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DNVC 5.9.26=22.3.48

05 September 2026

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

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Sat, Sep 5, 2026 at 11:03 AM
Subject: DNVC 5.9.26=22.3.48

 

Dear Learned Recipient

 

If your Goodself gets this email without Links, please contact us immediately.

 

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 revises process for pending sales tax refunds-BR

2.             FBR changes FASTER rules to speed up sales tax refund processing -PK

3.             PCDMA warns FBR IRIS glitches are delaying sales tax returns -PK

4.             FBR declares Saturday, September 5, a normal working day -PK

5.             FBR tax-to-GDP ratio rises to 10.3%, Aurangzeb targets 12% -PK

6.             PM Shehbaz Sharif approves removal of senior FBR officer over corruption -PK

7.             ADB to provide additional $200 million for Pakistan tax reforms, urges broader tax base -PPT

8.             Members of ADR bodies: FBR proposes revised remuneration structure-BR

9.             KPRA grants GST relief to eligible FATA/PATA units-BR

10.          Top level Prominent Journalists finally came to support Jamaat e Islami actions against PDL - watch 3 Samples

11.          Global growth outlook firms to 3% as IMF warns of debt, energy shock, global imbalance risks -PPT

12.          IMF chief says joint reform approach 'worked well' in Pakistan -PPT

 

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

1.             Economy faces downside risks: FPCCI -DD

2.             Pakistan has successfully navigated a difficult economic turnaround: PM tells ADB VP -TN

3.             SEZs and EPZs: reform, not retreat-BR

4.             PM seeks early start of ML-1 -ET

5.             Difficult economic turnaround achieved: PM -TNS

6.             PM Shehbaz says Pakistan completes difficult economic turnaround -PK

7.             Trust in economic strength drops -ET

8.             FPCCI raises the alarm about Jul-Aug trade figures-BR

9.             Pakistan plans 38 PPP projects worth $6.5bn, pushes ahead with 27 privatisations -PPT

10.          PPPs, privatization critical to Pakistan's future economic growth: Muhammad Ali -APP

11.          Pakistan plans rupee-denominated, dollar-settled bond after $3 billion Eurobond sale -PPT

12.          A galaxy of languages-BR

13.          MoF working on rupee-denominated, dollar-settled bond: Aurangzeb-BR

14.          US CG meets business leaders, others during Hyderabad visit-BR

15.          ML-1 Railway project: PM, ADB VP discuss early groundbreaking-BR

16.          PAMRA launches ‘Mandi Mart’ project in three cities-BR

17.          FPCCI raises the alarm about Jul-Aug trade figures-BR

18.          MG Pakistan hosts ‘Experience More Karachi’-BR

19.          FCCI lauds Pakistan’s SCO chairmanship-BR

20.          Proposal to raise CSS age limit to 35 rejected -TNS

21.          Pakistan's trade deficit grows 18.1% to $7.12bn in Jul-Aug -PK

22.          Pakistan's forex reserves decline by $59m in one week -PK

23.          Finance minister for stronger domestic private equity ecosystem -TN

24.          Efforts on to cut civil govt, debt servicing expenses -ET

25.          Pakistan pushes ADB for more funding for ML-1, public-private partnerships -DD

26.          Firms' enrolment crosses 300,000 milestone -DD

27.          Kissan Ittehad seeks 1m tonnes in sugar exports -DD

28.          Growers demand free sugar market -ET

29.          Sweetener's import raises eyebrows -ET

30.          Pakistan plans major shift toward high-value agricultural exports -PK

31.          Ahsan Iqbal calls export growth Pakistan's only sustainable path -PK

32.          K-P renews push to enrol out-of-school children, expand girls' education -ET

33.          PKI President calls for complete deregulation of sugar sector- BR

34.          Pakistan’s missing export machine-BR

35.          Houthi bid to seize gateway to Red Sea leaves 120 dead-BR

 

36.          SPI-based inflation up 0.65pc WoW-BR

 

460+ Company Laws

1.             NFA to extend forensic expertise to CCP-BR

2.             SBP rejects 'misleading headline' linking Raast to money laundering in wake of FATF report -ET

3.             CCP, NFA sign MoU to strengthen competition law enforcement -APP

4.             CCP, NFA ink MoU to strengthen institutional coop -TN

 

