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Punjab Revenue Authority collects Rs 23.7 in April

2 years ago
in Business
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By Commerce Reporter

LAHORE: The Punjab Revenue Authority (PRA) has demonstrated outstanding performance by collecting a record Rs. 23.7 billion during the month of April, marking a 26% increase compared to April last year. From July to April of the current fiscal year, PRA has collected a total of Rs. 214 billion in tax revenues—16% higher than the corresponding period last year.

Read also: PRA launches crackdown to ensure Tax Compliance and e-IMS Installation

Within this period, Rs. 199.6 billion has been collected specifically under Punjab Sales Tax, reflecting a 14% year-on-year growth. Additionally, PRA has collected Rs. 5.1 billion in revenue from the Punjab Infrastructure Development Cess (PIDC), registering a 23% growth, while Rs. 9.1 billion has been collected under the Punjab Workers Welfare Fund—showing an impressive 43% increase. Remarkably, these gains have been achieved without introducing any new taxes or increasing tax rate Sab . According to the PRA spokesperson, this strong performance is the result of strategic outreach through workshops, expansion of the tax net, and the effective use of modern IT systems. With these robust measures in place, PRA remains confident that it will meet or surpass the annual revenue target for the current fiscal year.

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