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Tag: SRB

Sindh Revenue Board

SRB Achieves Impressive 34% Collection Growth in 7MFY24

February 1, 2024May 20, 2026Shahnawaz Akhter

Karachi, February 1, 2024 – The Sindh Revenue Board (SRB) has reported a remarkable 34 percent growth in the collection of sales tax on services during the initial seven months (July – January) of the fiscal year 2023-24.

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Sindh Revenue Board

Renowned Restaurant Sealed by SRB Over Unpaid Sales Tax

January 31, 2024January 31, 2024Shahnawaz Akhter

Karachi, January 31, 2024 – In a stern move against non-compliant taxpayers, the Sindh Revenue Board (SRB) sealed the premises of the renowned Voco Café & Restaurant located at Block-4, Clifton, Karachi on Wednesday.

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Sindh Revenue Board

Tax Rates on Property Transfer Services in Sindh for 2024

January 29, 2024January 29, 2024Faisal Shahnawaz

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.

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Sindh Revenue Board

Sindh Sales Tax Rates on Shipping Services in 2024

January 26, 2024January 26, 2024Shahnawaz Akhter

Karachi, January 26, 2024 – The Sindh Revenue Board (SRB) has recently released the updated sales tax rates on services provided or rendered by shipping agents in the province of Sindh for the tax year 2024.

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Sindh Revenue Board

SRB Unveils Sales Tax Rates for Hotel Services in 2024

January 18, 2024January 18, 2024Shahnawaz Akhter

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.

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Sindh Revenue Board

Sindh Announces Sales Tax Rates on Telecom Services for 2024

January 17, 2024January 17, 2024Hamza Shahnawaz

Karachi, January 17, 2024 – The Sindh government has released the sales tax rates on telecom services for the tax year 2024, applicable across the province.

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Sindh Revenue Board

SRB Issues Fresh Guidelines to Banks on Sales Tax Payment

January 4, 2024January 4, 2024Shahnawaz Akhter

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.

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Sindh Revenue Board

Sindh Seals Branches of Fitness Gym for Tax Violation

January 2, 2024January 2, 2024Shahnawaz Akhter

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.

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Sindh Revenue Board

SRB Achieves Remarkable 35% Growth in Half-Year Collection

January 1, 2024January 1, 2024Shahnawaz Akhter

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.

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Sindh Revenue Board

Sindh Revenue Board Unveils Process for CPR Modifications

December 30, 2023December 30, 2023Shahnawaz Akhter

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).

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