Sindh’s tax collection has risen by 37%, achieving over half of the annual target with Rs312 billion collected in just eight months of the financial year 2024 – 2025.
Sindh Chief Minister Syed Murad Ali Shah recently chaired an important meeting at the Chief Minister’s House to assess the province’s tax collection performance for the mid-year. Key officials in attendance included Mukesh Kumar Chawla, the Minister of Excise and Taxation; Agha Wasif, the Principal Secretary to the Chief Minister; Baqaullah Unar, the Senior Member of the Board of Revenue; Fayaz Jatoi, the Secretary of Finance; and Saleem Rajput, the Secretary of Excise.
In the meeting, it was announced that the provincial government agencies of Sindh have significantly improved their tax collection performance compared to last year. With a target of Rs618,966 million set for the fiscal year 2024-25, these agencies collected Rs312,000 million during the first eight months, up to February 2025. This collection shows a substantial growth of 37% compared to the previous year and has reached 50.41% of the set target.
Detailed Breakdown and Analysis
Initially, the province’s tax collecting agencies were projected to gather Rs412,644 million by the end of February 2025. Despite falling short of this projection, the actual collection of Rs312,000 million underscores the region’s resilient and growing fiscal capacity. This performance highlights the effective strategies the tax agencies employ and sets a promising trajectory for meeting the full-year fiscal goals.
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The mid-year tax collection review underscores Sindh’s robust economic management and points to a potentially strong fiscal finish for 2024-25. With continued efforts and strategic adjustments, the province is well-positioned to meet, if not exceed, its annual financial targets.
