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12 October 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB).
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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 exceeds Q1 collection target-BR
2. FBR sets strict rules for liquidators to protect tax recovery in Tax Year 2027-PK
3. FBR can recover tax from persons holding money on behalf of taxpayers-PK
4. FBR explains when directors, shareholders must pay company tax Under Section 139-PK
5. FBR can recover tax through district officer in Tax Year 2027-PK
6. World Bank proposes USD200m to boost KP tax bases-BR
7. World Bank proposes $200 million financing to help KP nearly double tax revenue by 2031-PPT
8. Lums exempted from cantonment property tax before 2023 amendment-DD
9. Pakistan’s Banks Made Rs716 Billion | Are Taxpayers Funding Record Profits? - Youth Pakistan
10. ME war, high debt levels to dominate IMF-World Bank meetings- BR
11. Which government was it that gave its hands and feet to the IMF...
12. Finance minister heads to Bangkok for IMF, World Bank meetings-DD
Economy & Inflation matters (including Import, Export & CPEC)
1. Microfinance sector urged to shift focus from access to economic outcomes-TN
2. World Economic Forum presents case for ‘administrative redesign’ in Pakistan-DD
3. PBF supports SM Tanveer’s candidature for FPCCI presidency-BR
4. Amidst Pakistan's precarious economic situation, which 30 companies posted profits totaling Rs 716 billion this year? An investigative news story by Zulfiqar Ali Mahto.
5. Haroon, FCCI discuss rising industrial costs-BR
6. Rice export in hot waters-BR
7. Fresh valuation issued for imported almonds-BR
8. Negative effects of Free Trade agreements with 5 Countries done Nawaz Sharif Regime
9. Goods export: PTEA cautions govt about steep decline-BR
10. Developing countries to be affected unevenly as global economic growth set to slow: UN report-DD
11. KP to launch six-year fiscal reform programme-DD
12. 50kg cement bag price rises by Rs201 in a year-DD
13. Lost in aggregate numbers-ET
14. Rich nations must pay climate debt-ET
15. No straight path for markets-ET
16. Need for National Tax Court-ET
17. From stabilisation to growth-ET
18. Aurangzeb to hold over 60 engagements at World Bank-IMF meetings-TNS
19. Aurangzeb to represent Pakistan at World Bank-IMF Annual Meetings 2026-PK
20. Pakistan’s exports to UK up by 7.41pc to $413.80m in 2 months-TN
21. Export of footwear down 1.17pc to $33.21m in July-August-TN
22. Australian inflation rises to 4pc-TN
23. Sindh proposes $9.15m floating farming project for 100 villages-TN
24. Farmers’ body urges govt to announce wheat support price without delay-TN
25. Kissan Ittehad urges govt to announce wheat support price without delay-DTS
26. Farmers advised to use certified wheat seed in arid zone-TN
27. Housing Policy 2025 offers roadmap for affordable housing, says PIDCL CEO-TN
28. Karachi card or survival fear? BMG’s KCCI huddle questioned-DTS
29. Karachi business leaders cry foul over deteriorating civic infrastructure-PK
30. FPCCI convener calls for better workplace relations-DTS
31. FPCCI calls for industrial electricity tariff below 9 cents to boost exports-PPT
32. FPCCI demands electricity tariff below 9 cents to boost exports and industry-PK
33. Pakistan’s poultry exports remain below $4m despite major production capacity: Aurangzeb-PPT
34. Finance Minister vows local measures to address poultry sector issues-PK
35. Punjab approves Rs10bn flour subsidy amid rising wheat prices-PPT
36. Pakistan Customs fixes new import values for almonds at $1.41 to $3.81 per kilogram-PPT
37. PM Shehbaz orders installation of smart scanners at airports-DD
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP injects Rs10.91 trillion into banking system through conventional, Islamic OMOs-PPT
2. SBP simplifies documentation requirements for housing loans-PK
3. SBP receives $10.9 billion in workers’ remittances during Q1 FY27-PK
4. PM Shehbaz directs SBP to simplify housing loan approvals, speed up disbursements-PPT
