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DNVC of 12.3.26=22.9.47

12 March 2026

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

From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Thu, Mar 12, 2026 at 11:26 AM
Subject: DNVC of 12.3.26=22.9.47
 
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 offices to remain open on Friday-BR

2.             FBR to continue full operations despite government austerity measures-PK

3.             Super tax: Recovery only after adjustment of pending refund claims, FTO tells FBR-BR

4.             FTO directs FBR to adjust refunds before recovery of Super Tax-DTS

5.             Investors, issuers in capital markets: MoF initiates consultations to review tax-related issues-BR

6.             Pakistan agrees with IMF to streamline tax policies, limit SROs-TNS

7.             IMF, Pakistan fail to reach staff-level agreement on review-DTS

8.             IMF mission fails to reach staff-level agreement with Pakistan, talks to continue-DD

 

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

1.             APNS urges PM to help ensure payment of dues before Eid-BR

2.             Business community says concerned at enormity of economic challenges-BR

3.             Uzbek delegation visits LCCI-BR

4.             OPEC confirms big Saudi oil production hike ahead of Iran war, holds forecasts steady-BR

5.             Punjab Economic Transformation Committee formation lauded-BR

6.             Senate panel reviews absorption of PWD employees in other depts-BR

7.             Comprehensive plan being mapped for crop-wise agricultural policy-APP

8.             PSDP 2025–26: Rs558.12bn authorised against budgeted Rs1trn-BR

9.             Finance Minister holds virtual meeting with PBA on evolving economic situation-APP

10.          Cybersecurity vital for digital trade, innovation, and growth-APP

11.          Uzbekistan urges expansion of trade, investment ties with Pakistan at LCCI Business Forum-APP

12.          Strengthening export-led sectors remains central to economic revival strategy: Aurangzeb-TN

13.          Tech fails to break mandi monopoly-ET

14.          Rana Tanveer reaffirms resolve to transform agri research system-DTS

15.          The Rs82bn windfall-TNS

16.          Standard Chartered evacuates staff from offices in Dubai today, sources say-TNS

17.          Drone strikes near Dubai airport deepen Gulf aviation chaos-TNS

18.          ICMA calls for targeted credit to fuel growth while keeping rate steady-TNS

19.          Car sale and production surges 45.5%, 52.3% in eight months-DTS

20.          Machinery imports rise 12.88 in seven months-APP

21.          PFC delegation off to Singapore to expand furniture exports-APP

22.          Export push: Aurangzeb holds talks with textile barons-BR

23.          Textile exporters warn of disadvantages-DD

 

24.          Govt evaluating implications for inflation, external accounts amid ME crisis: finmin-DTS

 

36+ Customs Duty (including PSW)  

1.             Port Qasim unfazed by Strait of Hormuz tension-BR

2.             Four petrol-laden ships arrive at Port Qasim amid fuel crisis-DTS

 

460+ Company Laws

1.             Finance Minister Aurangzeb directs SECP to accelerate capital market reforms-PK

2.             Finance Minister directs SECP to strengthen capital market outreach, chairs CMDC meeting-APP

3.             SECP licenses corporate restructuring company and digital investment Adviser-APP

4.             Acquisition cleared-DD

5.             Farid Tarar appointed CCP chief-BR

6.             CCP authorises inDrive Group’s acquisition of KRRAVE-DT

7.             KRRAVE: CCP authorises majority acquisition shareholding by Suol Innovations-BR

8.             CCP authorizes in Drive Group’s acquisition of E-Commerce platform KRRAVE-APP

9.             Govt appoints Farid Ahmad Tarar as CCP chairman-TN

 

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

1.             Foreign exchange rates-APP

2.             NBP Exchange Rates-APP

3.             Currency rates of NBP-APP

4.             Remittance lifeline faces deeper Gulf risk-BR

5.             Middle East conflict may pose risks to projected remittance inflows-BR

6.             Jul-Jan foreign assistance up 12.77pc to USD5.17bn YoY-BR

7.             SBP Releases Today’s Interbank Foreign Exchange Rates – March 11, 2026-PK

8.             SBP releases daily KIBOR rates for March 11, 2026-PK

9.             Government borrowing from commercial banks surges 203% in 8MFY26-PK

10.          Massive cash withdrawals drain Rs790 billion from Pakistan banks in January 2026-PK

11.          Finance minister stresses ‘more balanced’ system where capital markets complement banking sector-DD

12.          Aurangzeb meets bank leaders to review financial situation amid regional developments-PK

13.          Finance minister chairs meeting to boost Pakistan’s capital markets-APP

14.          Finance minister seeks reforms to deepen corporate bond market-TNS

15.          Multi-country climate investment fund proposed-TNS

16.          Cyber law vital for digital investment-ET

 

