Tag: LTO Karachi

Karachi, May 21, 2025 – The Large Taxpayers Office (LTO) Karachi has once again demonstrated its exceptional prowess in revenue mobilization by amassing an unprecedented Rs2.56 trillion in tax collections during the first ten months (July to April) of the fiscal year 2024-25.

KARACHI, April 23, 2025 – The Large Taxpayers Office (LTO) Karachi has posted a remarkable 27% increase in revenue collection during the first nine months (July–March) of the fiscal year 2024–25, underscoring its critical role in Pakistan’s tax administration system.

Karachi, March 25, 2025 – The Large Taxpayers Office (LTO) Karachi has taken decisive action against M/s. Collectibles, a well-known luxury watch retailer, by sealing four of its registered outlets over alleged sales tax fraud.

Karachi, March 23, 2025 – The Large Taxpayers Office (LTO) Karachi has successfully collected Rs 3.60 billion as Capital Value Tax (CVT) on motor vehicles and foreign assets during the first eight months (July to February) of the fiscal year 2024-25.

Karachi, February 11, 2025 – The Large Taxpayers Office (LTO) Karachi has taken decisive action by sealing an outlet of Zelbury, a well-known online fashion shopping platform, for issuing unverified sales tax invoices.

Karachi, January 12, 2025 – The Large Taxpayers Office (LTO) Karachi has established the Inland Revenue Enforcement Network (IREN) to address tax evasion within its jurisdiction. This initiative aligns with directives issued by the Federal Board of Revenue (FBR), which outlined the scope and functions of the IREN network and the enforcement units within field […]