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30 October 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB).
Dear Learned Recipient
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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. FCA performance: FBR rejects APTMA’s concerns-BR
2. Electricity consumed by steel manufacturers: FBR issues new procedure for payment of additional sales tax-BR
3. FBR powers to call tax records and conduct audits in Tax Year 2027-PK
4. SBP extends bank hours until 8pm on October 31 for tax payments-PK
5. KPRA warns wedding halls of legal action over sales tax violations-PK
6. Textile, leather, other products: FBR revises duty drawback rates on exports-BR
7. FCC dismisses pleas challenging ISL Act’s validity-BR
8. FCC dismisses 1,178 review petitions in Income Support Levy case-TNS
Economy & Inflation matters (including Import, Export & CPEC)
1. Pakistan’s economic transformation: prosperity without privilege-BR
2. Economic opportunities in Pakistan: Turkish investors urged to take advantage-BR
3. Trade, economic cooperation: There’s significant room for growth: Romanian envoy- BR
4. Aurangzeb, Saudi envoy discuss economic cooperation-BR
5. Chinese IPPs set up under CPEC receiving payments on time: Ahsan-TN
6. Pakistan inflation set to hit 10.5% in October, finance ministry warns-PK
7. Pakistan’s inflation projected at 9.5% to 10.5% in October-PPT
8. Gulf conflict, oil price volatility pose risks to economic growth, warns govt-TN
9. Pakistan’s poverty rate rises to 28.9% as govt reviews measurement framework-PPT
10. Global commodity prices to surge 23pc in 2026, warns World Bank-DD
11. World Bank forecasts 28% surge in global wheat prices in 2026-PPT
12. Chinese auto manufacturer keen to form JVs-BR
13. Global rice prices projected to rise 12% in 2027: World Bank-PPT
14. Rising interest payments, uplift spending strained Pakistan’s fiscal position in early FY27: ministry-DD
15. Punjab govt has 1m tonnes of wheat for five months, provincial assembly told-DD
16. 51,000 tonnes of imported wheat arrive at Karachi Port-TN
17. Pak interest repayment will continue to eat away major chunk of resources-TNS
18. Pakistan, Saudi Arabia discuss investment in agriculture, minerals and mining-ET
19. Pakistan, Saudi Arabia discuss trade, investment and economic cooperation-PK
20. Pakistan, Saudi Arabia discuss investment in agriculture, mining-PPT
21. Pakistan, China sign agreement to facilitate agricultural trade at Sost-Khunjerab border-PPT
22. Pakistan plans fast-track cotton seed approval to revive production-PK
23. Imported cotton seed to get 12-month approval-ET
24. Pakistan moves to improve export finance for SMEs-PK
25. Kayani calls for improving Export Facilitation Scheme\`s effectiveness-TN
26. Govt mulls construction sector boost-TNS
27. Federal govt unveils major reforms to ease business, attract investment in country-TN
28. ‘Regulatory maze blocks investment’-ET
29. 'Pakistan’s battery storage imports hit 4.5GW in first six months of 2026'-BR
30. PM Shehbaz approves expansion of Karachi, Lahore airports-ET
31. Editorial: Expanding Airports-TN
32. Pakistan, ASEAN countries can promote Halal trade: SVP FPCCI-BR
33. Pakistani traders: Proposal for 1 year multiple-entry visas to be considered: BD envoy-BR
34. Senate panel raises concerns over delays, cost escalation in foreign-funded projects-TN
35. Dar calls for monitoring sugar’s local supplies, exports-BR
36. Cooperation in Intellectual Property: Pakistan, the Philippines begin discussions-BR
37. Makkah Pact: BD’s inclusion could expand regional reach, trade ties: Dy HC-BR
38. Govt plans expanding export schemes for SMEs: Kayani-BR
39. Pakistan inflation reading projected in range of 9.5-10.5% for October 2026-BR
40. FD’s update: Oct inflation projected to stay elevated at 9.5-10.5pc-BR
36+ Customs Duty (including PSW)
1. Transit trade directorate detects major misdeclaration- BR
2. Pakistan, China sign agreement to operationalise green channel at Sost-Khunjerab border-DD
3. FBR rules out reversal of FCA unit relocation, cites faster customs clearance-PK
4. Almonds, cashews don’t fall within categories of smuggled goods, rules SC-TN
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP launches SMEConnect to simplify financing-BR
2. SBP-held foreign exchange reserves rise $33mn to $21.52bn-BR
3. SBP reviews-BR
