KARACHI: Sindh Revenue Board (SRB) has collected Rs26.38 billion in July – September of the current fiscal year as compared with Rs22.89 billion in the same period of the last fiscal year, showing a growth of 15.2 percent.
A statement on Thursday said that heavy rains in the month of August 2020 severely compounded the woes of service sector businesses, already immensely high by COVID-19. Had that not been the case, the quarterly growth achieved by the SRB would have been better, it added.
During the month of September 2020, SRB collected Rs10.43 billion as compared to the collection of Rs8.9 billion during September 2019, showing a growth of 16.4 percent.
The SRB said that it acknowledged the support of the provincial government and dedication of its officials for realizing the revenue growth during the month and on the quarterly basis.
The SRB is focusing to achieve the assigned revenue collection target of Rs135 billion during the current fiscal year, although, the target is ambitious with a growth of 27 percent as compared to the collection of Rs106 billion during the last fiscal year.