From: Kasbati & Co <kasbati.co@professional-excellence.com>
Date: Fri, Dec 5, 2025 at 10:03 AM
Subject: DNVC of 5.12.25=13.6.47

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.                 FTO tells FBR: International airlines must file manifests directly to Customs-BR

2.                 KTBA elects new office-bearers, executive committee members-BR

3.                 Mehmood Bikiya elected president of Karachi Tax Bar Association for 2025-26-PK

4.                 Tax Treatment of Deceased Individuals for Tax Year 2026: What Section 87 Explains-PK

5.                 NFC agrees to form technical sub-groups: Centre fails to secure provinces’ expenditure data-BR

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

1.                 Pakistan’s farm economy: missing viability-BR

2.                 China’s governance model, rapid development praised-BR

3.                 Open manholes and drains cross Karachi: Zero tolerance will be applied against responsible: Nasir Shah-BR

4.                 International certifications and accreditations: SMEDA unveils new grant programme for small businesses-BR

5.                 Climate, disaster-related spending under PSDP: Budget documents lack clarity-BR

6.                 LCCI stands committed to safeguarding transport sector: Saigol-BR

7.                 Pakistan, Kyrgyzstan aim to boost trade to $200m by 2027-28-BR

8.                 Government reaffirms safety measures for imported used vehicles-PK

9.                 Saudi Arabia extends $3 billion deposit for one year to support Pakistan’s economy-PK

10.            The macro ties that bind gold and oil with the global economy-TN

11.            Aurangzeb chairs inaugural 11th NFC meeting, calls it a step toward key constitutional duty-APP

12.            NFC meeting moves forward to settle fiscal matters-TN

13.            Pakistan, Kyrgyzstan sign 15 agreements to deepen bilateral relations-TN

14.            SAPM holds meeting with delegation of auto industry-TN

15.            Work begins on N-25 Pakistan Expressway in Balochistan-TN

16.            Grand welcome for Kyrgyz President on landmark Pakistan visit-TN

17.            ICCI leadership summons major convention of business community on 8th-TN

18.            Philip Morris Int’l expands its partnership with Scuderia Ferrari HP-TN

19.            NHA to spend Rs22 billion on two major road projects in Gilgit region-TN

20.            Türkiye’s annual inflation eases further in Nov-TN

21.            NFC panel to work out terms for K-P share-ET

22.            Riyadh extends $3b for another year-ET

23.            Services exports rise 16pc in July-October-DD

24.            Fire incident at export processing zone successfully controlled: Chairman EPZA-APP

36+ Customs Duty (including PSW)

