Trends - Federal Tax Ombudsman

Federal Tax Ombudsman

FTO irked by conduct of some senior FBR officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed his displeasure over the behaviour of the Federal Board of...

Published 22 Sep, 2021 03:48am

Business & Finance

Tax Amnesty Scheme: FBR praised for allowing taxpayers to file declarations

ISLAMABAD: In response to the judgment given by the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR)...

Published 13 Sep, 2021 05:46am

103 tax credit cases: FTO directs FBR to recheck record

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the FBR to recheck/reexamine the record in 103 tax credit...

Published 12 Sep, 2021 03:45am

Assets Declaration Ord: Taxpayers making payment to get one-time opportunity: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to grant one-time opportunity to taxpayers who paid their...

Updated 11 Sep, 2021 10:19am

Pakistan

Import of ‘stolen’ vehicles: FBR accused of running illegal ‘scheme’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed an illegal scheme being run by the Federal Board of Revenue...

Updated 08 Sep, 2021 01:30pm

'Poor' monitoring of GLT units: FTO report says FBR suffers Rs40bn loss

Islamabad: The Federal Board of Revenue (FBR) suffered massive revenue loss of around Rs40 billion due to poor...

Updated 07 Sep, 2021 10:52am

FTO probes 'misuse' of powers by Large Taxpayer Office

Federal Tax Ombudsman directs Revenue Division secretary and chief commissioner LTO to appear on September 13

Updated 06 Sep, 2021 10:07am

Business

FTO’s directives: FBR issues notices to 3,574 unregistered WHT agents

ISLAMABAD: On the directives of the Federal Tax Ombudsman, the Federal Board Revenue (FBR) has issued notices to the...

Published 05 Sep, 2021 04:26am

Business

FBR can address all systemic issues by using IT, automation: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera said, Thursday, that the Federal Board of Revenue (FBR)...

Published 03 Sep, 2021 04:58am

Alvi heaps praise on PTI govt

KARACHI: President Dr Arif Alvi Saturday said the PTI government since coming into power was constantly striving for...

Published 29 Aug, 2021 03:06am

Rs1.2bn bogus invoice scam: Alvi rejects FBR reports

ISLAMABAD: President Dr Arif Alvi on Sunday disposed of 42 representations of the Federal Board of Revenue (FBR) in...

Published 23 Aug, 2021 06:28am

Pakistan

SHC seeks reply from FTO in response to petition challenging his jurisdiction

KARACHI: Sindh High Court (SHC) on Monday sought reply from Federal Tax Ombudsman on a petition, challenging his...

Published 17 Aug, 2021 04:42am

Bogus refunds: Alvi tells FBR to expedite action against errant officers

ISLAMABAD: President Arif Alvi has directed the Federal Board of Revenue (FBR) to expedite action against the...

Published 12 Aug, 2021 03:38am

Business & Finance

FTO to conduct investigation against LTO Islamabad

ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against Large Taxpayer Office...

Published 06 Aug, 2021 04:18am

Pakistan

Agenda of good governance: FTO playing instrumental role: president

ISLAMABAD: President Dr Arif Alvi has said that the Federal Tax Ombudsman (FTO) was playing an instrumental role in...

Published 31 Jul, 2021 04:05am

Business

Illegal STRN case: FTO summons top officials of FBR and PRAL

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned top officials of the Federal Board of Revenue (FBR) and the...

Published 28 Jul, 2021 04:45am

Business & Finance

Manual notices to taxpayers: FBR penalises IR officer

ISLAMABAD: The Federal Board of Revenue (FBR) has penalised an Inland Revenue Officer, who was involved in issuance...

Published 24 May, 2021 04:03am

Alvi lashes out at FBR, orders to recover over Rs.14mn in bogus tax refunds case

The President on Friday rejected FBR's representation against the order of Federal Tax Ombudsman (FTO) in a case of bogus tax refunds worth over 14 million rupees made to a fake Registered Person.

Published 29 Jan, 2021 03:34pm

Opinion

Data integrity required

The oft used proverb “there are three kinds of lies - lies, damned lies and statistics” is a stark reminder that...

Published 25 Jan, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / Sep 24 B.F. Modaraba(BFMOD)	8.60 ▲ 1.44 (20.11%)
First IBL Mod. / Sep 24 First IBL Modaraba(FIBLM)	4.97 ▲ 0.82 (19.76%)
First Elite Cap. Mod. / Sep 24 First Elite Capital Modaraba(FECM)	3.88 ▲ 0.30 (8.38%)
Maqbool Tex. / Sep 24 Maqbool Textile Mills Limited(MQTM)	35.50 ▲ 2.47 (7.48%)
Engro Polymer (Pref) / Sep 24 Engro Polymer (Preference)(EPCLPS)	11.50 ▲ 0.70 (6.48%)
Pervez Ahmed Cons. / Sep 24 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.29 ▲ 0.06 (4.88%)
Saif Tex / Sep 24 Saif Textile Mills Limited(SAIF)	22.99 ▲ 1.07 (4.88%)
Wyeth Pakistan / Sep 24 Wyeth Pakistan Limited(WYETH)	1645.00 ▲ 75.40 (4.80%)
Rupali / Sep 24 Rupali Polyester Limited(RUPL)	40.90 ▲ 1.76 (4.50%)
Burshane LPG / Sep 24 Burshane LPG (Pakistan) Limited(BPL)	23.99 ▲ 0.98 (4.26%)

