AIRLINK 190.39 Decreased By ▼ -3.11 (-1.61%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.62 Increased By ▲ 0.09 (1.2%)
FCCL 37.50 Decreased By ▼ -0.20 (-0.53%)
FFL 15.60 No Change ▼ 0.00 (0%)
FLYNG 25.51 Decreased By ▼ -0.08 (-0.31%)
HUBC 129.20 Increased By ▲ 2.13 (1.68%)
HUMNL 13.50 No Change ▼ 0.00 (0%)
KEL 4.62 Increased By ▲ 0.04 (0.87%)
KOSM 6.23 Increased By ▲ 0.13 (2.13%)
MLCF 43.99 Increased By ▲ 0.03 (0.07%)
OGDC 204.90 Increased By ▲ 1.66 (0.82%)
PACE 6.46 Increased By ▲ 0.06 (0.94%)
PAEL 40.70 Decreased By ▼ -0.28 (-0.68%)
PIAHCLA 17.33 Decreased By ▼ -0.16 (-0.91%)
PIBTL 7.96 Increased By ▲ 0.30 (3.92%)
POWER 9.16 Increased By ▲ 0.08 (0.88%)
PPL 175.00 Increased By ▲ 0.75 (0.43%)
PRL 37.99 Decreased By ▼ -0.08 (-0.21%)
PTC 24.50 Increased By ▲ 0.43 (1.79%)
SEARL 106.87 Decreased By ▼ -0.37 (-0.35%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 37.50 Increased By ▲ 1.10 (3.02%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.53 Increased By ▲ 0.29 (3.52%)
TPLP 12.35 Increased By ▲ 0.57 (4.84%)
TRG 65.90 Increased By ▲ 1.02 (1.57%)
WAVESAPP 12.79 Increased By ▲ 1.16 (9.97%)
WTL 1.69 Increased By ▲ 0.01 (0.6%)
YOUW 3.93 Increased By ▲ 0.08 (2.08%)
BR100 11,814 Increased By 45.8 (0.39%)
BR30 35,245 Increased By 280.8 (0.8%)
KSE100 112,255 Increased By 767.9 (0.69%)
KSE30 35,193 Increased By 258.7 (0.74%)

ISLAMABAD: The Ministry of Law and Justice has proposed the Ministry of Kashmir Affairs to adapt the Federal Tax Ombudsman Ordinance, 2000 in Gilgit-Baltistan to address the tax-related issues of the taxpayers living in GB.

According to the details released by the FTO office here on Wednesday, the adaptation of the Federal Tax Ombudsman Ordinance in GB is the right step towards taxpayers’ facilitation.

The FTO Office has been providing immediate and inexpensive justice to common people across the country regarding maladministration on the part of various sales/income tax/customs functionaries.

Keeping in view the fact that the express enforcement of jurisdiction of the Federal Tax Ombudsman to Gilgit-Baltistan may be beneficial to redress the grievances emanating from the tax-related issues in Gilgit-Baltistan and provide a means of good governance to the people residing or transacting business there.

The Ministry of Law and Justice has recently proposed a memorandum regarding the “Adaptation of Federal Tax Ombudsman Ordinance, 2000 in Gilgit-Baltistan” to the Ministry of Kashmir Affairs for placing the proposal before the Kashmir council in terms of mandate as per rules of business. This step is anticipated to mitigate the sense of deprivation of the local population, thereby, strengthening in them a sense of belonging and belief in good governance by the federation.

The FTO has appreciated the step and stated that Customs formations are functioning already in the form of a Collectorate as well as dry port at Suston Khunjerab Pass in the region.

Moreover, the expected conversion of Skardu Airport into an International Airport shall further enhance the role of tax authorities in the province. Thus, the institution of the FTO is expected to play a constructive role in ensuring good governance on the part of relevant public functionaries in GB.

Copyright Business Recorder, 2021

Comments

Comments are closed.