Punjab Revenue Authority registers 35000 new businesses in tax drive
The Punjab Revenue Authority completed the registration of 35,000 new businesses across Punjab during a review meeting held in Lahore on Wednesday.
Chairman sets compliance targets for officials
PRA Chairman Moazzam Iqbal Sipra led the session to discuss expansion goals for the provincial tax net. He instructed staff to maintain transparency in all tax returns while ensuring full compliance with existing requirements. The meeting focused on balancing new registrations with strict adherence to financial regulations.
Digital monitoring scope expands for smaller firms
Officials will extend digital oversight of business activities to improve the overall effectiveness of the tax system. Companies generating monthly sales up to Rs 500,000 must now connect with the Electronic Invoice Monitoring System. This integration aims to increase transparency in transactions and ensure timely tax payments from smaller enterprises.
Awareness sessions planned for business owners
Commissioners received orders to organize educational sessions explaining tax laws and compliance procedures for local businesses. The authority intends to provide a modern digital platform that remains easy for all taxpayers to use. These steps follow directions from the chief minister regarding an updated tax system.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
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2 independent outlets. Headlines as published. Links open the original report.