5. Pakistan, Sweden eye first round of bilateral investment treaty talks in November 2026-PPT
6. Country’s nuclear safeguards pass first-ever IPPAS security review-DD
7. Remittances: The external lifeline holds-BR
8. World Bank in talks with dozens of countries about crisis aid, Banga says-BR
]9. International Monetary Fund borrowers face debt strain-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Stocks fall as geopolitical uncertainty offsets staff-level agreement with IMF-DD
2. No straight path for markets-ET
3. Dollar stays near 18-month high as Mideast conflict, inflation data in focus- BR
4. Gold gains on weaker oil, dollar; US inflation data in focus-BR
5. Gold prices gain Rs1,100 per tola in Pakistan-BR
6. Gold price in Pakistan for today, October 12, 2026-PPT
7. Weekly Cotton Review: Prices mixed in market amid thin trading-BR
8. APTMA urges Punjab govt to suspend 0.9% infrastructure cess on industrial imports-PPT
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies-BR
2. Iran says US response to its proposal to reopen Hormuz was 'insufficient'-BR
3. Shares cautious in Asia as earnings loom, oil slips-BR
4. SOEs: An unending burden on the exchequer-BR
5. Iran says US response to its proposal to reopen Hormuz was 'insufficient'-BR
6. Govt reduces petrol price by Re0.66 per litre, raises high-speed diesel rate by Re0.52-DD
7. Sui Southern Gas Company has announced new gas supply timings
8. NEPRA notifies electricity wheeling charges of Rs6.23 to Rs19.62 per unit for bulk consumers-PPT
9. Dreamliners to join PIA fleet next month-DD
10. KP leads Pakistan’s crude oil production with 49% share, Sindh dominates gas output-PPT
11. World Bank warns Pakistan against retaliation targeting complainants over Dasu project’s potential social impacts-PPT
12. IESCO notifies power suspension programme due to ongoing development projects-TN
13. Nepra clears use-of-system charges for competitive power market-DD
14. PQEPC opposes one-year limit on coal supply deals-BR
15. Indigenisation: Power sector urged to exceed 30pc local value addition-BR
Weather Updates
2. Prediction of rain with strong winds in most parts of country-BR
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Pakistani diabetes medicines match multinational brands: experts-BR
2. Costly medicines, chemotherapy: Around 25pc of JPMC cancer patients abandon treatment: officials-BR
3. More than 1,000 runners participate in IRU event-BR
4. Interview with Arshad Anis - President, Teach the World Foundation: ‘We, as a country, do not have the luxury of time anymore’-BR
5. Son & his Son’s Son are dedicated for Almighty Allah
6. European Countries Ki Hard Life — Apne Country Ki Qadar Karein”
Politics
1. Emergency, governor’s rule imposed in KP as president approves cabinet decision-DD
2. Emergency, governor’s rule imposed in KP-TN
3. Govt imposes emergency, governor’s rule in KP amid security concerns-TNS
4. Federal government imposes emergency, governor’s rule in Khyber-Pakhtunkhwa-PK
5. Federal government imposes governor’s rule in KP, cites surge in terrorism-APP
6. Federal govt seizes control of KP-DTS
7. Governor’s rule imposed in K-P for fourth time-ET
8. KP Governor’s Rule: An emergency in the street and state-DD
9. ‘No lesson learnt’: KP emergency evokes grim October memories-DD
10. Who are the members of the newly formed KP Advisory Council?-DD
11. Info minister alleges ‘nexus’ between PTI-led KP govt, terrorists-DD
12. Govt defends K-P emergency, alleges PTI-KP govt’s ‘nexus’ with terrorists-ET
13. Efforts to avert KP crisis failed despite repeated contacts: Naqvi-APP
14. Terrorism surged 195pc in KP, Cabinet told-TN
15. Governor’s rule and emergency imposed in KP — here’s what it means-DD
16. Timeline: A concise history of emergency rule in Pakistan-DD
17. What Is the Difference Between Emergency and Governor’s Rule in Pakistan?-DTS
18. Fazl accuses govt of reneging on its commitments after seeking his mediation with PTI-DD
19. Fazl accuses govt of backtracking on talks with PTI, rejects emergency in K-P-ET
