Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Sindh partners with banks to digitise property transfer tax collection

byCT Report
23/04/2026
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

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.

You might also like

ICCI President urges Prime Minister to revisit early market closure policy

23/04/2026

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

23/04/2026

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.

Related Stories

ICCI President urges Prime Minister to revisit early market closure policy

byCT Report
23/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has urged Prime Minister Shehbaz Sharif to rationalize...

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

byCT Report
23/04/2026

KARACHI: Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State...

Two IPOs approved for listing at PSX despite regional tensions

byCT Report
23/04/2026

KARACHI: The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings for listing at the Pakistan...

KPRA distributes prizes of lucky draw of consumer rewards scheme

byCT Report
23/04/2026

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) held prize distribution ceremony for its first lucky draw of consumer reward scheme to...

Next Post

Lahore Enforcement seizes goods worth Rs13.02b in 269 anti-smuggling operations

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.