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KQU 3625 for 30.10.25 = 7.5.47 Morning

30 October 2025

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

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Thu, Oct 30, 2025 at 10:05 AM
Subject: KQU 3625 for 30.10.25 = 7.5.47 Morning
 
Dear Learned Recipient

 

If your Goodself gets this email without Links, please contact us immediately.

 

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.             FTO accuses FBR, PRAL of maladministration in taxpayer services, orders overhaul of helpline

2.             FTO blames FBR, its wing PRAL for maladministration

3.             FBR issues password alert for taxpayers amid IT system vulnerability reports

4.             FBR denies cyberattack claims

5.             Committee for Resolving Taxpayers’ Issues in Online Filing of Income Tax Returns

6.             Middle Class & Taxes

7.             One-third of Pakistan's taxpayers declare zero income in returns

8.             For Change Slogan implication in Real sense, one has to change his & team rights first - Ex FBR Chairman Syed Shabbar Zaidi Sb

9.             Additional Charge to Mir Badshah Khan Wazir (IRS/BS-21)

10.          Charge Assumption of Mr. Murtaza Siddique Khan (IRS/BS-19)

11.          Charge Assumption of Ms. Hina Akram (IRS/BS-20)

 

Economy & Inflation matters (including Import, Export & CPEC)

1.             Changing geopolitical environment reshapes science, technology and innovation policy, says OECD

2.             Federal Minister for Law and Justice Highlights Pakistan’s Legal Reforms and Digital Initiatives at SCO Justice Ministers’ Meeting

3.             Pakistan–Africa Trade Development Conference Day Two Strengthens Partnerships and Celebrates Cultural Ties

4.             Pakistan and UAE to Strengthen Cooperation in Date Sector — Focus on Value Addition and Export Growth

5.             Ministry of IT & Telecom Drives National Innovation Through Flagship Technology Programs

6.             *Federal Minister for Science and Technology Khalid Hussain Magsi meets Federal Minister for Defence Production Muhammad Raza Hayat *

7.             Tanveer vows to modernize date sector’s processing, marketing

8.             Khurram Schehzad Highlights Government’s Reform and Cashless Economy Agenda at 5th Pakistan Future of Retail Business Summit & Expo

9.             H.E. Dr. Shezra Mansab Ali Kharal, Minister of State for Climate Change and Environmental Coordination attended the 14th Session of the Assembly and 18th Session of the Council of the Global Green Growth Institute (GGGI) in Seoul, Republic of Korea being held between 29th and 31st October 2025.

 

36+ Customs Duty (including PSW)

1.             Expected Arrivals

2.             Ships off Karachi Port

3.             Ships on Karachi Port

4.             Customs Foils Major Attempt to Smuggle “Methadone”-A High-Risk Drug of Abuse at Taftan Border

 

460+ Company Laws

1.             SECP Holds High-Level Consultation on Reforming Pakistan's Cost Audit Regime

2.             Bangladesh State Minister and High Commission Delegation Visit SECP to Enhance Bilateral Cooperation in Financial Secto

3.             SECP Holds High-Level Consultation on Reforming Pakistan's Cost Audit Regime

 

300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)

1.             Kibor Rates 29.10.25

2.             Assessing and Managing Debt-Related Fiscal Risks-Collaborative Program

 

13+ Financial Reporting (including Audit & Assurance)

1.             IPSASB aligns materiality definitions

2.             AICPA Recognizes 16 Outstanding Contributors to Forensic and Valuation Fields at Annual Conference

3.             GenAI Research Tool Offers Information and Insights from AICPA’s Professional Library

 

320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)

1.             Global Employer Services News

2.             Abrar Ahmad, Educationist and Institutional Leadership Expert

3.             Vision Loss lead 850K Thermoses taken back by Walmart - Let us that these are not Dump to Pakistan or Other Third World Poor Countries - Be Careful while buying any such items

 

POL, Gas, other Minerals & Electricity (including Solar & Water)