20. Fazl accuses govt of betraying mediation efforts-TN
21. ‘Our fight is against terrorism’: Kundi chairs first meeting of KP Advisory Council-DD
22. Governor Kundi chairs first Advisor Council meeting, vows decisive action against terrorism-APP
23. Police, CTD capacity to be enhanced to counter security challenges: Governor Kundi-APP
24. Talal confident about restoration of KP security situation-TN
25. TTAP condemns imposition of governor’s rule, emergency in KP, calls move ‘unconstitutional’-DD
26. JUI-F chief Fazlur Rehman terms emergency, governor’s rule ‘attack on democracy’-TNS
27. PTI condemns emergency, governor’s rule in KP, urges Centre to reverse decision-TNS
28. PTI says governor’s rule an attack on public mandate-TN
29. PTI rejects emergency, governor’s rule in K-P as unconstitutional, vows to continue struggle-ET
30. PTI claims arrest of KP Chief Minister Sohail Afridi amid emergency, governor’s rule-PK
31. Amir Muqam welcomes Governor’s Rule in KP, calls for restoration of peace-APP
32. PML-N lawmakers criticise KP govt over security, governance-TN
33. Provincial regime sabotaged sincere peace efforts: PM-TN
34. PM says can’t allow PTI to detabilise economy-DTS
35. PM vows no more silence on terrorism-ET
36. Army deployed in KP to help civil administration-TN
37. Pakistan Army deployed in Khyber Pakhtunkhwa in aid of civil power-DD
38. State determined to rid K-P of terrorists, says Kundi at first advisory council meeting after governor’s rule-ET
39. PTI long march fizzles out in Swabi following emergency, governor’s rule-ET
40. Federal govt appoints new KP chief secretary-TN
41. Centre takes K-P’s reins-ET
42. KP emergency: schools, colleges and universities closed in many districts-PK
43. PM Shehbaz meets President Zardari as Centre mulls imposition of emergency in KP-DD
44. CM Afridi says will not accept ‘illegal move’ of governor’s rule or emergency in KP-DD
45. Emergency looms over KP as Centre-PTI rift widens-DD
46. Afridi invites people from across country to join PTI’s long march at Swabi Interchange on Oct 11-DD
47. Intercity transport suspended in Lahore, bus terminals reportedly sealed-DD
48. Tribesmen stopped from visiting ‘high-risk’ areas of Landi Kotal-DD
49. Two CDA officials suspended over tree cutting-DD
50. Balochistan CM Bugti assures opposition on mines, minerals, forest land-DD
51. Smaller provinces?-DD
52. Trial courts can dismiss time-barred suits on their own: SC-TN
53. Eviction of 5 Karachi firms upheld over rent default-TNS
54. PTI says it is a ‘grave political blunder’- BR
55. Effect of Governor Raj in KPK and JI is against the same
56. Limited action Muslims and not proper Muslim - know the the hard fact about us - Real Muslim features
57. 10.10.26 Hafiz Naeem Sb Emergency Press Conference, as Govt is not serious to abolish PDL, reduce unnecessary Govt Expenses, reduce policy rate to reduce interest expenses, elimination of Capacity payments to IPPs
Karachi
1. CM Murad voices concern over delays in Karachi Circular Railway revival-DD
2. Authorities seal UC office in Gulberg park over ‘illegal occupation’-DD
3. Awami Tehreek holds rally for Sindh’s rights in Qambar-DD
4. Sindh CM reaches China with comprehensive investment plan-DTS
5. Lahore police register 5,980 drug cases, arrest 6,199 suspects-DTS
6. Business community deplores increasing highway robberies-TN
7. 10,807 candidates take entry test in Sindh University-TN
8. Intellectuals, poets pay tribute to Shakir Aziz Seetai-TN
9. SAU’s Prof addresses scientific conference in Uzbekistan-TN
10. Hyderabad city business forum, plastic union felicitates newly-elected body of HCSTSI-TN
11. Bazm-e-Rooh Rihan celebrates 4th literary festival-TN
12. Sindh governor visits Heritage Conservation Projects being undertaken by PWCA-TN
Other Pakistan
1. PM Shehbaz condemns Houthi attack on Saudi airport that killed 12, wounded over 300- BR
2. Governor’s rule: Many questions remain unanswered-BR
3. Emergency, governor's rule imposed in KP as president approves cabinet decision-BR
