LAHORE:Punjab Revenue Authority (PRA) collected Rs10.3 billion tax revenues in August 2021 compared to Rs 8.7 billion
in August 2020, thus the total collection for first two months of the financial year was Rs 20.8 billion, which was
19 percent more than the Rs 17.5 billion collected during corresponding period of last fiscal year.
The Authority’s spokesperson disclosed to the media here on Friday that this was the highest ever collection
for the month of August by PRA and augurs well for the chances of Authority to achieve its assigned revenue
target of Rs 155.9 billion for 2021-22.
She mentioned that the PRA succeeded in surpassing its revenue targets for 2019-20 and 2020-21 and was
on the track for completing a hat-trick of achieving its targets, an unprecedented feat for any revenue authority
of the country.
PRA spokesperson said the Authority intended to continue with policy of collaboration with stakeholders,
avoidance of coercive measures and creating an atmosphere of facilitation, treating taxpayers as partners
of the government.
“The PRA has always relied on automation and minimum human interface and is currently striving towards
complete automation of work flow and creation of an integrate database. These measures, the spokesperson added, would enable the Authority to broaden its tax base, create ease of paying taxes and detect tax evasion
in a much more efficient manner. The PRA team, under the leadership of Finance Minister Punjab, was confident
of achieving its assigned revenue target with the cooperation of taxpayers and other stakeholders.