1.             K-Electric may face bankruptcy in two years, warns ex-FBR chief

2.             Order of the Authority in the Matter of Show Cause Notice issued to GEPCO under Section 27B of the NEPRA Act on account of Continued violation with regard to earthing/ grounding of HT/LT Structures

3.             Order of the Authority in the Matter of Show Cause Notice issued to GEPCO under Regulation 4(8) & 4(9) of NEPRA (Fine) Regulations, 2021 on account of Decline in Performance with respect to Transmission and Distribution (T&D) losses and Recovery

4.             Order of the Authority in the Matter of Show Cause Notice issued to FESCO under Regulation 4(8) & 4(9) of NEPRA (Fine) Regulations, 2021 on account of Decline in Performance with respect to Transmission and Distribution (T&D) losses and Recovery

5.             Order of the Authority in the Matter of Show Cause Notice issued to QESCO under Regulation 4(8) & 4(9) of NEPRA (Fine) Regulations, 2021 on account of Decline in Performance with respect to Transmission and Distribution (T&D) losses and Recovery

6.             Order of the Authority in the Matter of Show Cause Notice issued to CEO-HESCO dated 13.02.2025 on account of non-compliance with the directions of the Authority hearing regarding Quarterly Adjustment of XW-DISCOs for the 3rd Quarter of FY 2023-24 of Safety Directorate/ Department under Regulation 4(8) & 4(9) of NEPRA (Fine) Regulations, 2021

7.             Notice of Hearing - Hearing regarding Quarterly Adjustments of XWDISCOs on account of Capacity Charges, Transmission Charges & MOF, Variable Operation & Maintenance Charges, Impact of Incremental Units and Impact of T&D Losses on FCA for the 1st uarter of FY 2025-26

8.             Application for Quarterly Adjustments of XWDISCOs on account of Capacity Charges, Transmission Charges & MOF, Variable Operation & Maintenance Charges, Impact of Incremental Units and Impact of T&D Losses on FCA for the 1st uarter of FY 2025-26

9.             Notice of Hearing - Hearing regarding Petition filed by HAZECO for Determination of Supply Tariff for FY 2025-26

10.          Petition filed by HAZECO for Determination of Supply Tariff for FY 2025-26

11.          Issues in the matter of Petitions filed by HAZECO for Determination of Its Distribution and Supply Tariff for the FY 2025-26

12.          Notice of Hearing - Hearing regarding Petition filed by HAZECO for Determination of Distribution Tariff for FY 2025-26

13.          Petition filed by HAZECO for Determination of Supply Tariff for FY 2025-26

14.          Issues in the matter of Petitions filed by HAZECO for Determination of Its Distribution and Supply Tariff for the FY 2025-26

15.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that MEPCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

16.          MEPCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30.

17.          Issues for Hearing - Multi Year Tariff Petition filed by MEPCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

18.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that MEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

19.          MEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30.

20.          Issues for Hearing - Multi Year Tariff Petition filed by MEPCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

21.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that SEPCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

22.          SEPCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30.

23.          Issues for Hearing - Multi Year Tariff Petition filed by SEPCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

24.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that SEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

25.          SEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30.

26.          Issues for Hearing - Multi Year Tariff Petition filed by SEPCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

27.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that HESCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

28.          HESCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30.

29.          Issues for Hearing - Multi Year Tariff Petition filed by HESCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

30.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that HESCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

31.          HESCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30.

32.          Issues for Hearing - Multi Year Tariff Petition filed by HESCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

33.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that GEPCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

34.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that GEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

35.          GEPCO has filed petition with NEPRA for the determination of its tariff for Distribution of electric power for the FY 2025-26 to FY 2029-30.

36.          Issues for Hearing - Multi Year Tariff Petition filed by GEPCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

37.          Notice of Admission/ Hearing - Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that QESCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

38.          QESCO has filed petition with NEPRA for the determination of its tariff for Supply of electric power for the FY 2025-26 to FY 2029-30.

