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Reading: Sindh’s revenue grows by a brisk 14pc
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PhotoNews Pakistan > Business > Sindh’s revenue grows by a brisk 14pc
Business

Sindh’s revenue grows by a brisk 14pc

Web Desk
By Web Desk Published April 25, 2014 1 Min Read
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The Sindh Revenue Board (SRB) during the first nine months of current fiscal year recorded a growth of 14 percent in revenue collection at Rs27.127 billion over the corresponding period of last fiscal year when collection stood at Rs24.410bn.

Under the 18th amendment, sales tax on services became a provincial subject, and the province took a lead in collection of sales tax on services and started collecting revenue from fiscal year 2011-12 through SRB.

Official sources disclosed on Thursday that if sales tax on services collected up to April 20 is added, it would take the amount to Rs30.151bn or 25 per cent higher over the corresponding period of last fiscal year.

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