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05 August 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB).
From: Kasbati & Co <kasbati.co@professional-
Date: Wed, Aug 5, 2026 at 11:11 AM
Subject: DNVC 5.8.26=21.2.48
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 issues three STGOs to ease compliance for iron, steel sector-PK
2. FBR chairman assures business community of faster tax reforms and refunds-PK
3. Resolution of pending issues: FBR-business bodies to be constituted-BR
4. Filing Season Disruptions-TN
5. ST at the rate of Rs5/unit of electricity: FBR notifies list of 99 iron, steel manufacturers-BR
6. The cost nobody budgets for-BR
7. 'Auto tax policy favours the rich'-ET
8. Time-based power tariff: IMF not allowing Pakistan to offer cheap electricity: Leghari-BR
9. IMF not approved proposal for cheaper electricity: Awais Leghari-DTS
Economy & Inflation matters (including Import, Export & CPEC)
1. Pakistan’s economy doesn’t need more experts; it needs one owner-BR
2. M-12 project: ECC approves Rs27.62bn sovereign guarantees issuance-BR
3. Vibrant industry backbone of economy: Khalid Maqbool-BR
4. Pakistan seeks USD1.3bn China refinancing-BR
5. Pakonomics - lived reality not fiction-ET
6. MSMEs: SMEDA, SEDF discuss avenues for access to finance-BR
7. Pakistan, Iran renew push for $10bn trade goal-DTS
8. Iran eyes expanded trade with Pakistan through Karachi, Gwadar ports-ET
9. Iran seeks to boost trade cooperation with Pakistan via Karachi, Gwadar ports-TNS
10. Pakistan’s electric vehicle boom accelerates on Chinese tech-APP
11. Tech event to focus on modern mining-ET
12. Auto sector calls for prime minister’s intervention-BR
13. Wheat crisis bigger than global oil crisis, Govt hiding facts: KP Finance Adviser Muzzammil Aslam-PPT
14. ‘LCCI launches several initiatives for stronger academia-industry linkages’- BR
15. July exports surge by 10pc YoY-BR
16. China asked to fast-track $1.3b refinancing-ET
17. SIFC clears way for $200m Khuzdar mining investment-PPT
18. REAP team in UK to strengthen country’s presence in key market-BR
19. Ex-mill wheat flour price reduced in Karachi-BR
20. Goods transporters say will observe strike from 8th=-BR
21. Inflation cools, risks remain-BR
36+ Customs Duty (including PSW)
Customs seizes six NDP vehicles-BR
460+ Company Laws
1. SECP forms WG to review corporate debt market needs-BR
2. SECP forms working group for debt market reforms-BR
3. Competition law: CCP intensifying efforts to raise awareness: chairman-BR
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. Unrated large private borrowers: SBP raises financing limit to Rs10bn-BR
2. SBP raises borrowing limit to Rs10 billion for unrated large companies-PK
3. Pakistan formally asks China to expedite refinancing of $1.3 billion in commercial loans-PPT
4. NAB recovers movable, immovable assets worth Rs2.45trn in Q2-BR
5. NAB claims record Rs5.41tr recoveries in first half of 2026-ET
6. India paves way for return of merchant fees on digital payments-BR
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Buying rally continues, KSE-100 up 1.2% in early trade-BR
2. Volatile trading sends PSX down over 1,100 points -PPT
3. KSE-100 falls 1,116 points as profit-taking erases early gains-PK
4. Institutional selling wipes out PSX gains-ET
5. Rupee loses some ground against dollar-DTS
6. Gold prices decline by Rs 500 per tola-DTS
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Petrol price cut by Rs3.39, HSD’s by Rs4.07-BR
2. Oil prices drop on hopes of Mideast conflict resolution-BR
3. Govt decreases petrol price by Rs3.39, diesel's by Rs4.07 per litre-BR
4. Oil prices drop on hopes of Mideast conflict resolution-BR
5. Qatar says progress made toward US-Iran talks-BR
6. Iraq exported 30mn barrels of crude via Hormuz in a month: monitor-BR
7. Govt reduces petrol by Rs3.39/litre, diesel by Rs4.07/litre for August 5-PPT
8. Govt cuts petrol price by Rs3.39, diesel by Rs4.07 for one day-TN
9. Govt reduces petrol price by Rs3.39, HSD by Rs4.07 for August 5-ET
