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Sindh govt pursues progressive tax policy, maintains lowest tax rate: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday said the Sindh government pursued a progressive tax policy with low tax rate as its cardinal component. Consequently, no new tax was levied in the budget 2017-18, announced on June 5, 2017, maintaining the standard rate at 13 percent, the lowest in any tax domain in the country, he said while talking to Chairman Sindh Revenue Board (SRB) Khalid Mahmood who presented him SRB annual report-2016-17 here at the CM House. The chief minister said the revenue…