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06 November 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 makes major changes in IRIS system-BR
2. FBR’s masterclass in policy uncertainty-BR
3. FBR notifies functions and procedures for faceless sales tax assessment-PK
4. FBR introduces new sales tax rules for advance payments against supplies-PK
5. RTO Hyderabad intercepts over 30 vehicles over missing digital invoices-PK
6. FBR explains tax valuation rules for employee salary benefits in Tax Year 2027-PK
7. TMA team, FBR chief discuss issues facing exporters-BR
8. ICT, Abbottabad rural properties: FBR revises valuation mechanism-BR
9. Corporate tax reforms, no cosmetic concessions-BR
10. Tax breaks, more lendings to SMEs: Kayani says tax reform roadmap being planned-BR
11. PRA decides to speed up registration of new businesses-BR
12. IMF urges Pakistan to widen tax base, accelerate reforms-BR
13. IMF urges Pakistan to accelerate structural reforms beyond economic stabilisation-PK
Economy & Inflation matters (including Import, Export & CPEC)
1. Economic development, investment, education: Pakistan, Saudi Arabia agree to enhance cooperation-BR
2. ECC approves Rs275bn for water projects, Rs84bn for armed forces-DD
3. PM Shehbaz orders removal of 80% export condition for SMEs seeking long-term financing-BR
4. Pakistan ready to boost trade, investment ties with Sudan: PM-BR
5. Small and Medium Enterprises: Aurangzeb directs lenders to expand timely access to credit-BR
6. Long-term financing: PM orders removal of 80pc export requirement for SMEs-BR
7. Govt plans 3-5 year tax reform to end boom-and-bust cycle: Kayani- BR
8. Higher production: Govt may allow additional 600,000 tons of sugar exports: Tanveer-BR
9. Islamabad and Rawalpindi businessmen: Minister announces formation of a joint working group-BR
10. PM expected to announce Pakistan’s new Auto Policy today-PK
11. Pakistan plans 8.2% increase in oilseed production target for 2026-27-PK
12. Pakistan receives another 59,132 tonnes of imported wheat at Karachi Port-PPT
13. Pakistan, Russia seek IT partnerships in AI, cybersecurity and cloud computing-PK
14. PM Shehbaz abolishes 80% export condition for SME financing-PK
15. PM orders removal of 80pc export condition for SME long-term financing-TN
16. Canada launches CAD $35m initiatives to strengthen Pak climate resilience, healthcare-TN
17. Pak-German Strategic Dialogue on Development Cooperation concludes-TN
18. Punjab develops sugarcane variety with 2,000 maunds per acre yield potential-TN
19. BMG, BMP form alliance to contest FPCCI polls-BR
20. Rabi sowing season: DAP shortage threatens crop yields-BR
21. Russia agrees to advance bilateral technology cooperation-BR
22. New customs values on import of titanium dioxide fixed-BR
460+ Company Laws
SECP enrols 5,003 new companies in Oct-TN
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP-held foreign exchange reserves rise $39mn to $21.56bn-BR
2. SBP foreign exchange reserves rise by $40 million to $21.56 billion-PK
3. Pakistan’s external debt doubles over a decade: World Bank-BR
4. Unified institutional framework for PC, P3A proposed-BR
5. Riyadh rolls over $3bn as prospects of $10bn US facility wane-DD
6. Saudi Arabia extends $3 billion loan rollover-ET
7. Saudi Arabia rolls over Pakistan’s $3 billion loan as govt awaits $10 billion US facility-PPT
8. Govt raises Rs194.96 billion through Sukuk auction, targets Rs250 billion in next sale-PPT
9. Federal cabinet approves new currency notes, Rs10 coin to replace banknote-PPT
10. Developing states debt hit record USD9.4trn in 2025: World Bank-BR
11. Pakistan’s external debt doubles over a decade: World Bank-BR=
12. ADB suggests ways to break boom-and-bust cycle- BR
