LTO Karachi sets new record with Rs3.26tr collection in FY25

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By MG News | July 01, 2025 at 10:17 AM GMT+05:00

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July 01, 2025 (MLN): In a remarkable feat, the Large Taxpayers Office (LTO) Karachi has collected a record-breaking Rs 184.7 billion in a single day, pushing its total tax collection for June 2025 to Rs449.05bn, up by 48% growth compared to June 2024.

According to an official statement by the Media Coordinator of LTO Karachi, this milestone underscored the dedication and professionalism of the LTO Karachi team, which has been instrumental in driving these exceptional results.

Furthermore, LTO Karachi successfully concluded the financial year 2024-2025 with a total collection of Rs3.256 trillion, posting a robust growth of 29% over the previous fiscal year.

This substantial increase highlights the office’s consistent efforts to broaden the tax base and ensure compliance among large taxpayers.

The record performance is expected to strengthen the country’s fiscal position, providing critical support for development and public service initiatives.

Copyright Mettis Link News

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