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 to shut down IRIS, other online systems for weekend maintenance-BR

2.             FBR to transfer records of taxpayers to new formations- BR

3.             FBR officers on performance watch-ET.

4.             FBR establishes five exporter facilitation committees to resolve tax disputes-PK

5.             FBR announces two-day shutdown of IRIS, payment system-PK

6.             Digital tax services: FBR announces two-day suspension-BR

7.             FTO directs FBR to fix FASTER system flaw delaying exporters’ sales tax refunds-PK

8.             FTO identifies systemic flaw in FASTER sales tax refund system-BR

9.             Finance Act mentions new condition for transactions-BR

10.          Several Branded Restaurants issue Fake Invoice & not Real PRA Invoice - Be careful while payment PST at 5%

11.          Bold Action against illegal parking fees charging mafia by JI Town Nazim Rizwan Sami (likely to be in Other Towns shortly)

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

1.             ‘Circuit breaker’ economic policy-BR

2.              Aurangzeb meets US Treasury Secretary to strengthen economic cooperation-PK

3.             Pakistan, Iran explore new US talks via China-BR

4.             Aurangzeb calls for transparent drug pricing regime-BR

5.             Pakistan, Iran explore new US talks via China- BR

6.             PCJCCI urges DRAP to review medical device import policy-BR

7.             Govt decides to import 1m tonnes of wheat-BR

8.             Academicians, business leaders explore FGP collaboration on entrepreneurship, economic empowerment-APP

9.             DPM, Kyrgyz FM exchange views on regional, international developments-APP

10.          Pakistan posts $139 million current account deficit in FY26 as imports outpace exports-PK

11.          Pakistan’s milk production nears 75 million tonnes, meat output tops 6.3 million tonnes in FY2025-26-PK

12.          Pakistan’s livestock population nears 244 million in FY2025-26-PK

13.          We’re going through a wheat shortage again. Is it hoarding or a bad harvest? -PPT

14.          Pakistan’s food exports drop to $5.017 bn in FY2025-26 amid decline in demand-PK

15.          Traders demand subsidy-free wheat import-BR

16.          China restricts exports to 14 EU entities-BR

17.          Jam, PCMEA team discuss steps to boost export competitiveness-BR

18.          Weekly SPI surges nearly 1pc-BR

19.          Inflation expected to rise to 9.1% q-ET

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

1.             Pakistan bank deposits hit record Rs39.81 trillion in June 2026: SBP-PK

2.             Bank profits sink on provisions-ET

3.             Pakistan’s foreign exchange reserves rise by $33 million to $17.26 billion-PK

4.             Foreign investors repatriate $2.31 billion in profit from Pakistan during FY2025-26-PK

5.             Mark-up rate on uplift loans, advances reduced-BR

6.             Pakistan bonds slide after new Trump tariffs-BR

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

1.             Pakistan Stock Exchange sheds 718 points after volatile session-PPT

2.             Pakistani rupee records gain against US dollar- BR

3.             Gold price per tola drops Rs4,600 per tola in Pakistan-BR

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

1.             Petrol price hiked by Rs3.66. HSD’s by Rs4.80-BR

2.             Oil down more than 4pc- BR

3.             Govt raises petrol price by Rs3.66, diesel's by Rs4.80 per litre for July 25-BR

4.             Petrol price up by Rs3.66, HSD by Rs4.80 as govt revises fuel rates-DD

5.             Govt hikes petrol by Rs4.4, high-speed diesel by Rs3.62 per litre for July 24-ET

6.             Pakistan has bought its most expensive LNG this year; what does that mean?-PPT

7.             Pakistan overhauls fuel pricing: How the revised mechanism will work -PPT

8.             Nepra grants power distribution licence to DESCO Karachi-BR

9.             Fesco: Audit exposes serious governance lapses-BR

10.          Pakistan FDI falls 94% to $14 million in June 2026-PK

11.          Power supply in H’abad SITE likely to improve soon: HESCO Xen-BR

12.          Beyond NGC’s tariff determination-BR

13.          Nepra grants 20-year power distribution licence to Karachi's DHA Energy Supply Company-PPT

14.          Billions of Rupees being paid by Govt on Capacity charges of over 15K megawatts and we are being charged via Huge Electricity Bills (issue was originally raised by JI and now every intelligent person is supporting the cause). Please support by sharing to maximum

