PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully collected Rs24.2 billion in the first six months of the financial year 2024-25, marking an impressive 45% growth compared to the same period last year.
Last year it collected only Rs 16.7 billion in the first six months which shows an impressive Rs7.5 billion increase in the revenue.
The authority has collected Rs18.15 billion from the sales tax on services, and Rs6.07 billion from the Infrastructure Development Cess (IDC).
Last year, collections from sales tax on services amounted to Rs14.6billion, while Rs2.1billion was collected from the IDC, reflecting a 24% growth in sales tax on services and an astonishing 189 % growth in IDC.
Director General KPRA, Fouzia Iqbal, praised the dedication and hard work of the KPRA team, which has resulted in an impressive performance over the past six months.
She expressed her confidence that with sustained efforts, not only will the annual revenue target be achieved, but it will also be exceeded significantly.
“With the same level of commitment and our strategic approach, I am confident that we will surpass this year’s target. And by the end June, KPRA will once again stand out as a beacon of excellence in performance,” she remarked.
Copyright Business Recorder, 2025
Comments
Comments are closed.