- January 3, 2019
- Posted by: kpra
- Category: News and Events, Press Release
KPRA increases tax collection from non-telecom sectors by 45% in December 2018
Efforts at diversifying the tax base have yielded very encouraging results in Khyber Pakhtunkhwa. The provincial revenue authority (KPRA) has registered a 45% increase in collection from non-telecom sectors during the month of December, as compared to last year.
In December 2018, the non-telecom collection amounted to 750 Million PKR while the figure stood at 421 Million PKR in 2017.
This increase is especially significant given that suspension of tax collection on cellular communication service, in accordance with the directives from the Supreme Court of Pakistan, has led to collection loss of nearly 1.5 Billion PKR to the Khyber Pakhtunkhwa government.
Despite the gap created by the loss, KPRA’s efforts have actually helped cover almost 1 Billion of the total losses incurred from non-collection of telecom taxes.