Punjab revenue collection rises 37%

LAHORE:

The Punjab Revenue Authority (PRA) collected taxes worth Rs14.37 billion during July 2022, which was 37.1% higher than the collection of Rs10.48 billion in the same period of last year.

During fiscal year 2021-22, the PRA had exceeded the assigned target by recording tax receipts of over Rs170 billion.

“The growth in revenue collection reflects a promising start of the current financial year and the authority is optimistic about successfully achieving its assigned target of Rs190 billion for the year,” a PRA spokesperson stated during a media briefing.

Published in The Express Tribune, August 13^th, 2022.

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