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.           Tax disputes: FBR introduces digital solution-BR

2.           Refineries’ upgradation: Sales tax waived on capital goods imports-BR

3.           FBR proposes bank data integration to detect tax evasion-TNS

4.           IR officials get enhanced sales tax audit powers-BR

5.           Minimum tax for certain traders doubled-BR

6.           NA panel concerned at fixed tax scheme for traders-BR

7.           Traders seek removal of fixed tax component from newly-proposed scheme-BR

8.           Tax relief unlocks path for $6bn refinery upgrade project-TNS

9.           New definition of cost of immovable property received thru inheritance proposed-BR

10.       18pc sales tax abolished on shipping sector-DD

11.       Pakistan abolishes 18% sales tax on shipping industry-PK

12.       Sec 47AAA introduced in Finance Bill: IR appeals will be vetted by scrutiny committee-BR

13.       Documentation push: ATL surcharge goes up-BR

14.       Plastic manufacturers flag concerns over new tax measures-TNS

15.       Finance minister addresses post-budget press conference: ‘We’re now moving forward toward growth’- BR

16.       BUDGET 2026-27: Govt shifts focus to tax enforcement-DD

17.       Finance Bill 2026: Two committees to identify, remove business & technical anomalies-BR

18.       Budget FY27: PBC welcomes several growth-oriented steps-BR

19.       BUDGET 2026-27: Steeper fines introduced for tax compliance-DD

20.       PTEA says it’s a ‘balanced, growth-oriented budget’-BR

21.       BUDGET 2026-27: Govt slammed over provincial freeze as budget debate opens-DD

22.       BUDGET 2026-27:Budget presentation overshadowed by PPP, PTI protests-DD

23.       BUDGET 2026-27: Rs5.29bn set aside for training of 120,000 youth in IT, digital skills-DD

24.       Budget 2026-27 sets direction towards growth: Aurangzeb-PK

25.       Budget relief, strong remittances to keep PSX positive-TNS

26.       PBF voices its concerns over several key aspects of budget-BR

27.       Policy philosophy correction budget needed—II-BR

28.       SM Tanveer calls Budget FY27 growth oriented-TNS

29.       Budget 2026-27: HEC’s recurring grant kept unchanged despite demand for significant increase-DD

30.       BUDGET 2026-27: Business leaders see no vision for manufacturing, export sectors-DD

31.       Farmer wing of PTI rejects budget-BR

32.       Budget 2026-27: Govt institutionalises budget for disaster management-DD

33.       Heated budget debate: PM extends an olive branch to opposition-BR

34.       Finance minister terms proposed FY27 budget as 'significant progress' in path to economic growth-DD

35.       MWM leader terms budget ‘IMF-imposed, anti-people and anti-poor’-TNS

36.       PD, IMF discuss gas sector circular debt settlement plan-BR

37.      Budget: annual ritual of fiscal survival-BR

38.       Budget presser-DD

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

1.           ECONOMIC SURVEY 2025-26: Digital economy grows as IT sector posts gains-DD

2.           Budget fails to meet real economic needs: HSATI=-BR

3.           PTI farmers wing slams budget as ‘anti-agriculture’-DD

4.           Agriculture largely ignored-DD

5.           Aurangzeb says provinces to give Centre Rs1.035tr for defence, to deal with Gulf impact-TNS

6.           Duty raised on EVs priced above Rs20m in FY27-DD

7.           Rs476bn allocated for green equipment-BR

8.           Trade bodies, business leaders laud ‘balanced budget’-BR

9.           Trade bodies, business leaders across country laud govt for presenting ‘balanced budget’-TNS

10.       Outsourcing seized goods’ auction: Senate panel approves customs proposal-BR

11.       Subsidies cut by 8pc to Rs1.09tr-DD

12.       Prices of essential kitchen items show mixed trend-BR

13.       Weekly inflation up 0.16pc-TNS

36+ Customs Duty (including PSW) 

