Karachi, August 31, 2023 – In a statement released on Thursday, a revenue collecting arm of the Federal Board of Revenue (FBR) addressed the allegations of embezzlement against Pakistan International Airlines (PIA) management, categorically denying their involvement while confirming the freezing of bank accounts pending the filing of this report.
Karachi, July 5, 2023 – The Large Taxpayers Office (LTO) Karachi has exceeded its revenue collection target for the fiscal year 2022-23, amassing approximately Rs2 trillion, according to officials on Wednesday.
Karachi, June 26, 2023: The Large Taxpayers Office (LTO) Karachi on Monday achieved a significant milestone by surpassing the landmark gross revenue collection of Rs2 trillion during the fiscal year 2022-2023.
The Large Taxpayers Office (LTO) Karachi has reported a significant increase in tax collection, recording a remarkable 24% growth during the period of July to April 2022-2023 compared to the previous fiscal year.
The Federal Board of Revenue (FBR) has recently appointed Sajidullah Siddiqui, a senior BS-21 officer, as the Chief Commissioner Inland Revenue of Large Taxpayers Office (LTO) Karachi.
KARACHI: Large Taxpayers Office (LTO) Karachi has collected PKR 456.4 billion in the first quarter (July – September) 2022/2023. The LTO Karachi is the largest revenue collecting arm of the Federal Board of Revenue (FBR). The tax office has posted quarterly growth of 23 per cent as it collected PKR 371.3 billion in the same … Read more
KARACHI: Large Taxpayers’ Office (LTO) Karachi surpasses the target of revenue collection of Rs.1,595 billion during the fiscal year 2021-2022. The LTO, Karachi has collected Rs.146 billion excess amount, as it was assigned the target of Rs.1,449 billion for the fiscal year 2021-2022. READ MORE: LTO Karachi collects Rs1.4 trillion July – May The LTO … Read more
KARACHI: Large Taxpayers Office (LTO) Karachi has collected Rs1.4 trillion during first 11 months (July – May) of fiscal year 2021/2022, showing a 41 per cent growth over the corresponding period last year. According to a statement issued on Tuesday, the LTO Karachi collected Rs1.4 trillion during first 11 months of the current fiscal year … Read more
KARACHI: The Large Taxpayers Office (LTO) Karachi has surpassed an ambition tax collection milestone of Rs1 trillion in just eight months (July – February) of the current fiscal year 2021/2022 (8MFY22). According to a statement issued by the LTO Karachi, the largest revenue collecting arm of the Federal Board of Revenue (FBR), the unit had … Read more
KARACHI: Sindh High Court has suspended tax recovery notices issued against Sui Southern Gas Company Limited, according to a communication sent to the Pakistan Stock Exchange (PSX) on Friday. The gas utility clarified reports regarding action of the Large Taxpayers Office (LTO) Karachi for making recovery by attachment of bank accounts. READ MORE: FBR freezes … Read more