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17 July 2026
Author: Mr 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. Penalty and default surcharge: FBR grants over Rs4bn exemptions to PIACL-BR
2. FBR exempts PIA from Rs4.29 billion in tax surcharges, penalties-DD
3. FBR waives Rs4.29bn tax surcharge, penalties for PIACL-TNS
4. Federal Tax Ombudsman declines review petition-BR
5. Beyond Rs 13 trillion tax collection!-BR
6. Akram given additional charge as ATIR Islamabad-BR
7. Punjab makes e-payment mandatory for property tax transactions-PK
8. Reflections on provincial budgets FY27—IV-TNS
9. Finance Act 2026 FBR Final Decision on Fixed Tax Scheme Government's Biggest Announcement Explained
Economy & Inflation matters (including Import, Export & CPEC)
1. Regional tensions threaten economy: PM for ensuring fuel supplies-BR
2. GM maize commercialization: Economic implications examined-BR
3. ‘Capital markets key to economic growth’-DD
4. PM Shehbaz flags US-Iran economic risk-DD
5. Pakistan urged to prepare skilled workforce for changing global economy-TNS
6. OPINION: Reconnecting Eurasia — how Pakistan is building a new vision for trade and regional connectivity-DD
7. 75th anniversary of Pak-China ties: Punjab PA opens photo expo-BR
8. Barren reforms-DD
9. Caution: danger ahead-DD
10. Dar, Wang vow to deepen Pak-China ties-TNS
11. PIA’s fleet will be expanded to 60 aircraft: Arif Habib-BR
12. Pakistan likely to be drawn into US-Iran conflict-BR
13. China's Xi promotes China's commitment to AI access in speech at Shanghai conference-BR
14. PIACL privatization: PC asked to secure corporate guarantees, regulatory confirmations-BR
15. The vanishing rights of contract workers -TNS
16. LSM growth steadies- BR
17. Outsourcing Islamabad airport operations-DD
18. Dar arrives in China-BR
19. Over 172,000 tonnes of wheat recovered from hoarders, Sindh CM told-DD
20. Murad orders uninterrupted wheat supply, stricter crackdown on hoarding-TNS
21. Sindh CM orders crackdown on wheat hoarders, profiteers-BR
22. Punjab introduces modern food safety reforms-BR
23. Food import bill jumps to $9.1bn on higher sugar, edible oil purchases in FY26-DD
24. PBS data contradicts govt’s seafood export claim-BR
25. Global trade: FPCCI for empowering women entrepreneurs: VP-BR
26. Govt to ensure adequate wheat, fuel supplies: Ahad Cheema-BR
27. Action against hoarders reduced wheat prices by 13pc: Sharjeel-TNS
28. Tomato, onion prices soar in Pindi amid supply concerns-DD
29. TDAP hosts 11-member Iranian business delegation-BR
30. Fish export data sparks confusion-DD
31. PRGMEA urges govt to address issues- BR
32. Surplus refined sugar: Govt rejects PSMA’s request to export-BR
33. Dar, Wang discuss trade and investment-BR
36+ Customs Duty (including PSW)
Pakistan receives first RoRo vessel carrying over 2,000 EVs-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP-held foreign exchange reserves fall $1.245bn on external debt repayments-BR
2. Annual sales turnover enhanced: SBP revises regulations for SMEs financing-BR
3. SBP reserves fall $1.2bn-DD
4. Retail digital transactions hit 12bn, says SBP chief-DD
5. SBP forex reserves drop $1.245bn to $17.225bn as of July 10-TNS
6. Gulf war triggers investment outflow from Pakistan-DD
7. The cost of insecurity-BR
8. Investment in critical minerals falls in 2025: IEA-BR
9. Heavy debt repayments: Forex reserves drop by over USD1bn-BR
10. Private sector credit increases to Rs11.38 trillion by end June-TNS
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Negative sentiment at PSX, KSE-100 down over 500 points-BR
2. Stocks stumble, oil set for weekly gain on renewed Gulf hostilities-BR
3. Bargain hunting drives index above 178,000-DD
4. PSX stages 'strong recovery' as KSE-100 index gains 2,800 points-DD
