SRB showing over 16pc growth in Sept by collecting Rs10.429bn: CM Sindh
- According to the CM Sindh, the heavy rains in August 2020 severely compounded the woes of service sector business, already immensely hit by COVID-19.
KARACHI: Sindh Chief Minister Syed Murad Ali Shah Thursday said that during the month of September 2020, the Sindh Revenue Board (SRB) has collected revenue of Rs. 10.429 billion as compared to the collection of Rs. 8.961 billion in corresponding month of 2019 which shows a 16.38 percent growth.
In a statement issued here, the CM said that during the first quarter of 2020-21, the SRB collected Rs. 26.378 billion as compared to the collection of Rs. 22.899 billion during the first quarter of FY 2019-20.
“This is a growth of 15.19 percent quarter-on-quarter,” he said.
According to the CM Sindh, the heavy rains in August 2020 severely compounded the woes of service sector business, already immensely hit by COVID-19.
“Had that not been the case, the quarterly growth achieved by SRB would have been far better,” he said.
Syed Murad Ali Shah acknowledged the devotion and dedication of the SRB teamwork and also thanked the taxpayers for supporting and cooperating with the SRB.
“Sindh revenue board is focused on achieving the assigned revenue collection target of Rs. 135 billion for the Financial Year 2020-21, although it represents an ambitious growth of 27 percent as compared to the collection or Rs. 106 billion during the 2019-20,” he concluded.
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