During the last five months, Sindh has emerged as the top Province for Collecting most of the sales tax on services, hence becoming the Top Tax Collector in Pakistan. Yesterday Sindh Revenue Board reported a sudden increase of 13.3 per cent in revenue on annual basis. The revenue rose to Rs35.902 billion in the first five months of the fiscal year of 2018/19.
Sindh becomes the Top Tax Collector in Pakistan During FY-2018/19
Last year the Sindh Revenue Board had collected Rs31.694 billion between July-November of the last fiscal year. This year SRB has collected Rs7.986 billion in November which is a good number when compared to last year when it was Rs6.652 billion in the same month. So this shows a growth of 20.06 %. It is unexpected as the tax on prepaid and postpaid cards were suspended due to the order of the Supreme Court of Pakistan.
While announcing the achievement, SRB said that:
“The success in achieving the growth of 20.06 per cent in the revenue during November 2018 has been made possible because of the continued trust and cooperation of SRB taxpayers, the continuous support by the government of Sindh and the relentless efforts of the SRB employees”
While comparing it with Punjab Revenue Authority we can easily analyze that Sindh has won the game. PRA has collected Rs35bn in the first five months of the current fiscal year which has decreased from Rs43bn in the last year. Khyber Pakhtunkhwa tax authorities performed really bad when it comes to sales tax on services. The tax was reduced to Rs889 million during the July-November period from Rs980m in the same period last year. On the other hand, Balochistan sales tax collection data is not released yet.