SBR To Bring Insurances Services To Its Net: CM Sindh

SBR to bring insurances services to its net: CM Sindh

KARACHI, (Pakistan Point News - APP - 10th Jan, 2017 ) : Sindh Chief Minister Syed Murad Ali Shah has directed Sindh board of Revenue (SBR) 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 SBR Khalid Mahmood here at the CM House on Tuesday. Secretary Finance Secretary Hassan Naqvi was also present, said a statement. The CM Sindh 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 CM Sindh emphasized the need of making relentless efforts to achieve the assigned target of Rs 78 billion for the current financial year. On this Khalid Mahmood said that the SBR has surpassed its six months target by 21 percent. The CM Sindh is also taking decisions on various administrative and technical issues concerning SBR with a view to make it more efficient and effective in the task of collection of sales tax on services. He directed Chairman SBR to maximize the collection of tax while, simultaneously, facilitating the taxpayers and simplifying the procedures. He directed Chairman SBR to make efforts to construct SBR office at a suitable location. "You must have a separate Office in your own building," he said.