. Arif Habib consortium emerges victorious in PIA auction with Rs135bn bid-DD
5. NA panel clears bill to impose harsher penalties for violent street crimes-TNS
6. Screening of drama ‘Jinnah Se Quaid’ at SZABIST for historical awareness of youth-TN
7. NAB distributes Rs186m among cheating victims-TNS
8. Ready for dialogue with PTI but no blackmail: PM-TN
9. Harassment case: LHC upholds ombudsman’s decision of director’s removal from job-TNS
10. KWSC put on notice on plea against outsourcing of its various departments-TNS
11. Impound heavy vehicles lacking proper registration at once: Lanjar-TNS
12. Suspension of Property Ordinance: LHC’s decision triggers heated debate in PA-TNS
13. Minister reviews demarcation of LG constituencies-TNS
14. LWMC completes sanitation work at 530 churches-TNS
15. IEEE conference on multi topics at Riphah University kicks off-TNS
16. Commissioner reviews Ruda projects-TNS
17. PMLN’s Asghar confirms his granddaughter marrying CM’s son-TNS
18. CDA sells plots worth Rs1.28bn on second day of auction-TNS
19. BD team, FTO discuss future collaboration-TNS
20. PM offers dialogue to PTI, other opposition parties-TNS
21. CDF Munir one of most effective strategic leaders in global order: Financial Times-TNS
22. Zardari meets Karbala governor, pays respects at holy shrines in Najaf, Kufa-TNS
23. Five cops martyred in Karak terrorist attack-TNS
24. Hostile elements employing proxies to exploit internal fault lines: CDF-TNS
25. Promotion issue: PHC summons KPRA DG for non-compliance of court orders-TNS
26. Flagship health initiative brings relief to patients-TNS
27. Experts urge tougher safety laws as burn cases surge-TNS
28. PM offers dialogue to PTI, other opposition parties-TNS
29. Property law enacted to help millions of people: Maryam-TNS
Other International
US to impose tariffs on chips from China-TNS
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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