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Maladministration

Law of precedent: Lower fora bound to follow decision of higher appellate, admits FBR

ISLAMABAD: Member Legal (Inland Revenue) Federal Board of Revenue (FBR) admitted before Federal Tax Ombudsman (FTO)...

Updated 18 Sep, 2023 08:56am

President endorses FTO’s order against FBR

ISLAMABAD: President Arif Alvi has endorsed the order of the Federal Tax Ombudsman (FTO) against the Federal Board ...

Updated 25 Aug, 2023 09:13am

Business & Finance

Year-on-year: Number of complaints against FBR has doubled: FTO

ISLAMABAD: The total number of complaints filed by taxpayers with the Federal Tax Ombudsman (FTO) against the ...

Published 06 Jul, 2023 05:42am

Pakistan

Alleged maladministration: IHC issues notices to member FBR, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to Member Information Technology Federal Board of Revenue...

Published 15 May, 2023 06:41am

Revision in GST returns due to FBR FASTER glitches: Refusing exporters’ requests tantamount to maladministration: FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has committed a serious nature of maladministration by refusing...

Updated 09 May, 2023 09:13am

Business & Finance

Ignoring grounds of appeals tantamount to maladministration: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) has issued an important ruling that the act of non-consideration of all...

Published 12 Mar, 2023 05:55am

Business & Finance

FTO terms delay in execution of ATIRs’ orders ‘maladministration’

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah has declared that a delay in implementing the orders of Appellate...

Published 15 Feb, 2023 06:27am

Business & Finance

FTO terms delay in changing taxpayers’ jurisdiction ‘maladministration’

LAHORE: Inordinate delay in changing the jurisdiction of taxpayers is tantamount to maladministration, said Federal...

Published 09 Feb, 2023 06:02am

Business & Finance

Ex-ombudsman’s order still awaits enforcement: FTO may have to order action against FBR officers again

ISLAMABAD: The Federal Tax Ombudsman (FTO) may have to direct the Federal Board of Revenue (FBR) again to implement...

Published 30 Jan, 2023 05:56am

RTO Lahore: FTO unearths ‘maladministration’

ISLAMABAD: Federal Tax Ombudsman (FTO) has unearthed that the Regional Tax Office (RTO) Lahore has committed...

Updated 23 Jan, 2023 09:18am

Business & Finance

FTO takes record number of suo motu notices against maladministration in 6 months

ISLAMABAD: For the first time in history, Federal Tax Ombudsman Dr Asif Mahmood Jah took a record number of 75 suo...

Published 26 Sep, 2022 07:17am

Pakistan

G-B, AJK: Maladministration in actions of customs/IR depts: FTO empowered to deal with cases

ISLAMABAD: The extension of the scope of the Federal Tax Ombudsman (FTO) Ordinance, 2000 to Gilgit-Baltistan and ...

Published 28 Apr, 2022 05:37am

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.50 ▲ 0.46 (22.55%)
First Prudential Mod. / Dec 8 First Prudential Modaraba(PMI)	2.18 ▲ 0.26 (13.54%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
NBP PGETF / Dec 8 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	14.56 ▲ 1.33 (10.05%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.35 ▲ 0.38 (9.57%)
Habib Ins. / Dec 8 Habib Insurance Company Limited(HICL)	6.50 ▲ 0.52 (8.70%)
Unicap Modaraba / Dec 8 Unicap Modaraba(UCAPM)	1.88 ▲ 0.14 (8.05%)
Agritech Limited / Dec 8 Agritech Limited(AGL)	13.52 ▲ 1.00 (7.99%)
Bela Auto / Dec 8 Bela Automotives Limited(BELA)	13.53 ▲ 1.00 (7.98%)

Stock	Price
Jahangir Sidd(Pref) / Dec 8 Jahangir Sidd(Pref)(JSCLPSA)	8 ▼ -0.89 (-10.01%)
Aisha Steel(ConPS) / Dec 8 Aisha Steel(ConPS)(ASLPS)	7.21 ▼ -0.79 (-9.88%)
F.Credit & Inv / Dec 8 First Credit and Investment Bank Limited(FCIBL)	6.61 ▼ -0.64 (-8.83%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.10 ▼ -0.44 (-7.94%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
J.A.Textile / Dec 8 J.A. Textile Mills Limited(JATM)	45.35 ▼ -3.62 (-7.39%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)
Bestway Cement / Dec 8 Bestway Cement Limited(BWCL)	190 ▼ -11.50 (-5.71%)
Treet Corp. (R) / Dec 8 Treet Corporation Limited (R)(TREETR2)	3.83 ▼ -0.22 (-5.43%)
Gammon Pak / Dec 8 Gammon Pakistan Limited(GAMON)	14.27 ▼ -0.73 (-4.87%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	246,006,787 ▲ 0.38
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.03
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	59,284,953 ▲ 0.01
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	43,233,500 ▼ -0.05
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 0.66
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.05
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.18
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	31,638,000 ▲ 0.30
Sui South Gas / Dec 8 Sui Southern Gas Company Limited(SSGC)	28,907,224 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Tokyo Nikkei / Dec 7	32438.10
Nasdaq / Dec 7	14340
Hang Seng / Dec 7	16345.89
FTSE 100 / Dec 7	7513.72
Dow Jones / Dec 7	36117.38
Germany DAX 30 / Dec 7	16628.99
France CAC40 / Dec 7	7428.52
India Sensex / Dec 8	69810.76

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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Maladministration

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