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.             Income Tax Ordinance (Third Amendment) Bill 2025: NA body directs ministry to revise key provisions-BR

2.             Zubair Bilal given charge of Member IR Operations FBR HQ-BR

3.             FBR Appoints Zubair Bilal as New Member Inland Revenue Operations-PK

4.             President Appoints Zafar Hijazi as New Federal Tax Ombudsman-PK

5.             FBR Outsources Media and Public Relations Affairs-PK

6.             NA finance panel flags concerns over income tax amendment bill, seeks revisions from Law Ministry-PPT

7.             Govt seeks IMF go-ahead for Rs975 billion tax relief package-PPT

8.             Sindh government releases schedule for Budget 2026-27 presentation-PK

9.             IMF’s corruption-fight steps: Action plan will be finalised by 31st: Aurangzeb-BR

10.          ‘Corruption not declining, but rising’: Senate panel endorses IMF report-BR

11.          IMF’s corruption-fight steps: Action plan will be finalised by 31st: Aurangzeb-BR

12.          Govt proposes Rs975b tax relief package, seeks IMF clearance-ET

13.          IMF report 'indictment' of govt: MPs-DTS

14.          Senate panel summons finance minister for briefing on IMF report-TN

15.          Lawmakers slam govt’s inaction on corruption-DD

16.          NA body stresses stronger parliamentary oversight in review of key financial laws, IMF commitments-APP

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

1.             Pakistan calls for deeper economic integration in D-8 Trade Ministers Council

2.             Saudi Arabia approves 2026 budget with $44 billion deficit-DTS

3.             Revenue gap raises alarm as businesses seek reforms-ET

4.             Ahsan Iqbal calls for deeper Pak-China cooperation on industry, agriculture-ET

5.             Customs foils Rs167m tax evasion bid=BR

6.             Business confidence rises to 22pc: OICCI-TNS

7.             Denmark says will help Pakistan switch over to environment-friendly technologies-BR

8.             Govt working to set up single-window desks at provincial level to facilitate SMEs-TN

9.             Women powering Pakistan’s growth push: SBP chief-DD

10.          Punjab lifts ban on Basant under new safety ordinance-TNS

11.          FCCI welcomes abolishment of EDS-APP

36+ Customs Duty (including PSW)

