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PRA collects Rs12b in December

PRA collects Rs12b in December

LAHORE: The Punjab Revenue Authority (PRA) collected Rs49.5 billion in the first and second quarters of the current financial year, 2017-18 as compared to Rs 36.5 billion revenue generated for the same period for the corresponding period of previous year.

This was revealed during a meeting, chaired by Member Operation, Commissioner Javed Ahmed, held to discuss the half yearly tax revenue target at PRA Headquarters.

The officers also presented figures for December which were recorded at an astonishing Rs 12.11 billion compared to Rs 7.7 billion recorded last December, which is 57% higher. Member Operation appreciated the effort put forward by the officers for generating high tax revenue collection and stated that, with efforts of the officers, PRA is on course towards achievement of new financial year tax revenue record. The collection figures are being finalized till the time of filing of this report.