SRB tax collection surges to Rs185.2 bln in FY2024

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

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

The Sindh Revenue Board (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, it said adding that the achievement signified a year-on-year growth of 29 percent.

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The CM said on the occasion 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 percent growth as compared to tax collection of Rs15.2 billion in April 2023, it said.

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