You can unsubscribe at any time.
12 January 2026
Author: Asif S Kasbati (FCA, FCMA & LLB)
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 updates Karachi property valuation 2026 for income tax purposes-PK
2. Collection of tax on immovable properties: tax bar association seeks end to ‘discriminatory’ enforcement-BR
3. ‘Discrepancies’ in FBR reward schemes: LHC issues notices to tax officials-BR
4. FBR top officials visit Balochistan to boost anti-smuggling efforts-PK
5. FBR, LEAs to boost collaboration for enhanced enforcement-DTS
6. Rule 20 Explained: Cancellation or Return of Supply Under Sales Tax for 2026-PK
7. How to Restore Active Taxpayer Status Under Sales Tax Laws in Pakistan (2026)-PK
8. Blacklisting and Suspension of Sales Tax Registration in 2026 – Rule 12 Explained-PK
9. Procedure for De-Registration of Sales Tax in 2026 – Complete Guide Under Rule 11-PK
10. Know About Changes in Sales Tax Return Filing for Tax Year 2026-PK
11. Due Dates for Filing Sales Tax Returns in 2026 (Pakistan)-PK
12. PRA issues notices to Punjab wedding halls over sales tax compliance-PK
13. PTBA urges FBR to end unequal enforcement of section 7E on properties-PK
14. PRA seals three outlets for non-compliance-BR
15. 'Pakistan to exit IMF programme this year'-ET
16. Secretary backs export tax relief, cheaper energy-ET
17. Urgent reforms proposed to avert another IMF loan -DD
18. Warns funding gap could derail IMF-linked Rs157bn budget surplus for FY26, provision of essential services in merged districts.-DD
19. IMF hails PIA privatisation as ‘milestone’ in reform drive-DTS
Economy & Inflation matters (including Import, Export & CPEC)
1. Business community real engine of country’s economy: NAB chairman-TN
2. Pakistan, Indonesia agree to establish joint trade committee to deepen economic partnership-TNS
3. Pakistan, Indonesia sign MoU on Joint Trade Committee to deepen economic partnership-TN
4. NLC starts work on Dedicated Freight Corridor & Multimodal Logistics Park, Pipri-TN
5. EDITORIAL: SMEs, stabilisation, and missing growth bridge-BR
6. PIAF urges govt to strengthen remittance framework amid strong inflows-TN
7. DPM/FM Dar, Egyptian FM reaffirm commitment to expand bilateral cooperation-APP
8. PBA lauds banking industry on securing positions in top 15 Asia-Pacific banks in 2025-TN
9. Pakistan wins Best Mixed Weaving Technique Design Award at int’l fair-TN
10. China Diplomacy in 2026 — community with a shared future-TNS
11. BMP calls for urgent reforms as SOEs post net loss of Rs 122.9b-TN
12. After PIA, Arif Habib sets sights on ‘blue economy’-BR
13. Stabilisation without growth is failing Pakistan-ET
14. All eyes on the airline market-DD
15. A high-stakes digital turn-DD
16. Rewiring Pakistan's growth model-ET
17. At OIC moot, Dar terms Israel’s recognition of ‘Somaliland’ act of ‘political aggression’-DTS
18. DPM/FM Dar urges OIC SG to step up efforts for realization of Kashmiri people’s right to self-determination-APP
19. Pakistan offers unparalleled advantages to regional, global markets: Jam-DTS
20. Power sector reforms to cut cost of doing business: PFC-APP
21. CM Murad orders swift completion of Sindh irrigation projects to protect food supply-PPT
22. Centre, Sindh push rail revival with $2bn Karachi–Rohri upgrade plan-PPT
23. Policy pivot for the smallholders-DD
24. UK car sales exceed 2m amid EV growth-TN
25. Wheat flour prices jump by up to Rs590 per 20kg bag in first week of January-TN
26. Growers advised to reduce vegetable watering during cold weather-TN
27. PBF proposes steps to strengthen agri yield, exports-DTS
28. PBF proposes steps to boost agri yield, exports-TN
29. PRA seals three outlets including renowned food chain-APP
