{"id":83023,"date":"2022-01-13T12:00:04","date_gmt":"2022-01-13T07:00:04","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83023"},"modified":"2022-01-13T12:00:10","modified_gmt":"2022-01-13T07:00:10","slug":"punjab-revenue-collection-22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-revenue-collection-22.html","title":{"rendered":"Punjab revenue collection jumps to 22% in first half of FY-22"},"content":{"rendered":"\n<p>Lahore: Punjab Revenue Authority (PRA) Chairman Zain ul Abidin Sahi said that the authority has collected a total of PKR 72 billion in taxes in the first six months of the fiscal year 2022, news sources reported on January 12. The authority has a total revenue target of PKR 155.9 billion to achieve by the end of the current fiscal year.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong>\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pra-revenue-target-q1.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab Revenue Authority surpasses revenue target set for Q1<\/a><\/p>\n\n\n\n<p>According to reports, the authority met the outstanding objective during the first six months of the year, from June to December, and has registered over 100,000 taxpayers by December 2021. The PRA authorities collected PKR 58 billion in the previous fiscal year, representing a 22% increase. Moreover, the PRA has stated that it is taking steps to register more companies and developing an <a href=\"https:\/\/www.zameen.com\/news\/property-registration-process-in-punjab-automated-punjab-revenue-secretary.html\" data-type=\"post\" data-id=\"51528\" target=\"_blank\" rel=\"noreferrer noopener\">integrated Point of Sales (PoS)<\/a> system in order to improve tax collection from restaurants, salons, and retail shops.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cm-tram-project-canal-road.html\" target=\"_blank\" rel=\"noreferrer noopener\">CM directs LDA to develop tram project on Canal Road<\/a>\u00a0<\/p>\n\n\n\n<p>It was also revealed that the PRA is developing a system for collecting taxes from local or international tech firms that provide services in Pakistan. Google, Netflix, and other corporations will be required to pay taxes as a result of the new tax mechanism. Similarly, rules will be enacted to bring corporate lawyers within the tax net.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Revenue Authority (PRA) Chairman Zain ul Abidin Sahi said that the authority has collected a total of PKR 72 billion in taxes in the first six months of the fiscal year 2022, news sources reported on January 12. The authority has a total revenue target of PKR 155.9 billion to achieve by the end of the current fiscal year.\u00a0\u00a0 Read:\u00a0Punjab Revenue Authority surpasses revenue target set for Q1 According to reports, the authority met the outstanding objective during the first six months of the year, from June to December, and has registered over 100,000 taxpayers by December 2021. The PRA authorities collected PKR 58 billion in the previous fiscal year, representing a 22% increase. Moreover, the PRA has stated that it is taking steps to register more companies and developing an integrated Point of Sales (PoS) system in order to improve tax collection from restaurants, salons, and retail shops.\u00a0 Read: CM directs LDA to develop tram project on Canal Road\u00a0 It was also revealed that the PRA is developing a system for collecting taxes from local or international tech firms that provide services in Pakistan. Google, Netflix, and other corporations will be required to pay taxes as a&hellip;<\/p>\n","protected":false},"author":84,"featured_media":60398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[50508,50509,37393],"persona":[],"class_list":{"0":"post-83023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-punjab-revenue-collection-jumps-to-22-in-first-half-of-fy-22","9":"tag-punjab-revenue-epartment","10":"tag-punjab-revenue-policy","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab revenue collection jumps to 22% in 1st half of FY-22-Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Punjab Revenue Authority (PRA) Chairman Zain ul Abidin Sahi said that the authority has collected a total of PKR 72 billion in taxes in the first\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/punjab-revenue-collection-22.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab revenue collection jumps to 22% in 1st half of FY-22-Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Punjab Revenue Authority (PRA) Chairman Zain ul Abidin Sahi said that the authority has collected a total of PKR 72 billion in taxes in the first\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-revenue-collection-22.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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