BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully collected Rs 51.56 billion against the target of Rs. 47 billion assigned to it by the provincial government for the financial year 2024-25.

Despite the overall economic situation, the Authority has shown a growth of 37% in the fiscal year 2024-25 as compared to the collection of the financial year 2023-24, according to an official statement here on Tuesday.

As per the details shared by the KPRA media wing, the Authority has collected Rs40.3 billion from the sales tax on services, and Rs11.26 billion from the Infrastructure Development Cess (IDC). The Authority worked on broadening its tax net and took its registered taxpayers’ count to more than 25,100 by the end of this year, which also played a key role in the revenue collection growth.

Director General KPRA, Fouzia Iqbal, appreciated the efforts and dedication of the KPRA staff in achieving the revenue targets set for the financial year 2024-25. She expressed gratitude to the Chief Minister Khyber Pakhtunkhwa, Ali Amin Gandapur, and Advisor to CM on Finance, Muzzammil Aslam, for their continued guidance and support which played a vital role in KPRA’s success. She extended her heartfelt appreciation to the taxpayers of KPRA for their consistent trust and cooperation. “Our taxpayers are the cornerstone of our revenue system. Their compliance and commitment have made this unprecedented achievement possible,” she said.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.