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DNVC of 3.2.26=14.8.47

03 February 2026

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

From: Kasbati & Co <kasbati.updates@gmail.com>
Date: Tue, Feb 3, 2026 at 11:27 AM
Subject: DNVC of 3.2.26=14.8.47

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 imposes minor penalty on tax officer-BR

2.         IRSOA accused of using official name of FBR unlawfully-BR

3.         FBR issues SRO 163 to notify new property valuation tables for Islamabad-PK

4.         FBR Income Tax Refund 2026: How to Apply & Get Paid Back (2026 Guide)-PK

5.         FBR revises Islamabad property valuation rates-TNS

6.         OPINION: Tax litigation, super tax, and the economics of tax deferral-BR

7.         How to Apply for a Tax Exemption Certificate in Pakistan (2026 Guide)-PK

8.         How to Apply for Registration as an Income Tax Practitioner with FBR-PK

9.         Pakistan’s trade with Italy witnesses over 23pc surplus in six months-TN

10.     Are we ready for AI-governed tax system?-ET

11.     What Is a Tax Clearance Certificate? Must-Know If Leaving Pakistan-PK

12.     APTMA urges FBR to adjust super tax against pending refunds-BR

13.     Aptma seeks adjustment of super tax against pending refunds-TNS

14.     APTMA urges FBR to adjust super tax against pending refunds-PK

15.     APTMA urges FBR to offset super tax against pending refunds to protect textile sector-PPT

16.     Textile Mills Association for adjusting super tax liability against pending refunds-BR

17.     Shipping agents and freight forwarders: APPMA slams ‘illegal’ charges, FBR ‘inaction’-BR

18.     Global investors: Govt may announce tax relief measures-BR

19.     OPINION: IMF programme review-BR

20.     IMF deal limits govt’s support to businesses: Jam-BR

21.     IMF chief says global inflation will fall to 3.8%-ET

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

1.           Strategic economic partnership: Pakistan, Uzbekistan have reaffirm commitment-BR

2.           Data, not declarations-BR

3.           World Bank chief, PM discuss economy-BR

4.           Pakistan's broken economic contract-ET

5.           Pakistan’s wetlands act as economic shield for ports, fisheries, Minister says-PPT

6.           Balochistan central to CPEC’s economic case, but security and governance risks loom-PPT

7.           ECNEC clears 4 major projects worth over Rs240bn-BR

8.           Upcoming visit of Uzbek President to Pakistan termed milestone for bilateral economic ties: Speakers-APP

9.           Pakistan, Uzbekistan reaffirms commitment to deepening strategic economic Partnership at 10th IGC session-APP

10.       10th session of Pak–Uzbek IGC on Trade, Economic, and Scientific-Technical Coop held-TN

11.       Pakistan, Uzbekistan reaffirms commitment to deepening strategic economic Partnership at 10th IGC session-TN

12.       Gul Plaza tragedy: 68 remains handed over to heirs-BR

13.       EDITORIAL: Governance shortfalls dent SOE profitability-BR

14.       MoU signed to unlock financing for SMEs-TN

15.       France adopts budget after premier survives no-confidence votes-ET

16.       BR RESEARCH: Cars, cash, and climbing credit-BR

17.       IHC suspends off-the-grid levy on third party UGDC, seeks govt reply by March 4-TNS

18.       Discussions underway to sign FTA with Iran, Senate panel told-TN

19.       DG UNESCO calls on DPM Ishaq Dar-APP

20.       Finance dept officers’ absence draws ire of PA opposition-DD

21.       Afghanistan drops out of Pakistan’s top export markets after trade suspension-TNS

22.       Pakistan’s trade deficit stands at $2.7bn in January 2026-PPT

23.       Pakistan, Uzbekistan eye $2bn trade in two years-DD

24.       Pakistan’s sports products exports to China surge in 2025-TN

25.       Jan exports up 34.96% MoM, 3.73% YoY-BR

26.       Kazakh, Uzbek Presidents’ visits to open new trade avenues:President ICCIA-PP

27.       Jan exports up 34.96% MoM, 3.73% YoY-BR

28.       FPCCI urges one-year deferment of capacity payments to revive industry-TNS

29.       Inflation in Pakistan clocks in at 5.8% in January 2026-BR

30.       5.8% inflation tests SBP's rate stance-ET

31.       Inflation up slightly as Pakistan holds price stability-TNS

32.       Inflation rises to 5.8pc in Jan but stays within govt’s projection-TN

33.       Inflation in Pakistan clocks in at 5.8% in January 2026-BR

34.       Dec CPI inflation stands at 5.6pc YoY-BR

35.       Pakistan’s headline inflation rises 5.8% in January 2026-PK

36.       Annual consumer price index rose 5.8pc year-on-year in January-DD

 

