Peshawar:
Khyber-Pakhtunkhwa’s income authority (KPRA) has collected RS41.9 billion in the first ten months of fiscal year 2024-25, marking an increase of 40 percent compared to the same period last year.
This increase reflects a substantial increase of RS12 billion over RS29.9 billion raised during July-April 2023-24.
According to the figures published by the KPRA media wing on Friday, the authority generated RS32.4 billion through the Sales Tax on Services and RS9.51 billion through the infrastructure development CESS (IDC).
In the corresponding period of last year, the charges were located at RS25.5 billion and RS4.38 billion respectively, which reflects a 27 % growth in the sales tax on services and a notable increase of 117 percent in IDC revenues.
The general director of Kpra, Fouzia Iqbal, praised the performance of her team, accrediting the impressive growth to her dedication and strategic planning.
“With the same level of commitment and our strategic approach, I am sure we will exceed this year’s goal with good margins,” he said.
He also expressed his gratitude to taxpayers for their trust, trust and cooperation, who have played a crucial role in Kpra’s achievements.
