Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Hong Kong headquarters to anchor fintech firm Reap’s global stablecoin-powered expansion

November 5, 2025

Bihar’s ‘close fight’ sets stage for year of tough Indian state polls for Modi’s BJP

November 5, 2025

Euro tries to recoup amid mounting pressures

November 5, 2025
Facebook X (Twitter) Instagram
Wednesday, November 5
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » PRA warns business establishments – Business & Finance
Economist Intelligence

PRA warns business establishments – Business & Finance

adminBy adminNovember 5, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 7


LAHORE: The Punjab Revenue Authority (PRA) has warned that business establishments will be sealed in the event of unnecessary delays or non-payment of taxes.

The announcement came during a departmental meeting chaired by PRA Chairman Moazzam Iqbal Sipra where officials were briefed on measures to ensure that no provincial or federal institution issues licenses to entities that are not registered with the Authority.

The meeting also reviewed recommendations for amendments to existing laws, and the legal wing was instructed to forward a summary to the law department for further action.

During the session, sector-wise performance targets were discussed, and officers were directed to meet their revenue recovery goals across 11 new sectors by November 14. It was also decided to upgrade the PRA’s monitoring dashboard to enable real-time tracking of registered businesses and tax records across the province.

The chairman emphasized the need to enhance the capacity of divisional enforcement officers through online training programmes. He also directed that the recovery drive against defaulting businesses, those who collect taxes from consumers but fail to deposit them with the Authority, be intensified.

The meeting resolved that any business delaying tax payments without justification or failing to pay altogether will have its business premises sealed. The chairman further instructed that all business operators must ensure the effective use of the Electronic Invoice Management System (EIMS) to promote transparency and accountability in tax collection.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Public Private Partnership Authority: Cheema chairs meeting to discuss framework, strategies – Business & Finance

November 5, 2025
Economist Intelligence

Govt urged to review power tariff policy for Karachi – Markets

November 5, 2025
Economist Intelligence

Transforming economic landscape: Mian Zahid emphasises role of CPEC-II – Business & Finance

November 5, 2025
Economist Intelligence

PEC signs MoUs with 14 leading bodies – Business & Finance

November 5, 2025
Economist Intelligence

PQAMC announces monthly dividend for PQMIP – Business & Finance

November 5, 2025
Economist Intelligence

Aurangzeb for unlocking USD100bn blue economy potential – Business & Finance

November 5, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Public Private Partnership Authority: Cheema chairs meeting to discuss framework, strategies – Business & Finance

November 5, 2025

Govt urged to review power tariff policy for Karachi – Markets

November 5, 2025

Transforming economic landscape: Mian Zahid emphasises role of CPEC-II – Business & Finance

November 5, 2025

PEC signs MoUs with 14 leading bodies – Business & Finance

November 5, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Hong Kong headquarters to anchor fintech firm Reap’s global stablecoin-powered expansion
  • Bihar’s ‘close fight’ sets stage for year of tough Indian state polls for Modi’s BJP
  • Euro tries to recoup amid mounting pressures
  • Star Chinese fund managers pause subscriptions amid stock market frenzy
  • Star Chinese fund managers pause subscriptions amid stock market frenzy

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Hong Kong headquarters to anchor fintech firm Reap’s global stablecoin-powered expansion

November 5, 2025

Bihar’s ‘close fight’ sets stage for year of tough Indian state polls for Modi’s BJP

November 5, 2025

Euro tries to recoup amid mounting pressures

November 5, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.