10. Petrol drops by Rs3.39, diesel by Rs4.07 per litre-TNS
11. Oil prices drop after Qatar, Bessent raise hopes of a US-Iran deal-ET
12. Govt reduces petrol price by Rs3.39, high-speed diesel by Rs4.07
13. Oil steadies after 2 day slump as investors eye Hormuz traffic-DD
14. Pakistan to break up gas monopolies-ET
15. Two gas utilities to become five-DD
16. Experts say solar rush unsustainable without investment in batteries-PPT
17. Govt plans deregulation, unbundling of Sui companies-BR
18. Meeting discusses roadmap for gas sector transformation-BR
19. FTO directs faster complaint resolution across Sindh offices-PK
20. The shape of the future grid-BR
21. 300MW Balakot Hydropower Project: PEDO faces opposition due to high cost-BR
22. The power sector’s unfinished business-BR
23. Batteries are just charging up-BR
24. Experts say solar rush unsustainable without investment in batteries-PPT
25. SECMC set to increase coal production from Thar by 47% from Sept 2026-BR
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Governor, HEC chief agree to increase cooperation on AI-BR
2. AI adoption may hit Pakistan’s job market, World Bank warns-BR
3. IHC suspends order for disclosure of cricketers’ salaries, perks-DD
4. Sovereign AI, cloud infrastructure: Data Vault, Galaxy Tech enter into partnership-BR
5. Pakistan, Sri Lanka join hands to conduct research-BR
6. India pharma sector to miss 2030 sales target amid tariff and shipping woes, trade body says-BR
Weather Updates
2. Sindh and Punjab: 5 killed, 16 hurt in rain-related incidents-BR
Islam Here & Hereafter
Prayer is Better than Work (do not Work during Namaz time) - Watch the sample test & advantage
Other Pakistan
1. PM reaffirms diplomatic, moral support to Kashmiris-BR
2. Youm-e-Istehsal-e-Kashmir today: Bilawal says no unilateral action can erase history-BR
3. G-B, AJ&K, Punjab, Sindh & Balochistan: Aleem outlines key prospective infrastructure initiatives-BR
4. Military reaffirms solidarity with IIOJK people-BR
5. Dar to attend meeting on occupied Jerusalem in Jordan today-BR
6. CM, Khushab MPAs discuss development, constituency issues-BR
7. Senior Business Recorder photojournalist passes away-BR
8. Digital property transfer service for Punjab launched at UK HC-BR
9. Azma’s makes humorous remark on Karachi’s public transport-BR
10. Interior minister’s statement: PTI leader urges PM to seek vote of confidence-BR
11. Minister reviews flood preparedness in Jalalpur Pirwala-BR
12. Sherry condemns ‘electoral irregularities’ in AJK polls-BR
13. ITP issues special Traffic Plan for Youm-e-Istehsal walk, announces alternate routes-APP
14. Nehal inaugurates AI lab at SSUET-BR
15. PAC flags financial irregularities in public universities-BR
16. ECP seeks annual wealth statements of parties for FY2025-26-BR
17. CM pays tribute to police martyrs-BR
18. FDA directs strict implementation of anti-dengue steps-BR
19. Fight against terrorism: Corps Commander vows military’s continued support for KP Police-BR
20. Magistrates conduct 88,000 inspections in a week-BR
21. Struggle for realization of right to self-determination: Speaker reaffirms commitment to supporting Kashmiri people-BR
22. Relief, rescue operations: Armed forces fully ready to assist NDMA, civil admin: CDF-BR
23. Interior minister’s statement: PTI leader urges PM to seek vote of confidence-BR
24. Service suspended at a Saudi airport after attack-BR
25. Gazans hold mass funeral for those killed during Israeli aggression-BR
26. Sindh to launch EV-taxi service, double-decker buses-BR
27. India markets regulator proposes depository receipts against REITs, InvITs units-BR
28. PML-N, PPP headed for one seat each in delayed AJK constituencies-DD
29. PPP alleges rigging as polling ends in two delayed AJK constituencies-ET
30. Amnesty calls on govt to release Imran ahead of third full year of detention-ET
31. PPP renews rigging claims as results start pouring in from two AJK seats-TNS
32. PFA raids fake soft drink factory, seizes counterfeit bottles-APP
33. DPM Dar in Amman to attend Ministerial Meeting on Jerusalem-APP
