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 tells Senate panel tobacco tax theft is Rs40bn, not $1bn-DD

2.           NA panel endorses tax on social media earnings, inherited property CGT-BR

3.           Sindh Budget-BR

4.           BUDGET 2026-27: Lawmakers scrutinise sales tax, PIA relief-DD

5.           SINDH BUDGET 2026-27: Murad blames federal revenue shortfalls for deficit budget-DD

6.           BUDGET 2026-27: ‘Shocking’ climate budget cut draws warning from Sherry Rehman-DD

7.           Senate adopts 123 budget recommendations, seeks tax relief for low wage earners-TNS

8.           BALOCHISTAN BUDGET 2026-27: Balochistan boosts health budget by 30pc-DD

9.           Budget: National Assembly likely to pass Finance Bill on June 23-BR

10.       PIA aircraft, parts imports: NA panel defers ST relief proposal-BR

11.       KP budget to be presented today-BR

12.       SINDH BUDGET 2026-27: Murad blames federal revenue shortfalls for deficit budget-DD

13.       BUDGET 2026-27: Higher tax exemptions, power rate cuts sought-DD

14.       Federal budget: Real test lies in ability to improve lives of ordinary citizens: MNA Niazi-BR

15.       NA budget debate: Lawmakers call for urgent economic reforms-BR

16.       BALOCHISTAN BUDGET 2026-27: Balochistan boosts health budget by 30pc-DD

17.       BALOCHISTAN BUDGET 2026-27: Press shut out as Balochistan budget draws MPAs’ ire-DD

18.       KP to unveil Rs2.15tr tax-free budget today-DD

19.       They don’t really care-DD

20.       Punjab proposes higher token tax on large vehicles, raises electric vehicle concession to 99%-PPT

21.       Punjab govt proposes up to 233% increase in agriculture income tax, higher Abiana in finance bill-PPT

22.       New sales tax mechanism may raise ghee, cooking oil prices by Rs10-15 per kg-PPT

23.       Govt targets two million retailers under new tax scheme to raise Rs50 billion-PPT

24.       Govt collects Rs620 billion in taxes through electricity bills, NA panel told-PPT

25.       Punjab to set up unified revenue authority as collection target rises 46%-PPT

26.       Sindh targets Rs450 billion in sales tax on services for FY2026-27-PPT

27.       FBR to launch faceless tax pilot in October to curb harassment by officials-PPT

28.       Senate panel clears Finance Bill review, finalises recommendations for upper house-PPT

29.       Balochistan clears Rs1.089 trillion budget for FY2026-27, sets Rs170bn revenue target-PPT

30.       1-year pilot phase of Retailer Tax Scheme to test scheme’s effectiveness: NA panel-TN

31.       Sindh budget prepared under constitutional arrangements: Sindh CM-ET

32.       Rs3.562tr Sindh budget focuses on development-ET

33.       Finance Bill 2026 proposes steep increase in income tax penalties-PK

34.       Sindh reduces super tax rate on agricultural income, eases penalties for non-filers-PK

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

1.             Economic transformation: Punjab allocates Rs75bn to various initiatives-BR

2.             Agriculture sector: Pakistan seeks Germany’s partnership-BR

3.             Pakistan’s foreign assistance inflows jump 76% to $12.1 billion in 11 months -PPT

4.             Finance Bill 2026 Proposes Minimum Value Addition Tax on Imports-PR

5.             NPMC reviews price situation of essential commodities-BR

6.             ‘Pakistan must shift from reactive disaster relief to climate risk management’-BR

7.             Agriculture sector: Pakistan seeks Germany’s partnership-BR

8.             Farmers to get crop-specific climate advisories under FAO plan-DD

9.             Industries, agriculture: Federal govt fails to provide meaningful relief: PBF-BR

10.          Trade body visits KCCI: Commercial Attaché Iran for new era of economic integration-BR

36+ Customs Duty (including PSW) 

1.             PIBF welcomes export-focused federal budget-BR

2.             Engro Vopak Terminal to invest over USD200m-BR

3.             Pure Terephthalic Acid’s imports: NTC imposes anti-dumping duties-BR

460+ Company Law

SECP directs PMEX to launch deliverable agricultural futures-TNS

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

1.           SBP forex reserves increase $6m to $17.22bn as of June 12-TNS

2.           SBP reserves rise slightly, Pakistan’s total forex holdings reach $22.74 billion-PPT

3.           Bank Alfalah gets State Bank approval to raise Rs20bn through Tier 2 capital-PPT

4.           FDI stuck in low gear-BR

5.           Pakistan plans $2 billion international bond issue as Saudi oil facility omitted from budget-PPT

6.           Tripartite deal with SBP, 1LINK (Guarantee) Ltd signed: SC integrates digital payments into judicial processes-BR