1.                 Key reforms in customs appraisement system praised-BR

2.                 Daily Port Qasim Shipping Operations – December 4, 2025-PK

3.                 Govt vows equal standards for imported, local cars-DD

4.                 Confiscation of illegally imported vehicles is permanent, rules top court-TN

5.                 Govt to ensure safety, environmental compliance for imported used vehicles-DTS

460+ Company Laws

1.                 CCP flags taxation anomalies in insurance sector-BR

2.                 SECP board dismisses all financial proposals-ET

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

1.                 SBP releases daily currency exchange rates for December 4, 2025-PK

2.                 Pakistan’s weekly foreign exchange reserves slip by $16 million: SBP-PK

3.                 Pakistan’s total liquid foreign reserves stand $ 19.59 billion-APP

4.                 SBP Updates Daily KIBOR Rates – December 4, 2025-PK

5.                 Rs230bn financing for female entrepreneurs shatters SBP targets-DTS

6.                 Saudi Arabia extends term for $3bn deposit placed with Pakistan for another year-BR

7.                 Non-bank financial institution growth fades as banks pull funds-DD

8.                 Saudi Arabia rolls over $3bn deposit for another year-DD

9.                 Japan’s investment in Pakistan crosses USD1.3bn mark: envoy-BR

10.            CDNS achieves Rs 600 billion savings inflows by Dec 3-DTS

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

1.                 PSX rebounds as KSE-100 index gains 138 points on renewed investor confidence-PK

2.                 PSX turns bullish, gains 138.20 points-TN

3.                 PSX gains 138.20 points-DTS

4.                 PSX recovers on live PIA bidding report-ET

 k

5.                 Latest Foreign Currency Rates in Pakistan – December 4, 2025-PK

6.                 The currency of predictability-TN

7.                 Rupee gains 1 paisa against dollar-TN

8.                 Rupee gains 1 paisa against US Dollar-DTS

9.                 Today’s Gold and Silver Prices in Pakistan – December 4, 2025-PK

10.            Pakistan Gold Prices Extend Three-Day Decline, Down Rs1,700 Per Tola-PK

11.            Gold price drops by Rs 1,700 per tola-DTS

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

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

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

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

16.            Cotton spot rates-BR

17.            Spot rate firm amid slow business-BR

18.            Steps aimed at revival of Pakistan’s cotton production approved by Dar-BR

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

1.                 Turkey, Azerbaijan: PD officials laud policy reforms aimed at attracting investment-BR

2.                 Oil steady after Ukraine strike on Russian oil pipeline does not disrupt supply-BR

3.                 BR RESEARCH: Steady hands – softening oil market-BR

4.                 Govt exploring various options to clear massive Rs2.6tr gas sector circular debt-TN

5.                 Energy sector: Leghari, Canadian team discuss investment opportunities-BR

6.                  Pakistan proposes developing energy market for CASA-1000-TN

7.                 Pakistan proposes setting up CASA Energy Market-DTS

Weather Updates 

1.                 The Weather-BR

2.                 Punjab Weather Update: Cold and Partly Cloudy Conditions Expected on Friday-PK

3.                 Weather alert issued for rain, snow across KP-TN

Other Pakistan

1.                 Pakistan says to let humanitarian aid into Afghanistan-BR

2.                 Pakistan denies link to Afghan-origin terror suspect held in US-BR

3.                 PM Shehbaz Sharif Congratulates Field Marshal Syed Asim Munir on Historic Appointment-PK

4.                 11th NFC Inaugural Meeting: Aurangzeb Highlights Federal-Provincial Unity-PK

5.                 Centre seeks Rs6.5tr revenue hike at 11th NFC meeting-DD

6.                 Pakistan ready to provide Kyrgyzstan access to regional and global markets through our ports, says PM Shehbaz-DD

7.                 Italy, Pakistan set to seal agriculture skills pact-DD

8.                 PM felicitates Field Marshal Asim Munir on appointment as Chief of Defence Forces-APP

9.                 ATC remands 31 workers of banned religious party in police custody-TN

10.            Gilani meets President of Kyrgyzstan to discuss matters of mutual interest-TN

11.            Minister, French envoy discuss enhanced cooperation in promoting, safeguarding human rights-TN

12.            Field Marshal Asim Munir becomes Pakistan’s first Chief of Defence Forces in historic shift-TN

13.            Pakistan, Kyrgyzstan urge Afghan Taliban to act against terrorist groups-TN

14.            FO rejects claims of Pakistani involvement in US 'attack plot' case-TN

15.            Pakistan at the crossroads of a changing world-TN

16.            PM urges Kyrgyz businessmen to identify areas for enhancing trade with Pakistan-APP

17.            PM Shehbaz sends summary for Field Marshal Asim Munir’s appointment as CDF to Presidency-APP

18.            Pakistan, Kyrgyzstan set sights on stronger ties-APP

19.            Pakistan, Kyrgyzstan urge Afghan Taliban regime to meet global commitments, act against terrorist groups-APP

20.            Pakistan, Kyrgyzstan Ink Landmark Youth Empowerment MoU in Islamabad-APP

21.            Arab region warming twice as fast as global average, UN weather agency warns-APP

22.            Pakistan expresses solidarity with Thailand on national day amid flood crisis-APP

23.            Field Marshal Asim Munir formally appointed first CDF-ET

24.            Kyrgyzstan backs Pakistan's security concerns-ET

United States

1.                 US excludes South Africa from G20 summit-ET

2.                 US focusing on Afghans for deportation: NYT-ET

Other International

1.                 Putin in India for defence, trade talks-ET

2.                 Israel launches fresh strikes on Lebanon-ET

3.                 Macron urges Xi to step up peace efforts-ET

4.                 Man charged with UK terror offences-ET

5.                 BD ex-PM Zia to be flown to UK-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), 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