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

SSGC bank accounts frozen for Rs23 billion tax recovery

bank accounts

KARACHI: The Large Taxpayers Office (LTO) Karachi has frozen the bank accounts of a gas utility company for recovery of Rs23 billion. According to a statement issued by the LTO Karachi on Wednesday, the tax office had attached all bank accounts of Sui Southern Gas Company Limited (SSGC) due to their default of due sales … Read more

LTO Karachi’s collection grows 53% in five months

LTO

The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more

LTO Karachi registers 53% increase in July-November collection

LTO

KARACHI: The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more

LTO Karachi, foreign investors discuss pending tax issues

LTO

KARACHI: The Large Taxpayers Office (LTO) Karachi on Tuesday discussed tax issues with foreign investors from the Overseas Investors Chamber of Commerce Industries (OICCI) operating in Pakistan. Shahid Iqbal Baloch, chief commissioner of the Inland Revenue, LTO Karachi, headed the tax team, while Kazi Hifzur Rehman, commissioner of the Inland Revenue, Audit Zone-III, LTO, Karachi, … Read more