Khyber Pakhtunkhwa Finance Minister Taimur Khan Jhagra is presiding first quarter review meeting of KPRA via video conference.

Khyber Pakhtunkhwa Finance Minister Taimur Khan Jhagra is presiding first quarter review meeting of KPRA via video conference. KPRA showed 33% growth rate in the first quarter of the fiscal year 2020-21, taking its collection figures to Rs4.33 billion as compared to last fiscal year’s collection of Rs3.26 billion.

The KPRA collected Rs4.03 billion Sales Tax on Services while, Rs299 million were collected from the Infrastructure Development Cess (IDC) in the first three months of the current #fiscal year. The authority collected Rs3.22 billion revenue from Sales Tax on Services and Rs40 million from the IDC in the first quarter of the last fiscal year which shows 33% growth on quarter to quarter bases in the current fiscal year.