Karachi, February 11, 2026 – Port and terminal operators emerged as the largest contributors to sales tax on services in Sindh during fiscal year 2024-25, according to the annual performance report released by the Sindh Revenue Board (SRB).
The report highlights sustained growth across major service sectors, with the top 10 revenue-generating industries collectively contributing Rs. 155.6 billion, reflecting strong economic activity and improved tax compliance. Additionally, 27 other service sectors generated over Rs. 1 billion each, demonstrating a rapidly diversifying revenue base.
The Ports, Airports & Terminal Operators sector, taxed at 15%, remained the single largest contributor, generating Rs. 40.19 billion, a 19% increase from Rs. 33.67 billion recorded in FY 2023-24. Major contributors included Karachi Port Trust, Port Qasim Authority, SAPT, and KICT.
The Telecommunication sector retained second position, contributing Rs. 24.20 billion, up 13% year-on-year, supported by rising demand for broadband, data communication, and internet services. The Banking sector posted 27% growth, contributing Rs. 20.34 billion, while Franchise and Intellectual Property services recorded 20% growth, generating Rs. 17.53 billion.
Notably, the Funds and Asset Management sector entered the top ten for the first time, registering an impressive 162% growth, with collections rising to Rs. 5.76 billion. This growth was driven by macroeconomic stability, falling inflation, easing monetary policy, and a 50% surge in the KSE-100 index during FY25.
Other high-performing sectors included Insurance, Contract Execution, Software & IT Consultancy, Goods Transportation, and Technical & Engineering Consultancy, all posting strong double-digit growth, reinforcing Sindh’s expanding services economy.
Top 10 Revenue-Contributing Service Sectors in Sindh (FY 2024-25)
| S. No. | Major Service Sector | FY25 Revenue (Rs bn) | FY24 Revenue (Rs bn) | Growth |
| 1 | Port, Airport & Terminal Operators | 40.19 | 33.67 | 19% |
| 2 | Telecommunication | 24.20 | 21.49 | 13% |
| 3 | Banking | 20.34 | 15.96 | 27% |
| 4 | Franchise | 17.53 | 14.65 | 20% |
| 5 | Insurance | 14.56 | 11.34 | 29% |
| 6 | Contract Execution | 12.24 | 10.67 | 15% |
| 7 | Software & IT Consultation | 7.80 | 5.22 | 49% |
| 8 | Goods Transportation | 7.19 | 4.80 | 50% |
| 9 | Technical, Scientific & Engineering Consultation | 6.14 | 4.26 | 44% |
| 10 | Funds & Asset Management | 5.76 | 2.20 | 162% |