Karachi, June 29, 2025 – The Large Taxpayers Office (LTO) Karachi has shattered expectations by crossing the monumental Rs3 trillion mark in tax collection — and it’s not done yet. With just two days remaining in the fiscal year 2024–25, LTO Karachi is charging ahead with a fierce determination to breach Rs3.25 trillion, turning heads across Pakistan’s economic and political circles.
Sources inside LTO Karachi revealed a surge of activity on Sunday as officers worked around the clock, hunting down outstanding dues, mobilizing enforcement teams, and freezing accounts of chronic defaulters. In one aggressive move alone, the office recovered a jaw-dropping Rs31 billion by freezing bank accounts of unwilling taxpayers — a bold reminder that LTO Karachi means business.
Often hailed as the “mini-FBR,” LTO Karachi stands tall as the crown jewel of the Federal Board of Revenue (FBR), handling high-stakes corporate taxation and serving as the country’s most powerful revenue arm. Over the first 11 months of FY24–25 (July–May), the office raked in a provisional Rs2.81 trillion — an explosive 27% increase from last year’s Rs2.21 trillion haul. With June’s Rs400 billion target nearly within reach, the finish line looks poised for fireworks.
But this is more than just numbers — this is a seismic shift in tax culture. LTO Karachi isn’t just collecting taxes; it’s rewriting the rules of enforcement and compliance in Pakistan. It has evolved into a fiscal juggernaut, commanding not only revenue but also respect and fear among the country’s biggest financial players.
Officials say this unprecedented performance will set a new benchmark in Pakistan’s tax history. The record-breaking revenue has not only exceeded projections but is also expected to reshape national fiscal planning and boost investor confidence.
With all eyes locked on the final day of June, one thing is certain: LTO Karachi is not just setting records — it’s making history. The powerhouse has proven that when it comes to driving Pakistan’s economy forward, there’s no force quite like LTO Karachi.