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

1.             SBP reacts to social media post-BR

2.             The banking sector’s next test-BR

3.             SMEDA, SBP explore cluster-based lending for SMEs-BR

4.             ADB to help transform tax collection system -ET

5.             Addressing uplift needs: ADB reaffirms its support for Pakistan’s efforts-BR

6.             PM Shehbaz, ADB vice-president discuss early groundbreaking of ML-1 -ET

7.             NA panel takes notice of double duty on EV chargers -TN

8.             Rs12b Gadani shipbreaking yard overhaul begins -TN

9.             Currency rates of NBP -APP

10.          NBP issued exchange rates -APP

11.          Govt appoints Imran Sarwar as NBP's president, CEO -TN

12.          Imran Sarwar appointed NBP president and CEO for three years -PK

13.          Foreign exchange rates -APP

 

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

1.             PSX gains 399 points as late buying reverses early losses -PPT

2.             PSX rebounds, gains 153 points -TN

 

3.             Dollar-settled rupee bond being planned: Aurangzeb -TNS

 

4.             High gold prices: Cabinet’s nod sought for VAM revision-BR

 

5.             APTMA, CAP to work for brand development globally-BR

 

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

1.             Diesel price rises Rs3.74, petrol falls Rs3.13 per litre-BR

2.             Oil slides, heads for weekly gain-BR

3.             PSO and Islamabad Police foil pipeline fuel theft; two arrested-BR

4.             US diesel price hits new high-BR

5.             PAEC, PSO forge strategic partnership for efficient fuel supply-BR

6.             PIBF launches campaign against petroleum levy-BR

7.             Jamaat e Islami Highly Technical Committee VS Govt Form 47 based non-Technical Committee

8.             Up to Rs20 per litre cut in HSD price in one go likely -TNS

9.             Weekly inflation rises 0.65% as onion prices surge over 26% -PPT

10.          Weekly SPI inflation rises 0.65% as onion prices surge -PK

11.          Higher food prices push up Sensitive Price Index -DD

12.          Oil prices set for weekly gain as US-Iran hostilities intensify -PPT

13.          Oil prices hit fresh 6-week highs on renewed Middle East tensions -PPT

14.          Yen heads for strongest weekly gain in over a month as BOJ rate hike bets rise -PPT

15.          Asian shares rise as Fed rate hike fears ease ahead of US jobs data -PPT

16.          Govt reduces petrol price by Rs3.13, increases HSD by Rs3.74 -DD

17.          Govt decreases petrol price by Rs3.13, increases HSD by Rs3.74 per litre till Sept 7 -ET

18.          Diesel price jumps Rs3.74 per litre as govt cuts petrol price by Rs3.13 -PPT

19.          Petrol price nears Rs350 per litre in Pakistan -PK

20.          Petrol price cut by Rs3.13, diesel hiked by Rs3.74 for next three days -PK

21.          Petrol price hits Rs346 per litre -TN

 

22.          PPP blocks parliamentary proceedings on 2 gas revenue bills amid rift with govt -DD

23.          'Fertilizer bag may get Rs700 costlier' -ET

24.          PAEC, PSO sign fuel supply deal -ET

25.          PAEC, PSO forge strategic partnership for efficient fuel supply -APP

26.          PAEC, PSO sign fuel supply deal -ET

27.          PAEC, PSO forge strategic partnership for efficient fuel supply -APP

28.          'Delay in refineries' upgrade costs Pakistan dearly' -TNS

29.          'Fuel pricing changes threaten billions in refinery investment' -TNS

30.          Petroleum pricing committee deliberates on measures to make fuel pricing more transparent, predictable -TN

31.          Govt sets Jun '27 target for petrol deregulation -ET

32.          Pakistan targets June 2027 for shift to deregulated petrol pricing -PP

 

33.          OGDCL posts highest-ever annual profit, dividend-BR

34.          OGDC announces financial results for Year Ended June 30 -APP

35.          Pakistan again rejects $26.71 LNG bid amid price surge -TNS

36.          OGRA raises wellhead gas prices by up to 10% for second half of 2026 -PPT

 

37.          Detection billing system: Power Division decides to introduce reforms- BR

38.          BESS made mandatory: Nepra approves amendments to electricity wheeling auction process-BR

39.          765kV Dasu-Islamabad project: Senate panel voices its concerns over malfeasance, delays-BR

40.          The discount nobody noticed-BR

41.          Positive FCA allowed: Nepra increases tariff by Rs2.0581/unit-BR

42.          Nepra raises electricity costs by Rs2.58 per unit -DD

43.          Nepra approves Rs2.58 per unit hike in power tariff -TNS

44.          DISCOs told to automate detection bills amid overcharging complaints -PPT

45.          Power Division to automate detection billing to curb overcharging -PK

46.          Electricity bill shock: NEPRA slaps consumers with Rs2.06 per unit hike -PK

47.          Steering committee reviews progress of KWSIP-BR

 