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

1.             KSE-100 sheds over 300 points after volatile trading at PSX-BR

2.             KSE-100 ends lower after early rally loses steam-DD

3.             KSE-100 slips 319 points on cautious trade-TNS

4.             KSE-100 index stumbles 319 points amid global oil price jitters-PK

5.             PSX turns bearish, loses 318 points-TN

6.             Choppy trading drags PSX lower-ET

 

7.             Rupee gains 1 paisa-TN

8.             Today’s Currency Exchange Rates in Pakistan – March 12, 2026-PK

9.             Rupee gains 01 paisa against US Dollar-APP

10.          Rupee makes marginal gain against dollar-DTS

11.          Rupee remains firm in interbank-TNS

 

12.          Today’s Gold and Silver Prices in Pakistan – March 11, 2026-PK

13.          Gold steady as dip‑buying offsets firm dollar, US inflation woes-BR

14.          Gold extends winning streak in Pakistan, soaring Rs3,700 per tola today-PK

15.          Gold price jumps by Rs 3,700 per tola-APP

16.          Gold price jumps by Rs3,700 per tola-TN

17.          Gold hits Rs543,262 on oil price concerns-ET

18.          Gold price jumps by Rs 3,700 per tola-DTS

19.          Pakistan Gold today price & History with search of any date

20.          Pakistan Silver today price & History with search of any date

 

21.          World Gold & SIlver Prices Live and Gold Price World Price History

22.          World Silver & Gold Price Live and Silver History (USD)

 

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

1.             PSO strengthens fuel supply chain to ensure Pakistan’s energy security-APP

2.             Pakistan fuel supplies stable despite Middle East oil turmoil, PM aide tells Bloomberg-BR

3.             Fuel price hike adds to Ramazan inflation burden-DD

4.             Fears of fuel shortage in Pakistan as tankers wait to fill up-TNS

5.             Tanker drivers claim they are facing long waits at depots due to fuel shortage-DD

6.             FPCCI urges immediate cut in petroleum prices after arrival of oil vessels-PK

7.             Pakistan to review petroleum prices weekly amid Middle East tensions-PK

8.             FPCCI demands cut in petroleum products prices-APP

9.             Petrol price hike triggers increase in retail and transport fares-DTS

10.          Govt approves weekly oil price proposals-ET

11.          Oil climbs as tankers are attacked in Iraqi waters amid Middle East war-BR

12.          Oil prices up 4% as supply fears mount despite record stocks release plan-BR

13.          Oil climbs as tankers are attacked in Iraqi waters amid Middle East war-BR

14.          Oil imports on CIF basis allowed for 60 days-DD

15.          Saudi Arabia activates desert oil pipeline-DD

16.          Fighting oil price hikes-DD

17.          On CIF basis for 60 days: SBP allows import of crude oil, POL items-BR

18.          KP takes lead in oil production-BR

19.          SBP allows 60-day CIF import of crude, petroleum products-TNS

20.          SBP allows import of crude oil, petroleum products on CIF basis-APP

21.          SBP permits CIF-based oil imports amid Iran war uncertainty-PK

22.          Oil Vessels Handling at Port Qasim: Full Details for March 11, 2026-PK

23.          Oil industry raises concerns over mandatory EV chargers at petrol stations-TNS

24.          Will the biggest release of strategic oil reserves ease crisis?-TNS

25.          Oil terminal declared environmental hazard: EPA summons officials over pollution complaints-TNS

 

26.          OGRA refutes reports of LPG price increase-DTS

27.          US natural gas futures higher-BR

 

28.          Feeders classified beyond Category-1: FESCO acknowledges many technical, administrative factors-BR

29.          K-Electric board elections: Deadline to file director candidature is March 19, 2026-PK

 

Weather Updates 

1.             The Weather-BR

2.             Pakistan weather at risk as Iran conflict may worsen air quality, PMD warns-PK

3.             Rain, snowfall Lightning kills 4 in Shangla, Mansehra-TNS

 

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

1.             Two brothers among four people killed in traffic accidents-TNS

2.             Several drugs, vaccines disappear from market due to price fixation deadlock-BR

3.             Research institutions: Minister for modernisation, restructuring-BR

4.             NA approves 25pc cut in MNAs’ salaries-BR

5.             Ministers and advisers forgo salaries-BR

6.             Pakistanis warned to safeguard children’s data-BR

7.             HEC scholarships for GB students achieves 99pc utilisation ratio-TNS

8.             Exhumation of labourer’s body demanded-TNS

9.             Biometric attendance to be introduced in Matric exams-TNS

10.          ‘Free treatment being provided at AQ Khan Hospital’-TNS

11.          Sindh universities shift to online classes amid fuel-saving measures-PK

 