7.           ADB okays $700m loan to support insurance sector reforms-TNS

8.           Yen at brink of 40-year low puts markets on intervention watch-BR

9.           Hackers target Capital Development Authority billing system, demand ransom in Bitcoin-DD

10.       Crypto trader alleges short-term kidnapping, data theft-TNS

11.       Outflow of profit beats foreign direct investment by 32pc-DD

12.       Pakistan’s total liquid foreign reserves rise to $ 22.74 billion-APP

13.       NTUF seminar bridges gap between conventional and Islamic banking for future finance leaders-APP

14.       Currency rates of NBP-APP

15.       NBP Exchange Rates-APP

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

1.           Buying continues at PSX, KSE-100 gains nearly 600 points in early trade-BR

2.           Buying continues at PSX, KSE-100 gains nearly 600 points in early trade-BR

3.           KSE-100 extends bull run with 887-point increase-TNS

4.           Stocks extend gains for fourth straight session-DD

5.           PSX crosses 181,000 points as bullish momentum continues-TN

6.           Stocks extend gains for fourth straight session-DD

7.           Rupee closes flat-TNS

8.           Rupee gains 01 paisa against US Dollar-APP

9.           Gold on track for third weekly loss on firm dollar, hawkish Fed signals-BR

10.       Gold on track for third weekly loss on firm dollar, hawkish Fed signals-BR

11.       Gold prices drop Rs2,300 per tola-TNS

12.       Silver price in Pakistan for today, June 18, 2026-PPT

13.       Gold price in Pakistan for today, June 18, 2026-PPT

14.       Karachi Cotton Exchange building case sen

15.       t to evacuee trust for decision in 90 days-DD

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

1.           PSO strengthens operational resilience-BR

2.           Oil falls as supply starts moving through Strait of Hormuz-BR

3.           Rs55 per litre cut likely in petroleum prices from 20th-TNS

4.           Oil falls as supply starts moving through Strait of Hormuz-BR

5.           PM directs fuel price cut-DD

6.           Tumbling global oil price could fall further, data shows-TNS

7.           Hormuz oil, gas shipments accelerate after deal enters force-TNS

8.           Oil falls to 3-1/2-month low after US, Iran sign ceasefire deal-ET

9.           Govt signals petroleum price cut as global oil rates ease-PPT

10.       Petrol prices likely to be reduced as global oil market eases-PPT

11.       Pakistan is ready to see a drop in fuel price, but it may never return to its old level-PPT

12.       Pakistan misses oil, gas production targets as drilling falls short in FY26-PPT

13.       OGDCL increases stake in Qadirpur gas field to 83%-BR

14.       There will be no cut in power supply during Muharram: PD-BR

15.       Discos introduce redesigned power bill format-TN

16.       Power generation drops 1pc, cost rises 17pc on YoY basis in May: CPPA-G-TN

17.       Sweeping amendments to telecom laws proposed-BR

18.       Power Division issues directives to ensure uninterrupted power supply during Muharram-APP

Weather Updates 

The Weather-BR

Other Pakistan

1.           Punjab police, CCD admit 'mistake' in girl's killing in Chakwal, assure incident will not be covered up-DD

2.           Lawyers Imaan Mazari, Hadi Chattha awarded prestigious human rights prize for advocacy work-DD

3.           SC asks PTI to file separate plea for urgent hearing-DD

4.           SC orders Adiala superintendent, other officials to submit replies on denial of access to Imran-DD

5.           PMA says foundations of public health in Sindh completely neglected in budget allocations-DD

6.           Pakistan, Ghana agree to strengthen defence cooperation- BR

7.           May 9 riots: ATC reserves verdict-BR

8.           CM Bugti vows to continue fight for Balochistan rights-DD

9.           CJP approves 100pc raise in SC employees’ utility allowance-TNS

10.       PA Speaker, Netherlands ambassador discuss relations-BR

11.       Search continues for boy swept away in open drain during rain in Rawalpindi-DD

12.       Medics suspended after newborn’s arm fractured in Bahawal Victoria Hospital-DD

13.       Illegal recruitments case: SC issues notices to Pervez Elahi for ‘misusing bail’-TNS

14.       Non-bailable warrants issued against KP CM in Peca case-TNS

15.       PPP, PMLN strike power-sharing deal for GB govt-TNS

16.       Shehbaz signs Islamabad MoU as mediator between US, Iran; Trump denies $300bn payout to Iran as Khamenei okays deal despite ‘different view’-TNS

17.       Sikh Gurdwara caretaker, wife killed in Mardan-DD

18.       Minister renews commitment to expand ties with Russia-TNS

19.       Pakistan, Iran urged to expand joint ventures-=TNS

20.       Constable, vet arrested with drugs cache near Kasur-DD

21.       Balochistan budget debate exposes deep political divisions over development, federal cuts-TNS

22.       PA speaker, Dutch envoy keen to boost parliamentary ties-TNS

23.       Pharmaceutical and healthcare sectors: Govt steps up efforts to attract Chinese investment-BR

24.       Network selling citizens’ data to foreign agencies unearthed: FIA-TNS

25.       PA speaker, Dutch envoy keen to boost parliamentary ties-TNS

26.       Plea for KP CM’s meeting with PTI founder: IHC reserves verdict on objections-TNS

27.       IK, lawyers meeting: SC issues notices to Punjab Home Secy, Supdt of Adiala Jail-BR

28.       Punjab CM orders security, public facilitation steps for Muharram-BR

29.       New budget allocates substantial funds for Karachi’s progress: Sharjeel-TNS

30.       Family medicine: PMDC makes mandatory to establish separate depts-BR

31.       Punjab RTI law needs stronger enforcement, digital transparency and institutional autonomy: Fafen-TNS

32.       Provinces’ NFC share remains intact: Bilawal-DD

33.       Police claim arrest of two Pinky’s ‘associates’-DD

34.       Govt concedes GDP target missed as Senators assail budget-DD

35.       Turkish First Lady extends best wishes to CM-BR

36.       Hania killing: No cop to be shielded if found guilty, says IGP-TNS

37.       LHC seeks parties’ response in Hania killing case-TNS

38.       PMDC makes family medicine departments mandatory in colleges-TNS

39.       Commuters suffer as transporters hold strike-DD 

40.       PTI leaders denied meeting with Imran-DD

41.       Judicial processes go cashless-DD

Other international

1.             Andy Burnham's election to parliament sets up bid to oust UK PM Starmer-DD

2.             US-Iran deal redraws the Middle East: Iran gains, rivals alarmed-BR

3.             Digital deal-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