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  • PRA brings foreign firms within sales tax ambit

    Sources in the PRA told Dawn on Monday that the Lahore Enforcement Commissionerate had collected Rs250m ST from Chinese Company M/s PCCC which is undertaking construction of 1,230MW gas power plant...

    They said the PRA was in the process of including all other foreign construction companies mainly Chinese besides local firms to bring those in the tax net keeping in view the boom in construction work in the province...

  • PRA Act amended to remove ‘certain lacunae’

    LAHORE: The provincial government has amended the Punjab Revenue Authority Act 2012 to validate the authority and its actions with effect from the date of the enactment of the law...

    The actions of the authority including levy, charging, collection and realisation of the sales tax on services have been challenged in courts on the ground that the authority was to be created under a notification of the government after the enactment of the...
  • PRA not given access to Customs data

    LAHORE: The Punjab Revenue Authority (PRA) said on Tuesday that so far it has not received any response from the Federal Board of Revenue (FBR) to get access to the Customs data for implementing the Punjab Infrastructure Development Cess Act 2015...

    Despite communicating in written with the FBR twice following a meeting chaired by Punjab Chief Minister, Shahbaz Sharif on July 14, the PRA is still awaiting a reply from the central...

  • PRA to monitor two eateries’ sales

    A senior official told Dawn that PRA auditors would monitor sales at Fredey’s Café M/s Bhimra (Pvt) Ltd and M/s Bar B Q Tonight as a part of Punjab sales tax collection...

    He said the PRA believed that with such measures it would be able to put in place deterrence against tax evasion and misappropriation of public money...

  • PRA given ‘ambitious’ Rs86.5bn target

    LAHORE: The Punjab Revenue Authority (PRA) has been given a tax collection target of Rs86...

    The PRA collected Rs54bn in the first 11 months (July to May) of the outgoing fiscal year, which was 39pc higher than the preceding year’s collection but far below the target...

  • PRA’s gift scheme for restaurant visitors

    LAHORE: The Punjab Revenue Authority (PRA) launched on Saturday its campaign offering grand gifts to restaurant customers through its Restaurant Invoice Monitoring System kiosks, installed at nine restaurants and hotels at Fort Road Food Street and Qadhafi Stadium...

    He said customers had every right to know that the tax they had paid would end up with the government, adding the pamphlets highlighted the importance of getting proper...

  • Influential businesses use ‘pressure’ tactics to tame PRA

    Those defying PRA include property developers and dealers, construction companies, travel agents and tour operators, car dealers, passengers and goods transport companies, cable TV operators, airlines and auto workshops...

    Sources in the PRA told Dawn on Tuesday that real estate developers and property dealers appeared to be major opponents of the tax and the authority was facing political pressure while dealing with them...

  • PRA collects Rs8.81bn tax in two months

    LAHORE: Punjab Finance Minister Dr Ayesha Ghaus reviewed the quarterly revenue progress of the Punjab Revenue Authority (PRA) in a meeting here on Friday...

    The PRA chairperson, in a presentation to the minister, said the authority had collected Rs8...

  • PRA in action against fashion photographers

    LAHORE: The Punjab Revenue Authority (PRA) sealed on Wednesday the outlet of a fashion photographer and impounded record from two other photographers’ outlets in the Gulberg area for not registering with the authority for sales tax collection...

    Sources in the PRA told Dawn the authority had voluntarily registered 38 photographers and compulsorily registered 50 others, of 400 identified outlets, since July 2015...

  • PRA collected Rs47.8bn sales tax in July-April

    LAHORE: Apparently struggling to achieve the Rs72 billion target set for this fiscal year, the Punjab Revenue Authority (PRA) claims to have collected Rs6...

    This is the highest-ever tax collection achievement in a single month by any provincial or sub-national revenue authority in Pakistan, a statement released by PRA claimed...

  • PRA seals designer’s outlet

    LAHORE: An enforcement team of the Punjab Revenue Authority (PRA) sealed on Saturday renowned fashion designer Hassan Sheheryar Yasin’s (HSY) outlet on Ali Zeb Road in Gulberg-III after an FBR officer allegedly manhandled a monitoring official and a journalist...

    A day earlier, the PRA had deputed monitoring staff at the outlet after failing to receive tax returns from the designer...

  • DHA-PRA tussle over sales tax persists

    LAHORE: The Punjab Revenue Authority and the Defence Housing Authority, Lahore, have been running into a battle over the imposition of Punjab Sales Tax on Services Act 2012 since 2013 as DHA has openly ‘defied’ the levy while refusing to provide information about details of contracts of property development and construction to PRA...

    The several correspondences between two sides in the last two years have yet to bear any fruit as PRA...

  • LHC declares PRA illegal, sets aside all appointments

    LAHORE: The Lahore High Court on Monday declared the functioning of Punjab Revenue Authority (PRA) illegal, setting aside appointments of its chairman and members...

    The Punjab government had constituted the PRA under Punjab Revenue Authority Act, 2012 as a body under administrative control of the provincial finance department to collect general sales tax (GST) on services...

  • PRA posts 13pc increase in July

    According to the PRA, the significant improvement of Rs600 million has been seen with respect to the contractual execution of work or furnishing supplies, withholding agents, construction services, manpower supplies, software or IT-based system development consultants, port operators, cargo services, auto-workshops, erection, commissioning and installation services, laboratories, car-dealers, advertisements, and management consultancies... ...

  • PRA unlikely to achieve Rs72bn revenue target

    LAHORE: The Punjab Revenue Authority (PRA) has been able to collect only around Rs28 billion in revenue in the first six months of fiscal 2015-16 against the annual target of Rs72 billion...

    The authority, which has also been facing capacity issues and growing litigation since its functioning from 2012, is projected to collect less than Rs60 billion in fiscal 2015-16, sources in the PRA told Dawn on Monday...

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