New Budget will be innovative, people friendly: CM

KARACHI: Chief Minister Sindh Syed Qaim Ali said on Tuesday that he was hopeful and confidant that Sindh Revenue Board (SRB) would achieve it Rs 42 billion sales tax recovery target before end of running fiscal year as it had achieved the targets in last two years. Upcoming budget would be very innovative and people friendly.

Addressing SRB one-day Tax Forum held here at local hotel, Chief Minister said that since the inception of Pakistan, provinces had been demanding to get sale tax on services but finally this dream come into true when ex-president Asif Ali Zardari become helping hand for providing financial autonomy to the provinces.

He said that after 18th constitutional amendment subject of sale tax on services was clearly made as provincial subject but neither the federal government was willing to leave it, nor other three provinces willing to take it over because of their pretext of not having capacity to collect the same but Sindh was the only province which took the lead and determine to collect it on its own level.

He said that Sindh government established SRB in 2010 and in financial year 2011-2012 it collected Rs 25 billion sale tax against the target of Rs 18 billion. Similarly in 2012-13 it collected Rs 34 billion, Rs 2 billion more than the target.

Later, talking to media the chief minister said that Sindh Government was enjoying good relations with Federal Government and he was hopeful that Federal Government would provide due share to Sindh from the divisible pool.

Replying to a question regarding law and order situation, he said that law enforcing agencies were performing well and delivering good result. He said that the targeted operation was going in right direction and caused good impact on the people, however he said that still there was room of improvement.

The post New Budget will be innovative, people friendly: CM appeared first on Pakistan Press International.

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