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DNVC 22.7.26= 7.2.48

22 July 2026

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

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Wed, Jul 22, 2026 at 11:11 AM
Subject: DNVC 22.7.26= 7.2.48
 

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 links FY27 revenue outlook to tax-economy relationships-BR

2.             Federal taxes: FBR creates ‘Independent Case Scrutiny Committees’-BR

3.             Special tax procedure - back to square one—I-BR

4.             LTO Karachi shatters records by collecting Rs3.61 trillion in FY2025-26-PK

5.             Representation without taxation-BR

6.             Frozen Award-BR

 

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

1.             Refinery modernization: Aurangzeb welcomes Honeywell’s proposal-BR

2.             EV ecosystem: StarCharge Energy Pakistan, Bahum Global Pakistan sign MoU-BR

3.             9th OIC Ministerial Conference on Women: Beyond declarations-BR

4.             Ambassador shows the way forward on Pakistan-China trade ties-BR

5.             REAP delegation visits Guangzhou-BR

6.             Dar arrives in Manila to attend Asean Regional Forum ministerial meeting-BR

7.             Aurangzeb seeks $10bn support facility from US-DD

8.             US technology firm proposes refinery modernisation plan for Pakistan in meeting with finance minister-DD

9.             Pakistan seeks $10bn in US backstop facility to boost reserves-BR

10.          LCCI seeks stronger trade ties with Africa-BR

11.          TDAP debuts Pak Pavilion at Food & Drinks Malaysia by SIAL 2026-BR

12.          Pakistan, Iran agree to boost bilateral trade, border cooperation-DD

 

36+ Customs Duty (including PSW)

1.             Customs unveils measures to ease KICT, SAPT port congestions-BR

2.             Imports of paint brush filaments: NTC issues de novo determination in anti-dumping probe-BR

3.             Regional trade deficit widens to $16bn-DD

 

4.             Mobile phone imports top Rs520bn in FY26-DD

 

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

1.             State Bank expected to hold policy rate at 11.5% on July 27: survey-PPT

2.             Govt selects bank consortiums for GMTN, Sukuk programmes-BR

3.             Pakistan seeks $10bn in US backstop facility to boost reserves-BR

4.             Pakistan-China B2B moots likely to generate about USD22bn investments- BR

5.             Yen slides past 163, raising intervention alert-BR

6.             Investment promotion-DD

7.             Housing schemes: Sindh govt decides to resolve grievances of allottees-BR

8.             Govt appoints international bank consortiums for future sovereign debt issuances-ET

9.             Pakistan seeks $10 billion in US backstop facility to boost reserves, source says-ET

10.          Pakistan seeks $10 billion in US backstop facility to boost reserves, source says-PPT

 

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

1.             KSE-100 makes marginal gains as global energy uncertainty weighs on early rally-DD

2.             ME de-escalation hopes lift PSX-BR

3.             Stocks eke out gains amid extreme volatility-DD

4.             PSX gains as lower oil prices lift investor confidence-DTS

 

5.             Gold price jumps again, reaches Rs429,236 per tola-DTS

6.             Gold nears two-week high as Fed outlook, Middle East conflict stay in focus-BR

 

7.             Ijaz Khokhar elected IAF VP in historic first-BR

 

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

1.             Govt increases petrol price by Rs4.93, diesel by Rs7.15 per litre-BR

2.             Petrol price hiked by Rs4.93, HSD’s by Rs7.15-BR

3.             Petroleum dealers divided over nationwide shutdown-BR

4.             Petrol pump owners announce nationwide strike after talks with govt over daily pricing fail-DD

5.             Govt raises POL prices as pump strike looms-ET

6.             Fuel crisis looms as petrol pump owners announce strike-TN

7.             Pakistan petrol pumps announce nationwide shutdown-DTS

8.             Petrol dealers split over nationwide strike as pump owners push for shutdown-PK

9.             Petroleum dealers back daily fuel pricing reform, seek higher margins-DTS

10.          Oil prices rise slightly after US announces new round of strikes on Iran- BR

11.          Daily petroleum pricing: a welcome step, indeed-BR

12.          Hormuz vessel crossings fall further as security concerns linger-BR

13.          Govt raises petrol price by Rs4.93, HSD by Rs7.15 per litre for July 22-ET

 

14.          IESCO announces scheduled power outages on July 22, 2026-PK

15.          Sell-off of three Discos: PC facing trust deficit in marketing-BR

16.          Sindh govt to provide ‘solar home systems’-BR

17.          CBD Punjab reviews Route 47 Solarization feasibility-BR

18.          Sell-off of three Discos: PC facing trust deficit in marketing-BR

19.          Coal fills the gap-BR

20.          Pakistan can harness 83 MAF monsoon rainfall to boost water security-PK

 

Weather Updates 

The Weather-BR

 

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

1.             Salary increase notified: Govt issues revised BPS-2026 for civil servants-BR

2.             Medical education: Students abroad spending USD800m annually: Kamal-BR
Pakistan approves 15% disparity reduction allowance for employees from July 2026-PK