Weather Updates 

1.             The Weather-BR

2.             Heavy flooding: NDMA directs field personnel to remain alert-BR

3.             Monsoon rains, thunderstorms likely from Monday-BR

4.             PDMA reports 28 die in monsoon-related incidents in KP-BR

5.             Under the shadow of diseases-BR

6.             Karachi receives first monsoon rain as PMD predicts more showers-ET

Islam Here & Hereafter

Irrational Act / judgement clouded / Brain did not work well but something else

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

Child Labour common in US too

Other Pakistan

1.             PM Shehbaz inaugurates Pakistan's 'largest' data centre AI Cloud Sky47 in Islamabad-BR

2.             PM, CDF inaugurate AI cloud Sky47 Karakorum-01 data centre-BR

3.             Federal authorities directed to streamline recruitment rules-BR

4.             Islamabad, Tehran review evolving situation-BR

5.             Saudi strikes target Yemen’s Hodeidah-BR

6.             Rule of law hinges on timely justice: Governor-BR

7.             Maryam accused of using CDF’s name to stop PPP rally-BR

8.             Lt-Gen Aamer promoted, appointed as commander NSC-BR

9.             17 ministries: Senate body says concerned at govt’s meddling-BR

10.          SAPM Haroon vows support to Istanbul BoC-BR

11.          ‘Kashmir is not Kashmore’: Nawaz takes a swipe at Bilawal-BR

12.          Balochistan: PM announces major uplift initiatives-BR

13.          SCO CFMs meeting held: Dar highlights involvement of Afghan nationals in terrorist attacks-BR

14.          Dar, Chinese FM discuss bilateral ties-BR

15.          Bilawal says only Kashmiris have the right to decide Kashmir’s future-BR

16.          SC says it has no jurisdiction to take cognizance of NAB cases-BR

17.          Pakistan lags behind regional countries in securing FDI: LCCI-BR

18.          Regional challenges: Iran’s envoy for greater bilateral cooperation- BR

19.          ‘Nawaz has ridiculed people of Sindh, Kashmir’: Sharjeel-BR

20.          Governor opens healthcare exhibition=-BR

21.          NA Speaker congratulates Ayesha on contributing in Routledge-BR

22.          FIA arrests travel agent after US Embassy complaint-BR

23.          CM lauds WASA, Suthra Punjab for swift rainwater drainage-BR

24.          Pakistan, other nations condemn Israeli incursion into al-Aqsa Mosque- BR

25.          Planning in the dark-BR

26.          PPP calls handing over e-buses to AJK ‘political bribery’-BR

27.          NKATI warns govt against creating uncertainty- BR

28.          PTI warns EU trade access at risk-BR

29.          ‘Lion roared loudly in Mirpur after Muzaffarabad’: Marriyum-BR

30.          NHA likely to complete 21 uplift projects during FY2027-BR

31.          PSPA to use AI, satellites to curb illegal construction-BR

32.          Karachi's DHA City becomes first private entity to light up its own housing project-DD

33.          Karachi consumers pay over Rs26bn income tax through electricity bills in FY26-PK

34.          Pakistanis captured by Somali pirates victims of ‘ownership crisis’-DD

35.          Gen Raza's appointment as CNSC completes military overhaul under 27th Amendment, signals impending reshuffle-DD

36.          Petrol price up by Rs3.66, HSD by Rs4.80 as govt revises fuel rates-DD

37.          PM again urges Kabul to act against terrorist groups-DD

38.          Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say-ET

39.          12 military men among 15 martyred in terrorist attack on security check post in K-P's Tank-ET

40.          PM calls for national innovation ecosystem to advance indigenous robotics tech-TNS

41.          PM hails AI, Cloud infrastructure as cornerstone of Pakistan’s digital future-APP

42.          PM strongly condemns terrorist attack on excise officials in Kohat-APP

43.          National outrage as top leadership, civil society condemn killing of judge in Mastung terror attack-APP

44.          PM promotes Lt Gen Aamer Raza to four-star general, appoints as Commander National Strategic Command-APP

45.          S&P upgrades Pakistan’s sovereign rating to ‘B’ with stable outlook-PK

Other international

1.             US strikes Iran from south to north-BR

2.             Another GSP+ warning-BR

3.             Trump orders EU trade probe over $1B Google fine-TN

4.             Another bid to mend US-Iran fences ‘with China’s blessing’-DD

5.             ‘Houthis not seeking to close Bab al-Mandeb’-DD

6.             US, China agree on open-source AI security at APEC-TN

7.             Trump's new tariffs spark global response: How countries are reacting-TN

8.             Saudi Arabia, US sign landmark civilian nuclear deal-TNS

9.             Trump warns China, Russia against involvement in Iran war-ET

10.          Chinese, ASEAN foreign ministers call for immediate end to Mideast conflict amid US-Iran war-TNS

11.          Chinese company honored by Pakistani Disaster Management Authority for infrastructure safety contributions-APP

12.          China to extend AI-powered meteorological early warning system to 30 countries over next five years-APP

13.          Pakistan, Uzbekistan turn to China corridor as Afghan, Iran routes falter-PPT

14.          US imposes new tariffs on Pakistan and 59 others-PPT

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