4. SBP raises minimum capital requirement for banks to Rs20 billion-PPT
5. Fundamentals improve despite shocks: SBP chief-DD
6. SBP makes SMEConnect mandatory for business financing from November 1-PK
7. SBP launches SMEConnect to streamline small business financing-PPT
8. SBP foreign exchange reserves rise by $33 million to $21.52 billion-PK
9. SBP forex reserves rise by $33mn to $21.52bn-PPT
10. World Bank projects fertiliser prices to ease in 2027 after 14% rise-PPT
11. SIFC expects USD40bn investment in 38 projects-BR
12. NBP reports Rs48.9bn profit after tax for 9M’26- BR
13. Punjab CM announces establishment of Apna Kisan Bank-DD
14. CM Maryam announces Kisan Bank, Rs17bn subsidised loans for farmers-TN
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX: selling returns at bourse, KSE-100 down over 200 points-BR
2. Stocks slump, bonds leap as AI giants' spending spooks investors-BR
3. PSX launches Shariah-compliant trading counter-BR
4. Asian shares mixed as Alphabet sell-off weighs on US futures-PP
5. PSX extends recovery for fourth session-ET
6. PSX extends bullish momentum amid Middle East peace hopes-PPT
7. Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar-BR
8. Nadeem Textile Mills Limited: performance and outlook-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Govt raises diesel price by Re0.85 per litre, keeps petrol unchanged-BR
2. Oil rises on supply concerns as Houthis attack Saudi Arabia-BR
3. Oil majors reap bumper profits-BR
4. Oil prices settle lower-BR
5. Govt rules out additional fuel conservation measures-BR
6. Petrol price kept unchanged, HSD’s hiked by 85 paise- BR
7. Diesel crosses Rs400 mark, petrol remains unchanged for Oct 30-ET
8. Pakistan raises diesel price by 85 paisas per litre, keeps petrol unchanged-PK
9. Diesel price raised by Rs0.85 per litre, petrol unchanged-PPT
10. Pakistan’s daily petrol sales triple domestic production, Senate told-PPT
11. PSO says it is working with govt and IMF on circular debt settlement plan-PPT
12. Oil falls as diplomacy hopes outweigh Middle East escalation fears-ET
13. Oil prices fall as peace talks ease Middle East supply concerns-PPT
14. Capital to get new water source-ET
15. Islamabad’s Capital Development Authority to start Shahdara Dam project soon-DD
16. LPG: crisis beyond prices-BR
17. The LPG price formula is about to change-PPT
18. Pakistan receives third LNG cargo in October amid regional tensions-PPT
19. Pakistan, Qatar close to revised LNG deal-ET
20. QatarEnergy buys US, other LNG to hedge future Hormuz disruptions-ET
21. Electricity supply to southwestern Balochistan: Pakistan owes USD12m to Iran’s power co, NA told-BR
22. Unreliable data & recovery figures: NEPRA grills CPPA-G and PPMC-BR
23. Clean energy transition: Call for consumer-centred approach-BR
24. NEPRA questions power sector data as Rs32.7bn fuel adjustment sought-PPT
25. Investment in govt securities: Proposal to transfer EDF money to bank account approved-BR
Weather Updates
1. The Weather- BR
2. Lahore ranks world’s most polluted major city as Punjab battles poor air quality-DD
3. Editorial: Why the solution to Punjab’s air quality problem is more than just a fleet of fog cannons-DD
4. Editorial: Smog, Again-TN
5. Musadik announces $10m fund to back clean-air startups-TNS
6. Six killed in cyclone off India’s eastern coast-ET
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Death toll of Kasur food poisoning rises to four-DD
2. KP Dengue cases likely to drop next month: experts-DD
3. Inquiry holds school owner responsible for roof collapse that killed 30 students in Peshawar-DD
4. School sealed over safety violations in Attock-DD
5. PM orders urgent reforms in Islamabad government schools-DD
6. CM Maryam announces additional Rs5b for stroke treatment-TN
7. Stent shortage hits Faisalabad Institute of Cardiology Hospital-TN
8. WUM raises fund for first-ever breast cancer hospital-TN
9. IHRA examines healthcare standards at Maroof Hospital-TN
Politics
1. Huge increase in Refinery Profits as highlighted by Jamaat e Islami to PM, Media & Public
2. ‘Not related to defence’: Govt responds to Fazl’s remarks about Makkah pact countries’ meeting in Tehran-DD
3. Govt unleashes storm on Fazl over criticism of defence minister’s absence from Tehran talks-ET
4. PTI, TTAP affirm ‘full support’ for Fazl after govt hammering in Parliament-ET
5. Fazl invites govt to agree on democracy charter-TNS