Stock	Price
786 Investments / Sep 24 786 Investments Limited(786)	7.60 ▲ -0.64 (-7.77%)
Pak Gen. Ins. / Sep 24 The Pakistan General Insurance Co. Ltd.(PKGI)	4.80 ▲ -0.40 (-7.69%)
Kohat Tex. / Sep 24 Kohat Textile Mills Limited(KOHTM)	23.56 ▲ -1.91 (-7.50%)
Popular Islamic Mod. / Sep 24 Popular Islamic Modaraba(PIM)	14.98 ▲ -1.21 (-7.47%)
Telecard Ltd. / Sep 24 Telecard Limited(TELE)	17.48 ▲ -1.41 (-7.46%)
J. K. Spinning / Sep 24 J.K. Spinning Mills Limited(JKSM)	58.40 ▲ -4.70 (-7.45%)
F.Treet Manuf.Mod / Sep 24 First Treet Manufacturing Modaraba(FTMM)	13.56 ▲ -1.09 (-7.44%)
Idrees Tex. / Sep 24 Idrees Textile Mills Limited(IDRT)	13.70 ▲ -1.10 (-7.43%)
1st Dawood / Sep 24 First Dawood Investment Bank Limited(FDIBL)	2.13 ▲ -0.17 (-7.39%)
Jauharabad Sug. / Sep 24 Jauharabad Sugar Mills Limited(JSML)	22.00 ▲ -1.70 (-7.17%)

Stock	Volume
Worldcall / Sep 24 Worldcall Telecom Limited(WTL)	14,386,000 ▼ 0.00
Unity Foods / Sep 24 Unity Foods Limited(UNITY)	8,127,410 ▼ 0.00
Byco Petroleum / Sep 24 Byco Petroleum Pakistan Limited(BYCO)	6,817,500 ▼ 0.00
Hum Network / Sep 24 Hum Network Limited(HUMNL)	5,926,500 ▼ 0.00
Treet Corp. / Sep 24 Treet Corporation Limited(TREET)	4,239,500 ▼ 0.00
Telecard Ltd. / Sep 24 Telecard Limited(TELE)	4,141,000 ▼ 0.00
Azgard Nine / Sep 24 Azgard Nine Limited(ANL)	3,855,000 ▼ 0.00
K-Electric Ltd / Sep 24 K-Electric Limited(KEL)	3,345,000 ▼ 0.00
Waves Singer / Sep 24 Waves Singer Pakistan Limited(WAVES)	3,124,500 ▼ 0.00
TRG Pakistan / Sep 24 TRG Pakistan Limited(TRG)	3,108,682 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	169.10
USD PKR Interbank Buying / Sep 23	168.95
USD to Japanese Yen / Sep 23	110.33
USD to Swiss Franc / Sep 23	0.92
Pound Sterling to USD / Sep 23	1.37
Euro to USD / Sep 23	1.17
UK LIBOR % / Sep 23	0.07

Stock	Volume
S&P 500 / Sep 23	4448.98
India Sensex / Sep 23	59885.36
Tokyo Nikkei / Sep 23	29639.40
Nasdaq / Sep 23	15052.25
Hang Seng / Sep 23	24510.98
FTSE 100 / Sep 23	7078.35
Dow Jones / Sep 23	34764.82
Germany DAX 30 / Sep 23	15643.97
France CAC40 / Sep 23	6701.98

Item	Value
Crude Oil / Sep 23	73.24
Karachi Cotton Assoc. / Sep 23	12880.00
Gold 10 Grams / Sep 23	95800.00
Gold Spot / Sep 23	1741.44
Cotton / Sep 23	92.46

Federal Tax Ombudsman

FTO irked by conduct of some senior FBR officials

Tax Amnesty Scheme: FBR praised for allowing taxpayers to file declarations

103 tax credit cases: FTO directs FBR to recheck record

Assets Declaration Ord: Taxpayers making payment to get one-time opportunity: FBR

Import of ‘stolen’ vehicles: FBR accused of running illegal ‘scheme’

'Poor' monitoring of GLT units: FTO report says FBR suffers Rs40bn loss

FTO probes 'misuse' of powers by Large Taxpayer Office

FTO’s directives: FBR issues notices to 3,574 unregistered WHT agents

FBR can address all systemic issues by using IT, automation: FTO

Alvi heaps praise on PTI govt

Rs1.2bn bogus invoice scam: Alvi rejects FBR reports

SHC seeks reply from FTO in response to petition challenging his jurisdiction

Bogus refunds: Alvi tells FBR to expedite action against errant officers

FTO to conduct investigation against LTO Islamabad

Agenda of good governance: FTO playing instrumental role: president

Illegal STRN case: FTO summons top officials of FBR and PRAL

Manual notices to taxpayers: FBR penalises IR officer

FTO asks FBR to check under-invoicing

FTO recommendation on Pral, I&I officials stays unimplemented

Frivolous representations before President: FTO urges FBR to avoid unnecessary filing

Attachment of bank accounts of taxpayers: FTO for restricting powers of tax officials

Senior IR officials: FTO orders probe into complaint

FTO decides refund claim of over Rs 5.86bn during 2020

SBP’s clarification on remittances: FTO directs FBR to issue circular

‘Sugar Commission Report’: FTO approaches FBR for speedy implementation

Non-compliant withholding agents: FTO orders FBR to initiate proceedings

FTO summons RD secy, others tomorrow

Alvi lashes out at FBR, orders to recover over Rs.14mn in bogus tax refunds case

Data integrity required

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