KARACHI: Sindh Revenue Board (SBP) has achieved the highest every monthly tax collection in December 2022 since its inception in 2011.
A statement issued on Monday, the SRB stated that during the month of December 2022, the provincial revenue authority made a record revenue collection of Rs17.6 billion as compared to Rs14.2 billion in same month last year, showing a growth of 24 per cent.
READ MORE: Taxpayers can file annual returns after due date to avoid harsh action
“The revenue collection during December 2022, is the highest ever collection in any month in the first half of the financial year, since SRB started collecting Sindh Sales Tax in 2011-2012.”
READ MORE: FBR achieves only 77pc of December tax target, blames import compression
During the first six months of the financial year 2022-2023, SRB collected Rs80.34 billion as compared to the collection of Rs65.50 billion during the first six months of the last financial year 2021-2022, thus posting a revenue growth of 23 per cent.
READ MORE: KTBA flays notices to taxpayers already audited
It said that the success in achieving the phenomenal revenue growth of 24 per cent during December 2022, can be attributed to the continued trust and cooperation of SRB taxpayers, the continuous support by the Sindh government and the relentless of the SRB officers and staff.
READ MORE: FBR notifies rules for subscribing Pakistan Single Window system