Weather Updates

1.             The Weather-BR

2.             More rain forecast in Islamabad, Rawalpindi -DD

3.             PMD forecasts more rain, thunderstorms in upper parts on Sept 4-5 -TN

4.             Rain brings relief from heat in City; more showers expected -TN

5.             PDMA issues alert about more monsoon rains across Punjab -TN

6.             Weather, war push up food prices: FAO-BR

 

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

1.             FCC holds one-day training session on safety, emergency preparedness-BR

2.             Kamal pays surprise visit to PIMS Cardiac Centre -APP

3.             Police complete inquiry into PIMS fire, send report to IG -TN

4.             Speakers call for coordinated national response to malnutrition crisis -DD

5.             Need to bridge policy gaps to address malnutrition, sanitation -DD

6.             1 in 16 Pakistani kids experience digital abuse: Unicef -TNS

7.             Nearly 20m children experienced online sexual abuse: UNICEF -TN

8.             Emptying West Bank refugee camps may be a war crime: UN -DD

9.             Gaza doctors trained in Pakistan advised to return home, serve war-hit communities -TNS

10.          NA panel demands action over violence against women -TNS

11.          Islamabad High Court seeks government's explanation over failure to enforce fire safety laws -DD

12.          Fire safety training a must for Wasa staff across Punjab -DD

13.          GB govt to overhaul mountaineering rules after Broad Peak, Spantik tragedies -TNS

14.          Nvidia to buy Hugging Face for $13b in big bet on open AI models -ET

15.          Chipmaker Nvidia to acquire AI developer platform Hugging Face for nearly $13B -TN

16.          OpenAI agents hijacked German website in previously undisclosed AI breakout this spring -DD

17.          OpenAI launches new Astra model amid growing scrutiny over agents' safety -ET

18.          Los Angeles is banning generative AI in schools -DD

19.          NY's AI school ban -ET

20.          CDA employees' children to get fee discount under GSIS MoU -TN

21.          Biometric verification made mandatory for federal pensioners -TN

22.          IAEA Training Course on Nuclear Crop Breeding concludes at NIAB Faisalabad -APP

 

Politics 

1.             PPP questions PM Shehbaz's silence on new provinces -DD

2.             PPP freezes govt support amid grievances -ET

3.             Bilawal-Zardari London meeting ends with PPP's resolve to resist Sindh division -TNS

4.             Asif stresses greater devolution, questions PPP's 'double standard' on new provinces -TNS

5.             LGs could end new provinces debate, says Hamza -TNS

6.             Bilawal arrives in London for family visit -TN

7.             Democracy and stability more important than new provinces, National Party leader says -DD

8.             AJK's PML-N led government forms eight-member cabinet -ET

9.             Eight-member AJK cabinet sworn in -ET

10.          Challenges for the new AJK govt -DD

11.          Justice Raheel Kamran Sheikh resigns as LHC judge -TN

12.          MPA Saqib Chadhar, wife cleared in Momina Iqbal harassment case -TN

13.          Govt transfers ISI's internal wing chief Maj Gen Faisal Naseer to Nacta -DD

14.          Major General Faisal Naseer appointed as NACTA national coordinator -ET

15.          Maj Gen Naseer's appointment puts Nacta back in focus -TNS

16.          JI to continue sit-in protests, Hafiz Naeem says after govt delegation visits Mansoora -TN

17.          JI warns of march on Islamabad if demands not met -TNS

 

Karachi

1.             Scuffle in Karachi's DHA: Inquiry report says allegations in FIR 'not substantiated' -DD

2.             Karachi DHA scuffle: Inquiry holds SSP Korangi 'responsible for negligence' -TNS

3.             Karachi DHA assault video sparks social media outrage -ET

4.             'Sindhu Desh Naa Manzoor' chants bring Sindh Assembly to a standstill -ET

5.             Sindh Assembly adopts resolution against division of province amid opposition boycott -DD

6.             Judge criticises Mir Raza's business partner for concealing facts -DD

7.             Judicial commission summons SHO in Mir Raza Ali murder case -ET

8.             Karachi court acquits driver in drug case filed over 2024 accident that killed 2 in Karsaz -DD

9.             Natasha acquitted in drug case linked to Karsaz accident -ET

10.          Nearly 350 illegally built shops, houses in North Karachi on KDA's radar -DD

11.          SMIU VC emphasises students to make thoughtful choices about academic fields -TN

12.          FUUAST holds Urdu debate competition titled "Hum Azad Hain" -TN

 

