The Federal Tax Ombudsman (FTO) has recently exposed significant inefficiencies within the tax authorities, revealing the existence of fake companies that have been registered and operating since 2008.
(more…)Tag: FTO
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FTO directs revamping tax deregistration of deceased individuals
The Federal Tax Ombudsman (FTO) has taken notice of repeated notices being issued to deceased individuals with zero assets and has instructed the Federal Board of Revenue (FBR) to revamp the deregistration system to prevent this from happening.
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FTO orders release of illegally detained iPhone-14 and laptops by customs officials
The Federal Tax Ombudsman (FTO) has directed disciplinary proceedings against officials of Pakistasn Customs responsible for the illegal detention of iPhones and laptops.
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FTO directs Lahore Customs to return $10,000 in currency seizure case
Federal Tax Ombudsman (FTO) has directed Lahore Customs to return $10,000 to a complainant in currency seizure case.
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FTO expresses concerns over FBR’s unethical behavior
ISLAMABAD: The Federal Tax Ombudsman (FTO) has raised serious concerns over the Federal Board of Revenue’s (FBR) handling of taxpayer complaints, citing a lack of empathy and cooperation in addressing the hardships faced by taxpayers.
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FTO issues directives to FBR, SBP in timely completion of export rebates
Federal Tax Ombudsman (FTO) has issued directives to relevant authorities to ensuring timely completion and credit of rebates to exporters.
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FBR directed to examine sales tax deduction on computerized arms licenses
ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
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FTO recommends probe against Summit Bank in COO Omni Group case
Federal Tax Ombudsman (FTO) has recommended tax authorities to launch probe under Anti-Benami law against Summit Bank while disposing of a case lodged by a top official of Omni Group.
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FBR’s Inland Revenue office makes recovery despite stay order
ISLAMABAD: An office of Inland Revenue of the Federal Board of Revenue (FBR) has disrespected the legal order by making tax recovery from a bank account of a taxpayer despite a stay order was granted to avoid harsh measure.
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Highest number of banking complaints filed against HBL in CY22
Aggrieved with banking services, customers have filed the highest number of complaints against Habib Bank Limited (HBL) – the largest bank in Pakistan – during the year 2022.
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