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Tag: FTO

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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Tax Ombudsman

FTO Orders Fact-Finding Committee in Case of Non-Clearance of Bentley Car

September 25, 2023September 25, 2023Shahnawaz Akhter

Karachi, September 25, 2023 – The Federal Tax Ombudsman (FTO) has issued directives to establish a fact-finding committee in response to a complaint regarding the non-clearance of a Bentley Continental Car.

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FBR Blue

FBR Updates SOP for Processing FTO Cases

September 25, 2023September 25, 2023Mrs. Anjum Shahnawaz

Karachi, September 25, 2023 – The Federal Board of Revenue (FBR) has introduced updates to the Standard Operating Procedure (SOP) governing the processing of cases involving the Tax Ombudsman.

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Tax Ombudsman

FTO Office Assures Timely and Free Justice to Businessmen

September 6, 2023September 6, 2023Faisal Shahnawaz

Karachi, September 6, 2023 – In a reassuring move, the Federal Tax Ombudsman’s (FTO) office has pledged to deliver timely and cost-free justice to businessmen facing taxation-related issues.

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mobile phones

Flaws Detected in Assessment and Valuation of Mobile Phones

August 30, 2023August 30, 2023Shahnawaz Akhter

Karachi, August 30, 2023 – The Federal Tax Ombudsman (FTO) has issued a directive to customs authorities, urging them to rectify significant flaws in the assessment and valuation process of mobile phones.

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