Pakistan Revenue
ISLAMABAD: President Dr. Arif Alvi has rejected an appeal filed by Soneri Bank Limited against an order made by Banking Mohtasib. The President ordered the bank to pay the amount to complainant in fraud case, a statement said on Saturday. According to the details, President Dr. Arif Alvi has rejected the representation, filed by the […]
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KARACHI: The Banking Mohtasib (Ombudsman) Pakistan has provided monetary relief amounting to Rs 305.5 million to the banking customers by disposing of 14,910 complaints during the first half (January to June) of the current calendar year, 2021, according to a press release issued on Tuesday. About 99 per cent (14,755) complaints were resolved amicably while […]
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ISLAMABAD: President Dr Arif Alvi on Friday rejected the representation of MCB Bank challenging the order of Banking Mohtasib to credit the lost money to its account holder, who had fallen victim to internet banking fraud.
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KARACHI: The office of Banking Mohtasib Pakistan has said that complaints against banking frauds, forgeries and other regularities were monthly highest received in March 2021 since the inception of Mohtasib office in 2005. Complaints against banking frauds and forgeries registered massive increase of 135 percent during three months (January – March) of 2021 as compared […]
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KARACHI: In an interesting case an account holder suffered deduction of withholding tax at a higher rate on banking transactions despite the account holder’s name was on the Active Taxpayers List (ATL). According to a case study, a complainant lodged a complaint before the Banking Mohtasib Pakistan that the concerned bank had deducted withholding tax […]
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KARACHI – A Foreign Currency Account (FCA) holder faced immense inconvenience when his bank was unable to trace his long-maintained account. According to the 2020 Annual Report issued by the Office of Banking Mohtasib Pakistan, the complainant claimed that he had opened an FCA with a local bank branch in 1996 before leaving for Saudi […]
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KARACHI: Habib Bank Limited (HBL) has topped in failing to satisfy customers with the services as the highest number of complaints were filed against the bank at the Wafaqi Mohtasib (Ombudsman) Pakistan. The annual report for the year 2020 issued by the office of Wafaqi Mohtasib last week revealed that the highest number of complaints […]
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KARACHI: During investigation of a case before the Banking Mohtasib Pakistan, a bank revealed that one of its branch manager committed fraud of an amount Rs30 million involving 29 customers.
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KARACHI: A bank has deducted irrationally a huge amount as withholding tax from transactions made by an account holder.
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KARACHI: The Banking Mohtasib has asked the State Bank of Pakistan (SBP) to restore the verification through biometric system for activation/re-activation of online banking services. The non-availability of biometric verification system is creating unsafe environment for banking customers, according to annual report for the year 2020 issued by the office of Banking Mohtasib Pakistan on […]
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