CM directs SRB to bring insurances’ services to its net

CM directs  SRB to bring insurances’  services to its net
11-Jan-17
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KARACHI: Sindh Chief Minister Syed Murad Ali Shah has directed Sindh Revenue Board (SRB) to take necessary measures to bring in the services of insurances in sales tax net.

This he said while presiding over a meeting with Chairman SRB Mr Khalid Mahmood here at the CM House on Tuesday. Secretary Finance Secretary Hassan Naqvi was also present. The chief minister discussed various issues relating to Sindh Revenue Board and Sindh Sales Tax on Services, including the issues of sales tax on the services of life insurance, health insurance, restaurants, etc.

Appreciating the performance of Sindh Revenue Board, the chief minister emphasized the need of making relentless efforts to achieve the assigned target of Rs 78 billion for the current financial year. On this Chairman SRB Khalid Mahmood said that the SRB has surpassed its six months target by 21 percent.

The chief minister also making decisions on various administrative and technical issues concerning SRB with a view to making it more efficient and effective in the task of collection of sales tax on services. He directed Chairman SRB to maximize the collection of tax while, simultaneously, facilitating the taxpayers and simplifying the procedures. He directed Chairman SRB to make efforts to construct SRB office at a suitable location. "You must have a separate Office in your own building," he said.


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