Details

Technical Note

Background Note on Punjab Revenue Authority

Mohsin Bashir, Anam Sethi

INDUSTRY : Revenue

AREA : Business Government/International Economy

ORGANIZATION : Punjab Revenue Authority

LENGTH : 11

LUMS No : 16-306-2015-2

PUBLICATION YEAR : 2015

KEYWORDS:

Punjab Revenue Authority,PRA,Sales,Taxation,Tax Administration,Pakistan,Law,Tax Collection,Organisational Structure,Functions,Challenges,Future Outlook

DESCRIPTION:

Provincial sales taxation in Pakistan has gone through a series of reforms, and has recently been entrusted to the care of the revenue authorities. These revenue authorities are primarily concerned with the collection of GST on services, but they also undertake a variety of functions in an effort to reform the tax administration system in Pakistan. This note specifically focuses on Punjab Revenue Authority (PRA), an organisation created in 2012 to increase revenue collection from taxable services in the province of Punjab. By examining the creation, mission and function of PRA, the note highlights the various challenges facing provincial taxation in Pakistan and states the measures that are being initiated by PRA to tackle these problems.

LEARNING OBJECTIVES:

The note shares its learning objectives with the training sessions it has been prepared for. These include: 1. Understanding the challenges and opportunities of tax management in Pakistan. 2. Identifying the ways in which provincial revenue authorities like PRA have helped improve provincial revenues in general and the collection of sales tax of services in particular. 3. Understanding the various measures that can be taken to overcome the problems and issues facing tax collection and allocation in Pakistan for other national and sub-national taxes.

SUBJECTS COVERED:

Business Government, International Economy, Finance