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01 June 2026
Author: Mr 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. Provision of tax documents to taxpayers: FBR moves President against FTO’s order-BR
2. FBR shortfall swells to Rs868bn-TNS
3. FBR misses May target by Rs28bn-DD
4. Expiring sales tax, income tax exemptions: related items to be taxed from July 1-BR
5. Anjuman-e-Tajiran leader rejects proposed ‘Asan Tax Scheme’-BR
6. Rethinking juice taxation-BR
7. Budget FY27: Carrots fade-BR
8. Planning body meets today ahead of budget-BR
9. FY2026-27 budget: expectations-BR
10. EPBD suggests tax cuts, structural reforms-BR
11. MAP calls for phased super tax cuts-TNS
12. Budget cues to guide stock market direction-TNS
13. Budget concerns-DD
14. Budget 2026-27: APCC to endorse over Rs4tr national uplift outlay today-TNS
15. The social weight on the new budget-DD
16. Aide to finance minister insists FBR meeting revenue collection targets-TNS
17. Oil industry opposes windfall tax in upcoming budget-DD
18. IMF wants GST hiked by 100bps to 19pc-TNS
19. IMF, World Bank, others warn ME war is straining energy supplies-TNS
Economy & Inflation matters (including Import, Export & CPEC)
1. 'No sufficient outcome' yet of talks to secure discounts from Chinese power producers: Leghari-DD
2. What will it take to build a home-DD
3. Punjab’s wheat procurement gap raises food security concerns=-TNS
4. Ministries clash over Motor Vehicles Development Bill, 2025-BR
5. Protected consumers: Leghari says power subsidies not being withdrawn-BR
6. Pakistan Sugar Mills Association again seeks permission to export ‘surplus’ sugar-DD
7. Rs200 billion import relief for industry-DD
8. PSMA urges govt to allow sugar export, cites $500m forex potential-TNS
9. PSMA seeks permission for surplus sugar export-BR
10. Prices of essential items in Peshawar show mixed trend-BR
11. ME turmoil to affect exports, remittances: BMP-bR
12. Inflation squeezing Safed Posh the most in Pakistan-DD
13. ‘Inflation fight again putting central bank independence under strain’-TNS
14. Freelance IT export earnings hit $959m in July-April-TNS
300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC
World Bank delegation visits Taxila museum, heritage sites-DD
Market (Stock, Currency, Gold, Textile, Cotton & PMEX)
1. Selling observed at bourse, KSE-100 down 800 points-BR
2. Stocks rally 6.7pc on easing geopolitical tensions-DD
3. Dollar steadies as markets await signals on Iran war, central banks-BR
4. Rupee seen stable next week-TNS
5. Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focus-BR
6. Gold approaches potential crossroads-TNS
7. Weekly Cotton Review: As new crop season opens on a bearish note, rates have fallen significantly-BR
8. Imports of cotton surge despite lower local prices-DD
9. Seven years on, Bajaur solar power project still incomplete-DD
10. Solar and national security-DD
POL, Gas, other Minerals & Electricity (including Solar & Water
1. Oil rises as US and Iran trade strikes, Israel moves further into Lebanon-BR
2. Oil rises as US and Iran trade strikes, Israel moves further into Lebanon-BR
3. Petrol gets cheaper, why doesn’t life?-DD
4. ICMA warns rising reliance on imported fuels threatens energy security-TNS
5. Iran restores gas production at three offshore platforms-BR
6. Subsidy for protected electricity consumers to continue: energy minister-BR
7. Tribal districts: KP to tag funds for better power supply-BR
8. Wapda union rejects privatisation of Discos-BR
Weather Updates
The Weather-BR
Other Pakistan
1. Shehbaz commits to strengthening GB democratic process-TNS
2. Pakistan reaffirms support for peacekeeping efforts-DD
3. LHC upholds divorced woman’s right to house as dower-DD
