PRA collects 19pc more revenue than last year

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Staff Reporter

The Punjab Revenue Authority (PRA) has collected Rs10.3 billion during August 2021, against Rs8.7 billion in August 2020, taking the total collection for the first two months of the financial year to Rs20.8 billion, which is 19% more than the 17.5 billion collected during the same period last year.

According to provisional figures, this is the highest ever collection for the month of August by PRA and augurs well for the chances of the Authority of achieving its assigned revenue target of Rs155.9 billion for 2021-22.

PRA succeeded in surpassing its revenue targets for 2019-20 and 2020-21 and is on track for completing a hat-trick of achieving its targets, an unprecedented feat for any revenue authority of the country.

The PRA spokesperson said that the authority intends to continue the policy of the Government of collaboration with stakeholders, avoidance of coercive measures and creating an atmosphere of facilitation, treating taxpayers as partners of the Government.

 

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