Interesting, Motivational & Exemplary

1.             Insulting Mother Aisha RA is stated prohibited by Shaheed Ayatollah Khamenei (read historical reported statement). Hence, let us have Ummah Concept and be united

2.             Trump controversial statements

3.             To support Iran, take out money from US, Israel, etc Banks - Points to Ponder upon to avoid freezing of accounts, etc - See indirect indications

 

Islam Here & Hereafter

Hazrat Ali’s (RA) teachings a guiding light for us: Azma-TNS

 

Other Pakistan

1.             LBA says will observe strike today-BR

2.             SC explains applicability of taxing statute to transactions-BR

3.             Al-Qadir Trust fraud case: IHC imposes R0.1m fine on NAB for employing ‘delaying tactics’-BR

4.             Token austerity-DD

5.             Iran wants no regional conflict, Pezeshkian tells Shehbaz-TNS

6.             British envoy calls on Achakzai-TNS

7.             Proactive measures initiated for dengue prevention-TNS

8.             Govt urged to provide more ambulances to Charsadda hospital-TNS

9.             ‘Youm-e-Quds’ to be observed tomorrow-TNS

10.          Radio Pakistan attack case: KP CM, other PTI leaders nominated as accused-TNS

11.          Upcoming summer season: CM wants early plan to tackle risk of flash floods-TNS

12.          SHC seeks govt comments on plea against LG law amendments-TNS

13.          Exhumation of labourer’s body demanded-TNS

14.          ‘International standard sports facilities being built across Punjab’-TNS

15.          Chinese envoy shuttling between Islamabad, Kabul to facilitate peace talks-TNS

16.          2,000 families being provided free residential plots: minister-TNS

17.          Over 30,000 cops perform duty on Youm-e-Ali: IG-TNS

18.          Pakistan must strengthen cyber defences to meet digital era threats: Kundi-TNS

19.          Couple found dead mysteriously in house-TNS

20.          PMDC recommends recognition of postgraduate dental programmes of Liaquat College through KU-TNS

21.          Citi also evacuates Dubai offices, HSBC closes Qatar branches: Strait of Hormuz in crosshairs as Iran attacks India-bound ship, 2 others-TNS

22.          Dar-led panel clears FFC entry into PIA buyer consortium-TNS

23.          PA’s austerity measures MPAs’ salaries, allowances cut by 25pc-TNS

24.          Extortionists fire gunshots at restaurant in Nazimabad-TNS

25.          Sindh to provide dairy animals to poor families: Malkani-TNS

26.          Mayor briefs Bilawal on key infrastructure projects in Karachi-TNS

27.          CS tells secretaries, administrative heads to ensure implementation of austerity steps-TNS

28.          Air passenger offloaded for trying to travel on counterfeit exit stamp-TNS

29.          Sindh to provide dairy animals to poor families: Malkani-TNS

30.          Court dismisses bail pleas of eight suspects in spurious drugs-making case-TNS

31.          Initial Gul Plaza fire probe found operational and systematic deficiencies, judicial commission told-TNS

32.          Youm-e-Ali procession held amid tight security-TNS

33.          PMLN, JUIP senators suspect capital safe city system hasIsraeli origin-TNS

34.          IHC imposes Rs100,000 fine on NAB for delaying £190m case-TNS

35.          ‘Providing best sanitation facilities SPAL’s top priority’-TNS

36.          2,000 families being provided free residential plots: minister-TNS

37.          PA’s austerity measures MPAs’ salaries, allowances cut by 25pc-TNS

38.          Alhamra starts observing govt’s energy-saving measures-TNS

39.          MoU signed to sell PU hybrid rice variety-TNS

40.          Restoration of hockey’s national prominence emphasised-TNS

 

Other International

1.             China’s first North Korea-bound train in six years set to depart from Beijing-BR

2.             Strike hits Beirut as Lebanon grapples with 800,000 displaced-BR

3.             Back to the 1970s? Investors brace for return of stagflation-DD

4.             Uzbekistan calls for expanding trade-ET

5.             US ignites Iran war, but Gulf Arab states pay the price-TNS

6.             Trump announces new US refinery backed by India’s Reliance-TNS

7.             Iran tells world ‘get ready for $200 a barrel’-TNS

8.             UN Women launches Mardangi Nahi, Kamzori Hai Yeh campaign to redefine masculinity-TNS

9.             How Trump and his advisers miscalculated Iran’s response to war-TNS

10.          ‘International standard sports facilities being built across Punjab’-TNS

 

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).

 

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

 

Best regards

Kasbati & Co Team

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