Karachi, January 3, 2024 – The Large Taxpayers Office (LTO) Karachi has etched its name in history by surpassing the Rs 1 trillion collection mark within a span of six months.
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LTO Karachi Posts 35% Growth in December Tax Collection
Karachi, January 2, 2024 – The Large Taxpayers Office (LTO) in Karachi, the foremost tax collection agency of the Federal Board of Revenue (FBR) in Pakistan, has achieved an outstanding 35 percent growth in revenue collection for the month of December 2023 compared to the same month the previous year.
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Tax Collection from Dividend Surges 32% in First Four Months of Fiscal Year 2023-24
Karachi, November 24, 2023 – The withholding tax collection from dividend income has experienced a remarkable increase of 32 percent during the initial four months (July – October) of the fiscal year 2023-24, according to provisional data from the Large Taxpayers Office (LTO) in Karachi.
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FBR Collects Withholding Tax Worth Rs 4 Billion on Reintroduced Cash Withdrawals from Banks
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LTO Karachi Summons Sugar Millers in Tax Fraud Probe
November 22, 2023 – The Large Taxpayers Office (LTO) Karachi, a crucial revenue collection arm of the Federal Board of Revenue (FBR), has intensified its investigation into sales tax fraud, summoning sugar millers to appear before an inquiry regarding the issuance of fake and flying invoices.
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FBR Confirms Freezing PIA Bank Accounts, Denies Embezzlement Allegations
The Large Taxpayers Office (LTO) Karachi, a revenue collection arm of the Federal Board of Revenue (FBR), released a statement on Thursday vehemently denying allegations of embezzlement against Pakistan International Airlines (PIA) management.
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LTO Karachi Surpasses FY23 Target, Collects Nearly Rs2 Trillion Amid Economic Challenges
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.
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LTO Karachi Surpasses Landmark Tax Collection of Rs2 Trillion
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.
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LTO Karachi posts 24% growth in tax collection for July – April 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.
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LTO Karachi hopes to achieve revenue collection target for 2022-2023
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.
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