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Federal Tax Ombudsman

DI&I Customs, Quetta: FTO unearths case of fake auction of seized vehicles

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a case of fake auction of the seized vehicles by the...

Published 25 Mar, 2023 06:25am

Business & Finance

Taxpayers exploiting FTO forum to defeat hierarchy of tax laws

LAHORE: Taxpayers are exploiting the forum of Federal Tax Ombudsman (FTO) to defeat a complete mechanism and...

Published 18 Mar, 2023 06:14am

Business & Finance

FTO takes strong exception to delay in clearance of refunds

LAHORE: The Federal Tax Ombudsman (FTO) has taken strong exception to delay in clearance or refunds on preconceived...

Published 11 Mar, 2023 03:16am

Business & Finance

FBR to issue legal clarification about scope of builders & developers

ISLAMABAD: The Federal Board of Revenue (FBR) will issue a legal clarification whether contractors involved in ...

Published 04 Mar, 2023 06:10am

Business & Finance

‘Harassment’ incidents by Customs field staff: FTO orders issuance of SOP for interception of suspected vehicles

ISLAMABAD: Federal Tax Ombudsman (FTO) has recommended to Director General of Directorate General of I&I...

Published 03 Mar, 2023 06:12am

Business & Finance

FBR’s online system showing govt depts as ‘inactive’

ISLAMABAD: The Federal Board of Revenue’s (FBR) online system is showing the status of government departments/...

Published 23 Feb, 2023 05:52am

Markets

Need stressed for exploring chances of importing fuel from neighbouring countries

ISLAMABAD: Coordinator to Federal Tax Ombudsman Meher Kashif Younis Sunday urged the need for exploring the...

Published 20 Feb, 2023 06:26am

FTO orders FBR to initiate probe into ‘tractor fraud’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh...

Updated 13 Feb, 2023 09:19am

Presidential directives: FBR to give explanation to FTO

ISLAMABAD: On the directions of President Arif Alvi, the Federal Board of Revenue (FBR) is bound to give an...

Updated 13 Feb, 2023 09:07am

Business & Finance

FTO asks FBR to refund Rs19,245 to ex-employee

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to allow a refund pending...

Published 07 Feb, 2023 06:07am

Business & Finance

‘Tax liability on estimations’: FTO asks FBR to revisit its order

ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue...

Updated 04 Feb, 2023 10:18am

Business & Finance

President confirmed 95pc orders of FTO in 2022

ISLAMABAD: President Dr Arif Alvi has confirmed 95 percent orders of the Federal Tax Ombudsman (FTO) against the...

Published 02 Feb, 2023 06:12am

Business & Finance

Ex-ombudsman’s order still awaits enforcement: FTO may have to order action against FBR officers again

ISLAMABAD: The Federal Tax Ombudsman (FTO) may have to direct the Federal Board of Revenue (FBR) again to implement...

Published 30 Jan, 2023 05:56am

Business & Finance

Speedy system for registration of complaints introduced: FTO

FAISALABAD: The Federal Tax Ombudsman Dr. Asif Mahmood Jah has said that his office is providing full services to...

Published 24 Jan, 2023 06:56am

RTO Lahore: FTO unearths ‘maladministration’

ISLAMABAD: Federal Tax Ombudsman (FTO) has unearthed that the Regional Tax Office (RTO) Lahore has committed...

Updated 23 Jan, 2023 09:18am

Business & Finance

Before filing of references: FBR decides to conduct in-depth analyses of cases

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to conduct an in-depth analysis of all cases before the...

Published 19 Jan, 2023 05:58am

State revenue: FTO directs FBR to implement effective mechanism

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to implement an effective...

Updated 18 Jan, 2023 08:44am

Business & Finance

Need stressed for collectively evolving ‘charter of economy’

ISLAMABAD: The Coordinator to Federal Tax Ombudsman Meher Kashif Younis Sunday vehemently urged the government, all...

Published 16 Jan, 2023 06:18am

Business & Finance

FBR directed to withdraw notice of WHT monitoring to deceased

ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue...

Published 14 Jan, 2023 06:22am

Business & Finance

FTO asks FBR to withdraw notices against deceased taxpayer

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw notices of...

Updated 07 Jan, 2023 11:10am

Business & Finance

Fake transactions: FBR illegally takes action against salaried individual

ISLAMABAD: The Federal Board of Revenue (FBR) has illegally taken action against a salaried individual, whose tax...

Published 07 Jan, 2023 06:35am

Business & Finance

Federal Tax Ombudsman’s powers, jurisdiction explained

ISLAMABAD: The Federal Tax Ombudsman (FTO) has the stature of Supreme Court judge and he can award six months’...

Published 31 Dec, 2022 07:41am

Notice issued to Shabbar withdrawn on FTO’s order

ISLAMABAD: The timely intervention of the Federal Tax Ombudsman (FTO) has resulted in the withdrawal of an illegal...

Updated 30 Dec, 2022 08:42am

Business & Finance

FTO says taxpayers filed over 6,000 complaints

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah Wednesday said taxpayers have filed 6,435 complaints...

Published 29 Dec, 2022 06:55am

Business & Finance

Mechanism for registration, allocation of jurisdiction: Annoyed at system, FTO asks FBR to file detailed report within 90 days

KARACHI: The Federal Tax Ombudsman (FTO) has expressed dissatisfaction over maladministration reported in the...

Published 29 Dec, 2022 05:59am

Business & Finance

Fleecing end-consumers: FTO issues second order against MTL

ISLAMABAD: Federal Tax Ombudsman (FTO) has unearthed that Millat Tractors Limited (MTL) has not passed on the relief...

Published 21 Dec, 2022 06:46am

Business & Finance

FTO’s order for releasing soyabean consignments hailed

PESHAWAR: Prominent businessman and Chairman Frontier Custom Clearing and Forwarding Agents Association, Zia-ul-Haq...

Published 12 Dec, 2022 06:07am

‘Remanded back’ cases: FTO asks FBR to trace out records

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to trace out past records...

Updated 12 Dec, 2022 09:41am

Business & Finance

Consignments of imported soybean feed: FTO may issue release order today

ISLAMABAD: The Federal Tax Ombudsman (FTO) is expected to issue an important order on Friday (December 9) for the...

Updated 09 Dec, 2022 09:26am

Soybean consignments: FTO takes suo motu notice

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken suo moto notice of the stuck-up consignments of imported...

Updated 08 Dec, 2022 09:16am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 25 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 25 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 25 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 25 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 25 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 25 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 25 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 25 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 25 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 25 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 25 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 25 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 25 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 25 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 25 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 25 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 25 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 25 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

Federal Tax Ombudsman

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