Karachi (HRNW) The Sindh Revenue Board (SRB) collected a record tax of Rs153 billion in the fiscal year 2021-22, the Cheif Minister Sindh told.
According to details, CM Sindh has appreciated the Sindh Revenue Board’s (SRB) performance as it collected a record Rs153.5 billion in tax in the FY 2021-22.
The tax collection target for 2021-22 was Rs150 billion. The SRB has exceeded the tax collection target by Rs3.5 billion, the CM told.
The CM added that a total of Rs8.2 billion were under the Workers Welfare Fund.
The Federal Board of Revenu had also exceeded its tax collection target for FY 2021-22. It collected a tax of Rs 6 trillion in the fiscal year 2021-22, exceeding the target of Rs5.8 trillion for 2021-22.
Rs2.2 trillion was collected in income tax, while an amount of Rs2.7 trillion was collected as sales tax in 2021-22.
FBR spokesperson told that a total of Rs1,007 billion were collected in customs duty in 2021-22. While the FBR issued an amount of Rs305 billion in refunds.