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

News Image

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

0:00

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

Related News

Name Price/Vol %Chg/NChg
KSE100 139,679.69
195.59M
0.92%
1267.44
ALLSHR 86,554.97
354.91M
0.99%
852.01
KSE30 42,684.22
81.23M
1.02%
429.38
KMI30 196,903.01
82.51M
1.44%
2793.42
KMIALLSHR 57,457.07
153.02M
1.31%
743.40
BKTi 37,929.10
13.39M
0.26%
97.76
OGTi 28,353.47
35.50M
3.33%
912.84
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,535.00 119,785.00
117,905.00
1915.00
1.63%
BRENT CRUDE 72.60 72.82
72.16
-0.64
-0.87%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.23 70.41
69.80
0.23
0.33%
SUGAR #11 WORLD 16.46 16.52
16.45
0.01
0.06%

Chart of the Day


Latest News
July 31, 2025 at 12:51 PM GMT+05:00

KIBOR jumps after SBP holds policy rate steady


July 31, 2025 at 12:06 PM GMT+05:00

Crescent Star Insurance resumes 'Guarantee Business'


July 31, 2025 at 12:01 PM GMT+05:00

Bawany Air Products back on PSX Normal Counter


July 31, 2025 at 11:20 AM GMT+05:00

Sitara Peroxide narrows annual loss by 77%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg