SRB surpasses revenue target
KARACHI—After surpassing the revenue target of Rs61 billion, the Sindh Revenue Board (SRB) will now pursue Rs78 billion for the year 2016-17. This was stated by the spokesman of SRB in a statement issued recently. He announced that the SRB has achieved yet another milestone by collecting Sindh Sales Tax (SST) amounting of Rs6.403 billion only during the month of June 2016, which represents the highest ever amount of SST collected in any one month ever since SRB starte d collecting SST in July 2011.
The SRB spokesman informed it collected an amount of Rs61.453 billion during the year 2015-16 against its collection of Rs49.371 billion in 2014-15, representing a growth of 24.47 per cent. He said that SRB is the only tax administration, which has continuously achieved its assigned targets without any mid-year downward revision since 2011-12, the year it started collecting.