6. Fact check: Viral video of JUI-F chief asking for forgiveness in NA is doctored-DD
7. Amid internal doubts, PTI affirms Sohail Afridi ‘remains KP chief minister’-DD
8. SLIC Bill among 8 bills cleared by Senate-BR
9. Sost-Khunjerab border: Pakistan, China sign deal to operationalise green channel-BR
10. PTI throws weight behind suspended K-P chief minister, says Afridi has Imran’s backing-ET
11. Rana Sanaullah says Imran’s jailed sister Noreen ‘fine’ after being provided medical treatment-DD
12. Govt will try to ensure Noreen’s relatives can visit her, Rana Sanaullah says-ET
13. Imran Khan’s sister Naureen hospitalised with heart-related discomfort-TNS
14. Bilawal urges opposition to resume participation in committees, implores Achakzai to use ‘authority’ granted by Imran-ET
15. Govt, PPP hold second round of talks on proposed legislation-TNS
16. PTI parliamentary party to play role in reversal of KP measures-TNS
17. Governor’s rule not about KP minerals: Tariq Fazal-TNS
18. Governor’s rule in KP to end in six months, NA told-TN
19. NAB speeds up KP corruption probes-TNS
20. ECP orders local bodies polls in KP districts with completed delimitation-TNS
21. PTI set to contest Islamabad LG polls-TNS
22. Replies sought in Asad Qaiser’s petition against placement on PCL-TNS
23. ‘A painful decision’: Justice Mohsin Akhtar Kayani steps down as LHC judge-TNS
24. Justice Mohsin Akhtar Kayani resigns as LHC judge-TN
25. Editorial: Empowered local bodies, not a closed debate, is the answer to the provinces question-DD
Karachi
1. Court rejects plea to add murder, terrorism charges in Karachi’s Gul Plaza fire case-DD
2. Karachi man allegedly guns down two sisters for ‘using TikTok’-DD
3. BSEK officials face fresh probe over ‘illegal appointments, promotions’-DD
4. Two killed in Karachi firing incident-TN
5. Third World Culture Festival Karachi 2026 opens today-TN
Other Pakistan
1. PM approves expansion of Lahore, Karachi airports-BR
2. PM inaugurates revamped Pakistan-China Friendship Hospital-BR
3. Pakistan, Nigeria seek stronger strategic partnership-BR
4. ATC sentences Imaan, Hadi to 10 years in security breach case-DD
5. Stroke treatment: CM announces additional Rs5bn-BR
6. No defence pact under discussion at Tehran meeting, Asif tells NA=-BR
7. Pakistan asked to reduce the number of blue passports for visa exemption-BR
8. ATC sentences Imaan Mazari, Hadi Ali Chattha to 10 years each in barrier removal case-ET
9. ‘Absolutely absurd verdict’: Lawyers, journalists react to Imaan, Hadi’s sentencing in security breach case-DD
10. Imaan, Hadi allege security breach case nothing more than harassment for their human rights work, free legal services-TNS
11. Pregnant woman, 4 hospital staff among 10 killed in Tharparkar ambulance fire-TNS
12. Sindh CM, Chinese CG discuss finalising G2G agreements-BR
13. Naqvi slams Fazl for ‘making anti-state’ remarks in NA-BR
14. Singaporean FM due today-BR
15. 765kV Dasu-Islamabad project: NAB, FIA may probe irregularities-BR
16. Anti-Dumping Duties Bill laid in National Assembly-BR
17. Iran says four tankers on fire after hitting mines-BR
18. Death toll from Thar ambulance fire rises to nine: district official-DD
19. GIZ to provide support to 300 SMEs in Sindh-BR
20. Independent Group’s Amjad Shah wins SCBA elections-BR
21. Shelled almonds and cashews not smuggled goods under SRO: SC-BR
22. Azma highlights farmer-friendly initiatives of Punjab CM-BR
23. Balochistan quota: Ministries, divisions told to fill in vacant posts-BR
24. Third day of Pakistan-UN Conference: Space tech, satellite-based climate intelligence take centre stage-BR
25. Naqvi tells NA body: Visa-free entry arrangements with 25 states within six months-BR
26. Nine killed after oxygen cylinder explodes in ambulance-TN
27. Degree holders: Sindh govt to launch internship programme from Nov-BR
28. Nine India-backed terrorists killed in Balochistan operations: ISPR-TNS
29. Bilawal hails security forces for eliminating nine terrorists in Balochistan operations-TN
30. Pakistan crushes ISKP expansion, kills 50 terrorists-TN
31. Safety net foils drone attack on Hassankhel police station-DD
32. FCC ‘concerned’ over course adopted by SC bench over already decided matter-TN
33. Pillion riding banned in KP’s Bajaur for 10 days owing to security situation-DD
34. Two children killed, 13 injured as wedding bus collides with tractor-trolley in Peshawar-ET
