Sindh Revenue Board posts historic 20% annual growth as June collections hit an all-time monthly high of Rs45 billion
KARACHI: The Sindh Revenue Board (SRB) has achieved its highest-ever annual tax collection, generating a record Rs370.06 billion during fiscal year 2025-26, reflecting robust growth in provincial revenues despite economic challenges and regional uncertainties.
The record-breaking performance marks the highest annual collection since the SRB’s establishment and underscores the effectiveness of the Board’s tax administration reforms, expanded tax base and enhanced compliance measures.
According to official figures, the SRB collected Rs370.06 billion during FY2025-26, compared with Rs307.93 billion in the previous fiscal year, registering an impressive 20.17% year-on-year growth.
Sindh Sales Tax remains key revenue driver
Sindh Sales Tax (SST) remained the principal source of revenue, contributing Rs344.60 billion, up from Rs284.38 billion in FY2024-25, representing an increase of 21.2%.
The growth reflects the continued expansion of the province’s services sector, coupled with the SRB’s intensified enforcement initiatives, improved taxpayer compliance and greater adoption of digital tax administration.
Collections under the Sindh Workers’ Welfare Fund (SWWF) and the Sindh Companies Profit Workers’ Participation Fund (SWPF) also recorded healthy growth, increasing to Rs24.44 billion from Rs22.25 billion a year earlier, an increase of around 10%.
Meanwhile, the Agricultural Income Tax (AIT), which came under the SRB’s administration during the fiscal year, generated more than Rs1 billion, marking an important milestone in broadening the provincial revenue base.
June delivers highest monthly collection
The SRB concluded the fiscal year on a strong note by collecting Rs45.08 billion in June 2026, the highest monthly revenue collection in its history.
The June collection represented a 28.3% increase over Rs35.15 billion collected in May 2026, highlighting strong year-end compliance by taxpayers and effective revenue mobilisation efforts.
Officials described the June performance as evidence of sustained administrative improvements and efficient tax collection despite a challenging business environment.
Strong performance despite economic headwinds
The Board noted that the historic revenue collection was achieved despite slower economic growth and disruptions caused by regional geopolitical developments during the latter half of the fiscal year.
According to the SRB, the achievement reflects the commitment of its officers and staff, continued support from the Government of Sindh and the cooperation of taxpayers in strengthening provincial finances.
Focus on sustained growth
Encouraged by the record performance, the SRB has pledged to maintain its growth momentum during fiscal year 2026-27 by further expanding the tax base, promoting voluntary compliance and accelerating the digital transformation of tax administration.
Revenue analysts believe the latest figures reinforce the SRB’s position as one of Pakistan’s best-performing tax authorities, demonstrating that technology-driven reforms, stronger enforcement and taxpayer facilitation can deliver sustained revenue growth even amid difficult economic conditions.
