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Punjab Revenue Authority Posts 39% Growth in August 2020

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By Our Web Correspondent

LAHORE– The Punjab Revenue Authority (PRA) has registered a growth of 39 percent in August 2020 as compared to to the same period of last fiscal year.

A provisional revenue collection of Rs8.6 billion has been registered in August in ongoing fiscal year. It is worth mentioning here that due to the impact of COVID-19 the rate of taxes of over 20 services were reduced from 16% to 5% yet this record collection is encouraging.

This also happens to be the highest recorded revenue collection for the month of August in the history of PRA.

The PRA Chairperson praised the efforts of the officers and appreciated their revenue planning and collection efforts.

He also instructed the officers to keep up the hard work as they are on the right track of accomplishing this year’s revenue target.— PRESS RELEASE