Our Correspondent
LAHORE: The Punjab Revenue Authority (PRA) has launched an initiative to bring unregistered architect firms in Lahore into the tax net.
Following directives from PRA Commissioner Misbah Nawaz, meetings with representatives of these firms have begun.
Enforcement officers, in collaboration with the Institute of Architects Pakistan, held a Zoom meeting attended by Chairman of the Board of Architect Education Umar Saeed and other executive members.
Approximately 40 architects participated in the session.
During the meeting, detailed information was provided about responsibilities under service tax laws. Additionally, guidance was offered to unregistered architects on the registration process and timely submission of tax returns.
Meanwhile, The PRA Lahore office has devised a new plan to monitor public sector withholding agents, whereby enforcement teams have been assigned various tasks to enhance monitoring of the withholding agents.
Sources indicate that these teams will oversee the offices of the Punjab government and federal offices located in the Lahore division.
The teams have been tasked to ensure the payment of Punjab Sales Tax on major ongoing development projects.
The teams are also responsible for ensuring tax collection and providing awareness about withholding rules and Punjab Sales Tax on Services.
PRA Lahore office has assigned approximately 20 officers to monitor over 170 major development projects in the Lahore division. Instructions have been issued to ensure timely tax payments.
