LAHORE: The Punjab Revenue Authority (PRA) has posted a strong rise in revenue collection, bringing in more than Rs. 33 billion in October, up from Rs. 26 billion in the same month of the last fiscal year. Overall, revenue collection in the current fiscal year is running 30 percent higher than in the corresponding period.
The figures were presented at a high-level meeting chaired by PRA Chairman Moazzam Iqbal Sipra to review monthly targets and performance. Participants examined sector-wise revenue targets, the number of registered taxpayers and businesses, and the performance of officers.
Sipra directed that tax collection records for 16 sectors be closely scrutinized, particularly data from the Electronic Invoice Monitoring System (EIMS) and payments made through banks. He said identifying those who manipulate tax returns, using digital monitoring tools, is essential to improving compliance and ensuring transparency.
He also instructed the Large Taxpayer Commissionerate to begin work immediately on setting up additional sectors to strengthen revenue monitoring and collection. In addition, he announced that enforcement operations against the issuance and use of fake receipts will be expanded across the province.
The chairman warned that misappropriating taxes paid by the public is a punishable offence under the law, and that strict action will be taken against those involved.
Copyright Business Recorder, 2026





















Comments