Sindh revenue collection has reached Rs312 billion in the first eight months of the fiscal year 2024-25, reflecting a 37% increase compared to last year, according to a mid-year tax review chaired by Chief Minister Syed Murad Ali Shah. Despite falling short of the Rs412.6 billion eight-month target, the province has achieved 50.41% of its annual goal of Rs618.9 billion.
The meeting, held at CM House, was attended by key officials, including Minister for Excise & Taxation Mukesh Kumar Chawla, Secretary Finance Fayaz Jatoi, and senior officers from tax collection agencies.
Breakdown of Revenue Collection
- Excise & Taxation Department: The Excise & Taxation Department, responsible for collecting six different taxes, recorded Rs175.5 billion against a target of Rs152.4 billion (March 2025), achieving 86% of its annual goal of Rs203.2 billion.
- Infrastructure Cess: Rs154.6 billion collected (91% of the Rs170.1 billion target)
- Motor Vehicle Tax (MVT): Rs12.5 billion (78% of Rs15.9 billion target)
- Excise Enactment (EE): Rs6.5 billion (47% of Rs13.9 billion target)
- Professional Tax: Rs1.6 billion (62% of Rs2.6 billion target)
- Cotton Fee: Rs93 million (25% of Rs377 million target)
- Entertainment Duty: Rs77 million (51% of Rs150 million target)
Sindh Revenue Board (SRB)
The Sindh Revenue Board (SRB) set a target of Rs350 billion for 2024-25. By March 25, it had collected Rs204.6 billion in Sindh Sales Tax (SST), reflecting a 26% increase compared to last year’s Rs162.3 billion collection.
Board of Revenue (BoR)
The Board of Revenue, tasked with collecting taxes on agricultural income, property transfers, land revenue, capital value tax, and stamp duties, reported Rs17.4 billion in revenue so far, marking a 38.96% increase from last year’s Rs12.5 billion.
Chief Minister Murad Ali Shah acknowledged the improved tax collection, attributing it to better enforcement and administration. He emphasized the need for further efforts in the last quarter to meet the annual revenue target, ensuring continued economic stability for the province.
