Sindh Surpasses Revenue Collection Target For FY2022-23

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2023-06-30T22:30:56+05:00 News Desk
The Sindh Revenue Board (SRB) achieved a "significant milestone" by surpassing its revenue collection target for the fiscal year (FY) 2022-23. According to SRB Assistant Commissioner (Revenue & Statistics) Pirah Ashfaque, this marks the second consecutive fiscal year in which SRB has outperformed its revenue target.

Moreover, SRB reported an unprecedented monthly revenue collection of Rs 24 billion in June 2023, representing the highest-ever revenue collected in a single month since SRB was authorised to do so 13 years ago.

During the fiscal year 2022-23, SRB recorded remarkable achievement by collecting revenue of Rs 185.3 billion against the assigned revenue target of Rs 180 billion. This represents a 21% increase as compared to the collection of Rs 153.5 billion in 2021-22.

According to Pirah Ashfaque, SRB exhibited "impressive performance despite the factors like continuing adverse effect of devastating floods in Sindh, economic slowdown and no new taxes due to Sindh tax-free budgets".

Ashfaque attributed the achievement of this milestone to the "relentless dedication and steadfastness of SRB's workforce".

The SRB has expressed its gratitude to the taxpayers for their trust and cooperation, as well as to the government of Sindh province for its "continuous support". SRB continues its mission of "generating revenue for the people," Ashfaque concluded.
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