Sindh Revenue Board: Collection target set at Rs25b for 2011-12

Last year FBR had transferred Rs17 billion in sales tax to Sindh.


July 01, 2011

KARACHI:


Sindh Revenue Board (SRB) has set a collection target of Rs25 billion for fiscal year 2011-12 in its first year, after transfer of revenue collection powers to Sindh province under 7th National Finance Commission award,  according to Advisor to CM for Planning and Development Qaiser Bengali on Friday.


In an interview, Bengali said, the major source of revenue comes from the telecom sector, while the others are minor contributors.  Last year, Federal Board of Revenue (FBR) had transferred Rs17 billion to Sindh province under sales tax on services.

Bengali, who prepared a working paper on behalf of the Sindh government, which convinced the federal government to hand over sale tax collection on services to the provinces, said that some problems can crop up in the intial stages, but those would be addressed.



Published in The Express Tribune, July 2nd, 2011.

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