[email protected]
English
  • Home
  • About KPRA
    • Performance
      • Performance Overview
      • KPRA vis-a-vis FBR
      • Major Sectors
    • About
      • About KPRA
      • Governance Structure
      • Organizational Structure
      • Strengthening Legal Framework
      • Strategy Formulation
      • Mandate of KPRA
      • Human Resource
    • Collectorate of Appeals
      • Introduction
      • Function and Power
      • Officers and staff
      • Pendency and disposal statement
      • Library
      • Appeal Before Collector (Appeals), KPRA
    • Key Initiatives
      • Broadening of tax base
      • IT Enabled Taxpayer Support Services
      • Awareness Campaigns
      • Training of withholding Agents
    • Messages
      • Chairman Message
      • Minister for Finance Message
      • Director General Message
  • Taxpayer Guide
    • How to Register
      • Documents Required for Registration
      • Affidavit for Registration with KPRA
    • E-Registration
      • How to E-Register
      • How To E-Enroll
      • E-Registration Video Guide
    • Relevant Tax Rates
      • Rates applicable on each service
      • Rates of Sales Tax in KP
    • Tax Returns Filing
      • E Filing Annexure Submission
      • How to E-file STS Return (English)
      • How to E-file STS Return (Urdu)
      • How to File Null Return (Video)
    • Tax Payment
      • How to Pay STS Online
  • Media
    • Gallery
    • News & Updates
    • KPRA TV
    • Jobs & Career
    • Tenders
  • Downloads
    • Legislation
      • Acts
      • Notifications
      • Rules and Regulations
    • KPRA Annual Reports
      • KPRA Annual 2020-2021 Report
      • KPRA Annual 2019-2020 Report
      • KPRA Annual 2018-19 Report
      • KPRA Annual 2016-17 Report
    • Other Links
      • Application Forms
      • User Guide
    • Appeals and Orders
      • Appellate Tribunal
      • Collector Appeals
      • Compulsory Registered Taxpayers
  • FAQs
  • Contact Us
  • Verify Invoice
  • E-SERVICES
E-Services
English
✕

KPRA meets its revenue targets with 63% growth rate

Published by KPRA Administrator on April 22, 2020
Categories
  • News
Tags
  • KPRA
  • Media
  • News

KPRA meets its revenue targets with 63% growth rate

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully achieved its revenue targets of Rs17 billion for the fiscal year 2019-20 that ended on Tuesday June 30. 
 
The authority showed 63.4% growth rate in revenue collection compared to the fiscal year 2018-19, despite the catastrophic impact of the pendamic COVID-19 on the overall economy and business activities in the province.
 In the fiscal year 2018-19, the authority had collected Rs 10.4 billion, which showes 63% growth rate in the year 2019-20.
All the regions of the authority successfully completed their revenue targets showing tremendous growth compared to the previous year. The major chunk came from Peshawar Region which collected over Rs11.4 billion revenue in both corporate and non-corporate sectors. 
 
Similarly, the Mardan Region collected Rs284 million, the North Region collected Rs 172 million while, the recently established South Region collected Rs 208 million revenue in fiscal 2019-20.
 
Rs 1.2 billion were generated from the sales tax on services on the oil and gas sector while, Rs 1.95 billion came from withholding agents.
 
The Khyber Pakhtunkhwa Finance Minister Taimur Khan Jhagra and Director General KPRA Fayyaz Ali Shah appreciated the efforts of employees of the authority for achieving the revenue targets in the extraordinary circumstances. 
 
The Finance Minister congratulated the DG KPRA Fayyaz Ali Shah and his team for their praiseworthy performance and helping the government to gather funds for financing its developmental projects. Mr. Taimur Khan Jhagra said the KPRA is an outcome of the present government’s reforms and hoped that the authority would show more improvement with more promising results by the end of next fiscal year.
 
“Achieving the revenue targets in the current circumstances is really a proud moment for us. We are thankful for the support and encouragement of the KP government, particularly Minister Finance that made it possible,” said Mr. Fayyaz Ali Shah in his statement. “We are committed to not only continue the current growth rate but to further increase it in the new fiscal year. We have to build tax culture in the province and our aim is to make Khyber Pakhtunkhwa fiscally self-reliant,” he said. 

Latest Posts

  • 0
    KPRA collects 20.21 Billion in 8 months
    March 8, 2023
  • 0
    USAID handed over ERP to KPRA
    March 3, 2023
  • 0
    KPRA conducted training workshop for Withholding Agents of Kohat Division
    February 14, 2023
  • 0
    KPRA arranged Training Workshop for Withholding Agents of D I Khan Division
    February 9, 2023
  • 0
    Notification of Infrastructure Development Cess one percent (1%) Rate
    February 9, 2023

IMPORTANT LINKS

  • Government of Pakistan (GoP)
  • Government of Khyber Pakhtunkhwa
  • Ministry of Finance (Mof)
  • Federal Board of Revenue (FBR)
  • Punjab Revenue Authority (PRA)
  • Sindh Revenue Board (SRB)
  • Baluchistan Revenue Authority (BRA)

ABOUT

  • About KPRA
  • Chairman Message
  • Collectorate of Appeals
  • Governance Structure
  • Mandate of KPRA
  • Key Initiatives

OFFICES

KPRA Headquarters

Near Railways track, Phase-3 Chowk Hayatabad, Peshawar, Khyber Pakhtunkhwa

+92 91 9219202

Mardan Office

Abbottabad Office

Bannu Office

Khyber Pakhtunkhwa Revenue Authority - KPRA

© 2022 Khyber Pakhtunkhwa Revenue Authority. All rights reserved. Developed by Centangle Interactive
    English
    • No translations available for this page