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Waheed Shahzad Butt

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

Business & Finance

Refund relief given by appellate forums: FTO orders probe against FBR, its wing for violation

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

Published 08 Sep, 2024 02:42am

Pakistan

Failure to submit comments in a case: FTO directs FBR to take disciplinary action

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to initiate...

Published 17 Aug, 2024 06:12am

Sec 132(3) of IT Ord: Willful delay in tax-related cases to cost CTO dearly

ISLAMABAD: The federal government may pay a cost of Rs.400,000 for delaying the tax-related cases pending before...

Updated 07 Jul, 2024 10:10am

Pakistan

MTBA urges FBR chief to issue apology to SC advocate

ISLAMABAD: Multan Tax Bar Association (MTBA) has urged chairman Federal Board of Revenue (FBR) to issue an...

Published 22 Jun, 2024 06:47am

Pakistan

Violation of SC orders: FTO orders probe against CTO Islamabad officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has ordered an investigation against the Federal ...

Published 18 May, 2024 05:45am

Non-submission of comments: PHC attaches salary of FBR chief?

ISLAMABAD: The Peshawar High Court (PHC) has attached the salary of the chairman of the Federal Board of Revenue...

Updated 20 Mar, 2024 08:46am

Business & Finance

Recoveries from developers, builders: CA firms having ICAP-QCR rating of ‘satisfactory’ notified

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday notified Chartered Accountant firms having an ICAP-QCR rating...

Published 15 Mar, 2024 04:14am

FBR urged to notify CA firms having ICAP-QCR’s ‘satisfactory’ rating

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman has been urged to immediately notify the Chartered Accountant...

Updated 18 Feb, 2024 08:51am

Business & Finance

FTO orders probe into bank account attachments without recovery notice

ISLAMABAD: Federal Tax Ombudsman (FTO) has ordered to conduct an investigation against Secretary Revenue Division ...

Published 26 Jan, 2024 04:58am

Business & Finance

Coercive steps against taxpayers: probe ordered

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

Updated 10 Jan, 2024 09:00am

Business & Finance

ATIR Lahore explains how foreign companies should approach

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has unanimously held that the foreign companies have...

Published 31 Dec, 2023 03:04am

‘Legal advisers in field formations’: FBR yet to implement President’s order

ISLAMABAD: The Federal Board of Revenue (FBR) has not implemented an order passed by President Arif Alvi, who has...

Updated 25 Dec, 2023 03:26pm

Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm

ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed...

Updated 18 Dec, 2023 09:14am

‘Handling complaints of aggrieved persons’: President sets aside order of Banking Mohtasib

ISLAMABAD: President Dr Arif Alvi has set aside an order of Banking Mohtasib Pakistan and directed the Mohtasib to...

Updated 11 Dec, 2023 09:48am

Working on contract basis: Ministry asked to serve notices on 10 judicial members

ISLAMABAD: The Chief Justice Islamabad High Court (IHC) has observed that non-filing of replies/ comments by ten...

Updated 20 Nov, 2023 09:04am

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

Hiring of legal advisors: Matter of ‘nepotism’ sent to FBR chairman

ISLAMABAD: President Dr Arif Alvi has referred a serious matter of nepotism and corruption in the appointment of...

Updated 13 Nov, 2023 09:51am

Business & Finance

Recovery notices under Sec 138: FTO orders probe against FBR

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

Published 05 Nov, 2023 03:10am

Incorrect tax liability: FTO summons FBR officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Federal Board of Revenue (FBR) members IR-Policy and...

Updated 30 Oct, 2023 08:52am

FTO summons FBR officials for ignoring tax-related queries

Islamabad: The Federal Tax Ombudsman (FTO) has summoned Member Inland Revenue (Operations) Federal Board of Revenue...

Updated 23 Oct, 2023 09:03am

Pakistan

Violation of order: IHC summons Member Legal FBR

ISLAMABAD: Islamabad High Court (IHC) has summoned Member (Legal) Federal Board of Revenue (FBR) to appear in person...

Published 02 Oct, 2023 06:33am

Zero Percent Tax Amnesty Scheme: FBR finally releases data of beneficiaries

ISLAMABAD: The Pakistan Information Commission’s (PIC) landmark order has been implemented by the Federal Board of...

Updated 25 Sep, 2023 09:16am

Right to seek automated refunds: IHC issues notices to FBR chairman, others

Business & Finance

Refusal letter says section 216 prohibits disclosure of taxpayer’s information to any individual or authority except those mentioned explicitly in sub section 3 of section 21 of the Ordinance

Updated 07 Aug, 2023 11:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Waheed Shahzad Butt

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