- Advertisement -
LAHORE, Jun 03 (APP):The Punjab Revenue Authority (PRA) has achieved a significant milestone by collecting a record Rs. 26.12 billion in tax revenues during May 2025, reflecting a 23 percent increase compared to the same month last year.
From July 2024 to May 2025, the Authority has collected a total of Rs. 240 billion, marking a 16 percent growth over the corresponding period of the previous fiscal year, the PRA spokesperson told media here Tuesday.
Out of this, she explained, Rs. 225 billion was collected under Punjab Sales Tax, also showing a 16 percent year-on-year increase. Furthermore, Rs. 5.6 billion was generated through the Punjab Infrastructure Development Cess, showing an 18 percent rise, while the Punjab Workers Welfare Fund witnessed a substantial 30 percent growth, with Rs. 9.3 billion collected during the same period.
She added that this performance has been achieved without imposing any new tax or increasing existing tax rates. The PRA credits this success to a robust enforcement strategy and the effective deployment of modern technology. With continued efforts, the Authority is confident of surpassing its annual tax collection target for the fiscal year.