LAHORE: The Punjab Revenue Authority has achieved a high revenue target in first nine months of the fiscal year of 2016-17 from the telecommunication sector.
According to sources of Customs Today, the Punjab Revenue Authority has marked a new high figure in recoveries from telecommunication sector with an amount of Rs12billion. This amount is 39 percent more than the same period of the fiscal year of 2015 16.
The authority has also recovered a huge amount of taxes from services sector with an amount of Rs11billion in the first nine months of the fiscal year of 2016 17.
Chairman Raheel Sadiqui congratulated the officers and staff of the Punjab Revenue Authority (PRA) on setting a new revenue collection in just nine months.
On contact with the PRA chairman office, Customs Today was informed that this is the highest collection ever recorded by any tax collection agency at sub-national level in nine months. This will take PRA’s collection on new height for the year to Rs90billion up to June 2017.