Other Pakistan

1.             PM for strong, effective UN in promoting peace, security-BR

2.             Punjab emerging as a model in conservation, promotion of wildlife-BR

3.             Punjab orders digitalisation of horticulture revenue collection-BR

4.             Private Hajj bookings gain pace as firms upload packages on portal-BR

5.             Sharjeel reviews plans to expand public transport services-BR

6.             JI Ladies Wing also participated on 20th Dharna day

7.             If Mir Ali Raza Killers are not caught Pakistan be worst for Govt than happened Bangladesh, Srilanka & India

8.             Too much fuss over faceless justice-BR

9.             Uraan Pakistan: Senate panel questions C/A target shortfall-BR

10.          LG-related legislation not to affect delimitation drive in ICT- BR

11.          At least 1.5m child surfers faced abuse in a single year: UNICEF-BR

12.          Offloading of citizen: IHC summons FIA official-BR

13.          Demolition of Hindu temple: Islamabad rejects New Delhi’s assertions-BR

14.          PPP projects worth USD6.5bn need massive expansion: adviser-BR

15.          Dar expresses solidarity with govt, people of Nepal-BR

16.          Dar, Envoy Olara discuss evolving global landscape-BR

17.          KP CM uses chartered plane to run street movement: Azma-BR

18.          CM hails successful IBO in Kalat-BR

19.          Eight-member AJK cabinet takes oath-BR

20.          Anti-smog crackdown intensified across Lahore Division-BR

21.          CM announces seven more electric buses for Sargodha-BR

22.          Maj-Gen Faisal Naseer made NACTA coordinator-BR

23.          48 terrorists killed in major operations across Balochistan-BR

24.          ANF says Afghan drug network disrupted, 671kg of meth seized -ET

25.          Pakistan, Sri Lanka seize 671kg methamphetamine in joint operation -TN

26.          Security forces eliminate 12 India-backed terrorists in Kalat IBO: ISPR -TNS

27.          ANF-led intelligence operation seizes 671kg of methamphetamine in Pakistan, Sri Lanka -PPT

28.          Police register case against woman's husband, cousin after she is found dead in Rawalpindi home -DD

29.          12 illegal housing societies razed in Sahiwal -DD

30.          SHO arrested for illegally detaining man in Sahiwal -DD

31.          Registration for Basant kite manufacturers to begin in Lahore tomorrow -DD

32.          Basant 2027: Portal registration date announced -TN

33.          Punjab CM orders restructuring of DGPR -TN

34.          CM Maryam approves DGPR restructuring, new headquarters -TN

35.          Liquor permits spark debate in PA -TN

36.          Prisoners move PHC against govt for not enforcing judgement on remission -DD

37.          Shutter-down strike observed, rallies held in KP on Jamaat's call -DD

38.          Illegal Afghans arrested in Mansehra crackdown -DD

39.          Man awarded life sentence for smuggling drugs in ambulance -DD

40.          KP records 98 dengue cases in a week -DD

41.          Plan to allow commercial activities in Islamabad's Zone III raises eyebrows -DD

42.          CDA accelerates upgradation of Diplomatic Enclave to international standards -TN

43.          State Minister for Interior pays visit to Islamabad Model Jail, reviews final arrangements -TN

44.          Farmers call for 'agriculture emergency' in Balochistan -DD

45.          Govt pursuing zero-tolerance policy against drugs: CM Bugti -DD

46.          Reports of female Balochi folk singer's death in Dera Bugti dismissed as 'misinformation' -DD

47.          Poor connectivity in Gilgit-Baltistan hampers tourism and disaster response, CM tells Senate panel -DD

48.          40 farmers selected through balloting for mini dams in Chakwal, Talagang -TN

49.          Seven more electric buses announced for Sargodha -TN

50.          Nehal Hashmi urges photojournalists to promote positive image of Pakistan -TN

51.          Shikarpur police launch operation against Gutka, Mainpuri -TN

52.          SSP holds public hearing of complaints -TN

53.          Dr Umair Haroon lauds SSU security training handbook -TN

54.          Commissioner orders immediate action to improve Dialysis centre -TN

55.          Four LPG shops sealed for violating regulations -TN

56.          Pakistan embassy marks Defence and Martyrs' Day -APP

57.          Khichi stresses global promotion of Pakistan's literary, intellectual heritage -APP

58.          Shipping Activity at Port Qasim -APP

59.          inDrive Pakistan Country Manager emphasizes untapped mobility potential, ride-pooling growth -APP

