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Maladministration

‘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

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

Pakistan

President confirms FTO’s order against FBR’s ‘coercive measures’

ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO), who has...

Published 02 Sep, 2024 06:40am

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Maladministration

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