Rawalpindi: The MoU signed between the Punjab Revenue Authority (PRA), the Punjab Food Authority and the Tourism Development Corporation has resulted in the development of a consumer friendly tax collection system in the province – a news source reported the participant of a seminar on Tax Day as saying.
Read: FBR to sign MoU with PITB for broadening tax net
They felt that this will help improve the tax culture in the province.
PRA Commissioner Imran Hayee Khan and Deputy Commissioner (DC) Talat Mehmood Gondal speaking on the occasion said that the collection of tax from public is crucial for the development of any country. It ensures the provision of basic needs to the citizens.
They added that taxation is the only practical means of raising the revenue to finance government’s development projects. Developing countries also face formidable challenges when they attempt to establish efficient tax systems.
Read: Committee formed to increase property taxes in Punjab
Additional Commissioner PRA Shafqat Rasool Sandhu, Sadia Akmal, Assistant Commissioner PRA Adnan Anjum, Additional Deputy Commissioner (Finance and Planning) Rao Atif and other senior and junior officers also attended the seminar.