Trends - Dr Asif Mahmood Jah - Business Recorder

Dr Asif Mahmood Jah

FTO directs FBR to streamline IT process

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to ...

Published 25 Nov, 2023 05:19am

Business & Finance

For future probationary officers of IRS: FTO forwards case of ‘classic maladministration’ to develop case study

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forwarded a case of maladministration to Directorate of...

Published 16 Nov, 2023 05:39am

Business & Finance

FTO directs FBR to place names of all manual filers on latest ATL

ISLAMABAD: Taking a big step to facilitate general public, Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has...

Published 14 Oct, 2023 05:32am

Fake/flying invoices: FBR places safeguards following FTO’s orders

ISLAMABAD: The prompt action of the Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forced the Federal Board of...

Updated 10 Sep, 2023 09:43am

Pakistan

FTO Advisory Committee: Ziaul Haq Sarhadi nominated

PESHAWAR: Prominent businessman and President Frontier Custom Agents Association Khyber Pakhtunkhwa, Ziaul Haq...

Published 28 Aug, 2023 06:27am

FTO probe results in Rs2bn demand against NHA

ISLAMABAD: The investigation completed by Dr Asif Mahmood Jah Federal Tax Ombudsman (FTO) has resulted in huge tax...

Updated 28 Aug, 2023 09:48am

Pakistan

Funeral prayers for FTO Asif Jah’s father offered at Sargodha

ISLAMABAD: The Namaz-e-Janaza of the father of Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah was offered at...

Published 17 Aug, 2023 03:49am

Pension received from abroad: FTO directs FBR to clarify taxation procedure

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah, in a landmark order to facilitate pensioners, has issued...

Updated 09 Jul, 2023 09:06am

Business & Finance

Year-on-year: Number of complaints against FBR has doubled: FTO

ISLAMABAD: The total number of complaints filed by taxpayers with the Federal Tax Ombudsman (FTO) against the ...

Published 06 Jul, 2023 05:42am

Business & Finance

Remaining period of 2022-23: FBR can overcome shortfall through recovery steps: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday strongly recommended the Federal Board of Revenue (FBR) to...

Published 15 Apr, 2023 06:58am

Pakistan

Alvi asks FTO to raise awareness about provisions of speedy justice

ISLAMABAD: President Dr Arif Alvi has asked the Federal Tax Ombudsman (FTO) to increase his outreach and raise...

Published 14 Mar, 2023 03:18am

Business & Finance

Excessive deductions: FTO asks FBR to stop taxing hired lecturers

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to stop...

Published 22 Feb, 2023 03:30am

Business & Finance

FTO terms delay in execution of ATIRs’ orders ‘maladministration’

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah has declared that a delay in implementing the orders of Appellate...

Published 15 Feb, 2023 06:27am

Business & Finance

Undue harassment by tax officials: FTO vows to help resolve issues raised by traders

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah Thursday assured business community that the FTO will ...

Published 10 Feb, 2023 03:56am

Business & Finance

FTO terms delay in changing taxpayers’ jurisdiction ‘maladministration’

LAHORE: Inordinate delay in changing the jurisdiction of taxpayers is tantamount to maladministration, said Federal...

Published 09 Feb, 2023 06:02am

Business & Finance

FTO directs FBR to disallow audit of incomplete returns

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Information Technology (IT) wing of the...

Published 03 Feb, 2023 06:17am

Business & Finance

FTO directs FBR to de-register textile factory in Karachi

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah on Wednesday directed the Federal Board of Revenue (FBR)...

Published 02 Feb, 2023 06:12am

Business & Finance

Record 7,000 complaints filed last year, says FTO

FAISALABAD: Record 7,000 complaints were filed with the office of Federal Tax Ombudsman (FTO) during the last year,...

Published 26 Jan, 2023 05:58am

Determined IT refund: Scam involving tax officials unearthed

ISLAMABAD: Federal Tax Ombudsman Dr Asif Mahmood Jah has unearthed a unique kind of scam involving tax officials, ...

Updated 21 Nov, 2022 09:35am

Business & Finance

FTO assures coating industry of support

KARACHI: Dr Asif Mahmood Jah, Federal Tax Ombudsman (FTO) has asked Pakistan Coating Association (PCA) to nominate a...

Published 19 Nov, 2022 05:49am

Business & Finance

‘Illegal’ refund to a company: FTO directs FBR to assign ‘organised tax fraud case’ to inquiry team

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to assign...

Published 16 Nov, 2022 05:50am

Pakistan

FTO protects low-paid PTV employees from unfair taxation

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has protected the low-paid employees of Pakistan Television...

Published 13 Nov, 2022 03:03am

Pakistan

Appointment of FTO challenged in PHC

ISLAMABAD: The appointment of Federal Tax Ombudsman (FTO) has been challenged in the Peshawar High Court (PHC). The...

Published 19 Oct, 2022 05:54am

Business & Finance

FTO takes record number of suo motu notices against maladministration in 6 months

ISLAMABAD: For the first time in history, Federal Tax Ombudsman Dr Asif Mahmood Jah took a record number of 75 suo...

Published 26 Sep, 2022 07:17am

Pakistan

FTO asks FBR to speedily process refund claims of elderly taxpayer

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed Federal Board of Revenue (FBR) Lahore to inform...

Published 25 Aug, 2022 06:09am

Business & Finance

FTO asks FBR to evolve proper mechanism for issuing exemption certificates

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to evolve...

Published 18 Jul, 2022 06:22am

Business & Finance

WeBoc system of Customs: FTO takes notice of discrepancies

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has taken notice of the absence of facility in WeBoc system...

Published 17 Jun, 2022 08:20am

Business & Finance

President asks FTO to raise awareness among taxpayers

ISLAMABAD: President Dr Arif Alvi has asked the Federal Tax Ombudsman (FTO) to raise awareness among the taxpayers...

Published 14 Jun, 2022 05:56am

Business & Finance

Power or RLNG, gas tariff: FTO directs FBR to extend grant of concessionary regime to Nishat Mills Ltd

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed Federal Board of Revenue (FBR) to extend grant...

Published 05 Jun, 2022 06:36am

Business & Finance

Tractor industry: FBR not following timelines in processing refund claims, says FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah observed on Tuesday that the timelines given in the...

Published 25 May, 2022 04:40am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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Dr Asif Mahmood Jah

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