Sindh Revenue Board collects Rs 100 bln Sindh Sales Tax during 2019-20

News Image

MG News | July 02, 2020 at 09:44 AM GMT+05:00

0:00

July 02, 2020: Sindh Revenue Board collected total revenue of Rs105.9 billion includes record receipts of Rs 100.3 billion of Sindh sales tax during 2019-20, which reflects a growth of 5.6% despite the general economic slowdown during the year, and the fall out of COVID-19 pandemic in the last four months of the year.

This was disclosed by a spokesperson Sindh Revenue Board, in a statement on Wednesday.

The collection of Rs.105.9 billion includes record receipts of Rs.100.3 billion of Sindh sales tax, representing a growth of 8 percent over the collection of Rs.93.1 billion during 2018-19. The collection of the Sindh Workers Welfare Fund has been up to Rs.5.6 billion.

The milestone that SRB has reached represents a consistency of achievements, it has built since the organization’s inception in 2011, courtesy the hard-work and steadfastness demonstrated by its workforce, in a work-culture dedicated to professional values.

The year 2019-20 had a particular significance arising from COVID-19.  The employees put in their best, working beyond the normal call of duty–despite the lockdown-six days-week in the face of difficult circumstances arising from the pandemic.

SRB team acknowledges the trust and cooperation of its taxpayers and the continuous support of the Government of Sindh without which the landmark performance of SRB would not have been possible.  SRB now eyes on an overall target of Rs.135 billion during 2020-21 with a year-on-year growth of 27.5 percent.

APP

 

Related News

Name Price/Vol %Chg/NChg
KSE100 169,864.53
309.70M
0.77%
1289.83
ALLSHR 102,725.13
871.92M
0.54%
553.85
KSE30 51,670.42
144.06M
0.97%
495.07
KMI30 244,230.82
127.19M
0.88%
2126.86
KMIALLSHR 67,141.83
400.81M
0.66%
438.06
BKTi 45,511.25
34.21M
0.74%
335.27
OGTi 33,787.05
15.45M
0.86%
288.90
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 88,335.00 88,715.00
87,745.00
-2105.00
-2.33%
BRENT CRUDE 61.27 61.34
61.07
0.15
0.25%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
1.00
1.11%
ROTTERDAM COAL MONTHLY 97.30 97.30
97.30
0.90
0.93%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 57.56 57.66
57.38
0.12
0.21%
SUGAR #11 WORLD 15.10 15.27
14.83
0.25
1.68%

Chart of the Day


Latest News
December 14, 2025 at 09:53 AM GMT+05:00

SBP revises Directors’ fee caps


December 14, 2025 at 09:21 AM GMT+05:00

Weekly Market Roundup


December 13, 2025 at 10:44 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


December 12, 2025 at 08:12 PM GMT+05:00

Appellate Court Grants Stay to TRG


December 12, 2025 at 05:12 PM GMT+05:00

SCRA ends week above Rs33bn



Top 5 things to watch in this week

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