Punjab collects Rs66.4b revenue in Q1

LAHORE:

The Punjab Revenue Authority (PRA) has recorded an impressive performance by collecting Rs66.41 billion in taxes during the first quarter of the current fiscal year 2025-26, reflecting a 28% increase compared to the collection of Rs51.98 billion in the same period of last year.

Additionally, Rs1.7 billion was collected under the Punjab Infrastructure Development Cess. "This significant growth has been achieved without the introduction of any new taxes or increase in tax rates during the current fiscal year," the PRA said in a statement on Thursday.

The revenue authority has also launched a comprehensive crackdown on unregistered service providers to expand the tax net. Enforcement teams have been mobilised to identify unregistered businesses, conduct field surveys and issue immediate notices.