Trends - PRA - Business Recorder

Business & Finance

PRA surpasses revised ST on services target

LAHORE: The Punjab government has surpassed the upward revised sales tax on services target of Rs.165.5 billion for...

Published 30 Jun, 2022 06:07am

Business & Finance

PRA crosses Rs150bn mark in 11 months

LAHORE: The Punjab Revenue Authority (PRA) has become the first provincial revenue collection agency in the history...

Published 02 Jun, 2022 06:19am

Business & Finance

PRA likey to surpass tax collection target

LAHORE: Punjab Revenue Authority will surpass the annual budget target of revenue collection of Rs155.9 billion...

Published 12 Jan, 2022 04:25am

Business & Finance

PRA taxpayers’ number crosses 100,000 mark within 9 years

LAHORE: The Punjab Revenue Authority (PRA) taxpayers’ number has crossed 100,000 within nine years of its transfer...

Published 05 Jan, 2022 05:36am

Markets

Fuel shortages remain in south east England but improvements elsewhere

LONDON: Gas stations in London and southeast England continue to suffer a lack of fuel although the situation has...

Published 03 Oct, 2021 04:16am

Print

Bilawal criticises govt for sharp rise in prices of POL products

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has rejected the sharp rise in prices of...

Published 17 Sep, 2021 02:45am

Business & Finance

Sales tax on services: Punjab govt revises budget estimate to Rs141.2bn

LAHORE: The Punjab government has revised the budget estimate for sales tax on services to Rs.141.2 billion. It is...

Published 02 Jun, 2021 04:29am

Business

PRA collects over 70pc higher ST on services in April

LAHORE: The Punjab government has collected over 70 percent higher sales tax on services in the month of April. As...

Published 04 May, 2021 04:26am

Business & Finance

FBR, PRA sign MoU on Single Portal/ Sales Tax Return

SAPM on Revenue further added that now persons associated with businesses would only have to file one Sales Tax Return instead of many returns. He further said that this step would help bring simplification in the tax system and procedure.

Published 08 Apr, 2021 10:27am

Business & Finance

Bank of England seeks to contain banking glitches, cyber attacks

At a time when Brexit is focusing minds on the future of financial services, this is an area of regulatory policy that provides an opportunity for UK financial services to gain competitive advantage on the global stage.
"The speed at which vulnerabilities are remediated should be commensurate with the potential impact that a disruption would cause, and will be an area of supervisory focus," the BoE said.

Published 29 Mar, 2021 06:26pm

Business & Finance

PRA seeks tax proposals from stakeholders

LAHORE: Punjab Revenue Authority (PRA) has sought tax proposals from all of its stakeholders for the upcoming budget...

Published 23 Feb, 2021 05:20am

Editorials

The taxation puzzle

EDITORIAL: In a webinar last week, Punjab Revenue Authority (PRA) chairman said that high rates of taxes remained ...

Published 29 Jan, 2021 04:55am

Business

High tax rates reason for non-compliance: PRA chief

ISLAMABAD: The Punjab Revenue Authority (PRA) chairman Zain Sahi said the high rates of taxes remained the primary...

Published 24 Jan, 2021 03:32am

Business

Six months: Punjab witnesses 9pc surge in indigenous revenue generation

LAHORE: Punjab Finance Minister Hashim Jawan Bakht said that the province witnessed an increase of 9 percent in...

Published 21 Jan, 2021 04:23am

Pakistan

PRA registers 41.6pc growth in first half of current FY

Punjab government reduced the rate of PSTS (Provincial Sales Tax on Services) from 16 per cent to 5 per cent for various sectors.
The government also gave major tax relief to sectors considered crucial for economic growth.

Published 01 Jan, 2021 09:14pm

Pakistan

PRA collects 8pc more tax in five months

PRA spokesperson told the media here Wednesday that this FY, the authority managed to collect eight percent more revenues when compared with Rs 42.7 billion tax revenue of the corresponding months last fiscal year (2019-20).

Updated 16 Dec, 2020 07:03pm