BR100 Decreased By (-0.6%)
BR30 Decreased By (-0.36%)
KSE100 Decreased By (-0.46%)
KSE30 Decreased By (-0.52%)
AGHA 6.41 Increased By ▲ 0.04 (0.63%)
BECO 4.38 Increased By ▲ 0.01 (0.23%)
BML 62.43 Decreased By ▼ -0.21 (-0.34%)
BOP 31.60 Decreased By ▼ -0.02 (-0.06%)
CNERGY 11.66 Decreased By ▼ -0.11 (-0.93%)
CSIL 5.80 Decreased By ▼ -0.29 (-4.76%)
FCCL 62.15 Increased By ▲ 0.06 (0.1%)
FFL 14.80 Increased By ▲ 0.07 (0.48%)
FNEL 1.23 Increased By ▲ 0.03 (2.5%)
KEL 6.24 Increased By ▲ 0.08 (1.3%)
KOSM 5.60 Decreased By ▼ -0.08 (-1.41%)
LOTCHEM 24.64 Decreased By ▼ -0.41 (-1.64%)
MLCF 104.71 Decreased By ▼ -0.56 (-0.53%)
NBP 178.51 Decreased By ▼ -2.06 (-1.14%)
NCPL 53.53 Increased By ▲ 0.20 (0.38%)
NPL 54.91 Increased By ▲ 0.12 (0.22%)
OGDC 316.00 Decreased By ▼ -0.09 (-0.03%)
PACE 9.35 Decreased By ▼ -0.04 (-0.43%)
PAEL 35.63 Increased By ▲ 0.19 (0.54%)
PIBTL 13.65 Decreased By ▼ -0.14 (-1.02%)
PPL 223.73 Decreased By ▼ -1.62 (-0.72%)
PRL 79.10 Decreased By ▼ -1.29 (-1.6%)
PTC 47.61 Decreased By ▼ -0.41 (-0.85%)
SSGC 24.03 Decreased By ▼ -0.38 (-1.56%)
TBL 9.45 Increased By ▲ 0.07 (0.75%)
TELE 7.59 No Change ▼ 0.00 (0%)
TPL 25.10 Decreased By ▼ -0.24 (-0.95%)
TPLP 12.98 Decreased By ▼ -0.12 (-0.92%)
TREET 26.46 Increased By ▲ 1.42 (5.67%)
TRG 55.80 Increased By ▲ 0.97 (1.77%)

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

200 characters remaining