BR100 Decreased By (-0.24%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.15%)
KSE30 Decreased By (-0.16%)
AGHA 6.42 Increased By ▲ 0.10 (1.58%)
BECO 4.29 Increased By ▲ 0.02 (0.47%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.37 Increased By ▲ 0.14 (0.45%)
CNERGY 11.72 Increased By ▲ 0.13 (1.12%)
CSIL 5.97 Increased By ▲ 0.25 (4.37%)
FCCL 60.70 Decreased By ▼ -0.84 (-1.36%)
FFL 14.91 Decreased By ▼ -0.11 (-0.73%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 6.25 Decreased By ▼ -0.01 (-0.16%)
KOSM 5.62 Increased By ▲ 0.06 (1.08%)
LOTCHEM 24.65 Decreased By ▼ -0.03 (-0.12%)
MLCF 102.90 Decreased By ▼ -1.18 (-1.13%)
NBP 174.63 Decreased By ▼ -0.65 (-0.37%)
NCPL 52.83 Increased By ▲ 0.06 (0.11%)
NPL 54.55 Increased By ▲ 0.43 (0.79%)
OGDC 312.50 Decreased By ▼ -0.89 (-0.28%)
PACE 9.22 Increased By ▲ 0.02 (0.22%)
PAEL 35.45 Decreased By ▼ -0.35 (-0.98%)
PIBTL 13.57 Increased By ▲ 0.10 (0.74%)
PPL 220.70 Decreased By ▼ -1.11 (-0.5%)
PRL 80.31 Increased By ▲ 1.23 (1.56%)
PTC 46.98 Increased By ▲ 0.13 (0.28%)
SSGC 24.12 Increased By ▲ 0.25 (1.05%)
TBL 9.20 Decreased By ▼ -0.11 (-1.18%)
TELE 7.40 Increased By ▲ 0.01 (0.14%)
TPL 24.40 Decreased By ▼ -0.71 (-2.83%)
TPLP 12.48 Decreased By ▼ -0.03 (-0.24%)
TREET 25.94 Decreased By ▼ -0.31 (-1.18%)
TRG 53.65 Increased By ▲ 0.21 (0.39%)

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