Latest News TLQC3357= Builder & Developers 7F tax returns PDF is not enabled on IRIS - KTBA | Case Law title | Islamabad Capital Territory (Tax on Services) Ordinance, 2001 | Consultant Support Materials
Logo

We would like to send you push notifications

You can unsubscribe at any time.

logo

DNVC of 31.10.25=8.5.47

31 October 2025

Author: Asif S Kasbati (FCA, FCMA & LLB)

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Fri, Oct 31, 2025 at 10:59 AM
Subject: DNVC of 31.10.25=8.5.47
 


 

Dear Learned Recipient

 

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

13.          Rs45bn liabilities issue resolved with IMF consent: PIA sell-off to be completed by year-end, Senate body told-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

3.             Customs Collectorate airports Karachi foils attempt to smuggle narcotics worth millions of rupees-APP

4.             Port Qasim reports active shipping movements on October 30, 2025-PK

5.             Rs1.1bn haul in cigarette crackdown-DD

6.             Shipping Intelligence-BR

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

8.             A monetary doom loop-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 

The Weather-BR

 

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)The Nation (TN) & Associated Press of Pakistan (APP)] and

(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


×