FBR’s largest tax office posts record net revenue as direct taxes, sales tax and Federal Excise Duty collections register strong growth despite economic challenges.
(more…)Tag: LTO Karachi
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LTO Karachi Missed Rs223.5mn FED Recovery on Vehicle Sales: AGP
Audit says FBR failed to pursue legal action over short-paid Federal Excise Duty on locally manufactured vehicles
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LTO Karachi targets 174 taxpayers in foreign assets scrutiny drive
Investigation under AEOI framework targets offshore wealth, foreign income and tax reporting compliance.
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LTO Karachi hits historic high with Rs3 trillion collection in 10MFY26
Large Taxpayers Office posts 10% growth in net revenue amid strong direct tax performance
The Large Taxpayers Office (LTO) Karachi has reported record revenue collection of nearly Rs3 trillion during the first 10 months of fiscal year 2025-26, marking its highest-ever performance for the period, according to official data.
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LTO Karachi posts record Rs2.58 trillion tax collection in 9MFY26
KARACHI, April 20, 2026- The Large Taxpayers Office (LTO) Karachi reported record tax collection of Rs2.58 trillion in the first nine months of fiscal year 2025-26, marking a 10% increase compared with the same period last year, official data showed on Monday.
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LTO Karachi to conduct enhanced tax scrutiny of top MNCs
Karachi, March 16, 2026 – The Federal Board of Revenue (FBR) has transferred the cases of several major multinational companies (MNCs) to the Large Taxpayers Office (LTO) Karachi to strengthen corporate tax oversight and ensure compliance with domestic tax laws.
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LTO Karachi breaks records, collects Rs2 trillion in seven months of FY26
Karachi, February 18, 2026 – The Large Taxpayers Unit (LTO) Karachi has achieved a historic milestone by collecting around Rs2 trillion in taxes during the first seven months (July to January) of the fiscal year 2025-26, official sources confirmed on Wednesday.
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LTO Karachi assigns tax assessment authority for BYD Pakistan
Karachi, February 3, 2026 – The Large Taxpayers Office (LTO) Karachi has delegated tax assessment powers for BYD Pakistan to the Deputy Commissioner of Zone-II, strengthening oversight and transparency.
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LTO Karachi launches sweeping tax crackdown on banks and financial institutions
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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