The Punjab Revenue Authority (PRA) has collected an unprecedented revenue of Rs9.4 billion in October 2020. It needs to underscore here that revenue collection during the same month in 2019 was Rs7.6 billion. Thus there is an increase of 24% as compared to the corresponding year. The PRA said that during July-Oct this year, the authority witnessed a revenue collection of Rs35.46 billion, showing a growth of 9.74% over the same period last year which stood at Rs32.29 Billion.
It is important to mention that this continued growth in revenue collection in the current year has been achieved amidst negative impact of Covid-19 on the economy. The PRA has achieved this by creating awareness and ensuring compliance through taxpayer involvement and education. PRA has not taken any drastic coercive measures i.e. attaching of bank accounts etc during this period.
