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31 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 nets 200 corporate cases through AI-driven audit selection-PK
2. Beverages sector: FBR’s production-line monitoring move hailed-BR
3. IRIS portal: KTBA asks FBR to rectify critical technical flaw-BR
4. KTBA urges FBR to extend 2025 tax return deadline amid IRIS glitches-PK
5. Third extension looms: FBR faces uproar over return filing chaos-PK
6. ‘Payment with returns’: FBR collects mere 4pc of total revenue in FY25-BR
7. SRB extends agricultural income tax filing deadline to November 15, 2025-PK
8. Agri IT income tax returns: SRB extends deadline-BR
9. Pakistan assures IMF of Rs200b tax measures-ET
10. Enforcement on retail deepened: POS reaching over 40,000 installations-BR
11. Pakistan: Virtual assets taxation-BR
12. PM orders int’l forensic audit of PRAL system-BR
14. PM orders PRAL’s forensic audit after tax fraud unearthed-DD
15. Cigarettes: Despite 200pc FED hike, collection totals Rs225.495bn-BR
16. Salaried individuals: FY25 WHT collection soars 54.7pc to Rs605.593bn YoY-BR
17. Punjab, Sindh cut agriculture tax rates they had raised on IMF condition-TNS
18. PM Shehbaz orders forensic audit of PRAL over major sales tax fraud-PK
Economy & Inflation matters (including Import, Export & CPEC)
1. FPCCI VP for channelising women to support country’s economy-BR
2. China–Pakistan Joint Business Consortium to develop regional logistics hub-APP
3. Reviving Pakistan Steel Mills: choosing the right path-BR
4. Canada, Pakistan agree to strengthen bilateral economic, trade cooperation-APP
5. ‘Warming, wired world’ becomes playground for the rich-DD
6. Govt prioritizes for documenting economy to sustainable national economy: Minister BOI-APP
7. Hybrids save $27m in fuel imports-DD
8. Govt tightens rules on car imports-ET
9. Pakistan’s textile exports hit three-year high in September-ET
10. The missing model for growth-BR
11. Jam, Canadian HC discuss ways and means to boost bilateral trade-BR
36+ Customs Duty (including PSW)
1. The case for data integrity-TNS
2. Pakistan Customs seizes smuggled cigarettes, raw materials worth Rs. 1.1 bln-APP
4. Port Qasim reports active shipping movements on October 30, 2025-PK
5. Rs1.1bn haul in cigarette crackdown-DD
7. Activities of Port Qasim-BR
460+ Company Laws
1. CCP conducts awareness session on competition law at Quaid-i-Azam University-APP
2. CCP approves PEL’s acquisition of stakes in PKP group Companies-APP
3. Sugar price manipulation; CCP accuses FBR of failing to share data-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Pakistan’s total liquid foreign reserves stand $ 19.69 billion-APP
2. Steady growth in reserves strengthens rupee outlook-DD
3. Pakistan’s weekly forex reserves decline by $165 million: SBP-PK
4. SBP issues updated customer exchange rates for October 30, 2025-PK
5. SBP releases updated KIBOR rates for October 30, 2025-PK
6. SBP reserves inch up $16m to $14.47b-ET
7. SBP-held foreign exchange reserves rise by $16 million to $14.47bn-BR
9. Amin Lodhi appointed SBP’s deputy governor-BR
10. New formula takes centre stage: NFC meeting set to take place on Nov 18th-BR
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX sheds 1,732 points to close at 156,732.87-APP
2. PSX suffers deep losses, falls over 1,700 points-ET
3. PSX slips as profit-taking, geopolitics weigh on sentiment-TNS
4. Peace talks boost sentiment: PSX opens strong with 2,500-point gain-BR
5. Stocks lose 1,732 points more on profit-taking-DD
6. Volatile trading wipes out 1,732 points from KSE-100 index amid rollover pressure-PK
7. PSX: selling pressure intensifies-BR
8. Selling enters seventh day as KSE-100 Index loses over 1,700 points-BR
9. Stocks sink in brutal selloff-BR
10. Rupee gains 03 paisa against US Dollar in interbank trading-APP
11. Latest Currency Exchange Rates in Pakistan Today – October 31, 2025-PK
12. US Dollar to Pakistani Rupee Exchange Rate Today – October 31, 2025-PK
13. Dollar to PKR Exchange Rates-BR
14. Maybe Dr Copper has the answer-BR
15. Gold slips as Fed rate caution boosts dollar, set for 3rd monthly rise-BR
16. Gold price per tola climbs Rs3,500 in Pakistan-BR
17. Gold declines by Rs1,000 to Rs418,862 per tola-APP
18. Gold and Silver Prices in Pakistan – October 31, 2025-PK
19. Pakistan Gold today price & History with search of any date
20. Pakistan Silver today price & History with search of any date
21. World Gold & SIlver Prices Live and Gold Price World Price History
22. World Silver & Gold Price Live and Silver History (USD)
23. Spot rate keeps overnight level in process of trading-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Petroleum Prices in Pakistan from November 1, 2025 – Guess What’s Coming?-PK
2. Gas pipeline faces rupture risk as pressure crosses danger mark-TNS
3. Gas companies seeking 5pc increase in prices-BR
4. Ogra to review 10-year RLNG pricing-DD
5. Price review clause & quantity: Qatar LNG cargoes delivery strategy discussed-BR
6. Oil heads for third monthly decline as strong dollar, ample supply weigh-BR
7. Dar chairs meeting on infrastructure of petroleum sector-BR
8. CMOs partially meet KPIs amid reports of deteriorating quality-BR
9. Roshan Maeeshat: Right step but will it yield results?-BR
10. Net metering must evolve-BR
11. LESCO launches ‘e-office system’-BR
Weather Updates
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Punjab govt launches drive to enforce minimum wages-BR
2. MR vaccination campaign: WHO & GoP join hands to train 140,000 health workers-BR
3. PM hints at sending thousands of workers to Saudi Arabia-BR
4. Rs1.3bn worth of smuggled cigarette material seized in Lahore raid-ET
5. Collaboration for promoting woman skills development-APP
Other Pakistan
1. Ex-FBR chief Shabbar Zaidi booked over ‘unauthorised refunds’-DD
2. Govt 'aims to finalise' PIA privatisation by December-TNS
3. Four militants killed at Pak-Afghan border: ISPR-BR
4. PEC announces series of initiatives to empower South Punjab-BR
5. SC CB refers Mahrang’s plea to Practice, Procedure body-BR
6. President, PM discuss AJK situation-BR
7. NAB chairman visits construction site of housing project-BR
8. ATC reissues non-bailable arrest warrants for Aleema-BR
9. CJP, other SC judges bid farewell to Registrar-BR
10. Dairy, poultry and fish farming projects: Moot reviews possibilities under PPP-BR
11. ECP, Punjab govt to review steps for holding LG polls-BR
12. KP CM ready to cooperate with centre, rejects secret decisions-BR
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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