4. Senate chairman Gilani voices concern over India’s actions on Indus Waters Treaty-DD
5. Punjab approves deployment of 6,000 police personnel in GB for election-DD
6. Sharjeel Memon criticises Irsa's 'unjust reduction' of Sindh's water share, urges Centre to take notice-DD
7. Law, democracy answer to issues in Balochistan: PML-N leader-DD
8. Mayor Wahab says construction work near Karachi's Hill Park halted; MQM-P demands probe into 'NOC'-DD
9. Leghari rejects power subsidy cut claims-TNS
10. NAB initiates probe into ‘illegal’ marriage halls approved by Sindh Building Control Authority-DD
11. Talks and message exchanges with US are ongoing: Araghchi-BR
12. Stablecoin demand may soon fade: BoE-BR
13. Upcoming budgets: PUASA urges federal, Punjab govts to prioritise higher education sector-BR
14. KP CM contacts dissident lawmakers-BR
15. LHC clarifies ‘Haq Mehr’ is a religious, lawful right of a wife-BR
16. EU’s top diplomat due today for strategic dialogue: FO-BR
17. Iran says no deal unless its rights secured as Trump toughens terms-TNS
18. SAPM Fahd shares spiritual reflections from Madinah-BR
19. JI chief condemns killing of youth, assails govt-BR
20. Residents lay siege to Sharifabad police station, demand action against harassing cop-TNS
21. Over 30 MPAs skip KP PTI parliamentary party meeting-TNS
22. KP CM praises KSA for Hajj 2026 arrangements=-BR
23. Sindh govt taking steps to facilitate common man: Hemnani-BR
24. NAB initiates probe into ‘illegal’ marriage halls approved by Sindh Building Control Authority-DD
25. Arrest, expulsion from GB unlawful, says Junaid-TNS
26. Ex-minister slams ‘exorbitant’ Quetta-Islamabad airfares-DD
27. SHC directs SBCA to re-seal dilapidated building on Napier Road-TNS
28. Woman held for impersonating CM Punjab Complaint Cell chairperson-BR
29. PPP cannot hide inefficiencies through verbal rhetoric: MQM-BR
30. Karachi not domain of any single political party: Sharjeel-BR
31. Punjab taking steps to ensure smoke-free education centres: CM-BR
32. MQM-P demands NAB action over ‘Hill Park land grab’-TNS
33. Seven years on, Bajaur solar power project still incomplete-DD
34. Balochistan MPs slam Achakzai’s remarks-BR
35. Two brothers shot dead in Dera Murad Jamali-DD
36. Work yet to begin on Peshawar Road underpasses as monsoon nears-DD
37. Islamabad notifies early market closure, again-DD
38. Analysis: Reimagining deterrence, 28 years after Chagai-DD
39. KP CM praises Saudi Arabia’s Haj arrangements-TNS
40. Construction around Hill Park was halted a week ago: KMC-TNS
41. Career counselling: questions and answers-TNS
42. PPP condemns murder of party office-bearer, torture of wife-TNS
Other International
1. Trump sends ‘tougher’ proposal back to Iran-BR
2. UK foreign minister due to visit China and India to discuss global issues-BR
3. Canada enters surprise technical recession amid tariff uncertainty-BR
4. US castigates Europe over defence spend as Nato reassures Asia-TNS
5. US warns ‘more than capable’ of resuming war with Iran: Tehran says Trump ‘betraying diplomacy’ with blockade as deal remains elusive-TNS
6. The great Indo-Pacific hedge — deeper defence ties as US doubts grow and China ascends-TNS
7. US House proposal seeks unprecedented military integration with Israel-DD
8. UN Security Council to hold emergency meeting on Lebanon Monday: sources-BR
9. Ukrainian attack kills child in occupied south: Moscow-TNS
10. Over 1.5m foreign tourists arrive in Seoul in April-DD
The below news items are extracted after sending yesterday email:
(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), The News (
(B) 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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