SRB to collect Rs135bn this fiscal

KARACHI: Chairman Sindh Board of Revenue (SRB) Khalid Mehmood said achieving the target of Rs145 billion was not possible given the economic slowdown.
“SRB would collect approximately Rs135 billion this fiscal,” Mehmood said speaking at Karachi Chamber of Commerce and Industry (KCCI) on Tuesday.
He said reducing rate of provincial sales tax was not possible as it was already lowest among all provinces at 13 percent as against 15 percent in Punjab and 16 percent in KPK.
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