LAHORE: The Punjab Revenue Authority collected the record high revenue in the first 10 months of the fiscal year of 2016-17 from telecommunications and 61 other sectors, especially from restaurant and fashion industries.
According to sources of Customs Today, the Punjab Revenue Authority has marked a new high figure in recoveries from different sectors with an amount of Rs64billion. This amount is 34 percent more than the amount of the same period of the fiscal year of 2015 16.
The authority has also recovered a huge amount of taxes in 10 months against their annual target of Rs84billion for the fiscal year of 2016 17.
Chairman Raheel Sadiqui congratulated the officers and staff of the Punjab Revenue Authority (PRA) on setting a new record of revenue collection.
On contacting the PRA chairman office, Customs Today was informed that this is the highest collection ever recorded by any tax collection agency at sub-national level in a period of 10 months.