35. Five dead, several injured as bus plunges into drain in Hafizabad: Rescue 1122-ET
36. Peshawar court sentences man to death for blasphemy-DD
37. Fake MoFA official arrested in Gujrat-DD
38. PTI leaders barred from entertaining any move to replace Afridi-BR
39. Demolition of pre-partition building in Hyderabad stopped-DD
40. Three-year-old girl allegedly sexually assaulted, suspect arrested-TN
41. Bench Book launched to strengthen adjudication of rape cases in Pakistan-TNS
42. Violent crime falls at historic rate in Bahawalpur-TN
43. Bilawal urges PTI to rejoin parliamentary panels-BR
44. Islamabad police launch crackdown against spa centres, brothels-TN
45. Three flour mills sealed over smuggling-TN
46. Fourth phase of public schools outsourcing initiated-TN
47. TikTok removes 23.2m videos in Pakistan in Q2-ET
48. FCC flags decades-long delay in land consolidation proceedings-TN
49. Saudi Arabia warns of ‘hostile aerial threat’ in Riyadh as explosions heard-DD
50. Saudi-led coalition intercepts, destroys 2 Houthi ballistic missiles targeting Riyadh-ET
51. Iran snubs Qatar’s latest peace plan as unacceptable, holds firm on nuclear stance-TNS
52. Iranian president says regional countries can ensure security without US involvement-ET
53. Pakistan urges Iran, US to resume nuclear talks under Islamabad MoU-TNS
57. Singapore foreign minister to visit Pakistan on Friday for bilateral talks: MoFA-ET
58. Natasha Daultana calls for strengthening Pakistan, Germany relations-TN
Afghanistan
1. Pakistan dismisses Afghan Taliban regime’s ‘fabricated’ claims over border incident-TNS
2. Afghanistan opium poppy cultivation surges despite Taliban govt ban: UN-DD
3. Afghan opium production surges fivefold despite Taliban ban, UN report-TN
United States
1. Vance sends letter to Iranian security chief as US seeks to revive peace talks, says WSJ-TNS
2. Trump denies peace talks, says Vance’s outreach to Iran is related to medical supplies-ET
3. US weighs fresh strikes on Iran as Qatar pushes peace deal-TN
4. US central bank keeps interest rates unchanged as it waits for clearer signs of easing inflation-TNS
5. US fires top military planner over alleged leaks: reports-DD
6. Senior US general fired, accused of leaking classified information-ET
7. Obama mocks Trump’s government-wide response to Cheesecake Factory remark ahead of US midterms-DD
8. New York passes law restricting children’s use of AI chatbots-DD
9. DoorDash strikes $17 billion deal for US rival Instacart in mega grocery delivery bet-ET
China
1. Pakistan allows Taiwanese airlines to use airspace till March 2027-DD
2. FCC votes to ban all Chinese labs from testing US electronics-ET
3. Prime Minister Muhammad Shehbaz Sharif addresses the inaugural ceremony of Pakistan China Friendship Hospital.-APP
Other International
1. Germany's Merz says EU to shape better offer as global trade order comes under pressure-BR
2. Israel piles pressure on Arab parties as Netanyahu seeks government-DD
3. ASEAN envoy meets Myanmar minister, discusses civil war and aid access-BR
4. Israel piles pressure on Arab parties as Netanyahu seeks government-ET
5. Netanyahu bloc defies forecasts, rattles markets-TNS
6. Israel’s elections: What happens next?-TNS
7. Netanyahu’s bloc leading Israel election but short of majority, partial results show-TN
8. Death toll in Spain train crash climbs to 68 as rescue efforts continue-TNS
9. Spain begins mourning period as search continues for train crash victims-TN
10. European Central Bank chief Lagarde to step down early, triggering succession race-DD
11. EU hits pause on country-level social media bans for children-DD
12. 3 dead in rock spire collapse at tourist site in Turkiye’s Cappadocia-DD
13. Russia claims 1,214 Ukrainian drones targeted 20 regions overnight-TN
14. South Korean special counsel seeks death penalty for ex-President Yoon over marital law declaration-TN
15. Norway raises national cyber risk level to ‘high’ amid surge in attacks-TN
16. As Iran war drags on, airlines pull back on fuel hedges and warn on fares-TNS
The below news items are extracted after sending yesterday email:
(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), Express Tribune (ET), The News (TNS),
(B) Three other Business Websites [Pakistan Revenue (PK), Profit Pakistan Today (PPT) & Daily Times (DTS)]
(C) 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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