13. SoftBank credit risk jumps to 4-year high as AI fears roil market-BR
14. Greek parliament approves 10% tax on cryptocurrency gains-BR
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. PSX: buying continues, KSE-100 gains nearly 2%-BR
2. Asia stocks crumble after AI rout rocks US markets-BR
3. Govt urged to publish data on wheat stock-BR
4. PSX extends rally for second session, reclaims 175,000 mark-ET
5. PSX surges nearly 4,000 points, crosses 172,000 as investors weigh US election results, Iran war-PPT
6. PSX investor base surges 47.3% to nearly 682,000 in 10 months-PPT
7. PSX extends trading suspension of three companies for another 60 days-PPT
8. Global stocks, US dollar fall as Democratic midterm sweep raises concerns over AI regulation-PPT
9. Stocks slide on Wall Street as investors worry about data centre backlash following US midterms-DD
10. Dollar holds, yen gains as equity rout saps risk appetite ahead of payrolls-BR
11. Gold price in Pakistan for today, November 05, 2026-PPT
12. Gold prices surge 2.4% to $4,021 per ounce as US dollar weakens after Democratic midterm victory-PPT
13. Uninterrupted supply of gas, water to textile industry demanded-BR
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Oil set for sharp weekly drop but Middle East supply concerns provide floor-BR
2. Govt drops petrol price by Rs9.41, diesel by Rs5.56 per litre-BR
3. Oil set for sharp weekly drop but Middle East supply concerns provide floor-BR
4. Negotiations with govt over petroleum levy reach final stage: JI Liaqat- BR
5. Petrol price slashed by Rs9.41, HSD’s by Rs5.56-BR
6. Denying fuel relief to registered beneficiaries: PM threatens to cancel licences of petrol pumps-BR
7. Petrol price slashed by Rs9.41 per litre, high-speed diesel by Rs5.56-DD
8. Pakistan cuts petrol price by Rs9.41 to Rs352.59 per litre for November 6, 2026-PK
9. Petrol price cut by Rs7.06, diesel by Rs3.71 for November 5-PPT
10. PM directs cancellation of petrol pump licences over failure to facilitate fuel subsidy beneficiaries-DD
11. PM Shehbaz orders cancellation of petrol pump licences over denial of fuel subsidies-ET
12. Editorial: If the newly announced LPG policy is enforced effectively, it may help end shortages and cut prices-DD
13. Oil falls for a fourth day on expectations for lower risk of Iran war escalation-ET
14. Global oil prices plunge over 8% to two-month lows after Democrats win US Congress-PPT
15. Discos seek Nepra’s nod to transfer Rs23.326b burden to consumers-TN
16. NA body recommends 132kV grid station at Padhana in public interest-APP
17. PMIF26: Pakistan invites global investors to explore its mineral potential-TN
18. Pakistan’s first Marble City to be set up in Karachi, says Sharjeel-TN
19. SSGC announces winter gas supply schedule for domestic consumers-PPT
20. Discos seek positive QTA adjustment of Rs1.34/kWh-BR
21. Excessive loadshedding at trade centres: KCCI urges PM to come to its rescue-BR
22. Sepco directed to provide power connections to streetlights-BR
23. LESCO detects 1,428 power theft cases worth Rs116m-BR
Weather Updates
2. Lahore’s air pollution a year-round problem, worsened by winter and agricultural burning: report-DD
3. Swat basin faces over 5°C warming by century’s end-DD
4. Balochistan sees first winter showers-DD
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Pakistan govt announces public holiday on Nov 9 for Iqbal Day-BR
2. Offshore Father value. Take care of family islamic education while going outside for family
3. Fresh polio case from KP’s Khyber district takes nationwide tally for 2026 to 9-DD
4. Pakistan reports ninth polio case of 2026 as virus spreads in K-P-ET
5. Seven-month-old tests positive for polio in KP’s Khyber district-TNS
6. PM seeks national strategy as country reports 9th polio case-TN
