Trends - Federal Tax Ombudsman

Federal Tax Ombudsman

FTO asks FBR to check under-invoicing

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

Published 17 May, 2021 06:14am

Business

FTO recommendation on Pral, I&I officials stays unimplemented

ISLAMABAD: A key recommendation of the Federal Tax Ombudsman (FTO) remained unimplemented by the Federal Board of...

Published 09 May, 2021 03:20am

Business & Finance

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

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

Published 03 May, 2021 04:39am

Business

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

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

Published 28 Apr, 2021 03:18am

Business

Senior IR officials: FTO orders probe into complaint

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation into a complaint against few senior Inland...

Published 12 Apr, 2021 03:59am

Business & Finance

FTO decides refund claim of over Rs 5.86bn during 2020

The Federal Tax Ombudsman highlighted that 3,555 complaints were disposed of during 2020.

Published 26 Mar, 2021 03:36pm

Business & Finance

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

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

Updated 26 Mar, 2021 09:25am

Business

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

ISLAMABAD: The Federal Tax Ombudsman (FTO) has approached the Federal Board of Revenue (FBR) for speedy...

Published 19 Mar, 2021 05:32am

Business & Finance

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

ISLAMABAD: Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to...

Published 15 Feb, 2021 04:53am

Pakistan

FTO summons RD secy, others tomorrow

ISLAMABAD: The Federal Tax Ombudsman (FTO) has called the Revenue Division (RD) secretary, the Member (IR)...

Updated 01 Feb, 2021 09:07am

Business & Finance

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
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

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

Most Popular Articles