36+ Customs Duty (including PSW)

1.           Pakistan’s trade deficit rises 28% to $22bn in July-January-BR

2.           OPINION: The unraveling world order and Pakistan-BR

3.           Daily Shipping Activity at Port Qasim – February 2, 2026-PK

4.           Pakistan, Uzbekistan set $2b trade target at IGC-ET

5.           Uptick in exports after five months-DD

6.           Pakistan’s exports surge 35% in January 2026, trade deficit narrows sharply-PK

7.           Pakistan’s exports surge 35% in January 2026, trade deficit narrows sharply-PK

 

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

1.      SBP Announces Interbank Foreign Currency Rates for February 2, 2026-PK

2.      SBP Releases Daily KIBOR Rates for February 2, 2026-PK

3.      Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut-PK

4.      UAE rolls over $2b Pak loan for a month-ET

5.      PM, World Bank discuss accelerating CPF project delivery-ET

6.      PM Shehbaz welcomes World Bank President Banga, praises support for Pakistan’s growth-PK

7.      PM Shehbaz, World Bank chief push faster rollout of reform linked projects-PPT

8.      Retail & storage network: Wafi Energy plans USD100m investment-BR

9.      Wafi Energy considering up to $100m investment in Pakistan, Aurangzeb informed-TN

10.   Latest Bitcoin Rates in US Dollar and Pakistani Rupee – February 3, 2026-PK

11.   World Bank president visits Taxila Museum-TNS

 

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

1.           Strong buying lifts KSE-100 Index by over 1,750 points in early trade-BR

2.           KSE-100 up 883 points on improved geopolitical conditions-TNS

3.           KSE-100 ends higher after sharp swings in monday’s trade-TN

4.           PSX gains 883 points to close at 185,057-TN

5.           KSE-100 index gains 883 points amid volatile trading session-PK

6.           Indonesia, faced with state meddling, ‘stock frying’, left behind in rush to emerging markets-TNS

 

7.           Rupee registers marginal gain against US dollar-BR

8.           Dollar holds gains on economic data, Fed bets; Aussie advances before RBA-BR

9.           Rupee ends flat-TNS

10.       Rupee gains 1 paisa against dollar-TN

11.       Latest Open Market Currency Exchange Rates – February 3, 2026-PK

 

12.       Gold rebounds more than 3% after sharp selloff-BR

13.       Rs150m gold recovered from Ichhra jeweller-DD

14.       Gold slides below Rs500,000 as global prices slump-ET

15.       Gold prices continue to fall after sharp drop-TN

16.       Gold price plunges by Rs21,500 to Rs490,362 per tola-TN

17.       Gold prices fall on Monday-APP

 

18.       Weekly Cotton Review: Quality prices show overall stability-BR

 

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

1.           Oil prices fall sharply on US-Iran de-escalation-BR

2.           Brent eases as tensions fade-BR

3.           Oil falls 5pc on US-Iran de-escalation-BR

4.           Oil steady as markets consider possible US–Iran de-escalation, firm dollar-BR

5.           Oil slides, gold loses lustre-DD

6.           Petroleum firm begins payments in PKR 47bn recovery case-TN

 

7.           CEO KE exonerated in workplace harassment case-BR

8.           Governor Sindh sets aside Ombudsman’s order against K-Electric CEO-BR

9.           PM announces Rs4.04 per unit cut in power tariffs for industry-TN

10.       Sindh Governor Sets Aside K-Electric CEO Harassment Case Order-PK

11.       Wafi Energy weighs up to $100m expansion in Pakistan-TNS

Weather Updates 

1.           The Weather-TN

2.           Cold, dry weather to prevail across country-ET

 

