PRA registers 33% growth in Oct

LAHORE: The Punjab Revenue Authority (PRA) surpassed its monthly tax collection target as it received Rs14.548 billion in October 2022, registering a growth of 33% over collection of Rs10.966 billion in the same month of last year. According to a spokesperson for the PRA, in the first four months of current financial year, the authority collected Rs57.447 billion, which was 32% higher than the receipts of Rs43.672 billion in the corresponding period of previous year. “PRA has already achieved 30% of the assigned target of Rs190 billion for financial year 2022-23, which is the best ever,” said the spokesperson. The figures proved that PRA’s policy of taxpayer facilitation and resolution of issues through stakeholder involvement had been a success, the spokesperson stressed.-Agencies