 

Afghanistan

Editorial: Talks with Kabul hinge on the Taliban ending support for terrorist groups based on Afghan soil -DD

 

United States

1.             'We have essentially taken over Iran': Trump -DD

2.             Trump wants to leave Iran but cannot say when -DD

3.             Trump says pipelines in Middle East rendering Hormuz Strait unnecessary -DD

4.             War has made Tehran more confident, say US intelligence agencies -DD

5.             US approves $5bn sale of bombs to Saudi Arabia -DD

6.             US approves $5bn sale of bombs to Saudi Arabia -TNS

7.             US Treasury sanctions Turkish bank accused of facilitating China-Iran trade for IRGC -TNS

8.             Vance says US-Iran fighting is not a war as conflict enters seventh month -TNS

9.             Vance says US not talking to Iran unless they stop shooting at ships -DD

10.          US military turns off ad trackers on devices amid Middle East targeting reports -ET

11.          US House passes bill to crack down on university boycotts of Israel -ET

12.          US judge says he must declare mistrial in Lindsay Clancy trial over killing her children -ET

13.          Maduro's defense team asks US judge to dismiss charges, citing head-of-state immunity -TN

14.          New York's Muslims reclaim their city 25 years after 9/11 attacks -DD

15.          NY Muslims reclaim their city after 9/11 backlash -ET

16.          An un-American law -ET

17.          Minneapolis shooting leaves two dead and several injured, including three police officers -TNS

18.          Ex-Pakistan coach Jason Gillespie tells Aaqib Javed to 'look in the mirror' over cricket team sackings -DD

 

China

Chinese banks turn to US Treasuries after raising dollar deposit rates, sources say -PPT

 

Other International

1.             Trump says envoys taking plan to 'end the war' to Moscow, Kyiv-BR

2.             FO rejects India's claims over Narowal temple demolition as 'false, politically motivated' -ET

3.             FO rejects India's temple demolition claims -ET

4.             Pakistan dismisses India's 'false' claims over Narowal temple damage -TNS

5.             Pakistan rejects India's statement over Narowal temple damage -TN

6.             Security forces kill 48 terrorists in 'high-tempo' Balochistan operations over 72 hours: ISPR -DD

7.             48 terrorists killed in IBOs across Balochistan over 72 hours: ISPR -ET

8.             48 terrorists killed in Balochistan IBOs -ET

9.             Security forces kill 48 India-backed terrorists in Balochistan -TNS

10.          Security forces kill 15 terrorists at Pak-Afghan border: ISPR -TN

11.          Security forces kill 48 terrorists in multiple operations across Balochistan: ISPR -APP

12.          President, PM commend security forces for successful Balochistan operations -APP

13.          Freedom Flotilla announces new mission to Gaza in October -ET

14.          Israeli ministers call for Gaza expulsion -ET

15.          Israel claims capture of strategic highland in southern Lebanon -DD

16.          Israeli strikes on Lebanon kill three: ministry -DD

17.          Israel targets Kuwait as US VP advises Tehran to stop Hormuz attacks -TN

18.          Iran buries US wedding attack victims amid fresh strikes on Kuwait -TNS

19.          Iran wedding deaths likely caused by US hit -ET

20.          129 killed as Yemen fighting surges -ET

21.          Major flare-up in Yemen leaves nearly 130 dead -DD

22.          Ukraine offers Russia truce as US envoys visit Moscow, Kyiv -DD

23.          Third sabotage attempt made on German grid -DD

24.          WHO says key Kyiv warehouse destroyed -ET

25.          Dozens of migrants feared dead after boat rescued off Canary Islands -TN

26.          Cathay Pacific cancels flights to Dubai, Riyadh until Dec. 1 -TN

27.          DPM Dar chairs meeting to review recent diplomatic engagements -APP

28.          DPM, Ambassador Otunnu discuss evolving global landscape -APP

29.          UOL moot explores strategic impact of Makkah defence alliance -TN

30.          UOL conference decodes strategic shift of Makkah Joint Defence Agreement -ET

31.          PM reaffirms Pak support for multilateralism -ET

32.          What conclusions can we draw from the three-power pact between Pakistan, Turkiye and Saudi Arabia? -DD

 

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), The Nation (TN) & Associated Press of Pakistan (APP)] and

 

(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).

 

Best regards

Kasbati & Co Team


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