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Home Breaking News

Sindh partners with banks to digitise property transfer tax collection

byCT Report
23/04/2026
in Breaking News, Karachi, Latest News
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KARACHI: The Sindh government has entered into agreements with major financial institutions to digitise the collection of property transfer taxes, aiming to enhance transparency, efficiency, and revenue management across the province.

The initiative is a joint effort involving the Sindh Local Government Department, Sindh Information Technology Department, and the Board of Revenue Sindh, in collaboration with Sindh Bank, National Bank of Pakistan, and Bank of Punjab.

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Speaking at the signing ceremony in Karachi, Sindh Minister for Local Government Syed Nasir Hussain Shah said the initiative will streamline property transactions by integrating tax collection with the Board of Revenue’s digital platform. He noted that the reform is expected to make the system faster, more transparent, and easier for citizens.

Under the new framework, property-related taxes—including stamp duty and other levies—will be collected directly through banking channels, reducing dependence on intermediaries and minimizing the risk of irregularities in manual processes.

Officials said the digital platform will link local government bodies, revenue authorities, and partner banks, enabling real-time payment processing and verification. This integration is expected to improve efficiency, strengthen accountability, and enhance revenue flows for local councils.

The move is part of Sindh’s broader strategy to modernize public services and expand digital governance. Authorities indicated that implementation will begin in the coming months following completion of technical integration and system testing.

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