Karachi, December 19, 2025 – The Large Taxpayers Office (LTO) Karachi has accomplished an unprecedented milestone, amassing Rs1.27 trillion in tax revenue during the first five months (July–November) of fiscal year 2025-26, underscoring robust revenue mobilization efforts.
Official data reveals that LTO Karachi, the premier revenue collection entity under the Federal Board of Revenue (FBR), recorded a 14% year-on-year surge, compared to Rs1.11 trillion collected during the same period of the preceding fiscal year. This exceptional feat was realized notwithstanding the disbursement of tax refunds totaling Rs64 billion, marking a 41% escalation from Rs45 billion in the corresponding timeframe last year.
The tax office demonstrated commendable performance across both direct and indirect taxation streams. Collections of direct taxes surged by 20% to Rs651 billion, up from Rs542 billion in the same period of FY25. Meanwhile, sales tax receipts ascended by 5% to Rs515 billion, compared to Rs492 billion previously. The modest growth in domestic sales tax, which remained stagnant at Rs199 billion, was offset by a robust 10% rise in import-related sales tax, amounting to Rs347 billion against Rs314 billion in the prior fiscal year. Refunds in this category rose sharply to Rs31 billion, up 46% from Rs21 billion.
Furthermore, federal excise duty collections exhibited an impressive 31% expansion, totaling Rs100 billion compared with Rs76 billion during the same period last year.
These figures underscore LTO Karachi’s unwavering commitment to enhancing revenue mobilization, reinforcing its pivotal role in buttressing Pakistan’s fiscal architecture and economic stability.