PESHAWAR: KPRA revenue collection for the financial year 2024-25 reached Rs51.56 billion. This exceeded the revenue goal of Rs47 billion set by the Khyber Pakhtunkhwa government and marked a 37% growth compared to the previous year.
This strong performance reflects a 37% growth compared to the KPRA revenue collection in FY 2023-24.
According to KPRA’s media wing, the Authority collected Rs40.3 billion from the sales tax on services. It also generated Rs11.26 billion from the Infrastructure Development Cess (IDC). The continued focus on expanding the tax base proved instrumental in this growth. By the end of FY 2024-25, KPRA had increased its registered taxpayers to over 25,100.
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The remarkable KPRA revenue collection in FY 2024-25 is attributed to the strategic approach adopted by the Authority. This included widening the tax net and ensuring greater compliance. Director General KPRA, Fouzia Iqbal, credited her team’s hard work and commitment for achieving and exceeding the target.
She expressed gratitude to Chief Minister Khyber Pakhtunkhwa, Ali Amin Gandapur. She also acknowledged the support of Advisor to CM on Finance, Muzzammil Aslam. “Their guidance played a vital role in KPRA’s success,” she noted.
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Acknowledging the contribution of taxpayers, Fouzia Iqbal said, “Our taxpayers are the cornerstone of our revenue system. Their compliance and commitment have made this unprecedented achievement in KPRA revenue collection FY 2024-25 possible.”
She added that KPRA remains committed to providing a transparent and taxpayer-friendly environment. “It is yet another proud milestone for KPRA. We have not only met but surpassed our revenue targets with an impressive surplus. This reflects the dedication and professionalism of our team,” she said.
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Looking ahead, she expressed confidence in maintaining the same momentum. “If we maintain the same spirit and commitment, I am confident that we will exceed next year’s targets as well. We will continue to contribute towards making Khyber Pakhtunkhwa a fiscally self-reliant province.”
