Business

Sindh Revenue Board achieves record collection

The achievement signified a year-on-year growth of 29%

APP May 02, 2024

PHOTO: FILE

KARACHI:

The Sindh Revenue Board (SRB) has collected Rs185.2 billion during the first nine months of fiscal year 2023-24 depicting an increase of 29% over the corresponding period of last year.

Chairman SRB Wasif Memon called on Sindh Chief Minister Syed Murad Ali Shah on Wednesday and briefed him about SRB’s revenue collections, said a statement issued.

The SRB collected a record revenue of Rs185.2 billion during the first nine months of the fiscal year 2023-24 while in the corresponding period of the previous financial year 2022-23, the tax collection stood at Rs143.3 billion, the statement revealed, adding that the achievement signified a year-on-year growth of 29%.

At the occasion, the CM said that despite encountering various challenges, including the broader economic slowdown, the SRB has demonstrated resilience and efficiency in revenue collection.

The monthly tax collection by SRB during April 2024 has remained Rs18.8 billion which shows 23% growth as compared to tax collection of Rs15.2 billion in April 2023, it said.

Published in The Express Tribune, May 2^nd, 2024.

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COMMENTS (1)

M.Ali Raza Sheikh | 6 months ago | Reply Incumbent Government should give the relief to Tax Payer such as issue the Smart Card to all individual by which they can get discount 15 -20 discount at every services either purchasing. by this relief every ones think about to registered and pay the tax.

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