Peshawar: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has set a revenue collection target of PKR 20 billion for the current Fiscal Year (FY)2020-21 and formulated a plan accordingly, as per a news source published on July 30.
The information was given by KPRA to Minister for Finance Taimur Salim Jhagra during a meeting held under the minister as chair. The meeting was told that the revenue authority faced issues in collection of revenue due to the outbreak of the coronavirus. However, the revenue collection was achieved nonetheless.
Additionally, the meeting was informed that before the outbreak of the COVID-19 pandemic, the KPRA was showing an average of 73% growth monthly – that dropped in two months of the pandemic and the lockdown imposed to contain its spread. The minister was also informed that the number of registered taxpayers has exceeded the 11,500 mark. However, the authority also reported a deficit of PKR 700 million in the construction and tourism sectors.
Jhagra lauded the authority’s performance and asked the officials to ensure collection of revenue targets by utilising their activities. He also stressed that the taxpayers should be facilitated, and their registration processes and filing returns should be simplified.
In response, KPRA Director General Fayaz Ali Shah said that the authority was devising an application through which taxpayers would be facilitated.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
