Tag: SRB

Karachi, July 22, 2024 – The Sindh Revenue Board (SRB) has announced new sales tax rates for advertisement services for the tax year 2024-25. The rates were issued following amendments made through the provincial Finance Act, 2024.

Karachi, July 20, 2024 – The Sindh government has imposed a 15 percent sales tax on services rendered by restaurants across the province. The Sindh Revenue Board (SRB) announced the new working tariff for the tax year 2024-25, reflecting amendments introduced through the provincial finance act of 2024.

Karachi, July 20, 2024 – The Sindh Revenue Board (SRB) has officially notified the sales tax rates applicable to services provided by marriage halls and lawns for the tax year 2024-25.

Karachi, July 3, 2024 – The Sindh Revenue Board (SRB) has implemented a reduced rate of 3% sales tax on services provided by hospitals for rooms and beds, effective from July 1, 2024.

Karachi, July 2, 2024 – The Sindh government has officially increased the standard rate of sales tax on services from 13% to 15%, effective from July 1, 2024. This change, outlined in the provincial budget for 2024-25, marks a significant adjustment in the province’s tax regime.

Karachi, June 30, 2024 – The Sindh Revenue Board (SRB) has achieved a remarkable feat by surpassing its revenue collection target for the fiscal year 2023-24, demonstrating a significant 28% growth in tax collection compared to the previous fiscal year.

Karachi, June 15, 2024 – The Sindh Revenue Board (SRB) has announced an extension for the filing of sales tax returns for the month of May 2024.

Karachi, April 25, 2024 – The Sindh Revenue Board (SRB) has taken decisive action against tax evasion by sealing a prominent restaurant and an event management company in Karachi for violations of the Sindh Sales Tax on Services Act, 2011.