The Sindh government has rolled out new tax measures for the fiscal year 2024-25, targeting an additional revenue of Rs76 billion.
The measures are designed to enhance the Sindh Revenue Board’s collection across various sectors, including education, healthcare, insurance, and fuel distribution.
Key points of the new tax regime include:
Air Travel: A tax of Rs50 on domestic flights and Rs400 on international flights.
Property: New taxes on shops, apartments, and land deals. Businesses forming partnerships will incur a Rs5,000 tax.
Vehicles: Owners of cars and jeeps with engines over 3000cc will pay Rs350,000, while locally made vehicles with 2000cc engines will face a Rs5,000 tax.
Petrol Pumps and CNG Stations: An annual tax of Rs20,000, also applicable to farmhouses, private hospitals, clinics, guest houses, and event halls.
Educational Institutions: Schools with annual fees over Rs500,000, as well as veterinary hospitals and gaming centers, will be taxed.
These measures are aimed at broadening the tax base, ensuring fiscal stability, and funding development projects within the province.