1.             Border & transit trade: PM orders tighter customs-duty monitoring-BR

2.             Port Qasim Reports Active Vessel Operations on December 3, 2025-PK

3.             Customs prevents Rs167m revenue losses to exchequer-TN

4.             EDITORIAL: Trade deficit challenge-BR

5.             Karachi customs foils misdeclaration attempt, prevents Rs167 million loss-PK

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

1.         SBP disburses 974,000 loans to women entrepreneurs, mostly at micro level-TNS

2.         Debt-to-GDP ratio falls to 26pc: SBP governor-BR

3.         SBP celebrates Pak Women Entrepreneurship Day 2025 across all field offices-TN

4.         SBP Issues Updated KIBOR Rates for December 3, 2025-PK

5.         SBP Issues Updated Customer Exchange Rates – December 3, 2025-PK

6.         Pakistan’s external debt-to-GDP ratio drops to 26% in FY25-BR

7.         External debt stock hits $130bn mark by 2024: World Bank-BR

8.         NFC meeting today: New revenue sharing plan on the table-BR

9.         Foreign exchange rates in Pakistan for today, December 04, 2025-PPT

10.     Pakistan’s external debt nears $130bn as 40% of exports go to debt servicing: World Bank-PPT

11.     Women’s financial inclusion expands to 52%, gender gap shrinks to 30%: SBP Governor-APP

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

1.           Buying returns to bourse, KSE-100 up nearly 300 points in early trade-BR

2.           STDC announces first-ever interim dividend, declaring Rs3.27 per share payout-BR

3.           KSE-100 down 1,497 points on profit-taking-TNS

4.           Stock market loses 1,496.93 points-TN

5.           PSX loses 1,496.93 points-DTS

6.           KSE-100 Index plunges 1,497 points amid volatile trading-PK

7.           Asia markets mixed, sentiment tepid as Fed looms-PPT

8.           KSE-100 drops nearly 1,500 points as selling pressure grips Pakistan Stock Exchange-PPT

9.           Business confidence climbs-DD

10.       Dollar weak with rate-cut enthusiasm intact, euro at 7-week high-BR

11.       Intra-day update: rupee records gain against US dollar-BR

12.       Rupee ends steady-TNS

13.       The currency of predictability-TN

14.       PSX loses 1,496.93 points-DTS

15.       Pakistan Currency Exchange Rates Today – December 3, 2025-PK

16.       Dollar weak with rate-cut enthusiasm intact, euro at 7-week high-PPT

17.       Gold prices drop Rs1,000 per tola-TNS

18.       Gold price drops by Rs 1,000 per tola-DTS

19.       Gold price drops by Rs1,000 per tola in Pakistan-DTS

20.       Gold slips, silver hits record high-ET

21.       Gold down, rupee edges up amid global cues-DTS

22.       Gold and Silver Prices Today in Pakistan – December 3, 2025-PK

23.       Pakistan Gold Prices Extend Fall Amid Global Market Volatility-PK

24.       Gold price in Pakistan for today, December 04, 2025-PPT

25.       Cotton spot rates-BR

26.       KCA increases spot rate by Rs100 to Rs15,400 per maund-BR

27.       PCGA report reveals severity of cotton crisis-BR

28.       Sindh’s cotton share soars to 51pc in national ginning output-TNS

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

1.             PSO implementing road-safety education programme-BR

2.             Petroleum minister meets OMAP, OCAC officials-BR

3.             Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks-BR

4.             Eastern Offshore Indus Block C: PPL signs Assignment Agreement with Turkish company-BR

5.             Consumers paying Rs120.99 per litre in taxes, margins on petrol, Rs117.56 on HSD-TN

6.             Oil industry rejects digital integration sans compensation-DD

7.             Minister discusses petroleum supply chain with OCAC reps-DTS

8.             Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks-PPT

9.             Protection for all-DD

10.          PPL signs assignment agreement for Indus Block C-TNS

11.          Sindh & Balochistan: SSGC says there’s no load-shedding in franchise area-BR

12.          Pakistan signs five agreements for offshore and onshore oil and gas exploration blocks-PPT

13.          Refinery upliftment jumps 40pc YoY in November-TNS

14.          Grid station at QICT: KE and DP World join hands-BR

15.          PDWP approves several development projects-BR

16.          Power Division and KE at odds Tariff Differential Subsidy-BR

17.          Discos’ base tariffs: Industries oppose planned hike-BR

18.          K-Electric, DP World partner to build dedicated grid station at Port Qasim-TN

19.          K-Electric, DP World sign deal to build 132kV grid station in Karachi -PPT

20.          Experts warn energy future needs urgent reform-TNS

21.          PSX Directs K-Electric to Submit Financial Statements and Hold AGMs-PK

Weather Updates 

 The Weather-BR

Other Pakistan

1.           PM Shehbaz reaffirms transparency as top priority in PIA privatisation-APP

2.           Illegal occupation of overseas Pakistanis’ properties: ‘Judges appointed in special courts across 37 districts of Punjab’-BR

3.           JI chief underscores need for waging struggle against ‘exploitative system’-BR

4.           Sindh committed to protecting its share under NFC award: spokesman-BR

5.           PM Shehbaz expresses solidarity with Indonesia, offers flood relief support in call with President Prabowo-APP

6.           PM announces live broadcast of PIA bidding process on December 23-ET

7.           ECP de-lists case against KP CM, Shehar Naz-BR

8.           Arshad Sharif murder case: FCC seeks progress report-BR

9.           NA Speaker, Balochistan Governor discuss political situation-BR

10.       Karachi Mayor accepts responsibility, apologises over child’s death in manhole-BR

11.       First-ever foundational biomechanics course starts today-BR

12.       Saudi Arabia, Bahrain military commanders call on COAS-TNS

13.       IHC seeks full briefing on Dr Aafia’s health, repatriation-TNS

14.       Reserved seats: PHC dismisses pleas against oath administration by governor-TNS

15.       LHC grants bail to cleric Engineer Muhammad Ali Mirza in blasphemy case-TN

16.       Punjab allows Basant after 25 years under strict new kite-flying rules-TN

17.       Saudi Arabia, Bahrain military commanders call on COAS-TNS

18.       LHC hands over custody of teenage boy to adoptive parents-TN

19.       Residents of militancy-hit Tirah, Bara flay lawmakers over ‘broken promises’-DD

20.       Only 37 of 1,800 Hindu, Sikh worship sites functional in Pakistan, minority caucus told-DD

21.       CJP Yahya Afridi stresses citizen-centric justice system-DD

22.       Punjab govt lifts ban on Basant after 18 years-DD

23.       IHC urged to allow Imran’s medical examination by Shaukat Khanum doctors-DD

24.       Saudi Land Forces Commander calls on COAS Field Marshal Asim Munir-APP

25.       Commander Bahrain National Guard calls on COAS-APP

26.       Kyrgyz president in Islamabad for two-day maiden state visit-app

27.       NCA marks International Day of Persons with Disabilities, showcases artwork of artist Mohammad Barkaat-APP

28.       IHC cancels cause-list of special division bench-APP

29.       Pakistan, Russia to deepen cooperation through Eurasia Forum 2025-APP

30.       Beware! Your dream job offer can be a nightmare, warns FIA-DD

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