The Sindh Revenue Board (SRB) collected the highest annual revenue in its history at the end of the fiscal year 2025-26, collecting Rs 370.064 billion, which is more than the set target. This achievement is being attributed to the improvement in the tax collection system in the province and strong revenue from the services sector.
According to official data, the revenue board’s overall revenue increased by more than 20 percent compared to the previous fiscal year. Last year, Rs 307.930 billion was collected, while this time the revenue exceeded Rs 370 billion, which saw a significant increase in provincial revenues.
The data shows that Sindh Sales Tax on Services (SST) continued to be the most important source of revenue for the Revenue Board. The collections in this regard reached Rs 344.602 billion, reflecting an increase of more than 21 percent over the previous fiscal year.
An increase in revenue was also recorded in the Workers Welfare Fund and the funds related to workers’ participation in the profits of companies. The total collections from these two sectors remained at Rs 24.435 billion, indicating better performance than the previous year.
On the other hand, the collections from agricultural income tax remained at more than Rs 1 billion, however, it was significantly lower than the annual target. According to experts, effective implementation and expansion of the tax net will be indispensable for achieving full efficiency in the agricultural tax system.
Chairman Sindh Revenue Board Wasif Ali Memon said that June 2026 proved to be a historic month for the institution, as a record collection of Rs 45.08 billion was made in this month alone. According to him, this is the highest revenue in any single month since the establishment of the institution.
He attributed this success to the trust of the institution’s staff, taxpayers and the support of the Sindh government, saying that in the coming fiscal year, the digital tax system will be further expanded, voluntary tax payment will be promoted and efforts to include new taxpayers in the net will be intensified.
This development has come at a time when the federal government is urging the provinces to increase revenues in the agricultural, property and services sectors so that along with achieving national fiscal targets, the commitments made to international financial institutions can also be fulfilled. In this context, the Sindh government had also issued instructions to the relevant institutions before the start of the new fiscal year to make the collection system more effective.