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IMF Suggests New Framework to Tackle Risks in Crypto Assets

The International Monetary Fund (IMF) has issued a working paper for assessing vulnerabilities in the crypto space.In the study “Assessing Macrofinancial Risks from Crypto Assets,” the lender emphasizes creating a Crypto Risk Assessment Matrix (C-RAM) …

FBR Extends Date for Filing Income Tax Returns Till October 31

The Federal Board of Revenue (FBR) has extended the date for filing of income tax returns for tax year 2023 till October 31, 2023.In a post on X, the FBR said that the decision has been taken in view of the demand of the trade bodies and various tax

CCP Allows UAE-Based Company to Acquire Two Local LNG Firms

The Competition Commission of Pakistan (CCP) has granted approval to a UAE-based company for the acquisition of two entities engaged in the establishment and operation of an LNG terminal, as well as the import, storage, and distribution of Liquefied N…

OGRA Increases LPG Price by Rs. 21 Per Kg for October

The Oil and Gas Regulatory Authority (OGRA) has jacked up the price of indigenous liquefied petroleum gas (LPG) by Rs. 20.84 per kg, increasing the price of 11.8 kg domestic cylinder by Rs. 246 or around 8.6 percent for October.In a notification, the …

FBR Likely to Extend Deadline for Filing Income Tax Returns

Federal Board of Revenue is likely to grant a one-month extension for the last date of filing income tax returns.A confidential source shared with ProPakistani that while the current deadline for filing income tax returns is set for September 30, there…

After Multiple Hikes, Caretakers Reduce Petrol Price by Rs. 8

After three massive hikes on the previous fortnightly reviews, the caretaker government finally announced a slight reduction in the prices of petroleum products.According to a notification issued by the Finance Division, the price of petrol has been cu…

FBR Makes Important Announcement About Income Tax Filing Deadline

The Federal Board of Revenue (FBR) has said that there would be no extension in the last date for filing income tax returns beyond September 30, 2023.Ad powered by advergic.comIn this connection, the FBR issued instructions to the field formations here…

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