PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has recorded a whopping 580 percent growth in the Infrastructure Development Cess (IDC) collection in the current fiscal year.
The KPRA has collected over Rs 1330 million in Infrastructure Development Cess from July 1, 2020 until June 19, 2021 compared to the last year’s Rs 194 million collection. The figures show that the KPRA has increased its IDC collected by almost six times in the current fiscal year, according to a press release issued here on Tuesday.
According to KPRA, the KP government has tasked the Authority to generate Rs 1350 million from the IDC in the ongoing fiscal year and the KPRA has successfully collected over Rs 1330 million till June 19, 2021. Officials of KPRA are sure that they will easily achieve the target given for the IDC collection and will even surpass the targeted amount by June 30 - the end of the current fiscal year.
KPRA has collected the IDC at Torkham border, Ghulam Khan, Kharlachi and Angoor Ada through Pakistan Customs at their borders’ checkpoints from the vehicles entering Khyber Pakhtunkhwa. The major chunk of the IDC is collected at the Torkham border because of the volume of the traffic utilizing the route.
Copyright Business Recorder, 2021
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