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PRA to bring 40 more restaurants in Lahore in tax net

byM. Imran Mehar
22/04/2017
in Lahore, Latest News
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LAHORE: The Punjab Revenue Authority (PRA) has decided to broaden its network in Lahore and has shortlisted 40 more restaurants to bring them into network in coming days.

Sources told Customs Today that PRA has checked almost 40 restaurants in posh areas of the city which are providing expensive food to citizens and they are earning millions of rupees but are not registered for sales tax. These restaurants will increase the revenue of the authority in coming days as it has already increased in the past two years.

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It is pertinent to mention here that PRA has increased its revenues up to 35 percent in first eight months of the fiscal year  2016-17 as compared to the last year.

Restaurant invoice monitoring system will be installed in all restaurants that are providing services in posh areas of Lahore Faisalabad and other big cities of the province.

Meanwhile PRA has also decided to start crackdown against restaurants that are failed to submit their taxes despite receiving notices. PRA has sealed many restaurants as well in recent times.

 

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