The Punjab Revenue Authority (PRA) has recorded a historic increase in tax collection during the first half of the current fiscal year following recent reforms, officials said.
According to the PRA spokesperson, the authority collected 149.5 billion rupees in total revenue during the first six months, marking a 35 percent increase compared to the same period last year, when 112.1 billion rupees were collected.
The spokesperson attributed this growth to the implementation of modern reforms and a transparent tax collection system, which have strengthened revenue mobilization.
“An increase in provincial revenues ensures financial stability and guarantees timely completion of development and welfare projects,” the PRA statement added.
This surge is considered the highest first-half collection in the history of the Punjab Revenue Authority, reflecting the positive impact of structural reforms on the province’s fiscal health.
