KPRA records 40pc growth in revenue

Published
0

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected Rs41.9 billion in the first ten months of fiscal year 2024-25, recording a 40 per cent increase as compared to the same period last year.

This surge reflects a substantial rise of Rs12 billion over the Rs29.9 billion collected during July-April 2023-24, according to a statement issued here.

According to figures released by the KPRA’s media wing on Friday, the authority generated Rs32.4 billion through the Sales Tax on Services and Rs9.51 billion via the Infrastructure Development Cess (IDC).

In the corresponding period last year, collections stood at Rs25.5 billion and Rs4.38 billion respectively, reflecting a 27pc growth in sales tax on services and a remarkable 117pc surge in IDC revenue.

KPRA Director General Fouzia Iqbal lauded the performance of her team, crediting the impressive growth to their dedication and strategic planning.

“With the same level of commitment and our strategic approach, I am confident we will surpass this year’s target with good margins,” she said.

She also expressed her gratitude to taxpayers for their trust, confidence, and cooperation, which have played a crucial role in KPRA’s achievements.

Published in Dawn, May 3rd, 2025

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...