Tue, 21-Oct-2025

LTO Karachi crosses Rs1 trillion collection

LTO

KARACHI: The Large Taxpayers Office (LTO) Karachi has crossed the tax collection mark of Rs1 trillion in just eight months (July–February) of the fiscal year 2021/22. The LTO Karachi made history by showing a remarkable achievement of collecting unprecedented Rs1,003.45 billion in all taxes during the period of July 2021 to February 2022, as against … Read more

Pakistan reintroduces incentive for banks, exchange firms to boost remittances

State Bank of Pakistan

KARACHI: The State Bank of Pakistan (SBP) on Monday reintroduced an incentive scheme for banks and exchange companies for promoting inflows of home remittances through legal channels during the fiscal year 2021/22. The cash reimbursement scheme for showing growth in processing home remittances by the banks and exchange companies was applicable for the last many … Read more