Trends - FTO - Business Recorder

FTO

Education board employees get relief from FTO

LAHORE: Thousands of teachers and staff associated with the secondary education boards have received a significant...

Published 16 Mar, 2025 02:50am

Business & Finance

Punishment to taxmen: FBR fails to act on FTO’s key recommendations

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement the key recommendations of the Federal Tax...

Published 08 Mar, 2025 02:48am

FTO unearths tax fraud case involving cyber criminals

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a unique case of tax fraud involving cyber criminals, who...

Updated 07 Mar, 2025 09:19am

Business & Finance

Supervisory, invigilation duties: FTO asks FBR to insulate teachers from paying WT under Sec 153

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

Published 04 Mar, 2025 06:30am

Business & Finance

KE’s financial best practices upheld in FTO’s decision

KARACHI: K-Electric (KE) welcomes the Federal Tax Ombudsman’s (FTO) recent decision affirming the company’s full...

Published 01 Mar, 2025 06:28am

Bun, rusk sales: FTO tells FBR to offer GST relief in budget

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

Updated 27 Feb, 2025 09:24am

Solar net metering consumers: Discovering Rs9.8bn loss, FTO orders 18pc GST levy

ISLAMABAD: The Federal Tax Ombudsman (FTO) discovering huge revenue loss of Rs9.8 billion, passed the order for...

Updated 25 Feb, 2025 08:11pm

‘Fake educational institutions’: FTO to submit detailed report to President

ISLAMABAD: Federal Tax Ombudsman (FTO) will submit a detailed report to President of Pakistan on a reference...

Updated 24 Feb, 2025 08:52am

Editorials

FBR’s strong-arm tactics

EDITORIAL: In yet another display of its highhandedness towards taxpayers, it has come to light that the Federal...

Published 18 Feb, 2025 03:01am

Business & Finance

Delaying tactics in refunds: Taxpayers being forced to withdraw complaints filed with FTO: experts

ISLAMABAD: Tax advisers have reported incidents where tax officials are allegedly pressurizing taxpayers to withdraw...

Published 14 Feb, 2025 08:56am

Business & Finance

Issuance of refunds: Taxpayers being pressurized to withdraw complaint

ISLAMABAD: Tax advisers have reported incidents where tax officials are allegedly pressurizing taxpayers to withdraw...

Published 13 Feb, 2025 07:55am

Salaried individuals: FTO tells FBR to scale back checks on telco-issued certificates

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

Updated 09 Feb, 2025 09:52am

Business & Finance

Punishment to tax officials modified by FTO office

ISLAMABAD: Federal Tax Ombudsman (FTO) has converted the punishment of disciplinary proceedings against the tax...

Published 03 Feb, 2025 06:41am

Business & Finance

USA, Canada, Saudi Arabia, China ‘Overseas Pakistanis, foreigners timely filing complaints with FTO’

ISLAMABAD: The overseas Pakistanis and non-residents in United States of America (USA), Canada, Saudi Arabia, and...

Published 30 Jan, 2025 06:47am

Tax assessment info access: IHC overturns FTO’s stance on taxpayers’ right

ISLAMABAD: The Islamabad High Court (IHC) has overturned the Federal Tax Ombudsman’s stance, which declared that...

Updated 27 Jan, 2025 10:39am

Business & Finance

FTO presents annual report to President

ISLAMABAD: Federal Tax Ombudsman (FTO) made recommendations on 13,500 taxpayers’ complaints, but only 336 were...

Published 21 Jan, 2025 06:12am

Business & Finance

Tax rebate for full-time teachers: FBR directed to issue detailed IT explanatory circular

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

Published 17 Jan, 2025 02:56am

Business & Finance

Forum sets aside FTO’s order against IR official

LAHORE: A senior official of the Inland Revenue department has got rescinded adverse remarks made by the Federal Tax...

Published 10 Jan, 2025 03:51am

Business & Finance

‘FTO disposes of record-breaking 12,914 complaints in 2024’

KARACHI: “The Federal Tax Ombudsman (FTO) has achieved unprecedented success in 2024, maintaining an impressive...

Published 09 Jan, 2025 06:19am

Business & Finance

FTO Lahore resolves 2442 complaints in 2024

LAHORE: The Federal Tax Ombudsman (FTO) Lahore office made significant strides in providing relief to taxpayers in...

Published 07 Jan, 2025 05:55am

Unrecognised educational institutions: FTO to file report to president on tax affairs

ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference...

Updated 06 Jan, 2025 03:17pm

Privacy of taxpayers’ data: FBR fails to defend a case before FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to defend a case before Federal Tax Ombudsman (FTO) which...

Updated 05 Jan, 2025 03:55pm

Business & Finance

FTO resolves 12941 complaints in 2024

ISLAMABAD: Federal Tax Ombudsman (FTO) has promptly resolved 12,941 complaints filed by taxpayers against the ...

Updated 02 Jan, 2025 08:08am

Business & Finance

Federal tax laws: Taxpayers’ rights fully protected: FTO

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Wednesday that taxpayers’ rights are fully protected...

Published 19 Dec, 2024 08:23am

FBR directed to provide copies of ADRC orders to applicant

ISLAMABAD: Lahore High Court (LHC) has directed Federal Board of Revenue (FBR) to provide orders passed by the FBR...

Updated 16 Dec, 2024 04:08pm

Business & Finance

9,900 out of 10,515 complaints resolved: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) Secretariat received 10,515 complaints during the past ten months, of...

Published 11 Dec, 2024 06:45am

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

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 26	150.14
USD to Swiss Franc / Mar 26	0.88
Pound Sterling to USD / Mar 26	1.29
Euro to USD / Mar 26	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
Nasdaq / Mar 25	18,271.86
Dow Jones / Mar 25	42,587.50
India Sensex / Mar 26	77,971.12
Tokyo Nikkei / Mar 26	38,027.29
Hang Seng / Mar 26	23,483.32
FTSE 100 / Mar 26	8,660.31
Germany DAX 30 / Mar 26	22,923.69
France CAC40 / Mar 26	8,042.59

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Crude Oil USD/Barrel / Mar 26	69.26
Gold Spot USD/Ounce / Mar 26	3,018.44
Cotton US¢/pound / Mar 26	65.37
Petrol/Litre / Mar 27	255.63
Diesel/Litre / Mar 27	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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