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05 September 2026
Author: Mr Asif S Kasbati (FCA, FCMA & LLB).
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
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
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
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-
Afghanistan
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),
(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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Kasbati & Co Team
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