4. Saudi, Iranian FMs discuss regional tensions-BR
5. No compromise will be made on constitutional rights of KP: Asad-BR
6. Daughters are blessing from Allah: Punjab CM-BR
7. Pakistan condemns Houthi attack on Riyadh airport-BR
8. CM Punjab condemns Houthi attack on Riyadh Airport-BR
9. PTI, TTAP vow to fight decision-BR
10. Federal govt forms 11-member advisory council to run KP affairs under governor-BR
11. One dead in new attack on Saudi airport, a day after Houthi strike kills 13-BR
12. A national emergency demands local bodies-BR
13. PSC’s 9th Annual HS&E Excellence Conference held-BR
14. Emergency, governor's rule imposed in KP as president approves cabinet decision- BR
15. PUC, allied bodies condemn Houthi attacks on Riyadh Airport-BR
16. CM praises forces- BR
17. 11 KP districts: Govt notifies ‘area development secretariats’-BR
18. Peoples Skyview Housing Project: KDA DG orders fast-tracking- BR
19. Sindh CM arrives in Beijing with comprehensive investment plan-BR
20. 11-member KP advisory council announced-BR
21. Islamabad on high alert following political tensions-BR
22. Riyadh airport hit by fresh Houthi strike-BR
23. Ghani calls for end to ethnic politics- BR
24. Kundi chairs Advisory Council, vows action against terrorism- BR
25. Operational readiness of QRUs: DG EPA Punjab conducts surprise inspection-BR
26. Soldier martyred, 12 terrorists killed as security forces foil infiltration attempt in Kurram: ISPR-DD
27. One soldier martyred, 12 terrorists killed as security forces foil infiltration attempt in Kurram: ISPR-ET
28. Security forces kill 12 terrorists, Afghan Taliban personnel in foiled Kurram infiltration bid-TNS
29. 10 terrorists killed during CTD operation in Barkhan, says Balochistan govt-DD
30. 10 terrorists killed in Barkhan operation-TNS
31. Balochistan govt approves reforms in key sectors-DD
32. Panjgur traders observe strike-DD
33. Four killed in road accident in Khuzdar-DD
34. Woman, son die as ‘toy-like device’ explodes in Multan-DD
35. Legal remedies-DD
36. Police carry out successful operation against drug peddlers-TN
37. Police arrest 47 suspects in anti-narcotics crackdown during month of September-TN
38. Pakistan capable of destroying terrorists, their patrons: President-TN
39. Traffic Police suspend licences of 170 drivers involved in fatal accidents-TN
40. Minister orders strict cleanliness measures, mechanical sweeping to curb smog-TN
41. Honhaar scholarships, laptops distribution in October, November-TN
42. Canadian MPs discuss religious harmony, Sikh heritage with Punjab minister-TN
43. AIOU extends enrollment deadline till Oct 19-APP
44. Islamabad Police launch Hajj, Umrah welfare scheme 2026, invite applications from employees-APP
45. One dead in new attack on Saudi airport, a day after Houthi strike kills 13-BR
46. Isaias weakens to Category 1 hurricane after Florida landfall, NHC says-BR
47. FIA activates official helpline for travellers-BR
48. Federal govt defends its action-BR
49. Transporters demand protection from robberies on M-9 Motorway-BR
50. Deployment of Army in KP notified-BR
51. Governor’s rule, Emergency imposed on KP-BR
52. RBI's Indian rupee boost to spur rally, trigger swings in forward premiums-BR
53. Pakistan condemns Houthi attack on Riyadh airport-BR
54. Magnitude 5.3 earthquake hits Indonesia's Minahasa, EMSC says-BR
55. Emergency, governor's rule imposed in KP as president approves cabinet decision-BR
United States
1. Trump sows doubt on plan to livestream US military execution-DD
2. Trump approves Fort Hood gunman’s execution; Vance questions livestream plan-TNS
3. US to livestream army firing squad execution of Fort Hood shooter, Pentagon says-DD
4. American barbarism-DD
5. US imposes sanctions on International Criminal Court, hours after Nobel award to former judge-DD
6. Trump admin sanctions ICC after Nobel award puts international justice in spotlight-TNS
7. Trump calls Nobel Peace Prize pick ‘disgraceful’-TNS
8. Trump says Nobel winner Pillay ‘hates Israel,’ slams Norway for not giving him prize-TN