5. PSX extends recovery as KSE-100 index surges 2,838 points-PK
6. KSE-100 extends rally, gains 2,838 points-TNS
7. Pakistan's top 10 listed companies: FY26 market cap leaders on the PSX-BR
8. Dollar set for weekly drop as traders cut wagers on rate hikes-BR
9. Rupee inches higher-TNS
10. Gold on track for biggest weekly loss in six as Iran war fans inflation worries-BR
11. Gold rates up Rs400 per tola-TNS
12. Textile exporters urge PM to intervene as exports stagnate at $17.9bn-TNS
13. Textile exports stagnate at $17.9bn in FY26-DD
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil rises on intensifying US-Iran hostilities and threat of Red Sea closure-BR
2. Govt alerted about possible hoarding of POL products-BR
3. Oil settles lower- BR
4. Oil industry prompts government to discourage hoarding as petrol stocks decline to 14-day cover-DD
5. Fact check: Viral video does not show Iranian Navy destroying ship in Strait of Hormuz amid renewed hostilities-DD
6. Pakistan edible oil imports rise 4.18% in FY2025-26-PK
7. Pakistan petroleum crude exports plunge nearly 50% in FY2025-26-PK
8. HSD price may surge by Rs40 per litre, petrol Rs10-TNS
9. PPDA concerned over possibility of petrol shortage-BR
10. No fuel shortage in country, says govt-TNS
11. Who decides what you pay at the pump?-TNS
12. Fewer vessels travel through Hormuz after US resumes blockade-TNS
13. Shoro leads 13 members team to WAPDA House-BR
14. Govt may increase June FCA by Rs1.20 per unit-BR
15. ISMO agrees to include 269MW hybrid Dhabeji as optimised project-BR
16. Net-metering regime: Solar generation surges in FY26: Advisor- BR
17. Capital Development Authority proposes increase in water charges amid mounting scarcity-DD
Weather Updates
The Weather-BR
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Unregistered drug factory sealed in Islamabad-DD
2. Chinese medicine boosts healthcare cooperation-BR
3. Doctors end Balochistan strike, resume OPD services at hospitals-DD
4. Applications invited from young agricultural graduates-BR
5. Pakistan, ILO, WHO to support 20,000 health workers-BR
6. Over 9.3m births registered in 17 months-TNS
7. 29 states sign agreement to establish global AI cooperation body-BR
8. PSDF sign MoU with TANG, CGPTC-BR
9. The Evolution of Television
10. Father’s role and value summarized version
Other Pakistan
1. PM lauds Dr Farooq’s literary, scholarly contributions-BR
2. Award, resignation & appointment: President approves three summaries-BR
3. PM orders complete preparedness amid ME tensions, lauds public support for austerity, fuel-saving drive: Trump ‘open to diplomacy’ as Iran, US step up attacks-TNS
4. PM Shehbaz directs remittances from abroad be fully digitised-DD
5. Senate body reviews forest management framework in GB-DD
6. Senate panel approves ‘Netting of Financial Arrangements Bill’-BR
7. Senate body directs PTA to finalise uniform eSIM transfer policy-BR
8. ECP asks PM Shehbaz to intervene for sake of LG polls in cantonments-DD
9. President okays 3 summaries on PM’s advice-TNS
10. Senate panel meeting: Ministry, BISP differ over filling sanctioned posts-TNS
11. OPF Chairman rejects JACC-linked social media account claims-BR
12. Senate panel presses for staff honorariums-DD
13. Remand extended in foreign nationals’ case-BR
14. Judicial independence: PTI welcomes FIDH, HRCP report-BR
15. SC reserves verdict on FCC’s bail jurisdiction in NAB appeals-DD
16. Rochdale ringleader’s deportation has nothing to do with Pakistan’-DD
17. Placentas’ case: judgement on bail plea reserved-BR
18. South Air begins flight operations from JIAP on two new routes-BR
19. CM Bugti vows tougher actions as operation continues-DD
20. Appointment of guardian mandatory for minor children, rules FCC-TNS
21. Authorities going ‘extra mile’ in the absence of flood data-DD
