LTU Karachi auditor awarded ‘removal from service’

ISLAMABAD: Federal Board of Revenue (FBR) has awarded major penalty of ‘removal from service’ on an auditor (BS-18) posted at Large Taxpayers Unit (LTU) Karachi for inefficiency and misconduct. A notification issued... Read more »

Tax credit for final, minimum regimes may be withdrawn

ISLAMABAD: The tax authorities may withdraw tax credit available to taxpayers falling in final and minimum tax regimes, sources in Federal Board of Revenue (FBR) said. The sources said that the Large... Read more »

LTU Karachi posts 15% growth in revenue collection

KARACHI: Large Taxpayers Unit (LTU) Karachi has registered 15 percent growth in revenue collection during first seven months of current fiscal year, a statement said on Monday. Read more »

LTU Karachi collects Rs688 billion, registers 15% growth in first half

KARACHI: Large Taxpayers Unit (LTU) Karachi has collected Rs688 billion during first six months (July – December) of 2019/2020 as against Rs598 billion in the corresponding period of the last fiscal year,... Read more »

LTU Karachi detects mega tax evasion of Rs18 billion by a company

KARACHI: Large Taxpayers Unit (LTU) Karachi has detected mega tax evasion to the tune of Rs18 billion by a company. Read more »

LTU Karachi identifies unregistered 100,000 commercial gas connection holders

KARACHI: The Large Taxpayers Unit (LTU) Karachi on Wednesday said that it has identified over 100,000 persons having commercial gas connections but not registered with the Federal Board of Revenue (FBR). Read more »