9. Navi Pillay’s Nobel Peace Prize is a rebuke to Trump-ET
10. Anthropic AI model sent fake murder tip to US police in Philadelphia-DD
11. Anthropic discloses fake tip to police among new rogue AI incidents-ET
12. Bill Gates warns cyberattacks most imminent AI threat-ET
13. Turkiye social media ban for under-15s takes effect Nov 1-DD
14. Powerful earthquake damages homes across Panama, cuts power in six provinces-TNS
15. Trump urges Ukraine to replace Zelenskiy amid Russia diesel deal dispute-DTS
16. Trump’s trade wars sting US manufacturers ahead of midterms-DTS
17. Hurricane Simon strengthens to Category 4 near Mexico-DTS
18. Brazil’s Lula accuses Meta of election interference-ET
19. Eight killed in shooting at Pennsylvania home-TNS
Other International
1. Houthi strike on Riyadh airport kills 12; Saudi-led coalition vows ‘decisive’ response to worst attack on kingdom in a decade-DD
2. Riyadh airport hit by fresh Houthi strike day after deadly attack-DD
3. Saudi-led coalition says new attack at Riyadh airport causes fire, day after strike kills 13-ET
4. Saudi airport attack kills 12, wounds over 300-TNS
5. New attack hits Riyadh airport, says Saudi coalition-DTS
6. International outcry grows after deadly Houthi attack on Riyadh airport-DTS
7. Houthi attack on Riyadh airport a heinous act of terrorism: Pakistan-TN
8. Six Pakistanis injured in Houthi attack on Riyadh airport-TNS
9. Gilani condemns Houthi rebels’ attack on King Khalid International Airport in Riyadh-TN
10. FM Dar condemns Houthi attack on Riyadh airport, says Pakistan is in touch with Saudi authorities-ET
11. FO reiterates Pakistan’s ‘firm and unshakeable’ commitment to Saudi Arabia’s security after Riyadh attack-DD
12. Pakistan reaffirms commitment to Saudi security at UN Security Council-DD
13. PM reaffirms commitment to KSA security-TN
14. Pakistan’s Yemen moment-DD
15. Parliament’s place-DD
16. Araghchi warns of environmental risks from US-Israeli attacks on oil facilities-TN
17. Araghchi warns of environmental risks from attacks on oil facilities-DTS
18. Iran says US response to its proposal to reopen Hormuz was ‘insufficient’-DD
19. US military disables cargo ship attempting to breach Iran blockade-DTS
20. Trump says Russia and Ukraine reach energy ceasefire ‘effective immediately’-ET
21. Trump claims Ukraine and Russia have agreed to energy ceasefire-TN
22. Ukraine strikes Yandex data centre in third attack on Russian tech giant-TN
23. Nepal urges villagers to evacuate after flood triggered by landslide, 5 missing-ET
24. At least 139 migrants dead, including some children, after boat from Djibouti to Yemen capsizes, UN agency says-DD
25. 139 migrants, including 15 children dead after boat from Djibouti to Yemen capsizes, UN agency says-ET
26. 139 migrants die after boat from Djibouti to Yemen capsizes-TN
27. Children among 139 migrants dead as boat from Djibouti to Yemen capsizes-DTS
28. Indian court releases ‘cockroach’ movement leaders from detention-DD
29. India detains thousands, locks down Delhi to crush protest against election chief-TNS
30. India’s ‘cockroach’ movement chief detained ahead of major protest-TNS
31. Protesters detained for second day during rallies against election chief-DTS
32. Hundreds rally outside US Capitol to demand arms embargo against Israel-TN
33. One year after ceasefire, Gaza’s promised ‘day after’ has yet to arrive-ET
34. Israeli strikes kill five in Gaza-DD
35. Eliminating the past-DD
36. Disturbing the peace-DD
37. Navi Pillay — South Africa’s global rights activist and Nobel winner-DD
38. Navi Pillay, former UN human rights chief, wins Nobel Peace Prize-TN
39. Poland investigates alleged plot to assassinate premier, defense minister-ET
41. Azerbaijan showcases its culture at 4th World Cultures Festival in Ankara-TN
42. King and Queen of Belgian visit Astana today on 14-event program-TN
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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Kasbati & Co Team
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