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17 December 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
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 imposes compulsory retirement on Customs official for false examination-PK
2. FBR delays new property valuation in Islamabad-DD
3. FBR defers Islamabad property valuation tables until January 31-PK
4. FBR recovers Rs874bn through enforcement steps in 2024-25-BR
5. FBR puts Islamabad property valuation tables on hold-DTS
6. Where will minimum tax apply in Pakistan for tax year 2026? What you should know-PK
7. Tax begone — a less costly broadband?-DD
8. Zafar ul Haq Hijazi sworn in as new Federal Tax Ombudsman-PK
9. Traders plan protest over Islamabad property valuation hike-PK
10. Sachal TMC: Hyderabad SITE body assails illegal tax collection practices-PK
11. ICCI welcomes FBR’s decision to hold in abeyance property valuation table-TN
12. President administers oath to new Federal Tax Ombudsman-TN
13. FBR puts Islamabad property valuation tables on hold-DTS
Economy & Inflation matters (including Import, Export & CPEC)
1. Business community demands urgent resolution to transporters’ strike-PK
2. KCCI, QCCIMA ink MoU to strengthen ties-BR
3. Pakistan’s Ambassador to Djibouti visits LCCI-BR
4. FPCCI concerned over nationwide transporters’ strike-BR
5. ICMAP urges administrative measures over monetary policy to curb inflation=PK
6. Punjab exceeds wheat-sowing target by 200,000 acres-BR
7. Pakistan and Russia in talks over potential oil sector agreement: Aurangzeb-PK
8. Ban on advertisements ‘economic murder’ of media employees: APNEC-BR
9. FDA ready to initiate new projects for organized development of Faisalabad: DG Asif Ch-APP
10. Tanveer chairs high-level meeting on GMO and Non-GMO maize policy-APP
11. Pakistan must benefit from emerging African markets: LCCI-APP
12. YLC 2025 highlights social stewardship-TN
13. JW SEZ Group & Shalimar Group officially announce launch of Zalmi Developments-TN
14. Irrigation depts directed to submit 10-year land record to NA panel-TN
15. MOL Pakistan launches youth and community empowerment programme in Kohat-TN
16. Pakistan, Azerbaijan working to translate strong ties into tangible trade, investment outcomes-TN
17. Business community expresses dismay over slight cut in policy rate-TN
18. Federal govt working to finalise National Gemstones Policy-TN
19. Govt explores Djibouti route for Africa trade-ET
20. Govt to sell full PIA stake-ET
21. Pakistan poultry association fined Rs25m after tribunal affirms cartelisation finding-ET
22. Pakistan’s dual economies: stock market boom and a factory floor bust-ET
23. Gemstone Policy Pakistan Awaits Cabinet Approval-DTS
24. Beep App Pakistan Set for Government Use-DTS
25. Transporters Strike Pakistan Enters Tenth Day-DTS
26. RDA inflows rise to $11.49bn in November-DTS
27. Over 9,860 tractors assembled in five months of FY-DTS
28. National gemstones policy finalised to enhance exports-DTS
29. CDNS attains Rs 650 billion savings inflows by Dec 15-DTS
30. Pakistan and Russia explore oil and steel sector cooperation-DTS
31. SBP rate cut draws mixed response from business groups-DTS
32. BBC to fight Trump’s $10 billion lawsuit-DTS
36+ Customs Duty (including PSW)
1. Port Qasim releases daily shipping operations report for December 16-PK
2. Customs Quetta seizes narcotics, smuggled goods and vehicles-BR
3. Customs Quetta seizes smuggled goods worth Rs240m-BR
4. Smuggled goods worth Rs240m seized-TN
460+ Company Laws
1. Competition tribunal dismisses appeals, allows penalty recovery in two cases-PK
2. CAT rejects appeal seeking stay against recovery proceedings initiated by CCP-TN
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)
1. SBP issues daily interbank foreign exchange rates – December 16, 2025-PK
2. SCCI demands reducing interest rate to single digit-DTS
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Stock market turns bearish, sheds 294 points-TN
2. Profit-taking erodes PSX gains; KSE-100 Index falls 294 points-PK
3. Stocks pause amid profit-taking at highs-ET
4. PSX turns bearish, sheds 294 points-DTS
