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26 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 cracks down on healthcare tax evasion-DD
2. IHC decries ‘institutionalised manipulation’ within FBR-TN
3. Income Tax Deduction on Payments for Goods and Services in Tax Year 2026-PK
4. Tax Deduction at Source Under Section 151A: Investors Must Know-PK
5. Tax Deduction on Exports in Pakistan: FBR Rules for 2026-PK
6. Tax Deduction on Export of Services in Pakistan – FBR 2026 Guidelines-PK
7. Tax Deduction on Payments to Non-Residents: FBR Guidelines for Tax Year 2026-PK
8. Menace of sales tax fraud: FBR fails to implement suggestions of FTO-BR
9. FTO denies tax relief on deemed income from immovable properties-BR
10. CTO Lahore recovers Rs2.65 billion from taxpayer in major enforcement drive-PK
11. Cement manufacturers: FY25 Federal Excise Duty collection rises 101.8% YoY: FBR-BR
12. Commerce ministry invites tariff-related budget proposals for FY 2026–27-PK
13. Economy & Inflation matters (including Import, Export & CPEC)
14. Global forest products trade, production show signs of recovery in 2024: UN agency-DTS
15. CM vows to turn province into ‘minority-friendly Punjab’-BR
16. Pakistan has regained global spotlight in 2025: US magazine-BR
17. ADB, govt sign projects worth USD730m-BR
18. Transparency in wheat subsidy system imperative: Saleem Memon-BR
19. Has the economy reached a positive turning point?-ET
20. QCCI members briefed about PHDEC’s Food Safety Certification Project-BR
21. Pakistani rice and food products gain ground in Chinese market-DTS
22. CPEC media forum convenes-TNS
23. 9th CPEC Media Forum calls for stronger China-Pakistan media cooperation to advance CPEC 2.0-TN
24. Pakistan urged to align clean energy transition with industrial growth, export needs-TNS
25. Intel shares fall on report Nvidia halts production test-TNS
26. NA body calls for transparency, accountability in sugar market-TN
27. Chinese yuan strengthens against dollar, hits highest level since Sept 2024-TNS
28. AI data centres are forcing dirty ‘peaker’ power plants back into service-TNS
29. New PIA owners eye full ownership after Rs135bn majority stake deal-TNS
30. Fauji Fertiliser becomes part of Arif Habib Consortium in PIA privatisation-TNS
31. How investors buy gold and what fuels the market-TNS
32. US weekly jobless claims fall, but more people collecting unemployment cheques-TNS
33. Pakistani rice, food products gain ground in Chinese market-TN
34. Pakistan rice exports plunge 49% during first five months of FY26-PK
36+ Customs Duty (including PSW)
1. Ports face cargo chaos despite end of transporters’ strike-BR
2. Goods transporters hike freight rates sharply after strike, KCAA raises alarm-PK
3. Daily Cargo Operations at Port Qasim — December 25, 2025-PK
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Pakistan, ADB sign $730m agreements for power infrastructure, SOE transformation-APP
2. Pakistan, ADB sign two key initiatives worth $730m in power, state-owned enterprises sector-DD
3. Pakistan, ADB sign $730 million agreements for power infrastructure and SOE reforms-PK
4. Pakistan, ADB sign $730m deals for power infrastructure, SOE transformation-DTS
5. Pakistan, ADB sign $730m agreements for power infrastructure, SOE transformation-TNS
6. Pakistan, ADB sign $730m agreements for power infrastructure, SOE transformation-TN
7. FIs (Recovery of Finances) Ordinance: Suit automatically turns into execution proceedings: LHC-BR
8. As crypto and private credit hit the mainstream, investor risk seen multiplying-TNS
9. Will Sheikh Al Nahyan invest in Pakistan?-TNS
10. Syria to start currency swap on January 1, central bank governor says-TNS
11. Global investment banks raise S Korea’s 2026 inflation outlook amid weak currency-TN
12. Global forest products trade, production show signs of recovery in 2024: UN agency-TNk
13. Government borrowing reverses course-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX sheds 243 points to close at 170,830 points-APP
2. PSX sheds 243 points to close at 170,830 points-TN
3. Asia stocks rise to six-week high; precious metals on a tear-BR
4. S&P 500, Dow hit all-time closing highs-ET
5. Pakistan Open Market Currency Exchange Rates — December 25, 2025-PK
6. Rupee gains 01 paisa against US Dollar-APP
7. Rupee gains 01 paisa against dollar-TN
8. Spot silver extends rally to hit $75 per ounce for first time-BR
9. Gold prices surge to record Rs472,862 per tola-TN
10. Gold hits record high on safe-haven demand, Fed rate-cut bets-BR
11. Gold production in Russia rises 5.6% in November-DTS
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. Platinum hits record high on tight supply, EU combustion-engine ban reversal-BR
17. Pakistan makes SBP security deposit mandatory for cotton exports-PK
18. Increase in cotton production must for national economy: secretary-DTS
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil and Gas Development Company Limited: performance and outlook-BR
2. BR RESEARCH: Oil glut could deepen-BR
3. Major Gulf markets subdued on soft oil prices-DTS
4. Russia delays LNG output target due to sanctions-DD
5. FESCO’s line losses reduced to 4.99% this year-BR
6. Govt seeks details of working capital facilities availed by Halmore Power since 2010-BR
7. 800MW of electricity to be allocated for transmission in auction-ET
8. CTBCM: market liberation or subjugation in an ailing sector?-BR
