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Federal Tax Ombudsman

Ombudsman institutions: FTO unveils programme to foster global co-operation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has launched an innovative "Capacity Building Exchange Programme" to...

Published 05 Dec, 2024 08:53am

‘Misleading statement’: FTO orders investigation against FBR officials

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has ordered an investigation against Federal Board of Revenue’s...

Updated 25 Nov, 2024 02:44pm

Business & Finance

Over 11,000 tax-related complaints received this year: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah announced that over 11,000 tax-related complaints were...

Published 20 Nov, 2024 07:24am

Business & Finance

Tax-related issues to be resolved on priority: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has committed to prioritising and resolving tax-related...

Updated 20 Nov, 2024 07:08am

Pakistan

Complainant is a successful bidder: FTO directs FBR to facilitate delivery of car

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

Published 01 Nov, 2024 08:05am

Business & Finance

FBR lists cases pending implementation of FTO rulings

ISLAMABAD: The Federal Board of Revenue (FBR) has compiled a list of important cases where decisions of the Federal...

Updated 22 Oct, 2024 08:50am

Business & Finance

Repeated maladministration to taxpayers: FTO directs FBR to take action against RTO Rawalpindi officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take immediate action...

Updated 15 Oct, 2024 08:28am

Business & Finance

Gang involved in selling non-customs paid products: FTO summons FBR members for not initiating action

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal...

Published 14 Oct, 2024 06:24am

14 business categories: FTO issues notice to FBR on compulsory integration

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

Updated 07 Oct, 2024 09:41am

Business & Finance

Solid surface materials: Customs’ valuations revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of solid...

Published 10 Jul, 2024 03:14am

Business & Finance

Tractor manufacturing company: LTO Lahore detects Rs13.286bn sales tax discrepancies

ISLAMABAD: On the directions of the President of Pakistan, the Large Taxpayer Office (LTO), Lahore has concluded the...

Published 14 Jun, 2024 06:31am

Business & Finance

Customs values on import of welding electrodes revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of welding...

Published 29 May, 2024 06:05am

Pakistan

KMU hosts awareness session on taxpayer rights

PESHAWAR: Khyber Medical University (KMU) hosted an awareness session on safeguarding taxpayers’ rights at Dr...

Published 27 May, 2024 05:52am

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

FTO decides Rs17.742bn refund claims in 2023

ISLAMABAD: The Federal Tax Ombudsman (FTO) has addressed the grievances of the taxpayers by processing 8,963 cases...

Updated 15 Feb, 2024 09:51am

Pakistan

‘Economy, democracy crucial pillars for development of country’

LAHORE: Coordinator to Minister of State and Federal Tax Ombudsman Meher Kashif Younis said on Thursday that the...

Published 09 Feb, 2024 03:29am

Business & Finance

‘Nil’ filing of tax returns: FTO asks FBR to conduct detailed audit of a medical college

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed audit...

Published 27 Dec, 2023 05:15am

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in...

Updated 22 Dec, 2023 09:03am

Business & Finance

Faulty procedure of issuing show-cause notice: Sales tax dept misses tax collection opportunity

LAHORE: The sales tax department missed the opportunity for tax collection because of a faulty procedure of issuing ...

Published 07 Dec, 2023 04:35am

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 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

President dismisses FBR’s appeal against expats

ISLAMABAD: President Arif Alvi has warned the Federal Board of Revenue (FBR) to stop harassing overseas Pakistanis,...

Updated 01 Oct, 2023 10:51pm

FTO orders: FBR devises new strategy for filing review pleas

ISLAMABAD: The Federal Board of Revenue (FBR) has devised a new strategy for filing of review petitions/...

Updated 26 Sep, 2023 08:43am

Unchallenged tax demand case: FTO waiting for tax officials’ response

ISLAMABAD: The Federal Tax Ombudsman (FTO) is waiting for the response of the Federal Board of Revenue (FBR), Chief...

Updated 11 Sep, 2023 09:05am

New version of ‘IRIS’: FBR asked to remove errors

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

Updated 01 Sep, 2023 09:59am

Business & Finance

FTO recommends a taxpayer-friendly automated system

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

Published 30 Aug, 2023 03:33am

Sec 14(4) of Mohtasib Act: Power to decide ‘representation’ resides solely with President: SC

ISLAMABAD: The Supreme Court ruled that the power to decide the representation resides solely with and is exercised...

Updated 27 Aug, 2023 09:37am

Pakistan

Funeral prayers for FTO Asif Jah’s father offered at Sargodha

ISLAMABAD: The Namaz-e-Janaza of the father of Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah was offered at...

Published 17 Aug, 2023 03:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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