Tag: Sindh Revenue Board

Karachi, January 29, 2024 – The Sindh Revenue Board (SRB) has issued the prevailing sales tax rates on property transfer services for the tax year 2024, as outlined in the updated Sindh Sales Tax on Services Act, 2011.

Karachi, January 18, 2024 – The Sindh Revenue Board (SRB) has taken a significant step in providing clarity to businesses and consumers by releasing the sales tax rates for services offered by hotels, restaurants, and similar establishments for the tax year 2024.

Karachi, January 4, 2024 – The Sindh Revenue Board (SRB) has recently issued updated guidelines to banks concerning the payment of sales tax on services in the province.

Karachi, January 2, 2024 – The Sindh Revenue Board (SRB) has sealed branches of a prominent fitness gym, Shadow Fitness Gym, for violating the Sindh Sales Tax on Services Act, 2011.

Karachi, January 1, 2024 – The Sindh Revenue Board (SRB) has reported an extraordinary 35 percent growth in revenue collection for the first half (July – December) of the fiscal year 2023-24, marking a significant milestone in the province’s fiscal performance.

Karachi, December 30, 2023 – In a significant move, the Sindh Revenue Board (SRB) has introduced a comprehensive procedure for making changes to the Computerized Payment Receipt (CPR).

Karachi, December 18, 2023 – The Sindh government has formally invited tax proposals for the upcoming budget for the fiscal year 2024-25. The call for proposals comes from the Sindh Revenue Board (SRB), the provincial tax agency, which has set a deadline of January 29, 2024, for submissions.

Karachi, November 23, 2023 – The Sindh Revenue Board (SRB) sealed two branches of the renowned M/s. Red Apple restaurant on Thursday for non-compliance with the mandatory requirement of point-of-sale (POS) integration.