9. Sindh's unpaid power bills total up to Rs724m-ET
10. Discos halt new net metering registrations as Nepra seeks explanation-TN
11. PM approves framework for comprehensive National Energy Plan-TN
12. Climate change, debt and power costs push Pakistan to rethink industrial energy-TNS
Weather Updates
1. The Weather-BR
2. Cool, dry weather likely-BR
3. Islamabad Weather Forecast for December 26, 2025-PK
4. Cold, dry forecast-TNS
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Bilawal inaugurates Indus University Hospital-BR
2. ANF seizes over 304kg of drugs in nationwide operations-BR
3. Huge quantity of illicit drugs, weapons seized in ICT-BR
4. Free, quality healthcare for all at heart of PPP manifesto: Bilawal-TNS
5. Legend Trust Fraud Scheme: Sindh Anti-Corruption Dept arrests prime suspect-BR
6. Azma pays tribute to the Quaid-BR
7. ICMA unveils 32-point national reform blueprint for Pakistan-TNS
8. China, Pakistan sign MoUs to deepen industry education training-DTS
Other Pakistan
1. Sim owners responsible for illegal use, warns PTA-DD
2. IBO operations: Ten including ring leader of terrorists killed-BR
3. CDF interacts with Christmas congregation-BR
4. Kashmiris mark Quaid’s birth anniversary with great enthusiasm and devotion-BR
5. Message on Quaid’s birth anniversary: President for unity, democracy and justice-BR
6. Quaid’s birth anniversary marked in impressive manner-BR
7. Quaid-e-Azam’s leadership guiding light for us: FPCCI VP-BR
8. 15 foreigners arrested as NCCIA busts ‘international cartel’ involved in $60m cyber fraud-BR
9. International online investment fraud network: Minister commends NCCIA for carrying out operation-BR
10. PM Shehbaz extends heartfelt Christmas greetings to Christian community-PK
11. Stakeholders back PIA sale, call for divestment of other SOEs-DD
12. Asian shares are mixed after US stocks drift to more records-DTS
13. Chinese-made pH4 approved for sale in Pakistan-DTS
14. PM sends advice to AJK president-TNS
15. Pakistan assures minorities of full support as Hindu vigilantes target Xmas celebrations in India-TNS
16. RCCI lauds govt for successful PIA bidding-TNS
17. ECP postpones Quetta LG polls following FCC order-TNS
18. Madrassa students urged to play active role in practical field-TNS
19. Opposition signals readiness for talks as govt questions Imran’s credibility-TNS
20. Bangladesh PM hopeful Rahman returns from exile ahead of polls-TNS
21. KP govt moves to make advertising system more transparent-TNS
22. Longer weekend ahead as Friday a holiday-TNS
23. Holding woman’s hand, pulling her, saying ‘I love you’ amounts to outraging her modesty: Chhattisgarh HC-TNS
24. Punjab CM reaffirms minority rights at Christmas celebrations-TNS
25. Speakers link population dynamics to national security-TNS\
26. Leadership training programme for women journalists-TNS
27. KP CM opposes military operation in Tirah Valley-TNS
28. Tajik forces kill three terrorists after border infiltration from Afghanistan-TNS
29. Shahzad Akbar says injured in assault at Cambridge home-TNS
30. LG polls: PTI seeks extension in deadline for filing nomination papers in capital-TNS
31. PM Shehbaz pays tribute to Quaid-e-Azam on his 149th birth anniversary-TN
32. Change of Guard ceremony held at mausoleum of Quaid-TN
33. Pakistan winner of US foreign policy driven by Trump’s personal affinity for CDF Asim Munir-TNS
34. People desire a free, prosperous Pakistan not injustice: PTI-TNS
35. Peshawar church attack haunts Christians at Christmas-TNS
36. ‘Minorities enjoy equal rights in Pakistan’-TNS
37. CCD officers visit churches-TNS
38. Innovation showcased at science festival-TNS
39. Pakistan belongs to all citizens irrespective of faith: PM-TN
40. Alhamra pays tributes to Quaid-e-Azam on his 149th birth anniversary-TN
41. Bethlehem celebrates first festive Christmas since Gaza war-TN
42. Maryam Nawaz grants helmet law exemption to Sikh riders, expands minority welfare scheme-TN
43. Federal Government announces public holiday in Islamabad on December 26-TN
44. Pope Leo urges ‘courage’ to end Ukraine war in first Christmas address-TN
45. ECP defers Quetta local Government Elections following court intervention-TN
46. Former SAPM Shahzad Akbar assaulted in UK, police probe underway-TN
47. Sindh launches Bhutto STEM Scholarship for Oxford-bound students-TN
48. Khalid Hussain Magsi hails Quaid-e-Azam’s guiding principles-TN
49. Khawaja Asif says PTI founder seeks talks only with establishment-TN
50. Pakistan, ADB sign $730m agreements for power infrastructure, SOE transformation-TN
51. PTA declares use of SIMs registered in others’ names illegal-TN
52. Maryam Nawaz vows zero tolerance for minority rights violations in Punjab-TN
53. State’s fundamental responsibility to protect poor: Bilawal-TN
Other International
1. Japan revises up growth outlook on stimulus-ET
2. Thailand’s exports growth quickens to 7.10pc in Nov-TN
3. India announces reforms to simplify import checks as it eyes US trade deal-TNS
4. Japan PM reassures markets with fiscal discipline in next year’s budget-TNS
5. Russia expects 5pc drop in steel output in 2025-TN
6. Chinese yuan strengthens, exchange rate against dollar hits highest level since Sept 2024-TN
7. UK tech campaigner sues Trump administration over US sanctions-TNS
8. What 2025 taught us-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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