7. City vaccinates 1.34m children in three days of polio drive-TN
8. Over 6 million children vaccinated as Punjab concludes polio campaign in 12 districts-TN
9. Four cases registered over resistance to polio teams in Rawalpindi-DD
10. Editorial: Polio’s other victims-DD
11. Citizens in Islamabad left hanging amid unavailability of influenza vaccines-DD
12. 12-year-old boy from Balochistan dies of rabies in Karachi hospital-DD
13. Three children die in Peshawar cylinder explosion-ET
14. Heart patient’s son finds expired injection during emergency treatment at DHQ-TN
15. Minister Azma visits PIC, reviews healthcare facilities-TN
16. SZH takes patient-centred initiatives, administrative reforms-TN
17. Pakistan pledges to expand primary eye-care access to 60m people by 2030-TN
18. Safe drinking water essential to prevent waterborne diseases-APP
19. HSA holds forum to explore sustainable financing for tobacco control-APP
20. EPI urges parents to ensure timely vaccination of children-APP
21. DC pushes STEM education in public schools-TN
22. Pakistan aims to develop 1m AI professionals by 2030: Ahsan-TN
23. British Council, P@SHA join hands to advance digital employment opportunities in GB-TN
24. WEPs awards honour champions of gender equality-ET
Politics
1. As per Mr Baig Raj, Jamaat e Islami is powerful against PDL, without in National Assembly
2. Hafiz Naeem Sb speaking to all Pakistan Youth - Male & Female Online (and those those Others who feel them Young for Here & Hereafter and not become Aged)
3. ECP sets Feb 7 as polling date for first phase of Punjab local govt elections; KP polls delayed-DD
4. ECP announces February 7 for Punjab LG polls, suspends K-P election process-ET
5. Feb 7 polling day for first phase of Punjab LG elections: ECP-TN
6. Why did the ECP postpone local govt polls in Khyber Pakhtunkhwa?-DD
7. LHC moved for early LG polls in Punjab-DD
8. Schedule for LG polls challenged in IHC-TN
9. Federal Constitutional Court bars Peshawar High Court from hearing MPO detention cases-ET
10. FCC bars PHC from hearing cases of PTI workers detained under MPO-TN
11. FCC rejects JUI-F appeal against election of its own lawmaker-ET
12. FCC dismisses JUI-F appeal over KP reserved seat-TN
13. Noose tightens for Fazl, inner circle-ET
14. JUI-F chief calls PM helpless, questions constitutional amendments-TN
15. PPP’s history full of anti-democracy steps, TTAP reacts to proposed electoral reforms-TN
16. PTI workers detained in UAE: LHC terms foreign ministry’s report unsatisfactory-DD
17. Interim bail of PTI leaders extended in Radio Pakistan attack case-DD
18. Governor Kundi vows to prioritise KP’s security, uplift-DD
19. Countering terrorism top priority, says Kundi-ET
20. Emergency to emergency, the capture of the Lawyers’ Movement-DD
21. Salik Hussain says he is awaiting legal notice amid Punjab corruption row-TN
22. Ahsan Bhoon calls on Faryal Talpur at Zardari House-TN
23. Ali Dar given additional charge of international coop portfolio-TN
Karachi
1. Pakistan’s first ‘Marble City’ being established at Karachi: Sharjeel-BR
2. Plans to Practical & Reality in Karachi 9 Towns under Jamaat e Islami control (could be more town if no massive rigging by PPP - while PTI could not support, secure & control their winners
3. How many Karachi domicile people in Sindh Secretariat in Karachi
4. Official says 273 arrested in NCCIA raid on ‘illegal’ call centre on Karachi’s Sharea Faisal-DD
5. One dead, two injured after shop roof collapses on Karachi’s Manghopir Road: rescue services-DD
6. At least one killed, two injured as portion of building collapses in Karachi-ET
7. Sindh scraps municipal caretaker system-DD
8. Notices issued on plea against construction on Nehr-i-Khayyam in Karachi-DD
9. JIT summons Mir Raza Ali’s family for November 7 meeting-TN
