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FTO

Case involving release of vehicle: FBR directed to investigate allegations of maladministration by Taftan, Quetta customs

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

Published 15 May, 2024 05:47am

Business & Finance

PCJCCI holds awareness session about role & functions of FTO

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) organized an awareness session for ...

Published 14 May, 2024 05:18am

Business & Finance

LCCI, FTO hold awareness session on Role of FTO

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) in collaboration with Federal Tax Ombudsman (FTO)...

Published 03 May, 2024 06:29am

Bringing developers, builders into tax net: FBR fails to achieve desired results

It is learnt that the FBR is expected to issue increased values of immovable properties from July 1, 2024

Updated 01 May, 2024 03:24pm

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

Non-exporters: FBR issuing urgent alert to check misuse of CNICs/NTNs

ISLAMABAD: The Federal Board of Revenue (FBR) is issuing an urgent alert to the Customs field formations to check...

Updated 23 Apr, 2024 08:54am

SBP and NBP: Customs authorities directed to deposit all valuable articles

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Customs authorities to deposit all the valuable articles...

Updated 20 Apr, 2024 08:52am

Business & Finance

FBR seeks guidance of FTO to improve collection

ISLAMABAD: The Federal Board of Revenue (FBR) Friday sought guidance of Federal Tax Ombudsman for improving revenue...

Published 20 Apr, 2024 04:18am

Pakistan

Mayo Hospital honours FTO for release of radiation machine

LAHORE: The Department of Oncology and Radiotherapy of Mayo Hospital has honoured Federal Tax Ombudsman (FTO) Dr ...

Published 09 Apr, 2024 05:06am

Business & Finance

FTO takes notice of illegal recovery by FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of an illegal tax recovery by the Federal Board of...

Published 05 Apr, 2024 04:50am

Business & Finance

Revenue officers object to issuance of inspection letters by FTO

LAHORE: Revenue officers have objected to the office of the Federal Tax Ombudsman's issuance of inspection letters...

Published 04 Apr, 2024 04:56am

Pakistan

Release of machine by customs: IHC upholds President’s and FTO’s decision

ISLAMABAD: The Islamabad High Court has upheld the President’s and Federal Tax Ombudsman’s decision directing...

Published 03 Apr, 2024 05:29am

Business & Finance

Tax recovery from builders: FBR’s policy wing submits report to FTO

ISLAMABAD: Following intervention by the Federal Tax Ombudsman (FTO), the Policy Wing of the Federal Board of ...

Published 31 Mar, 2024 02:53am

Business & Finance

Sale of non-customs paid products: FTO orders probe

ISLAMABAD: Federal Tax Ombudsman (FTO) has ordered to conduct an investigation against criminal gang involved in...

Published 27 Mar, 2024 04:38am

Power consumers: President confirms FTO’s decision

ISLAMABAD: President of Pakistan has confirmed Federal Tax Ombudsman’s decision to alleviate miseries of power...

Updated 19 Mar, 2024 09:21am

Manually or electronically: President says taxpayers to get equal treatment

ISLAMABAD: President of Pakistan has ruled that the filers of income tax returns manually would now be able to enjoy...

Updated 18 Mar, 2024 09:54am

Business & Finance

FBR notice issued within 6 years: ‘Taxpayer bound to maintain tax record till...’

ISLAMABAD: Federal Tax Ombudsman (FTO) Friday declared that once Federal Board of Revenue’s (FBR) notice is issued...

Published 16 Mar, 2024 06:26am

Business & Finance

Pending refunds: five RTOs comply with FTO’s directives

ISLAMABAD: The Regional Tax Offices (RTOs) of Karachi, Gujranwala, Faisalabad, Lahore and Sialkot have followed...

Published 15 Mar, 2024 04:14am

Business & Finance

Shipping cos, refund charges: FTO has ordered audit of unlawful collections: APPMA

KARACHI: Federal Tax Ombudsman (FTO) has ordered Collector of Custom Enforcement to audit unlawful collections of...

Published 09 Mar, 2024 04:59am

Business & Finance

Release of ‘radiation machine’ President endorses FTO’s order

ISLAMABAD: President Arif Alvi has endorsed the order of the Federal Tax Ombudsman (FTO), directing the Collector of...

Published 08 Mar, 2024 03:14am

Business & Finance

‘FBR forced to implement 94pc of FTO’s orders’

ISLAMABAD: Federal Tax Ombudsman (FTO) Asif Mahmood Jah has said that the Federal Board of Revenue (FBR) has been...

Published 04 Mar, 2024 04:15am

Business & Finance

Unjustified levy of taxes: FTO monitoring complaints of taxpayers

HYDERABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah, SI, has said that FTO is monitoring complaints of...

Published 01 Mar, 2024 02:59am

Business & Finance

Office of FTO: Business community briefed about mandate & performance

KARACHI: Dr Asif Mahmood Jah, Federal Tax Ombudsman, has apprised the business community on the mandate and the...

Published 29 Feb, 2024 04:41am

Conduct of business of banks: FTO has no jurisdiction to probe legality: IHC

ISLAMABAD: The Islamabad High Court (IHC) has declared that the Federal Tax Ombudsman (FTO) cannot assume the powers...

Updated 28 Feb, 2024 09:19am

Business & Finance

Taxpayer claims audit proceedings conducted under repealed provisions

LAHORE: A taxpayer has alleged the income tax department to have used repealed provisions of the law to carry out...

Published 28 Feb, 2024 06:10am

Business & Finance

FTO can’t address anonymous complaints against FBR officers

LAHORE: The Federal Tax Ombudsman (FTO) cannot entertain anonymous and pseudonymous complaints to conduct an...

Published 22 Feb, 2024 06:55am

Business & Finance

Taxpayers’ disputes with FBR: FTO’s IDRC resolves 347 cases without litigation

ISLAMABAD: The Informal Dispute Resolution of Complaints (IDRC) of the Federal Tax Ombudsman (FTO) has resolved 347...

Published 18 Feb, 2024 03:01am

Pakistan

Private medical, dental colleges: FTO asks FBR to file audited accounts

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure filing of audited...

Published 17 Feb, 2024 05:51am

Business & Finance

FTO conducts 203 OM probes in 2023

ISLAMABAD: The Federal Tax Ombudsman (FTO) office conducted record 203 Own Motion (OMs) investigations in potential...

Published 16 Feb, 2024 06:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	154.15
USD to Swiss Franc / May 15	0.90
Pound Sterling to USD / May 15	1.27
Euro to USD / May 15	1.09

Stock	Volume
S&P 500 / May 15	5308.15
India Sensex / May 15	72987.03
Tokyo Nikkei / May 15	38630.19
Nasdaq / May 15	16742.39
Hang Seng / May 15	19161.63
FTSE 100 / May 15	8445.80
Dow Jones / May 15	39908
Germany DAX 30 / May 15	18869.36

Item	Value
Crude Oil USD/Barrel / May 15	78.99
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2388.85
Cotton US¢/pound / May 15	76.16
Petrol/Litre / May 16	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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