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

1.         Pakistan, Kazakhstan to advance cooperation in education, HR-TNS

2.         Sindh Education Foundation enrols 1m students across province-TNS

3.         HEC inquiry exposes governance failures, illegal appointments at Fuuast-TNS

 

Other Pakistan

1.           NA body considers Alternative Dispute Resolution (Amendment) Bill-BR

2.           PM reaffirms commitment to UNESCO’s core values-BR

3.           PM meets Pakistan Pavilion team-BR

4.           PM Shehbaz appreciates partnership, support from World Bank in meeting with President Banga in Islamabad-DD

5.           PM urges KP CM to work for people’s welfare, law & order-TNS

6.           PM, Iran President discuss evolving regional situation-TN

7.           Pakistan will continue efforts to eradicate polio: Shehbaz-TN

8.           Senate demands probe into Balochistan attacks-BR

9.           Tensions mount over militancy issue: PM pushes for deeper cooperation with KP-BR

10.       Constitution does not empower high courts to dispense complete justice or act on compassion: FCC-BR

11.       NA Speaker meets UK Member of House of Commons-BR

12.       PTI hopes Shehbaz-Afridi meeting will resolve issues-DD

13.       SC irked by filing of frivolous pleas on settled principles-DD

14.       LHC for devising tree-relocation policy within 7 days-BR

15.       PM acknowledges WB’s valuable support in advancing Pakistan’s economic development-APP

16.       PM urges KP govt to fulfill its responsibilities for law & order, health, education sectors-APP

17.       Amnesty appeals to PM for Imaan, Hadi's release-ET

18.       FIA directed to submit challan in PTI prohibited funding case-DD

19.       Pakistan, Libya to deepen defence ties-DD

20.       Reinstated civil servants entitled to full back pay, rules SC-ET

21.       Signs of thaw in centre-KP relations as PM meets Afridi-TN

22.       Political divisions aid hostile networks, warn defence minister-TN

23.       KP CM orders fast-track compensation for Tirah Valley affectees-TN

24.       First Lady Aseefa urges parents to ensure children’s participation in 2026 polio drive-APP

25.       KP Assembly approves RPS Bill 2026-APP

26.       CM commends for bringing fire at mobile market under control-APP

27.       IMCTC Secretary General calls on COAS Syed Asim Munir-APP

28.       Australia announces fully funded master’s scholarships for Pakistani students-TN

29.       Judges must follow law, not sentiment: FCC-ET

30.       Centre-KP frost thaws as PM, CM Afridi break the ice-ET

31.       NLPD to host one-day seminar on Feb 3 to commemorate upcoming ‘Kashmir Solidarity Day’-APP

32.       Lanjar, IGP order foolproof security arrangements for Shab-e-Barat-TNS

33.       LHC moved against polluting brick kilns-DD

34.       Terrorism in all its forms against Islamic teachings: Khurshid Nadeem-TNS

35.       PTI challenges detention of 180 activists under MPO in SHC-TNS

36.       Gilani arrives in Cambodia on official visit-APP

37.       Over 1.15m Afghans repatriated in 2025, Senate panel told-TNS

38.       Environment protection measures: LHC extends stay on Sheranwala, Taxali Gate projects-TNS

39.       Murad seeks support from media, religious leaders as anti-polio campaign launched-TNS

40.       Epstein files name PTI leader Shah Mehmood Qureshi in 2010 email-TNS

41.       PTI MPA submits resolution in PA against detention of party workers-TNS

42.       No talks with terrorists: Sana-TNS

43.       CM inaugurates Punjab Transport Company Headquarters-BR

44.       CII backs reforms on women’s right to seek dissolution of nikah-TNS

45.       Punjab PA speaker urges precautionary measures during Basant-BR

46.       Pakistan, Kazakhstan to advance cooperation in education, HR-TNS

47.       Unesco advocates inclusive, innovative education-TNS

48.       After Balochistan attacks...: PTI disowns social media trolling of security forces-TNS

49.       Balochistan terrain demands heavy security: defence minister-TNS

50.       CDF, Libyan military chief discuss cooperation-TNS

51.       Ali Madad sworn in as Balochistan’s home minister-TNS

52.       Rare liver transplant: PKLI treats two children with one mother’s donation-TNS

Other International


 

 Modi under fire for ‘surrender’ as Trump unveils India-US trade deal-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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