Customs duty rates on 92 tariff lines lowered-BR

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

1.             PHMA urges SBP not to hike rates-BR

2.             Banks can’t block citizens’ bank accounts without legal reason: IHC-TNS

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

1.             KSE-100 index gains 1.13% weekly amid budget announcement-PK

2.             Rupee seen stable on strong inflows-TNS

3.             Gold price per tola gains Rs4,370 in Pakistan-BR

4.             Gold rates up Rs4,370 per tola-TNS

5.             Pakistan Gold Prices Extend Rally as Bullion Gains Rs11,620 in Two Days-PK

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

1.           Brent falls to lowest since March on likely peace deal-BR

2.           Oil prices fall sharply-DD

3.           Wapda chairman calls for strict adherence to treaties of shared water resources-DD

Weather Updates 

The Weather-BR

Other Pakistan

1.           PM Office addl secy appointed-TNS

2.           PM invites PPP to form GB govt; ‘N’ to sit in opposition-DD

3.           PM’s aide says external elements funding banned outfit in AJK-TNS

4.           Shehbaz renews talks offer to opposition-TNS

5.           CoC for apex court judges: SJC approves amendments-BR

6.           SJC allows judges to attend political, diplomatic events with prior approval-TNS

7.           PTEA hails budget as growth catalyst, seeks swift refund clearance-TNS

8.           CCoP reviews PIACL divestment closing progress-BR

9.           Bilawal demands G-B CEC’s resignation-BR

10.       Senate, NA finance committees raise concerns over 'ambitious' revenue target for FY27-BR

11.       LCCI holds seminar to promote religious tolerance-BR

12.       Int’l Albinism Awareness Day: CM calls for protection of rights of persons with albinism-BR

13.       G-B elections-related complaints to be decided tomorrow: CEC-BR

14.       Alleged militant commander killed in Bannu; attempt to destroy link bridge foiled-DD

15.       CM Murad inaugurates Karachi's Empress Market after restoration-DD

16.       Laptops distributed at Metropolitan University: Sindh Governor urges young to embrace modern technology-BR

17.       North Waziristan: CM commends security forces for killing 48 terrorists-BR

18.       AJK-SCBA president urges protesters to surrender-TNS

19.       Bilawal contacts Gilgit-Baltistan PPP president-TNS

20.       Senate committee begins finance bill scrutiny-TNS

21.       Shehbaz hopes for US-Iran peace deal within 24 hours-BR

22.       Islamabad MoU nears finalisation as US, Iran clash on signing date-DD

23.       NCCIA prioritises cases of blackmail, harassment of women; arrests 10 in Punjab-DD

24.       Four ringleaders among 21 India-backed terrorists killed in KP IBOs: ISPR-TNS

25.       CEC hears GB poll petitions; decisions tomorrow-DD

26.       PHC again seeks case records in pleas to withdraw May 9 cases-TNS

27.       Dar talks to Swiss, Saudi, and Egyptian FMs-BR

28.       Pakistani, US physicians agree to enhance academic, professional collaboration-TNS

29.       ‘Workers, poor ignored in budget’-TNS

30.       Partial strike persists across AJK as JAAC sit-ins continue-DD

31.       CTD claims arrest of suspect supplying drone technology to TTP in Karachi-DD

32.       Punjab to host country’s biggest sports event in Oct-TNS

33.       Maryam stresses a society where no one is inferior-TNS

34.       Federal Constitutional Court allocated Rs6bn, Supreme Court gets Rs7.44bn-DD

35.       ‘Clinic on Wheels’ service for journalists launched-TNS

36.       GB lifts Shandur polo trophy after 15 years-DD

37.       Balochistan bar condemns attack on lawyer’s son-DD

38.       Balochistan govt committed to pro-people budget: Bugti-DD

39.       KU takes initiative to create opportunities for students, faculty through advanced digital facilities-TNS

40.       Proposed JCP interview panel draws resistance from lawyers-DD

41.       Baldia factory fire: Victims demand re-examination of evidence against factory owners, institutions-TNS

42.       21 terrorists killed in North Waziristan in 72 hours: ISPR

43.       Balochistan IGP, customs chief assure traders of security, facilitation-DD

44.       Youths should lead the future through technology, education and skills: Nehal-TNS

45.       Saifuddin urges Centre to announce Rs500bn special package for Karachi-TNS

46.       Pakistan preparing for e-signing of US-Iran deal likely to be finalised within 24 hours: Shehbaz : Trump says deal will be signed today, Iran questions timing-TNS

Other international

1.           Trump says Iran peace deal to be signed today, opening Hormuz- BR

2.           Trump’s name removed from Washington arts centre-TNS

3.           UK, Japan set to agree $24 billion investment, tech partnerships-BR

4.           US, Iran inch closer to deal, timing remains unclear-BR

5.           Trump to meet Middle East leaders at G7 summit-DD

The below news items are extracted after sending yesterday email:

(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), The News (TNS), 

(B) 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