LAHORE: Punjab Revenue Authority (PRA) collected Rs14.37 billion during the month of July 2022, which is 37.1 percent higher than the Rs.10.48 billion collected during the same period last year.
During the FY 2021-22, PRA exceeded its assigned target by collecting over Rs.170 billion. “The growth in revenue reflects a promising start of the current financial year and the Authority is optimistic about successfully achieving its assigned target of Rs.190 billion for the current financial year”, PRA Spokesperson in a media briefing.
PRA attributed this growth in collection to focused efforts of PRA officers and the vision of Government of Punjab for providing right direction resulting in desired and favorable results.
It is pertinent to mention that PRA has been exceeding the assigned revenue collection targets for over the past three years while adopting the taxpayer friendly voluntary compliance model which is a great achievement in Pakistan’s scenario having undocumented economy.