FTO Archives - Page 9 of 13

Millat Tractors decides to file appeal against FTO order

February 13, 2023February 13, 2023Hamza Shahnawaz

KARACHI: Millat Tractors Limited (MTL) on Monday decided to file petition before the President of Pakistan against the decision of Federal Tax Ombudsman (FTO).

Former tax officer approaches FTO against delay in refund payment

February 9, 2023February 9, 2023Mrs. Anjum Shahnawaz

A former tax officer of Inland Revenue, Federal Board of Revenue (FBR) has approached Federal Tax Ombudsman (FTO) against nonpayment of refund amount.

FTO directs fair treatment of salary taxation for temporary employees

February 6, 2023February 6, 2023Mrs. Anjum Shahnawaz

Federal Tax Ombudsman (FTO) has issued instructions regarding salary taxation for temporary / adhoc employees and directed employers and tax authorities to deduct tax of such employees under Section 149 of Income Tax Ordinance, 2001.

Tax notice placement on IRIS is not valid service: FTO

January 25, 2023January 25, 2023Mrs. Anjum Shahnawaz

In a case, the Federal Tax Ombudsman (FTO) has observed that mere placement of notice on the IRIS does not constitute a valid service.

Thousands of fake transactions discovered in taxpayer profile; FTO orders probe

January 5, 2023January 6, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: A taxpayer has discovered thousands of fake transactions in his profile. The taxpayer moved to the Federal Tax Ombudsman (FTO) for relief after disappointment from the tax authorities.

FTO intervention helps taxpayer to get withholding certificate

December 13, 2022December 13, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Tax Ombudsman (FTO) provided relief to a taxpayer by intervening in a matter where withholding tax certificate was denied to the taxpayer. The Tax Ombudsman’s timely intervention has resolved a genuine taxpayers’ grievance with a withholding company, said a statement issued on Tuesday. READ MORE: FBR imposes $5,000 cash carrying limit for foreign […]

FTO urges business community to lodge complaints for tax issues

November 25, 2022January 17, 2024Hamza Shahnawaz

Karachi: Dr. Asif Mahmood Jah (Sitar-e-Imtiaz), the Federal Tax Ombudsman (FTO), has extended an invitation to the business community, urging them to lodge complaints without hesitation to address and resolve tax related problems effectively.

FTO directs probe into benami transactions by Millat Tractors

November 24, 2022November 24, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to launch probe into huge benami transactions made by M/s. Millat Tractors Limited (MTL). The FTO, in a case against Millat Tractors for making supplies on fake and flying invoices and obtaining refunds on such invoices, asked the FBR to direct Director […]

President Alvi calls for increasing tax-to-GDP ratio

November 12, 2022January 18, 2024Mrs. Anjum Shahnawaz

Lahore: President Dr. Arif Alvi emphasized the imperative for Pakistan to bolster its tax collection mechanisms and elevate the tax-to-GDP ratio as a strategic approach to address persistent financial challenges.

FTO directs country-wide crackdown against smuggled vehicles

October 22, 2022January 14, 2024Hamza Shahnawaz

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed tax authorities to launch country-wide crackdown against smuggled vehicles.

Tag: FTO