Karachi, January 26, 2026 – In a bold move signaling zero tolerance for tax evasion, the Large Taxpayers Office (LTO) Karachi has empowered its officials to spearhead an aggressive tax enforcement drive targeting banks and financial institutions.
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Pakistan’s tax giant: LTO Karachi achieves Rs1.70 trillion in half-year
Karachi, January 20, 2026 – The Large Taxpayers Office (LTO) Karachi has surpassed all previous records by collecting an unprecedented Rs1.70 trillion in the first half of fiscal year 2025-26 (July–December), marking a 9% growth over Rs1.56 trillion collected during the same period last year. As the largest revenue-generating arm of the Federal Board of Revenue (FBR), LTO Karachi continues to set benchmarks in tax administration and compliance.
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LTO Karachi assigns ARY Media Group income tax cases to AEOI Zone
Karachi, December 29, 2025 – The Large Taxpayers Office (LTO) Karachi has reassigned the income tax cases of ARY Media Group to its Automatic Exchange of Information (AEOI) Zone, according to official documents obtained by PkRevenue. The move is part of the tax authority’s efforts to enhance scrutiny and improve compliance through specialized monitoring.
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LTO Karachi reports unprecedented 475% surge in stock market CGT collections
Karachi, December 19, 2025 — The Large Taxpayers Office (LTO) Karachi has reported a remarkable 475 percent increase in the collection of capital gains tax (CGT) on the disposal of securities during the first five months of the current fiscal year 2025–26, reflecting the strong performance of the Pakistan Stock Exchange (PSX).
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LTO Karachi achieves record Rs1.27 trillion tax collection in 5MFY26
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.
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LTO Karachi rakes in Rs757 million tax from lavish weddings and grand functions
Karachi, October 24, 2025 – The glitter and glamour of Karachi’s extravagant wedding season have turned into gold for the tax authorities, as the Large Taxpayers Unit (LTO) Karachi reported a whopping Rs757 million collection in withholding tax on marriages and social functions during the tax year 2025.
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Abbasi assumes charge as commissioner of AEOI Zone Karachi
Karachi, August 12, 2025 – Abdul Qadeer Abbasi, a BS-19 officer of the Inland Revenue Service (IRS), has officially assumed charge as the Commissioner of the Automatic Exchange of Information (AEOI) Zone in Karachi.
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LTO Karachi recovers Rs4 billion CVT from foreign assets
KARACHI, August 8, 2025 — In a stunning fiscal triumph, the Large Taxpayers Office (LTO) Karachi has unleashed its enforcement might, recovering a jaw-dropping Rs4 billion in Capital Value Tax (CVT) from foreign assets during the 2024-25 fiscal year.
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LTO Karachi promises swift action on FPCCI tax woes
Karachi, July 7, 2025 – The Large Taxpayers Office (LTO) Karachi has assured the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) of its full cooperation in resolving the pressing tax and technical issues raised by the business community, particularly those arising from the newly introduced provisions of the Federal Budget 2025–26.
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LTO Karachi shatters all records with Rs3.27 trillion tax collection
KARACHI, July 1, 2025 — In a groundbreaking fiscal triumph, the Large Taxpayers Office (LTO) Karachi has shattered all previous records by amassing an unprecedented Rs3.27 trillion in tax collection during the financial year 2024–25 — a feat that is being hailed as a watershed moment in Pakistan’s taxation history.
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