39.          Issues for Hearing - Multi Year Tariff Petition filed by QESCO for Determination of Tariff for its Distribution and Supply of Power for the FY 2025-26 to FY 2029-30

40.          Notice of Admission/ Hearing - All stakeholders, interested/ affected persons and the General Public are notified that QESCO has filed petition with NEPRA for the determination of its tariff for distribution of electric power for the FY 2025-26 to FY 2029-30. The same has been admitted by the Authority

41.          QESCO has filed petition with NEPRA for the determination of its tariff for distribution of electric power for the FY 2025-26 to FY 2029-30.

 

Market (Stock, Currency, Gold, Textile, Cotton & PMEX)

1.             Market Summary

2.             Data Portal

3.             Stock Market Report

 

Weather Updates

1.             Weather Forecast

2.             Synoptic Situation

3.             3 Days Weather Forecast

4.             Rainfall

5.             Maximum Temperature (Last 24 Hours)

6.             Karachi Rain Forecast with expected rain Quantity in inches

7.             Lahore Rain Forecast with expected rain Quantity in inches

8.             Islamabad Rain Forecast with expected rain Quantity in inches

 

Palestine

Ibrahim Card details - Be careful about Israel & Cristian Conspiracy

 

Karachi, Lahore & Islamabad issues 

1.             Legal Notice Karachi Govt, etc on Karachi E-Challan, etc

2.             In Karachi E-Challan are 20 times more than Punjab but Road, Transportation Other Facilities 20 times less than Lahore

3.             Karachi E-Challan are several times more than Lahore - Karachi Jamaat e Islami Team analyzed the same

4.             You will be surprised to know (by watching this video) as to why Karachi Traffic Police & Other Agencies donot issue E-Challans OR any action against Water Tankers & Dumpers Mafia

5.             Karachi Red Bus lane be completed immediately - Jamaat e Islami Protest March on 1.11.25 for Public favour

 

Miscellaneous - Important

SC Issues the First ever Quarterly Newsletter (29-Oct-2025)

 

Miscellaneous - Others

1.             Pakistan, Turkiye share bond of fraternity, brotherhood: PM

2.             Minister of State for Law and Justice Attends Celebration of Türkiye’s National Day

3.             Federal Minister for National Food Security and Research Rana Tanveer Hussain meeting with Canadian High Commissio...

4.             Canadian High Commissioner Calls on Federal Minister for Law and Justice Senator Azam Nazeer Tarar

5.             President, PM laud security forces for successful operation against Khwarij

6.             Armed Forces fully capable to counter misadventures: Kh Asif

7.             Defence Minister takes strong exception to venomous statements by Afghan officials

8.             Security forces kill seven Khwarij in Kurram IBO

9.             Navy fully prepared to uphold national sovereignty: Naval Chief

10.          Stakeholders in Peshawar Call for Stronger RTI Enforcement and Passage of Journalists’ Protection Bill

 

Transfer & Postings (ORS/BS 18 or below)

1.             Suspension of (BS-16) Officers of Customs Department 

2.             Retirement of Mr. Abid Aziz, Appraising Officer (TS-17) 

3.             Suspension of (BS-16) Officers of Customs Department 

4.             Look After Charge to Mr. Ghulam Hussain, Accounts Officer (BS-18)  

5.             Voluntary Retirement of Mr. Muhammad Imtiaz Baig, Superintendent (TS-17)

6.             Restoration of Performance Allowance of Mr. Muhammad Yousaf (IRS/BS-18)

 

 

Kasbati Quick Updating Services is based on reviewing an average 125+ pages a day on 100+ websites and 7+ Pakistan based Important WhatsApp groups by 5 specialized team members, covering average 15+ hours at different timing slots, under the Leadership of Mr Asif S Kasbati (FCA, FCMA & LLB).

 

Best regards

Kasbati & Co Team

 

*Disclaimer: This is found from certain reliable/unreliable WhatsApp(s), however, its authenticity could not be verified from relevant websites till release of this Kasbati Quick Updates.


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