ISLAMABAD, February 16, 2024 – In a recent report, the Federal Tax Ombudsman (FTO) has highlighted significant deficiencies in the Federal Board of Revenue’s (FBR) process of determining fair market property values.
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Simplified Tax Return to Benefit 1.4 Million Salaried Persons
KARACHI, February 16, 2024 – In a move to alleviate the burden on salaried individuals and pensioners, the Federal Tax Ombudsman (FTO) has revealed that the newly simplified income tax return form is set to benefit approximately 1.4 million taxpayers.
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President Commends FTO for Swift Taxpayer Grievance Resolution
Islamabad, February 14, 2024 – In a commendation of the Federal Tax Ombudsman’s (FTO) commendable efforts, Pakistan’s President Dr. Arif Alvi has lauded the organization for its pivotal role in swiftly addressing taxpayers’ grievances.
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FTO Orders Probe into Tax Data Breach
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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FTO Exposes Flaws in Valuation of Immovable Properties
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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FTO Investigates Bribery by FBR Officials Targeting Fish Exporters
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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FTO Directs Tax Audit of Nil Filer Medical College
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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FTO Extends Tax Relief of Rs 17.74 Billion in 2023
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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FTO Directs Swift Action Against Cyber Fraud in Tax Returns
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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FTO Warns Taxpayers of Rising Scams and Fraudulent Activities
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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