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Federal Tax Ombudsman

DRAP STRN deregistration case: FTO orders swift conclusion

ISLAMABAD: Federal Tax Ombudsman (FTO) has instructed the Large Taxpayers Office (LTO), Islamabad to promptly...

Published 13 Jun, 2025 05:59am

Pakistan

Jannat Abuzar appointed Advisor to FTO

LAHORE: The Federal Tax Ombudsman (FTO) has taken a progressive step toward digital reform by appointing Jannat...

Updated 09 May, 2025 07:58am

Business & Finance

FTO Secretariat: First-ever ‘Diplomatic Grievance Redressal Cell’ inaugurated

ISLAMABAD: The diplomatic community in Pakistan can now approach Federal Tax Ombudsman’s (FTO) newly established...

Published 12 Apr, 2025 05:40am

Teachers: federal cabinet restores 25pc income tax rebate

ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Cabinet has restored 25 percent...

Updated 28 Mar, 2025 02:10pm

Business & Finance

Punishment to taxmen: FBR fails to act on FTO’s key recommendations

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement the key recommendations of the Federal Tax...

Published 08 Mar, 2025 02:48am

FTO unearths tax fraud case involving cyber criminals

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a unique case of tax fraud involving cyber criminals, who...

Updated 07 Mar, 2025 09:19am

Bun, rusk sales: FTO tells FBR to offer GST relief in budget

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

Updated 27 Feb, 2025 09:24am

Markets

Will 18% GST on net metering slow down Pakistan’s solar boom?

In a key development on the renewable energy front, the Federal Tax Ombudsman (FTO) ordered that solar net metering...

Updated 26 Feb, 2025 07:56pm

FBR’s refusal to disclose ADRC info raises questions

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to disclose information related to orders passed by the...

Updated 17 Feb, 2025 09:08am

Business & Finance

Punishment to tax officials modified by FTO office

ISLAMABAD: Federal Tax Ombudsman (FTO) has converted the punishment of disciplinary proceedings against the tax...

Published 03 Feb, 2025 06:41am

Unrecognised educational institutions: FTO to file report to president on tax affairs

ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference...

Updated 06 Jan, 2025 03:17pm

Business & Finance

FTO resolves 12941 complaints in 2024

ISLAMABAD: Federal Tax Ombudsman (FTO) has promptly resolved 12,941 complaints filed by taxpayers against the ...

Updated 02 Jan, 2025 08:08am

Business & Finance

Ombudsman institutions: FTO unveils programme to foster global co-operation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has launched an innovative "Capacity Building Exchange Programme" to...

Published 05 Dec, 2024 08:53am

‘Misleading statement’: FTO orders investigation against FBR officials

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has ordered an investigation against Federal Board of Revenue’s...

Updated 25 Nov, 2024 02:44pm

Business & Finance

Over 11,000 tax-related complaints received this year: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah announced that over 11,000 tax-related complaints were...

Published 20 Nov, 2024 07:24am

Business & Finance

Tax-related issues to be resolved on priority: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has committed to prioritising and resolving tax-related...

Updated 20 Nov, 2024 07:08am

Pakistan

Complainant is a successful bidder: FTO directs FBR to facilitate delivery of car

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

Published 01 Nov, 2024 08:05am

Business & Finance

FBR lists cases pending implementation of FTO rulings

ISLAMABAD: The Federal Board of Revenue (FBR) has compiled a list of important cases where decisions of the Federal...

Updated 22 Oct, 2024 08:50am

Business & Finance

Repeated maladministration to taxpayers: FTO directs FBR to take action against RTO Rawalpindi officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take immediate action...

Updated 15 Oct, 2024 08:28am

Business & Finance

Gang involved in selling non-customs paid products: FTO summons FBR members for not initiating action

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal...

Published 14 Oct, 2024 06:24am

14 business categories: FTO issues notice to FBR on compulsory integration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)...

Updated 07 Oct, 2024 09:41am

Business & Finance

Solid surface materials: Customs’ valuations revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of solid...

Published 10 Jul, 2024 03:14am

Business & Finance

Tractor manufacturing company: LTO Lahore detects Rs13.286bn sales tax discrepancies

ISLAMABAD: On the directions of the President of Pakistan, the Large Taxpayer Office (LTO), Lahore has concluded the...

Published 14 Jun, 2024 06:31am

Business & Finance

Customs values on import of welding electrodes revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of welding...

Published 29 May, 2024 06:05am

Pakistan

KMU hosts awareness session on taxpayer rights

PESHAWAR: Khyber Medical University (KMU) hosted an awareness session on safeguarding taxpayers’ rights at Dr...

Published 27 May, 2024 05:52am

Business & Finance

FTO advisor vows to redress taxpayers’ grievances

PESHAWAR: Sardar Ali Khwaja, Advisor to the Federal Tax Ombudsman (FTO) in Peshawar, reaffirmed the institution’s...

Published 29 Apr, 2024 04:49am

President’s orders: FTO directs FBR to withdraw its petitions in high courts

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

Updated 27 Apr, 2024 09:19am

FTO decides Rs17.742bn refund claims in 2023

ISLAMABAD: The Federal Tax Ombudsman (FTO) has addressed the grievances of the taxpayers by processing 8,963 cases...

Updated 15 Feb, 2024 09:51am

Pakistan

‘Economy, democracy crucial pillars for development of country’

LAHORE: Coordinator to Minister of State and Federal Tax Ombudsman Meher Kashif Younis said on Thursday that the...

Published 09 Feb, 2024 03:29am

Business & Finance

‘Nil’ filing of tax returns: FTO asks FBR to conduct detailed audit of a medical college

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed audit...

Published 27 Dec, 2023 05:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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