The Punjab Revenue Authority (PRA) surpassed all expectations by collecting a staggering Rs14.930 billion during March 2023, a 15.3% increase from last year’s revenue of Rs12.95 billion.
During the same period, PRA also collected Punjab Workers Welfare Fund (PWWF) worth Rs555 million, a staggering 207% growth compared to last year’s collection at Rs181 million.
During the first three quarters of the current financial year, PRA managed to collect 74% of its assigned target of Rs190 billion, collecting Rs140.79 billion and showing a revenue growth of 26.1%. Despite a ban on the release of funds for all development projects in Punjab, PRA has exceeded expectations and continued to exceed the assigned revenue collection targets for the past three years.
Published in The Express Tribune, April 14th, 2023.
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