AIRLINK 170.57 Decreased By ▼ -2.58 (-1.49%)
BOP 11.18 Increased By ▲ 0.53 (4.98%)
CNERGY 8.41 Decreased By ▼ -0.11 (-1.29%)
CPHL 99.73 Increased By ▲ 2.27 (2.33%)
FCCL 46.60 Decreased By ▼ -0.65 (-1.38%)
FFL 15.15 Decreased By ▼ -0.27 (-1.75%)
FLYNG 27.55 Decreased By ▼ -0.58 (-2.06%)
HUBC 137.78 Decreased By ▼ -1.13 (-0.81%)
HUMNL 12.92 Increased By ▲ 0.11 (0.86%)
KEL 4.54 No Change ▼ 0.00 (0%)
KOSM 5.36 Decreased By ▼ -0.19 (-3.42%)
MLCF 62.40 Increased By ▲ 0.14 (0.22%)
OGDC 212.16 Decreased By ▼ -2.59 (-1.21%)
PACE 5.42 Decreased By ▼ -0.13 (-2.34%)
PAEL 47.18 Increased By ▲ 2.32 (5.17%)
PIAHCLA 18.48 Decreased By ▼ -0.22 (-1.18%)
PIBTL 10.36 Decreased By ▼ -0.38 (-3.54%)
POWER 12.33 Increased By ▲ 0.07 (0.57%)
PPL 169.60 Decreased By ▼ -4.27 (-2.46%)
PRL 35.85 Decreased By ▼ -0.37 (-1.02%)
PTC 23.09 Decreased By ▼ -0.47 (-1.99%)
SEARL 96.26 Increased By ▲ 0.95 (1%)
SSGC 39.52 Increased By ▲ 0.39 (1%)
SYM 13.84 Decreased By ▼ -0.18 (-1.28%)
TELE 7.15 Decreased By ▼ -0.08 (-1.11%)
TPLP 10.03 Decreased By ▼ -0.26 (-2.53%)
TRG 63.48 Decreased By ▼ -1.20 (-1.86%)
WAVESAPP 9.99 Decreased By ▼ -0.05 (-0.5%)
WTL 1.31 Decreased By ▼ -0.02 (-1.5%)
YOUW 3.66 Decreased By ▼ -0.04 (-1.08%)
BR100 12,305 Decreased By -186.6 (-1.49%)
BR30 37,415 Decreased By -278.7 (-0.74%)
KSE100 114,853 Decreased By -1335.9 (-1.15%)
KSE30 35,217 Decreased By -533.1 (-1.49%)

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has surpassed revenue collection target for the financial year 2023-24 and has collected Rs.37 billion against the assigned revenue target of Rs.35billion.

This was told during a meeting of the Revenue Policy Board held here with Chief Minister Ali Amin Khan in the chair. Besides, members of the provincial cabinet and administrative secretaries other concerned authorities also attended the meeting.

The meeting was briefed in detail regarding the steps, success and other matters of the revenue authority relating to increase in the income of the provincial government.

The participants of the meeting were told that for the current financial year 2023-24, the authority was assigned a revenue collection target of Rs.35 billion and so far, it has already surpassed the target and collected revenue of Rs.37 billion. For the next financial year 2024-25, the meeting fixed a revenue collection target of Rs.47 billion.

The meeting also approved budget estimates of the revenue authority for the new financial year and also granted conditional approval to various proposed regulations of the revenue authority.

Addressing the meeting, Chief Minister Ali Amin Khan Gandapur directed for the effective utilization of the information technology for bringing transparency and capacity building of the tax collection related matters.

He further directed to give priority in digitization process in those areas from where maximum revenue is collected. He also directed the initiation of steps to fill vacant vacancies to increase the capacity of the revenue authority.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Rebirth Jun 03, 2024 03:21pm
There are better ways to collect taxes than spending billions on digitization. KP should also outsource tax collection to those with a proven track record of collecting funds for the corporate sector.
thumb_up Recommended (0)