Ā The FTO has ordered the Federal Board of Revenue (FBR) to team up with the State Bank of Pakistan (SBP) and tackle two major hurdles you’ve been facing: Remember how open-account transactions…
Tag: FTO
FBR Instructed by FTO to Ensure Precision in Valuating Immovable Properties
In a move to ensure the precise valuation of immovable properties across the country, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action. Let’s break…
FTO Urges FBR to Monitor Property Prices Closely
The Federal Tax Ombudsman (FTO) has recently wrapped up its investigation and put forth a recommendation to the Federal Board of Revenue (FBR) regarding the Real Estate sector. In simpler terms, the…
FTO Requests FBR Review of Jurisdiction Transfer Cases
The Federal Tax Ombudsman (FTO) has explicitly informed the Federal Board of Revenue (FBR) that the relocation of public sector contractors’ jurisdiction from Quetta to Karachi has resulted in significant hardship for…
FTO notices that the FBR cellĀ disregarded the ECC decision
ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken note of the Export-Oriented Sector Registration Cell (ESRC), FBR, non-compliance with a significant decision of the Economic Coordination Committee (ECC) of the Cabinet in…
FTO Orders FBR to Dispose of Tax Year 2018 Pending Tax Refund Claim
For the tax year (TY) 2018’s outstanding tax refund requests, the Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to resolve them and make sure the relevant commissioner…
FTO directs the FBR to collect sales tax on the retail price of specified goods
While deciding on its motion investigation, the Federal Tax Ombudsman (FTO) directed the Federal Board of Revenue (FBR) to enable the automated collection of sales tax on retail prices in the case…