10. KDA reclaims valuable amenity land after 22 years of illegal occupation-TN
11. IDF President visits ICCBS, University of Karachi-TN
Other Pakistan
1. PM inaugurates Rs1.45bn Kashmir Chowk underpass-BR
2. Details of Oct gifts deposited by PM in Toshakhana revealed-BR
3. A broader definition of harassment- BR
4. Petition filed in IHC challenging ECP’s October 21 order-BR
5. Dar, Araghchi discuss regional situation amid Iran war-BR
6. Sessions from Oct 13-30th: NA clears 17 govt and 7 private members’ bills-BR
7. NA body has directed ministry, management to help protect PSM’s assets from theft-BR
8. PNWC delegation visits foreign ministry-BR
9. Attack on Federal Judicial Complex: ATC judge defers framing charges against accused-BR
10. Denying fuel relief to registered beneficiaries: PM threatens to cancel licences of petrol pumps-BR
11. CM orders crackdown on crop residue burning, warns DCs over poor performance- BR
12. Collision between passenger bus, truck near Pakpattan claims 11 lives-DD
13. 11 dead, 33 injured in bus-truck collision near Pakpattan-TN
14. CM grieved over loss of lives in Pakpattan bus accident-TN
15. CDF visits SSG headquarters, stresses operational readiness for tackling security threats: ISPR-DD
16. Field Marshal Asim Munir visits SSG Headquarters-TN
17. Govt announces public holiday on Nov 9 for Iqbal Day-DD
18. Govt announces public holiday on November 9 to mark Iqbal Day-TN
19. PTA rejects ‘misleading’ notification claiming TikTok ban in Pakistan-ET
20. PTA dismisses ‘fake and misleading’ notification claiming TikTok banned in Pakistan-DD
21. Is TikTok really banned in Pakistan: PTA responds-PK
22. Govt to convert One Constitution Avenue into five-star hotel after JIT uncovers alleged fraud-PPT
23. Punjab to support Balochistan’s Safe City projects-ET
24. Chief Ministers Bugti, Maryam agree on joint efforts for safe cities in Balochistan-DD
25. Balochistan governor cautions against brain drain-DD
26. Metropolitan Corporation Islamabad closes G-10 weekly, ladies bazaars permanently-DD
27. FIA Islamabad Zone books 12 deportees from Libya in human trafficking case-DD
28. Safe City surveillance to be stepped up to curb crimes in Rawalpindi-DD
29. PA standing committee passes bill to impose jail term, fines for unauthorised stage productions-DD
30. Rs70.8m women’s bazaar razed without accountability for flawed planning-TN
31. CJP welcomes newly-elected cabinet of SCBA, bid farewell to outgoing cabinet-TN
32. ACE launches preliminary inquiry against former Khanewal DC-TN
33. DIG orders swift justice for wheelchair-bound elderly citizen-TN
34. SDPI sounds alarm over potential sheesha legalization in Islamabad-TN
35. 2 Chinese nationals held over dating app fraud-TN
36. Women’s role in security vital to national resilience, says Janjua-TN
37. Tarar calls for AI content labelling and stronger social media accountability-TN
38. Police martyrs’ families honoured at Lahore ceremony-TN
39. AI, technology reshaping future of journalism-TN
40. ECP has suspended all ongoing preparations for LG polls across KP-BR
41. Amendments proposed for ICT: Subcommittee to review family, inheritance laws-BR
42. Hafeez Sheikh apartments case: Accountability Court seeks report from NAB-BR
43. Dar holds telephonic talk with Omani FM-BR
44. FCC restrains PHC from hearing cases related to detention of PTI workers-BR
45. ABHI IPO price holds steady at Rs15/share on first day of book-building-BR
46. Dar reviews key health sector initiatives-BR
47. Sindh minister urges civil servants to focus on improving governance, service delivery-BR
48. CDF stresses preparedness for tracking security threats-BR
49. Manchester Airport Group pays tribute to PIA-BR
50. Dar, UK minister review bilateral relations- BR
