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Federal Tax Ombudsman

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

FTO says oil, gas sector ‘strictly’ governed by Ogra

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that the oil & gas sector being a highly regulated segment of...

Updated 30 Nov, 2022 09:53am

FTO accuses tractor company of concealing sales transactions

ISLAMABAD: The Federal Tax Ombudsman (FTO) has discovered that a leading tractor manufacturing company used...

Updated 28 Nov, 2022 09:37am

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

FTO expresses concern over ‘disconnect’ between FBR wings

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over the huge disconnect between Regional...

Published 09 Nov, 2022 03:41am

Business & Finance

FBR asked to ensure low-paid PTV employees are not burdened with high tax cuts

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that low-paid...

Published 27 Oct, 2022 05:54am

Petition against appointments: PHC directs FTO and 14 office advisers to file comments

ISLAMABAD: The Peshawar High Court (PHC) has directed all 14 advisers of the Federal Tax Ombudsman (FTO) Office and...

Updated 23 Oct, 2022 10:08am

Business & Finance

Failure to issue tax relief orders: FTO unearths hundreds of cases involving LTOs and RTOs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed hundreds of cases involving Large Tax Offices (LTOs) and...

Updated 22 Oct, 2022 11:57am

Pakistan

Appointments of advisers: PHC directs FTO, AI to submit replies

ISLAMABAD: The Peshawar High Court (PHC) has directed the Federal Tax Ombudsman (FTO) and Adviser Incharge (AI) FTO...

Published 27 Sep, 2022 04:06am

Pakistan

Seizure of vehicles across country: FTO asks FBR to prepare policy with inputs from LEAs

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Thursday directed the Federal Board of Revenue (FBR) to take an...

Published 23 Sep, 2022 07:28am

Pakistan

‘Slacked audits’: FTO finds Commissioner IR (Appeals) involved in malfeasance

ISLAMABAD: The Federal Tax Ombudsman (FTO) has found a Commissioner for Inland Revenue (Appeals) involved in...

Published 22 Sep, 2022 05:48am

Pakistan

‘Pakistan facing losses of $30bn due to climate crimes of other states’

ISLAMABAD: Pakistan is victim of climate change produced by the heavily industrialised countries and paying a...

Published 19 Sep, 2022 07:07am

Pakistan

FTO seeks clarification from FBR over tax on judicial allowance

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has sought clarification from the Federal Board of Revenue...

Published 16 Sep, 2022 07:08am

WHT on judicial allowance: FTO directs FBR to clarify legal status

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

Updated 13 Sep, 2022 09:52am

Business & Finance

Beverage industry: FTO endorses govt’s proposal for Rs60bn additional taxes

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly endorsed the government’s proposal to impose additional...

Updated 06 Sep, 2022 12:54pm

Business & Finance

FTO again asks FBR to quickly process textile firms’ cases received by ESRC

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

Published 30 Aug, 2022 06:21am

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

Engineering industry plays a key role in economic growth: Punjab governor

ISLAMABAD: Punjab Governor Baligh Ur Rehman Saturday said engineering industry played a key role in economic growth...

Published 21 Aug, 2022 05:16am

Disposal of confiscated vehicles: FTO directs FBR to approach ECC

Major exercise was conducted on directions of FTO to identify pendency of stuck-up auctionable goods

Updated 09 Aug, 2022 09:40am

Miscarriage of justice, maladministration: President demands explanation from FBR

ISLAMABAD: President Dr Arif Alvi has called for an explanation from FBR over unnecessarily contesting the decision...

Updated 08 Aug, 2022 10:23am

Business & Finance

FTO takes notice of non-compliance of ECC decision by FBR cell

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of the non-compliance with a major decision of the...

Published 31 Jul, 2022 05:39am

Business & Finance

FTO names RWCCI chief as honorary coordinator

ISLAMABAD: The Federal Tax Ombudsman appointed Rawalpindi Women Chamber of Commerce & Industry President Uzma...

Published 31 Jul, 2022 05:39am

Business & Finance

Transit scheme cargo: FTO asks FBR to install mobile scanners at Chaman

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Tuesday directed the Federal Board of Revenue (FBR) to immediately...

Published 27 Jul, 2022 05:23am

Business & Finance

Auctionable goods: FTO asks customs to do away with huge pendency

FBR has so far collected Rs5.34 bn by disposal of goods through auction

Updated 26 Jul, 2022 11:43am

Prime/brand new steel: FBR asked to probe phenomenon of large-scale misdeclarations

FTO sets deadline of July 2022 for early submission of report

Updated 19 Jul, 2022 10:58am

Business & Finance

Refund of excess amount to car buyers: President rejects FBR’s application against FTO’s order

ISLAMABAD: President Arif Alvi has rejected a review representation made by the Federal Board of Revenue (FBR)...

Published 17 Jul, 2022 05:19am

Business & Finance

Non-issuance of refund: FTO directs FBR to pay compensation to taxpayer

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

Published 15 Jul, 2022 06:20am

Pakistan

PHEC chief highlights importance of global education tourism

LAHORE: Chairman Punjab Higher Education Commission (PHEC) Dr Shahid Munir on Tuesday said that it is fact that...

Published 13 Jul, 2022 05:48am

Business & Finance

Late delivery: FBR asked to direct car maker to pay KIBOR+ 3pc/annum

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

Published 06 Jul, 2022 05:35am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 10 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 10 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 10 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 10 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 10 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 10 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 10 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 10 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 10 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 10 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 10 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 10 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 10 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 10 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 10 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 10 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 10 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 10 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 10 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 10 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 10 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 10 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 10 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 10 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 10 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 10 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 10 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 10 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 10 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

Federal Tax Ombudsman

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