30. FPCCI consultative session charts roadmap to boost Pakistan exports-PPT
31. Govt wants to transform Pakistan into IT hub-BR
32. Cement exports up 11.48pc to $151.13m in five months-TN
33. Turkiye objects to Pakistan’s anti-dumping probe into soda ash imports-TNS
34. Thousands of Irish farmers protest EU-Mercosur trade deal-TNS
35. ‘Structural reforms needed to overcome SOEs losses’-BR
36. Prices of essential food items show mixed trend-BR
37. Remittances hold the line in 1HFY26-BR
38. Pakistan, Indonesia to set up trade body-ET
39. Smog costing Pakistan billions annually, experts warn-TN
40. Pakistan’s struggle to scale its exports-DD
41. Shift to industrial potato varieties can double Pakistan’s export earnings-TN
42. Inflation targeting-lite: strategic transition or operational stopgap?-ET
36+ Customs Duty (including PSW)
1. Pakistan, Indonesia agree to form Joint Trade Committee as trade tops $4bn-PPT
2. Pakistan to set up $60–80m seafood processing zone at Korangi Fisheries Harbour-PPT
Company laws
1. SECP’s reforms boost company registrations, enhance business transparency-TN
2. Govt appoints Dr Kabir Ahmed as SECP chairman-TN
3. Govt appoints new SECP chairman-ET
4. SECP’s reforms boost company registrations, enhance business transparency-APP
5. SECP registers 21,542 new companies in First Half of FY26-PK
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. KP shifts payments for 43 public services to cashless system-BR
2. PBA congratulates banking industry on historic performance-BR
3. PPRA finalises Public Assets Disposal Regulations draft-BR
4. On diaspora dependency-DD
5. The not-terrible state of VC-DD
6. ABHI Microfinance Bank, Pathfinder Group ink MoU-TN
7. PM hails record remittances-DD
8. PBA hails S&P ranking of seven banks among 15 in Asia Pacific-DTS
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Selling engulfs bourse, KSE-100 sheds over 900 points in early trade-BR
2. Stocks wobble, dollar tips as Trump-Fed feud deepens-BR
3. Stocks down 1,133 on selling pressure-TNS
4. Dollar reels on criminal probe into Fed chair Powell-BR
5. Rupee likely to be range-bound next week-TNS
6. Spot gold rises more than 1% to hit all-time high at $4,563.61-BR
7. Gold, silver prices rise for second straight day-ET
8. Open Market Currency Exchange Rates in Pakistan – January 11, 2026-PK
9. Will Pakistani rupee continue strengthening against US dollar next week?-PK
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Edible Oil Conference: Experts highlight potential to boost industry-BR
2. Malaysia’s palm oil stocks surge to over 3 mln tons in December, hitting 7-year high-BR
3. Oil steady, investors weigh Venezuela export resumption versus potential Iran supply disruption-BR
4. Oil steady, investors weigh Venezuela export resumption versus potential Iran supply disruption-BR
5. Power Division won’t consume 9 more LNG cargoes worth $270m-TNS
6. Gas leakage incidents increase in Rawalpindi-TNS
7. Eight, including newlyweds, killed in Islamabad gas cylinder blast-TN
8. BR RESEARCH: Power sector fixes: Financial band-aids, structural bleeding-BR
9. FESCO achieves excellent performance in NEPRA’s Annual HSE Award-BR
10. HCSTSI assails power tariff rise-BR
11. Consumers paying Rs2.2trn for ‘ghost’ electricity: PDP-BR
12. Wapda shares power evacuation plan for Diamer Basha Dam Project-BR
13. K-Electric, Naya Nazimabad partner for one of Karachi’s biggest housing society grid stations-TN
Weather Updates
1. The Weather-BR
2. Dense fog disrupts flights, shuts motorways across Punjab-TN
3. Pakistan Weather Forecast for January 12, 2026-PK
HR
Sindh schools, colleges change timings amid severe cold wave-BR
Other Pakistan
1. PM reaffirms commitment to IT education, youth empowerment-TNS
