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Tag: Federal Tax Ombudsman

Tax Ombudsman

FTO Orders Probe into Tax Data Breach

February 7, 2024February 7, 2024Shahnawaz Akhter

Islamabad, February 7, 2024 – The Federal Tax Ombudsman (FTO) has directed an immediate investigation into a case of unauthorized access to tax data, revealing a concerning breach in the system.

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Tax Ombudsman

FTO Exposes Flaws in Valuation of Immovable Properties

January 16, 2024January 16, 2024Shahnawaz Akhter

Karachi, January 16, 2024 – The Federal Tax Ombudsman (FTO) has unearthed significant flaws in the valuation of immovable properties across Pakistan, revealing a lack of attention from the Federal Board of Revenue (FBR) and incompetence that has left the field vulnerable to the discretion of provincial and FBR’s field staff.

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Tax Ombudsman

FTO Investigates Bribery by FBR Officials Targeting Fish Exporters

January 15, 2024January 15, 2024Shahnawaz Akhter

Islamabad, January 15, 2024 – The Federal Tax Ombudsman (FTO) has launched an investigation into allegations of bribery by officials of the Federal Board of Revenue (FBR) targeting fish exporters.

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Tax Ombudsman

FTO Directs Tax Audit of Nil Filer Medical College

January 13, 2024January 13, 2024Shahnawaz Akhter

Karachi, January 13, 2024 – The Federal Tax Ombudsman (FTO) has taken a significant step towards ensuring tax compliance within the private education sector by directing the Federal Board of Revenue (FBR) to conduct a thorough tax audit of Watim Medical College.

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Tax Ombudsman

FTO Extends Tax Relief of Rs 17.74 Billion in 2023

January 10, 2024January 10, 2024Mrs. Anjum Shahnawaz

Islamabad, January 10, 2024 – The Federal Tax Ombudsman (FTO) has delivered substantial tax relief amounting to Rs 17.74 billion in 2023, surpassing the previous year’s figure of Rs 7 billion.

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Tax Ombudsman

FTO Directs Swift Action Against Cyber Fraud in Tax Returns

December 30, 2023December 30, 2023Mrs. Anjum Shahnawaz

Islamabad, December 30, 2023 – The Federal Tax Ombudsman (FTO) has taken a decisive stance against cybercrime, directing the Federal Board of Revenue (FBR) to promptly address instances of hacking and manipulation within the tax system.

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Tax Ombudsman

FTO Warns Taxpayers of Rising Scams and Fraudulent Activities

December 17, 2023December 17, 2023Mrs. Anjum Shahnawaz

Islamabad, December 17, 2023 – The Federal Tax Ombudsman (FTO) has issued a stern warning to taxpayers across Pakistan, urging them to be on high alert for scams and fraudulent activities targeting unsuspecting individuals.

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Tax Ombudsman

FTO Resolves Advance Income Tax Issue on Mosque Electricity Bill

November 22, 2023November 22, 2023Shahnawaz Akhter

Karachi, November 22, 2023 – Following the intervention of the Federal Tax Ombudsman (FTO), a matter concerning the improper deduction of advance income tax on the electricity bill of Masjid Al Noor (Trust) has been successfully resolved.

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Tax Ombudsman

FTO Directs FBR to Operationalize Directorate of Immovable Property Valuation

November 6, 2023November 6, 2023Mrs. Anjum Shahnawaz

Islamabad, November 6, 2023 – The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) to operationalize the ‘Directorate General of Immovable Property,’ established under section 230F through the Finance Act of 2018.

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Tax Ombudsman

FTO Directs FBR to Assess Real Values of Immovable Properties in Posh Areas

October 13, 2023May 16, 2026Shahnawaz Akhter

Islamabad, October 13, 2023 – The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) aimed at rectifying valuation deficiencies and inconsistencies in the assessment of immovable properties, particularly in affluent areas.

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