22. Naqvi, Boeing chief discuss acquisition of 16 aircraft for PIA-TNS
23. ECP seeks PM’s intervention for LG polls in 42 cantonments-TNS
24. Guidelines issued to protect property rights of children-DD
25. Justice beyond procedure-BR
26. ‘Quality treatment facilities to people top priority’-BR
27. Rangers’ hit-and-run case: ATC seeks arguments on plea-BR
28. Wahdat Poultry board approves expansion plan-BR
29. CM launches e-bus service in five more districts-BR
30. Torkham border closure, trade suspension hit Landi Kotal hard-DD
31. CM aide says KP govt launching green bus service at divisional level-TNS
32. Sindh seeks explanation from HEC over alleged violation of provincial quota in key appointments-TNS
33. Sadiq Khan appointed to House of Lords-DD
34. Sadiq Khan made Lord as Starmer names new House of Lords appointments-TNS
35. CM announces 100,000 laptops, 50,000 additional Honahaar scholarships-BR
36. Nation has highest respect for its martyrs: governor-BR
37. Punjab CM inaugurates school in Sahiwal-DD
38. Data Vault, NTC sign contract on sovereign AI services-BR
39. Pakistan urges Iran, US to resume technical-level talks-BR
40. CM Academies Games from August 6-TNS
41. MCCI opposes proposed winding up of joint director industries’ office-TNS
42. ‘Loralai has the right potential to be a major trade hub’-BR
43. MA degree holder working as sweeper a ‘major tragedy’: FCC judge-TNS
44. Nadra-linked digital identity planned for students in Sindh-DD
45. EU warns Pakistan GSP+ hinges on human rights progress-BR
46. Minister for issuing medicolegal reports online-TNS
47. Mediation challenged but Islamabad MoU still pathway to Iran-US peace: FO-TNS
48. AI cameras to detect no-parking violations, e-challans to be issued in Karachi-TNS
49. House fire kills family of 6 in Peshawar: Rescue 1122-DD
50. IHC reserves verdict on petition against repatriation of Pakistan Bait-ul-Maal DG-TNS
51. Efforts on to engage with AJK protesters ahead of polls-DD
52. Domestic flight operations resume at Bahawalpur airport-BR
53. CDF Munir meets Turkish President Erdogan, armed forces chief in Ankara: ISPR-DD
54. Uniform policy for free e-SIM transfer in the works-DD
55. Jaffarabad farmers warn of water demo-DD
56. Cop martyred, 10 others injured in attack on Bannu's Miryan police station-DD
57. NP condemns kidnapping of party secretary’s father-DD
58. Fish export data sparks confusion-DD
59. GB Assembly calls for provisional provincial status-DD
60. GB Assembly seeks provisional provincial status-TNS
61. SHO among three held for not filing rape case in Multan-DD
62. Dr Akash case: Woman sat in getaway car to help gang evade police checks-TNS
63. Efforts on to engage with AJK protesters ahead of polls-DD
64. Six of a family die in house fire in Peshawar-TNS
65. Restive peripheries-DD
66. Eyeing the Margallas-DD
67. Stories by Ali Tauqeer Sheikh-DD
68. Making one’s way-DD
69. Strategic sanity-DD
Other international
1. US strikes in Iran hit airport, bridges and railway station-BR
2. US military says it completed latest strikes on Iran, marking 6th consecutive night of attacks-BR
3. Iran launches fresh attacks after sixth day of US strikes-BR
4. US to tighten visa regulations for foreign students, journalists-DD
5. US limits stays of students, journalists-BR
6. US limits stays of students, journalists-TNS
7. ‘We were second best,’ France coach concedes after chastening loss-DD
8. Vance says some in Israeli govt sought to sway US on Iran deal-TNS
9. EU flags Pakistan’s patchy compliance with GSP+ commitments-TNS
The below news items are extracted after sending yesterday email:
(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), The News (
(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).
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