2. PM says committed to IT edu, empowerment of youth-TN
3. Pakistan supports Somalia’s territorial integrity-BR
4. PM pledges support for youth, IT training-ET
5. Karachi rally: Afridi criticises Sindh govt for ‘cruel’ police action-BR
6. JI chief steps up criticism of PPP-BR
7. Mayor kicks off Rs70mn uplift projects in Lyari-BR
8. President summons NA session today-TNS
9. Confronting the population challenge-BR
10. Pakistan watches Iran unrest warily, fears spillover from any instability-ET
11. JCP to hold three crucial meetings today-ET
12. Pakistan rejects India’s remarks on defence cooperation with Bangladesh-TN
13. Forensic report indicates political figures’ presence during May 9 Peshawar violence-TNS
14. Punjab forensic lab confirms KP CM, PTI leaders in May 9 visuals-TN
15. Israel’s recognition of Somaliland violation of international law: Dar-TNS
16. Comment: Scenario in Iran unpredictable as situation fast deteriorates-TNS
17. State institutions asked to play vital role for restoration of peace-TNS
18. Youth act as a key driving force in promoting innovative and social ideas-TN
19. Lab report confirms May 9 arson attacks part of PTI’s ‘well-planned conspiracy’: Azma-TN
KU syndicate elections: SHC dismisses plea against non-inclusion of administrative officers on voters’ list-TNS
20. Nobel Peace Prize cannot be transferred: Norwegian Nobel Committee-TN
21. Former senator Mushtaq Ahmad launches new political party-TN
22. KP CM’s meeting with Sindh CM cancelled-TN
23. PM expresses grief over Islamabad cylinder accident, orders probe-APP
24. President expresses deep grief over loss of lives in gas cylinder blast-APP
25. DPM/FM Dar, Saudi Deputy FM discuss strengthening of strategic partnership-APP
26. Mohsin Naqvi lauds security forces for successful operations against militants in KP-APP
27. Turkey seeks to join Saudi-Pakistani defence alliance: Report-APP
28. NA Speaker calls consultative meeting of parliamentary leaders-APP
29. Hanif Masih, a man in his mid-50s and father of groom Sharoon Hanif, was jubilant just a day earlier when celebrations returned to his home after almost two years, following the marriage of his elder son.-DD
30. “The stark reality for the vast majority of people in the non-Western world, transcending everything, is poverty. Currently one quarter of the global population lives in near destitution and 3.5 million children die of starvation annually. What is ‘mental health’ in this broken social world?” (Summerfield, 2012)-DD
31. The morality trap-DD
32. Bracing for the new year-DD
33. Congregation recalls for early implementation of UN resolutions allowing Kashmiris to decide about their destiny-APP
34. Islamabad moves to address water shortage: Govt sets emergency plan, approves new dams for twin cities-APP
35. DPM/FM Dar terms Israel’s illegal recognition of Somaliland region as direct assault, flagrant violation of int’l law -APP
36. PM thanks expats for record remittances in Dec 2025-DTS
37. Dar warns Israel threatens Somalia’s internationally recognized borders-DTS
38. Forensic ‘report confirms KP CM’s presence’ in May 9 videos-DTS
39. Protests persist as Iran warns US, Israel of strikes if attacked-DTS
40. In Gaza hospital, patients cling to MSF as Israel orders it out-DTS
Other International
1. Trump says Iran ‘wants to negotiate’ and meeting ‘being set up’-DD
2. Sabalenka downs Kostyuk to claim Brisbane crown-DD
The below news items are extracted after sending yesterday e-TNSmail:
(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).
If your Goodself gets this email without Links, please contact us immediately.
Best regards
Kasbati & Co Team
Copyright © 2023 Kasbati | Email: info.kasbati@tax-excellence.com | Phone No: 02134329108, 02137296771, 02137296783