5. Latest currency exchange rates in Pakistan – December 16, 2025-PK
6. Rupee holds firm as inflows and rising reserves support market confidence-TN
7. Rupee almost remains flat against dollar-DTS
8. Gold prices fall by Rs 4,000 per tola-DTS
9. Gold prices decline in Pakistan amid global market dip-DTS
10. Today’s gold and silver prices in Pakistan – December 16, 2025-PK
11. Pakistan gold prices fall Rs4,000 per tola amid global market decline-PK
12. Gold price falls by Rs4,000 per tola-TN
13. Gold rally to slow next year-ET
14. Pakistan Gold today price & History with search of any date
15. Pakistan Silver today price & History with search of any date
16. World Gold & SIlver Prices Live and Gold Price World Price History
17. World Silver & Gold Price Live and Silver History (USD)
18. Karachi Cotton Association fails to issue cotton spot rates after 52 years-DD
POL, Gas, other Minerals & Electricity (including Solar & Water)
1. Ogra starts inspection of petrol pumps-BR
2. Pakistan and Russia explore oil and steel sector cooperation-DTS
3. CPPA-G seeks negative adjustment in FCA for Nov-BR
4. BR RESEARCH: Net-metering regulations draft: A welcome course correction-BR
5. Axe may fall on prosumers to save power utilities-DD
6. Power firms seek to refund Rs5.6bn for November usage-DD
7. Rs0.71/unit cut likely in Jan bills-ET
8. CPPA-G seeks Nepra’s nod for Re0.71 per unit refund to consumers-TN
Weather Updates
1. The Weather-BR
2. PMD issues alert for intensified fog in Sindh, Punjab, and KP-PK
3. Fresh rains flood streets in Gaza-ET
4. Lahore tops world pollution list, AQI unhealthy-DTS
320+ Human Resources (including Training, Health, Precautions & Safety - other than above areas)
1. Health allowance to govt employees: Only patient care providers are entitled: MoF-BR
2. UN warns 17m Afghans risk food insecurity-ET
Other Pakistan
1. Recognising the merit of the 7th NFC award-DD
2. Parliamentary panel slams PTA over poor internet quality, seeks urgent reforms-PK
3. LHC moved for party-based local govt elections in Punjab-TN
4. Bondi Beach gunman was from India’s Hyderabad, confirm police-TN
5. President, PM pay tribute to martyrs of APS Peshawar-TN
6. ECP suspends NA-251 re-polling after SC order-TN
7. IHC rejects Justice Jahangiri’s objections on CJ-led bench in fake degree case-TN
8. Gun attack on polio team leaves policeman, civilian dead in KP-TN
9. Veteran Politician, former Punjab CM Mian Manzoor Wattoo passes away-TN
10. Naqvi pays glowing tribute to APS martyrs on anniversary of tragedy-TN
11. Pakistan reaffirms resolve against terrorism, highlights heavy sacrifices-TN
12. Maryam Nawaz oversees flat allocation lottery for homeless industrial workers in Punjab-TN
13. President Zardari felicitates government, people of Bhutan on their National Day-APP
14. President meets PPP delegation from Gilgit-Baltistan-APP
15. Music, self-expression and high energy take center stage at a 2025 wrapped event in Karachi-TN
16. NA body expresses concern on complaints about quality of internet services-TN
17. President underlines significance of strong Pak-Tajikistan relationship-APP
18. President Zardari administers oath to FTO-APP
19. President Zardari for stronger ties with Ireland-APP
20. NA body expresses concern on complaints about quality of internet services-APP
21. President strongly condemns attack on polio team in Bajaur -APP
22. Rs16.79b program aims to empower Baloch youth-ET
23. Bugti seeks action against fake news-ET
24. Rs440m spent on Central Jail security upgrade-ET
25. Fury as Bihar CM forcibly removes Muslim woman's niqab-ET
26. Bondi Beach hero a source of pride in Syrian hometown-ET
27. National leaders vow to crush terrorism-ET
28. LHC seeks replies on custody of Imran's nephew-ET
29. Google pays tribute to John Cena icon-DTS
30. FBI thwarts Los Angeles new year bomb plot-DTS
31. Punjab wildlife busts Khanewal bird smuggling operation-DTS
Other International
1. Iran says dual national held for espionage is Swedish-ET
2. Israel blocks Canada lawmakers at West Bank border crossing-ET
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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