LAHORE: The Punjab government has demonstrated outstanding performance by collecting a record Rs23.7 billion during April, marking a 26% increase compared to April last year.
From July to April of the current fiscal year, according to data released by Punjab Revenue Authority (PRA), a total of Rs214 billion has been collected in tax revenues - 16% higher than the corresponding period last year. Within this period, Rs199.6 billion has been collected specifically under Punjab Sales Tax, reflecting a 14% Year-on-Year growth.
Additionally, the PRA has collected Rs5.1 billion in revenue from the Punjab Infrastructure Development Cess (PIDC), registering a 23% growth, while Rs9.1 billion has been collected under the Punjab
Workers Welfare Fund - showing an impressive 43% increase. Remarkably, these gains have been achieved without introducing any new taxes or increasing tax rate slab.
According to the PRA spokesperson, this strong performance is the result of strategic outreach through workshops, expansion of the tax net, and the effective use of modern IT systems.
With these robust measures in place, the PRA remains confident that it will meet or surpass the annual revenue target for the current fiscal year.
Copyright Business Recorder, 2025
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