Trends - FTO - Business Recorder

FTO

FTO asks FBR to review ED regime

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of...

Updated 01 Dec, 2023 09:12am

Business & Finance

FTO directs FBR to streamline IT process

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

Published 25 Nov, 2023 05:19am

Pakistan

Mosque: FTO says charging IT by KE thru power bill illegal

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that charging of income tax by M/s K-Electric, Karachi through...

Published 23 Nov, 2023 03:19am

Pakistan

Plea against harassment: FTO summons FBR member, commissioner tomorrow

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR, Federal Board of Revenue (FBR) and...

Published 23 Nov, 2023 03:19am

Pakistan

Alvi rejects another representation filed by tractor making co against FTO order

ISLAMABAD: President Arif Alvi has rejected another representation filed by a leading tractor manufacturing company...

Published 23 Nov, 2023 03:19am

Business & Finance

Representations on the order: FTO grossly ‘misinterpreted’ Alvi’s order: MTL

ISLAMABAD: Millat Tractors Limited (MTL) on Thursday categorically said that the Federal Tax Ombudsman (FTO) has...

Published 17 Nov, 2023 06:06am

Business & Finance

Discos, NTDC, CPPA-G: FTO seeks FBR clarification on attachment of bank accounts

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Jah has directed Member Inland Revenue (Operations) Federal Board...

Published 16 Nov, 2023 05:39am

Business & Finance

For future probationary officers of IRS: FTO forwards case of ‘classic maladministration’ to develop case study

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forwarded a case of maladministration to Directorate of...

Published 16 Nov, 2023 05:39am

Business & Finance

Rs12bn tax refund ‘fraud’: Alvi directs FBR to restore probe against MTL

ISLAMABAD: President Arif Alvi has directed the Federal Board of Revenue (FBR) to restore investigation against M/s...

Published 16 Nov, 2023 05:39am

Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers

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

Updated 15 Nov, 2023 09:50am

Business & Finance

Verification of IT refund claims: FTO asks FBR to take uniform approach

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

Published 15 Nov, 2023 06:09am

FTO can’t initiate action against FBR employees without issuing notice: SHC

ISLAMABAD: The Sindh High Court (SHC) has directed the Federal Tax Ombudsman (FTO) that the FTO office cannot...

Updated 12 Nov, 2023 09:09am

Private medical colleges: FTO directs FBR to probe tax matters

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

Updated 06 Nov, 2023 08:35am

Business & Finance

Recovery notices under Sec 138: FTO orders probe against FBR

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

Published 05 Nov, 2023 03:10am

Pakistan

Jan-Oct 2023: FTO disposes of 6,703 cases

ISLAMABAD: The Federal Tax Ombudsman (FTO) has disposed of 6,703 cases of taxpayers filed against the Federal Board...

Published 01 Nov, 2023 05:57am

Pakistan

‘Illegal’ seizure of foreign currency: FTO asks FBR to take action against customs officials

ISLAMABAD: Federal Tax Ombudsman (FTO) Monday directed the Federal Board of Revenue (FBR) to take disciplinary ...

Published 31 Oct, 2023 05:26am

Incorrect tax liability: FTO summons FBR officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Federal Board of Revenue (FBR) members IR-Policy and...

Updated 30 Oct, 2023 08:52am

Business & Finance

FTO asks FBR to form experts’ team to eliminate fake/flying invoices

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a team of sales...

Published 27 Oct, 2023 05:16am

Removal of anomalies in valuation tables: FTO directs FBR to activate ‘DGIP’

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

Updated 25 Oct, 2023 09:22am

Business & Finance

‘Underhand’ vehicle auction: President endorses recommendations of FTO

ISLAMABAD: The President of Pakistan has endorsed the recommendations of the Federal Tax Ombudsman (FTO) for...

Published 25 Oct, 2023 06:19am

FTO summons FBR officials for ignoring tax-related queries

Islamabad: The Federal Tax Ombudsman (FTO) has summoned Member Inland Revenue (Operations) Federal Board of Revenue...

Updated 23 Oct, 2023 09:03am

Pakistan

Tax laws teaching: FTO office and COMSATS University ink MoU

ISLAMABAD: The Federal Tax Ombudsman (FTO) and COMSATS University, Islamabad, have signed a memorandum of...

Published 19 Oct, 2023 05:10am

Business & Finance

Tax recovery: FTO directs FBR to conduct WHT audit of NHA for TY23

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah in a landmark order has directed the Federal Board of...

Published 18 Oct, 2023 06:09am

Taxpayers’ queries: FTO concerned at FBR Member’s lack of response

ISLAMABAD: Federal Tax Ombudsman (FTO) has regretted that the Federal Board of Revenue (FBR) Member Legal has wasted...

Updated 17 Oct, 2023 08:29am

Business & Finance

FTO directs FBR to place names of all manual filers on latest ATL

ISLAMABAD: Taking a big step to facilitate general public, Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has...

Published 14 Oct, 2023 05:32am

Real time basis: FBR asked to evaluate housing schemes in posh areas

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the housing schemes in...

Updated 13 Oct, 2023 09:51am

Business & Finance

Deceased taxpayers: FBR issues SOP for deregistration of NTNs, STRNs

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a Standard Operating Procedure (SOP) for deregistration of...

Published 12 Oct, 2023 05:57am

Benami transactions, misuse of taxpayers’ CNICs: FTO directs FBR to investigate cases

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Director General Anti-Benami Initiative, Federal Board of...

Updated 11 Oct, 2023 09:23am

Pakistan

FTO Dr Asif elected Secretary General of OICOA

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has been elected as Secretary General of Organisation of Islamic...

Published 10 Oct, 2023 06:19am

FTO barred from initiating action against banking co

ISLAMABAD: Islamabad High Court (IHC) has restrained the Federal Tax Ombudsman (FTO) from taking action against a...

Updated 09 Oct, 2023 08:43am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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