51. Heads of state, foreign dignitaries: Construction of new ‘state lounge’ at Islamabad Airport initiated-BR
52. Balaj’s murder case hearing adjourned-BR
53. Ahsan for establishment of ‘autonomous’ PTA-BR
54. ECP sets Feb 7 as polling date for first phase of Punjab LG polls-BR
55. Mayor launches Rs418.6m road rehabilitation project-BR
56. Reliable connectivity vital to business operational efficiency: PTCL CEO-BR
57. Raja Nasir accuses govt of planning IK’s ouster at US behest-BR
58. Punjab adopts National Population Council Declaration- BR
59. Punjab distributes 10,000 tractors under subsidy programme-BR
60. Gillani supports LCCI’s call for consultation in lawmaking-BR
United States
1. Trump faces new political reality as Democrats vow investigations-DD
2. Republicans call for Trump to change course after midterm drubbing-ET
3. Democrats vow to rein in Trump as he shows off White House ballroom-ET
4. Explainer: What does Democratic control of Congress mean for Trump?-ET
5. Midterms over, Democrats plunge into wide-open 2028 presidential race-DD
6. Pakistan’s leadership veered too close to Trump. What now as his grip on Washington loosens?-DD
7. Editorial: US voters have spoken on Iran in midterms. Will Washington listen?-DD
8. US midterms clip Trump’s wings at home, not abroad-DD
9. US midterm fallout: Islamabad must immediately engage with Democrats-TN
10. Abdul El-Sayed backs Trump’s call to cut Israel aid-TN
11. Trump administration divided over Iran war as Vance privately criticizes Netanyahu: Reports-TN
12. Trump says Iran war worth it despite midterm elections losses-TN
13. Hawkish Fed expectations ease as US Democrats sweep midterms-TN
14. OpenAI kicks off charm offensive to change voters’ view of data centers-ET
China
1. What the US midterms mean for ties with China-DD
2. China, Pakistan team up to protect Gandhara relics-TN
3. Pak-China Friendship Hospital welcomes first newborn baby-APP
Other International
1. Trump faces new reality as Democrats vow investigations-BR
2. Trump says he met Putin envoy, sees Ukraine deal soon-BR
3. Houthis claim King Fahd Airport in Saudi Arabia’s Dammam targeted by drone-DD
4. Saudi strikes on Yemen kill 7 as 12-hour death toll reaches 24-ET
5. Iranian, Omani foreign ministers discuss regional developments amid Strait of Hormuz tensions-ET
6. Iran’s FM discusses latest progress in diplomatic efforts with Pakistani, Saudi, Qatari counterparts-TN
7. Pakistan, UK agree to deepen cooperation in security, trade and migration-ET
8. Cabinet ratifies defence pact with Kuwait-ET
9. Federal cabinet ratifies Pakistan-Kuwait Defence Cooperation Agreement-PPT
10. Saudi, Syrian defence ministries sign cooperation agreement, SPA reports-ET
11. Japan lauds Pakistan’s diplomatic role in promoting dialogue-TN
12. Japan celebrates 72nd anniversary of Self-Defense Forces Day-APP
13. Gadi Eisenkot tipped to seek Israel government with backing of Arab lists-DD
14. Largely peaceful marches take place across France as workers stage strike-DD
15. New wave of bomb threats hits passenger flights across Europe-DD
16. New wave of bomb threats hits at least 25 passenger flights across Europe-ET
17. New wave of bomb threats hits at least 27 passenger flights across Europe-TN
18. Comedian Russell Brand found guilty by UK court of rape and sexual assaults-DD
19. British govt defends Palestine Action ban in Supreme Court hearing-TN
20. Iran sentences activist to death over posts on X, says lawyer-TN
21. North Korea says it tested advanced air-defence missile system-ET
22. Authorities tighten restrictions on data centres amid AI boom-ET
23. Russia’s oil, gas revenues more than double to $11.9B in October-TN
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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