You can unsubscribe at any time.
29 October 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. FBR refutes reports on system vulnerability-APP
2. FBR says FTO order on cyber-security wrongly interpreted-PK
3. FBR’s 2025 Tax Return Shock Stuns Taxpayers Nationwide-PK
4. FBR tells taxpayers: Avoid easily predictable passwords-BR
5. One-third of tax filers declare zero income to FBR-TNS
6. Income tax collection surges to record Rs5.83trn in FY25-BR
7. IMF may approve USD1.2bn tranche by Dec-BR
8. LTBA Urges PM Shehbaz for Tax Return Extension to Nov 30-PK
9. KTBA Warns: IRIS Glitch Blocks 2025 Tax Return Extensions-PK
Economy & Inflation matters (including Import, Export & CPEC)
1. CPEC entering a new phase of high-quality uplift: Chinese CG-BR
2. Growth rate upgrade-BR
3. Revitalising SMEs for industrial growth-BR
4. Pakistan, Sri Lanka chart new course for blue economy growth-ET
5. WB changes its mind on Pakistan’s critical economic indicators-DD
6. Large segments of informal economy remain untaxed: EPBD-TN
7. FY26 economic growth projected to be lower as floods disrupt agricultural production, incomes: WB-TN
8. WB urges sustained reforms for Pakistan’s inclusive growth, economic stability, flood recovery-APP
9. E-Pakistan to transform country into digitally connected economy: Ahsan Iqbal-APP
10. Facilitating failure: how governance broke Pakistan’s investment regime-BR
11. 73pc members’ recommendation: Pakistan a viable place for FDI: OICCI survey-BR
12. Pakistan still heavily relies on cash-ET
13. Investors lash out at bureaucratic hurdles-ET
14. Microsoft Teams’ new Wi-Fi attendance feature may reshape hybrid work in Pakistan-ET
15. Brick by brick-BR
16. PM forms traders-led panels-BR
17. 73% foreign investors view Pakistan as viable FDI destination: OICCI survey-APP
18. Revival of Silk Route to boost Uzbekistan-Pakistan trade, cultural ties: Minister-APP
19. Food sector debt soars past Rs325bn as arrears pile up nationwide-TNS
20. Pakistan moves up investment ladder-DD
21. Pakistan’s exports as share of GDP shrinking: World Bank-BR
22. Non-export levies: Textile industry seeks DLTL-style rebate system-BR
23. Pak–Malaysia cooperation reviewed to boost Pakistan’s meat exports-APP
24. Jam Kamal reaffirms govt’s commitment to boosting meat exports-TN
25. Govt targets meat export boost-ET
26. Inflation may go up further: Real GDP growth now likely to stay at 3pc: World Bank-BR
27. Policy rate at 11% may not ease inflation: ICMAP-PK
28. Millers blame govt for rising sugar prices-TN
29. Portal closure, import policy blamed for sugar price hike-ET
36+ Customs Duty (including PSW)
1. Smuggling attempt of 25 kg silver foiled-APP
2. Pakistan Customs foil drug smuggling bids worth Rs114m-APP
3. Pakistan Customs Foils Major Drug Smuggling at Karachi Airport-PK
4. Customs Karachi foils smuggling bid of silver-BR
5. Attempts of smuggling drugs worth Rs114m foiled-TN
6. Port Qasim Reports Active Vessel Operations on October 28-PK
460+ Company Laws
1. SECP holds roundtable on ‘Future of Takaful in Pakistan’-BR
2. Bangladesh State Minister, High Commission delegation visit SECP-APP
3. Solar energy uptake: CCP set to conduct study to uncover snags-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Foreign exchange rates-APP
2. Currency rates of NBP-APP
3. NBP Exchange Rates-APP
4. SBP Announces Updated Currency Exchange Rates for October 28-PK
5. SBP Issues Updated KIBOR Rates for October 28, 2025-PK
6. SBP purchased US dollars worth $7.15bn in 12 months ending July 2025: report-BR
7. A monetary doom loop-BR
8. Fragile balance of payments-BR
9. Poverty down, but no lift in living standards: WB-ET
10. India plans to hike foreign investment cap in state-run banks to 49%, source says-BR
11. Banks’ investment in govt papers rises Rs5.8tr-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX sheds 2,063 more points to close at 160,101.03-APP
2. PSX plunges over 2,000 points amid caution-DD
3. KSE-100 Index Crashes 2,063 Points as Bears Take Over-PK
4. Capital gain tax skyrockets 559% in 1QFY26 as PSX hits record highs-PK
5. Selling continues at bourse, KSE-100 sheds nearly 500 points in early trade-BR
6. Rupee gains 03 paisa against US Dollar in interbank trading-APP
7. Exchange Rates For Currency Notes
8. Pakistan Currency Exchange Rates Today – October 28, 2025-PK
9. Gold price plunges by Rs14,000 per tola-TN
10. Gold prices plunge by Rs14,000 per tola-APP
11. Pakistan Gold Crashes Rs14,000 in Historic Single-Day Decline-PK
12. Gold and Silver Price Update in Pakistan – October 28, 2025-PK
13. Gold sheds Rs14,000 on global weakness-ET
14. Gold tumbles by record Rs14,000-DD
15. Gold steadies ahead of Fed verdict; trade optimism limits upside-BR
16. Pakistan Gold today price & History with search of any date
17. Pakistan Silver today price & History with search of any date
18. World Gold & SIlver Prices Live and Gold Price World Price History
19. World Silver & Gold Price Live and Silver History (USD)
20. Cotton spot rates-BR
21. Volume of business improves on cotton market-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Despite lower sales: POL’s Q1 profit soars to Rs5.4b-BR
2. Further hike in gas prices on the cards-TN
3. Gas utilities push for higher tariff-DD
4. LESCO, PSO sign oil purchase deal-BR
5. Revised buyback rates for net metering: PM directs PD to verify new tariff in sync with Nepra-APP
6. Nepra imposes Rs141m fines on power distribution companies-TN
7. Nepra imposes Rs110m fines on Discos-DD
8. Nepra imposes Rs100m fines on four Discos-BR
Weather Updates
1. The Weather-BR
2. PMD Forecasts Cold, Dry Nights in Islamabad – Oct 28–29-PK
DNVC Basheer Juma
Basheer Juma Teamwork Complete
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).
If your Goodself gets this email without Links, please contact us immediately.
Best regards
Kasbati & Co Team
Copyright © 2023 Kasbati | Email: info.kasbati@tax-excellence.com | Phone No: 02134329108, 02137296771, 02137296783