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Tag: FTO

Tax Ombudsman

FTO Directs FBR for Swift Action Against Fraudulent GDs

May 4, 2024May 4, 2024Shahnawaz Akhter

Karachi, May 4, 2024 – The Federal Tax Ombudsman (FTO) has mandated an immediate investigation by the Federal Board of Revenue (FBR) into the rampant misuse of Goods Declarations (GD) concerning export consignments processed through Pakistan’s integrated customs platforms, the Pakistan Single Window (PSW) and Web Based One Customs (WeBOC).

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Tax Ombudsman

FTO Orders FBR to Withdraw Petitions After Presidential Directives

April 27, 2024April 27, 2024Shahnawaz Akhter

In a notable move, the Federal Tax Ombudsman (FTO) has issued directives to the Federal Board of Revenue (FBR) to withdraw all writ petitions filed in high courts that contradict the orders previously issued by the President of Pakistan.

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Tax Ombudsman

FTO and FBR Address Taxpayer Concerns

April 20, 2024June 1, 2026Mrs. Anjum Shahnawaz

Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, convened a significant meeting with Member Inland Revenue (Operations) of the Federal Board of Revenue (FBR), Mir Badshah Khan Wazir, and his team to deliberate on issues concerning taxpayers.

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Tax Ombudsman

FTO Asks FBR to Clarify Provident Fund Registration

March 12, 2024March 12, 2024Shahnawaz Akhter

Karachi, March 12, 2024 – The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a clarification on the registration process for provident funds by employers.

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Tax Budget

FTO Directs FBR to Conduct Thorough Audit of Taxpayer Data

February 16, 2024February 16, 2024Shahnawaz Akhter

Islamabad, February 16, 2024 – The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to audit all fake transactions and taxpayers data.

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Tax Ombudsman

FBR Lacks Standards to Determine Property Value: FTO Report

February 16, 2024February 16, 2024Shahnawaz Akhter

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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Tax Return Filing

Simplified Tax Return to Benefit 1.4 Million Salaried Persons

February 16, 2024February 16, 2024Shahnawaz Akhter

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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Tax Ombudsman

President Commends FTO for Swift Taxpayer Grievance Resolution

February 14, 2024February 14, 2024Mrs. Anjum Shahnawaz

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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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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