34. ECC approves key funding measures for PTVC and M-12 motorway-PK
35. ECC Approves Rs34.6 billion sovereign guarantees for 69-kilometre Sialkot-Kharian Motorway-PPT
36. Bilawal pays glowing tribute to police martyrs on National Police Martyrs’ Day-APP
37. ITP issues traffic diversion plan for 21st Safar procession in G-7/2-APP
38. Pakistan, US resolve to confront terror outfits including ISIS-K, TTP, BLA-APP
39. President reaffirms unwavering solidarity with people of IIOJK on Youm-e-Istehsal Kashmir-APP
40. Pakistan, US resolve to confront terror outfits including ISIS-K, TTP, BLA-APP
41. DPM Dar urges global community, UN to fulfill responsibilities for peaceful resolution of Kashmir dispute-APP
42. Pakistan stands firmly with Kashmiris: Amir Muqam-APP
43. PM reaffirms Kashmir as cornerstone of Pakistan’s foreign policy-APP
44. Armed Forces ready to assist NDMA in relief operations, says Field Marshal-TN
45. Thana Culture: 20-year-old girl raped by police officer inside Lahore police station-TN
46. Lahore declaration calls for national dialogue on new provinces-TN
47. PM orders authorities to complete privatisation programme-TN
48. Welcome Exemption-TN
49. Forces fully prepared to assist NDMA in relief, rescue operations: CDF-TNS
50. Armed forces reiterate support for Kashmir cause on Youm-e-Istehsal-TNS
51. Mir Raza Ali's father rejects suicide narrative surrounding son's death-TNS
52. Fazl warns against creating new provinces without public consent-ET
53. 78 Lahore cops suspended after ASI's alleged sexual assault of mentally challenged woman in police station-ET
54. UK opens Chevening scholarships, Commonwealth Startup Fellowship for Pakistanis-ET
55. FM Dar departs for Jordan to attend ministerial meeting on Jerusalem's worsening situation-ET
56. CDF Munir underscores disaster preparedness, inter-agency coordination amid floods, monsoon season-ET
57. Fact check:Viral video does not show police allegedly beating relatives of AJK protesters-ET
58. Pakistan to host Iranian officials as Trump’s patience wears thin-DD
59. PTI all set to ‘take to streets’ for Imran’s release today-DD
60. All foreign media personnel to require NOC from info ministry for news coverage outside Islamabad, Lahore and Karachi-DD
61. Karakoram Highway closed, Ghizer worst hit by more flash floods-DD
62. CJP Afridi promises women facilitation centres in courts nationwide-DD
63. Nepal mourns ‘generation lost’ to Broad Peak avalanche-DD
64. Fresh rainfall keeps flood threat alive-ET
65. Traffic alert: NHA urges travelers to avoid flood-hit highway route-PK
Other international
1. No double standard on hate speech-BR
2. Nepal mountaineers mourn ‘lost generation’ in avalanche-BR
3. Michigan primary offers key test of Democratic voters’ views on Israel-BR
4. SpaceX quarterly revenue surges in debut results but sales per subscriber fall- BR
5. US revokes Brazilian ambassador visa amid diplomatic row-DTS
6. Trump gives Iran ‘last chance’ warning-DTS
7. US, Iran close to sealing Hormuz deal-TN
8. Trump says 'all-day negotiation' was held with Iran on Tuesday-DD
9. Trump says Strait of Hormuz will open 'very soon' or Iran will be 'hit very hard'-DD
10. New report raises concerns over safeguards for advanced AI agents-TNS
11. UN says Gaza ‘unsafe’ as Israeli strikes hit tented classrooms and civilian homes-APP
12. Qatar says progress made toward US-Iran talks on ending war-DD
13. WATCH: Indian cargo vessel sinks off coast of Yemen-DD
14. Netanyahu rejects Gaza withdrawal before Hamas disarms-DTS
15. Palestinians mourn 112 people retrieved from rubble in Gaza-ET
16. Afghanistan's malnutrition crisis 'spinning out of control': UN-ET
17. Iran says Hormuz talks with Oman continue 'positively'-ET
18. Fresh Lebanon-Israel negotiations to begin in Rome-TNS
19. US says Hormuz deal likely 'today or tomorrow' despite fresh attacks at sea-TNS
20. US says Hormuz shipping route remains open despite Iranian threats-DD
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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