3.             Federal government introduces revised pay scales, 7% ad-hoc relief allowance-PK

4.             Cabinet approves Rs1.8 billion parity allowance for bureaucrats-PPT

5.             Govt notifies revised pay scales, 7% salary increase for federal employees-PPT

6.             16 more children found infected with HIV at Karachi's Valika Hospital, ombudsman told-DD

 

7.             Changing faces alone will not make a difference, even if you bring Einstein and seat him there!

 

Other Pakistan

1.             PM Shehbaz reiterates commitment to regional peace in meeting with Iranian interior minister-BR

2.             PM calls for restraint during talks with Iranian minister- BR

3.             PM vows full support to GB’s chief minister-BR

4.             AI-powered monitoring system: PM launches PMOS to manage complete lifecycle of directives-BR

5.             Nawaz expresses desire to become AJK PM-BR

6.             Senate panel concerned over diversion of flood rehabilitation funds in KP-BR

7.             General elections will be held in three phases: AJK EC- BR

8.             Senate panel voices alarm over delays in Wapda projects-DD

9.             LG polls in cantonments: Defence ministry says ready to support ECP-BR

10.          Arrest warrants out for KP CM Afridi over ‘failure to appear’ in court-DD

11.          The Balochistan tragedy-DD

12.          Anti-petroleum levy, anti-inflation drive: JI says highway blockades, sit-ins to take place on Aug 7-BR

13.          Punjab leads tally for cases involving threats to journalists-DD

14.          KP lawmakers term action against militants ‘aimless’-DD

15.          Sindh consistently getting less water than its allocated share: CM Murad-BR

16.          Better ties vital for Pak-India-China prosperity: ex-FM Khurshid Mahmud Kasuri-DD

17.          CJP-led body asks govt to set up int’l commercial court-DD

18.          CM Punjab directs Commissioners, DCs to monitor monsoon rains-BR

19.          Extortion fears may disrupt essential supplies in Balochistan-DD

20.          Demos in Gilgit against prolonged power outages-DD

21.          Judicial Commission of Pakistan recommends Justice Bajwa as judge of LHC-BR

22.          Pakistan set to establish first EASA-approved MRO facility-BR

23.          Rights groups call for ‘joint struggle against curbs’-BR

24.          Two relatives remanded in minor girl’s rape, murder case in Karachi's Quaidabad-DD

25.          Sindh to introduce multiple insurance schemes: CM-BR

26.          Addl judges for LHC: JCP recommends confirmation, appointment-BR

27.          The peace that ambiguity broke-BR

28.          Court grants bail to Rehan Tariq-BR

29.          Chile rains leave 13 dead, 7 missing, authorities say- BR

30.          AJK elections to be held in three phases from July 27: election commissioner-ET

31.          Jamaat-e-Islami announces nationwide road closures over inflation-DTS

32.          Nawaz kicks off campaign for AJK elections-TN

33.          PM expresses concern over escalation in Gulf-TN

34.          PM reaffirms Pakistan's mediation role to Iran-ET

35.          Iranian interior minister discusses border security with CDF Asim Munir-ET

36.          Quorum row derails Punjab Assembly proceedings-ET

37.          Modern railway network essential for trade, regional connectivity: PM-TN

38.          JCP recommends appointment of 13 judges to LHC, BHC-TN

39.          Ishaq Dar reviews preparations for upcoming diplomatic engagements-TN

40.          Monsoon rains kill 14 in KP, Punjab amid nationwide flood alert-TN

41.          Pakistan will continue role as sincere mediator: PM-APP

42.          DPM Dar departs for Manila to participate in 33rd ASEAN Regional Forum Ministerial Meeting-APP

43.          Iranian Interior Minister calls on Field Marshal Syed Asim Munir-APP

44.          Iranian Interior Minister Iskandar Momeni Pays Tribute to Pakistan’s Martyrs During Islamabad Visit-APP

45.          Pakistan will continue role as sincere mediator: PM-APP

46.          Pakistan’s ambassador calls on Japanese Minister for Justice-APP

47.          Pakistan, Xizang eye closer cooperation in climate action, mountain ecology-APP

48.          PTA sets 2,000 5G sites target for each mobile operator by 2028-PK

49.          PCB expands school cricket talent hunt programme to 1,200 schools nationwide-PK

50.          Petroleum minister seeks stronger Kuwait energy ties-DTS

 

Other international

1.             Washington plans to announce nuclear agreement with Riyadh, US media reports-BR

2.             Iran's top joint military command says interests of US and its allies would be attacked if nuclear sites hit-BR

3.             Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meeting-BR

4.             Lebanon president insisted on 'full Israeli withdrawal' in Trump talks: statement-BR

5.             US military says begins 11th straight night of strikes on Iran-BR

6.             Andy Burnham’s first cabinet meeting as UK prime minister: Key takeaways-TNS

7.             US, China plan high-stakes AI talks in September amid tech rivalry-TNS

8.             Houthis open new front in US-Iran war-ET

9.             White House seeks billions for Iran war as Trump weighs major escalation-TN

10.          Rubio meets Wang as Xi may visit US-ET

11.          Trump eyes FIFA boss Gianni Infantino for UN secretary-general post-TNS

 

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


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