LTO Karachi Surpasses Rs 1 Trillion Milestone in Six Months
Karachi, January 3, 2024 – The Large Taxpayers Office (LTO) Karachi has etched its name in history by surpassing the Rs 1 trillion collection mark within a span of six months.
Karachi, January 3, 2024 – The Large Taxpayers Office (LTO) Karachi has etched its name in history by surpassing the Rs 1 trillion collection mark within a span of six months.
Karachi, January 2, 2024 – The Sindh Revenue Board (SRB) has sealed branches of a prominent fitness gym, Shadow Fitness Gym, for violating the Sindh Sales Tax on Services Act, 2011.
Karachi, January 2, 2024 – Officers of the Federal Board of Revenue (FBR) have been granted enhanced authority to determine the customs value on the import or export of goods.
Karachi, January 2, 2024 – Pakistan has released the salary tax rates for the tax year 2024, outlining a progressive taxation structure.
Islamabad, January 2, 2024 – The Federal Board of Revenue (FBR) has extended the deadline for submitting recommendations for the Harmonized System (HS) Code List until January 10, 2024.
Karachi, January 2, 2024 – The Large Taxpayers Office (LTO) in Karachi, the foremost tax collection agency of the Federal Board of Revenue (FBR) in Pakistan, has achieved an outstanding 35 percent growth in revenue collection for the month of December 2023 compared to the same month the previous year.
Karachi, January 2, 2024 – The Federal Board of Revenue (FBR) has successfully recovered an outstanding tax amount of Rs 4.5 billion from a multinational company (MNC).
Karachi, January 1, 2024 – Pakistan Customs has officially released the customs value of exported goods for the tax year 2024, as outlined in the updated Customs Act of 1990.
Karachi, January 1, 2024 – In a significant development, Pakistan has officially released the tax rates applicable to imported mobile phones for the tax year 2024.
Karachi, January 1, 2024 – The Sindh Revenue Board (SRB) has reported an extraordinary 35 percent growth in revenue collection for the first half (July – December) of the fiscal year 2023-24, marking a significant milestone in the province’s fiscal performance.