Business Recorder
LAHOTRE: Punjab Minister for Housing and Urban Development Bilal Yasin on Friday visited the headquarters of the Punjab Revenue Authority (PRA) to review the Authority’s tax collection performance and revenue targets for the current fiscal year, with discussions centering on expanding the tax net and strengthening the province’s financial resources through digital reforms. During the visit, Chairman PRA Moazzam Iqbal Sipra briefed the Minister on the Authority’s key achievements, including record revenue collection figures, ongoing efforts to register new taxpayers across the province, and plans being developed for the upcoming fiscal year. The Minister commended the PRA for its performance and acknowledged its role in consolidating the province’s financial standing. Addressing the broader vision for revenue growth, Bilal Yasin stated that promoting a culture of taxation and ensuring greater transparency within the system were indispensable to boosting provincial revenues and unlocking new development opportunities. He further noted that under the leadership of the Chief Minister of Punjab, a record budget has been allocated this year to accelerate development projects and advance public welfare initiatives across the province. The Minister placed particular emphasis on the urgent need for a robust digital monitoring system, describing it as a vital tool for curbing tax evasion and eliminating leakages in the services sector. Chairman Sipra, in turn, informed the Minister that comprehensive legislation aligned with the Chief Minister’s vision is being prepared ahead of the next fiscal year to further enhance revenue generation. He added that the establishment of the Large Taxpayer Unit and the rollout of digital monitoring systems have already delivered measurable improvements in the Authority’s performance and operational efficiency. Copyright Business Recorder, 2026
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