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Federal Tax Ombudsman

‘FTO provided relief to over 1,900 taxpayers in five months’

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah has said that his office has provided relief to more than...

Published 22 May, 2022 06:03am

INGOs: FTO helps create Rs660m tax demand

ISLAMABAD: The intervention of the Federal Tax Ombudsman (FTO) has resulted in creation of huge tax demand and...

Updated 17 May, 2022 10:05am

Rectification of tax credit : FTO seeks clarification from FBR

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

Updated 14 May, 2022 09:48am

Business & Finance

FTO disposed of 2,900 complaints against FBR in 2021

ISLAMABAD: The Federal Tax Ombudsman (FTO) received record 3,500 complaints of the aggrieved taxpayers against the...

Published 11 May, 2022 04:58am

Pakistan

Orders of FTO can only be challenged before President: LHC

ISLAMABAD: The Lahore High Court (LHC) has declared that the orders of the Federal Tax Ombudsman (FTO) can only be...

Published 19 Apr, 2022 05:32am

Business & Finance

RTO creates tax demand of Rs26m against housing society

LAHORE: The Regional Tax Office (RTO) Lahore has created a tax demand of Rs26 million against a private housing...

Published 06 Apr, 2022 05:53am

Business & Finance

Budget 2022-23: Exclusion of furniture makers from category of Tier-I retailers recommended

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

Published 27 Mar, 2022 05:40am

Business & Finance

Alvi confirms FTO’s excess ST amount refund order

ISLAMABAD: President Dr Arif Alvi has confirmed a landmark order of the Federal Tax Ombudsman (FTO) to refund the...

Published 16 Mar, 2022 05:40am

Business & Finance

FBR field formations not maintaining IT-based tracking system: FTO

ISLAMABAD: Federal Tax Ombudsman has noted with concern that the Federal Board of Revenue’s (FBR) field formations...

Published 15 Mar, 2022 05:43am

Pakistan

Representations of FBR rejected: President upholds three redressal orders of FTO

ISLAMABAD: President Arif Alvi has rejected three representations filed by the Federal Board of Revenue (FBR) ...

Published 25 Feb, 2022 06:19am

Pakistan

Disposal of ADRC cases: FTO asks FBR to set ‘specific’ time limit

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

Published 11 Feb, 2022 04:31am

Business & Finance

FTO directs FBR to avoid frivolous litigation

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

Published 07 Feb, 2022 05:22am

Business & Finance

Malfeasance of taxmen in refund process: Alvi directs FBR to implement FTO’s recommendations

ISLAMABAD: President Arif Alvi, while upholding the decisions of the Federal Tax Ombudsman (FTO) regarding...

Published 05 Feb, 2022 05:46am

Business & Finance

President rejects FBR’s 11 representations against FTO’s recommendations

ISLAMABAD: President Arif Alvi has rejected 11 representations filed by the Federal Board of Revenue (FBR) against...

Published 26 Jan, 2022 04:41am

Pakistan

Facilitation Desk of FTO set up in ICCI premises

ISLAMABAD: Dr Asif Mahmood Jah, the Federal Tax Ombudsman (FTO) said Thursday that it was the responsibility of the...

Published 21 Jan, 2022 05:27am

Business & Finance

FTO opens office at Abbottabad chamber

PESHAWAR: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah visited the Abbottabad Chamber of Commerce and ...

Published 21 Jan, 2022 05:27am

Pakistan

Many cases: FTO opts for informal resolution of complaints

ISLAMABAD: In order to facilitate the taxpayers and expeditiously resolve the complaints, the Federal Tax Ombudsman...

Published 20 Jan, 2022 04:21am

Pakistan

FTO decides 1,000 complaints of malpractices

ISLAMABAD: Dr Asif Mahmood Jah, Federal Tax Ombudsman has decided 1000 complaints of malpractices by the officials ...

Published 10 Jan, 2022 07:02am

Pakistan

FTO’s advisory body suggests steps to resolve issues facing taxpayers

ISLAMABAD: The advisory committee to the Federal Tax Ombudsman (FTO) has suggested measures to minimise the delays ...

Published 19 Dec, 2021 04:37am

Business & Finance

New regional offices established to facilitate businesspeople: FTO

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah on Monday has said that the system is being made more effective ...

Published 07 Dec, 2021 06:29am

‘Corruption’: PM urged to take action against Commissioner IR

ISLAMABAD: A summary has been moved to the Prime Minister for initiation of disciplinary proceedings against the...

Updated 06 Dec, 2021 04:00pm

Business & Finance

Jah explains mandate of FTO’s office

ISLAMABAD: The Federal Tax Ombudsman (FTO), Dr Asif Mahmood Jah, Thursday, clarified that his speech in Lahore to ...

Published 03 Dec, 2021 04:31am

Business & Finance

MCCs’ subordinate offices: FBR asked to empower chief collector to conduct inspections, audits

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

Published 01 Dec, 2021 03:52am

Customs stations of KP, Balochistan: FTO directs FBR to stop examining cleared fruit vehicles

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

Updated 20 Nov, 2021 11:06am

Business & Finance

FPCCI suggests FTO supervise tax adjudication cases

KARACHI: Mian Nasser Hyatt Maggo, President Federal Chambers of Commerce and Industry (FPCCI), has proposed that tax...

Published 18 Nov, 2021 03:58am

Pakistan

‘FTO counter’ opens at airport

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has inaugurated the FTO counter at the international...

Published 16 Nov, 2021 04:26am

Business & Finance

FTO devising mechanism to resolve complaints of traders

Karachi: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said that he is devising a mechanism to resolve the...

Published 16 Nov, 2021 04:26am

Pakistan

Taxpayers and expats: FTO Office sets up facilitation desk at IIA

ISLAMABAD: The Office of the Federal Tax Ombudsman (FTO) has taken another initiative to facilitate taxpayers and...

Published 06 Nov, 2021 03:57am

Business & Finance

FTO reconstitutes advisory body; LCCI chief inducted as member

LAHORE: Federal Tax Ombudsman has reconstituted the Advisory Committee (Central) and made President of the Lahore...

Published 04 Nov, 2021 04:32am

Taxmen found involved in 'unique' scam

Federal Tax Ombudsman Dr Asif Mahmood Jah unearths scam involving tax officials who sought accountholders' information through issuance of fake/forged notices

Updated 01 Nov, 2021 09:40am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.50 ▲ 1.00 (9.52%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	79.34 ▲ 5.49 (7.43%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
Escorts Bank / May 23 Escorts Investment Bank Limited(ESBL)	6.05 ▲ -0.70 (-10.37%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.00 ▲ -0.45 (-10.11%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	9,889,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	7,571,500 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	6,109,500 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,998,597 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	5,449,620 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	5,014,240 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	4,997,000 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	4,924,900 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,962,500 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,752,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

Federal Tax Ombudsman

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