The Sindh Revenue Board (SRB) collected total revenue of Rs128 billion during 2020-21 as compared to the collection of Rs106 billion during 2019-20 which reflects a growth of 21% despite the general economic slowdown and the resurgence of coronavirus disease during the year.
According to a statement issued by the board, the collection of Rs128 billion includes record receipts of Rs121 billion Sindh sales tax, representing a growth of 21% over the collection of Rs100 billion during 2019-20. Collection of Sindh Workers Welfare Fund by SRB during 2020-21 stood at Rs7 billion as compared to the collection of Rs6 billion during the preceding year, which too represents a growth of 17%.
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The milestone that SRB has reached represents a consistency of achievements since organization's inception in 2011, courtesy the hard-work and steadfastness demonstrated by its workforce beyond the normal call of duty in a work-culture dedicated to professional values.
The board said that no new tax was levied in the Sindh Budget of 2020-21. The business environment was also significantly unfavourable for the services sector which was hard-hit by the Covid-19 throughout the year, forcing partial lockdowns.
SRB team acknowledges the cooperation of its taxpayers without which the landmark performance would not have been possible.
Published in The Express Tribune, July 3rd, 2021.
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