Pakistan Revenue
KARACHI: Sindh government has allowed whole of sales tax on services provided or rendered for flood relief operations. In this regard, Sindh Revenue Board (SRB) issued a notification dated September 13, 2022, stated that the government of Sindh exempted the whole of sales tax payable on such taxable services as are certified by the National […]
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KARACHI: Dr. Wasif Ali Memon, Chairman, Sindh Revenue Board (SRB) has said that as the Sindh Government has drastically reduced Sindh Sales Tax on IT, Software Businesses and Call Centers from 13 percent to just 3 percent, all relevant businesses which moved to other provinces, should come back to Karachi where they will enjoy the […]
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KARACHI: The Sindh Revenue Board (SRB) has extended the date for e-filing (electronic filing) of sales tax return and payment of sales tax on services for the month of June 2022. The provincial revenue authority on Monday issued a circular for extension in the last date for e-deposit of Sindh Sales Tax for the tax […]
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KARACHI: The Sindh Revenue Board (SRB) has collected Rs153.5 billion tax for the fiscal year 2021-22. The growth of collection stands at 20% from the last year’s collection of Rs128.1 billion. SRB collected the excess amount of Rs3.5 billion as the assigned target was collection of Rs150 billion READ MORE: SRB collects Rs132 billion as […]
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KARACHI: Sindh Revenue Board (SRB) on Tuesday said it integrated around 56 restaurants through installation of Point of Sales (POS) for online monitoring of sales tax on services. The SRB issued a statement regarding distribution of certificate of appreciation to SRB POS integrated persons by its chairman. READ MORE: SRB collects Rs132 billion as services […]
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KARACHI: The collection of sales tax on services by Sindh Revenue Board (SRB) has increased by 21 per cent to Rs132 billion during first 11 months (July – May) 2021/2022. According to official data released on Wednesday, the SRB collected Rs132 billion during first eleven months of the current fiscal year as compared with Rs109 […]
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KARACHI: Sindh Revenue Board (SRB) on Wednesday extended the last date for making deposit and filing monthly sales tax return for January 2022. The SRB issued Circular No. 02/2022 for extension in the last date for e-deposit of Sindh sales tax for the tax period January 2022 and for e-filing of tax return for the […]
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KARACHI: The Sindh government has barred the officials of provincial tax authorities from freezing bank accounts for making tax recovery without approval.
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KARACHI: The Sindh Revenue Board (SRB) has implemented online verification system for invoices issued by utility companies. The SRB in a communication issued on Monday stated that STRIVe (Sales Tax Real-time Invoice Verification) System has been implemented for Sindh Sales Tax return filing since July, 2019. READ MORE: KTBA identifies anomaly in SRB’s appellate system […]
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Karachi Tax Bar Association (KTBA) has identified a sheer violation of the constitution by the Sindh Revenue Board (SRB) regarding appointments in appellate system. KTBA President Muhammad Zeeshan Merchant in a letter to SRB Chairman Wasif Ali Memon pointed out the irregularities in appointments of provincial tax officials in first appellate forum available to taxpayers […]
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