LAHORE: The Punjab Revenue Authority (PRA) recorded Rs66.41 billion in tax revenue during the first quarter of the fiscal year 2025–26, marking a 28 percent increase from Rs51.98 billion collected in the same period last year.
In addition, the PRA collected Rs1.7 billion under the Punjab Infrastructure Development Cess.
A PRA spokesperson highlighted that this growth was achieved without introducing new taxes or raising existing rates. The authority has launched a comprehensive crackdown on unregistered service providers to expand the tax net. Enforcement teams have been mobilised to identify unregistered businesses, conduct field surveys, and issue immediate notices to ensure compliance.
Under new tax reforms, a simplified online registration system has been introduced to facilitate the business community. All service providers are now required to link their businesses with the E-IMS system and submit monthly sales tax returns on time. Businesses that fail to register by the end of the month will face penalties and legal action.
The ongoing registration campaign aims to enhance revenue collection, broaden the tax base, improve business transparency, and strengthen documentation across Punjab’s economy.
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