Investor Presentaiton
KPRA DELIVERED RECORD REVENUE GROWTH
AND MANAGED TO AVOID ANY DRASTIC DIP IN
THE CRUCIAL MONTHS DESPITE THE LOCKDOWN
Revenue in PKR Billions KPRA-
Year till date comparison (July-May)
Updated till May 2020
■2018-19
■2019-20
Growth vs LY
2.7
2.2
1.5
1.2
1.2
1.2
1.1
1.1
1.02
0.9
0.87
0.82
1.04 1.0 0.921
1.1
0.79
0.73
0.73
0.74
0.70
0.65
Key drivers of growth
Tax net extension
.
To boost voluntary compliance of sales tax, new
slabs of reduced rates covering 10%, 8%, 5% and 2%
have been introduced
• AOPS and Individuals were offered lower tax rates
with rigorous registration drives all across the
province.
58% 13% 56% 68% 51% 259% 16% 116% 149% -8% 19%
July Aug Sept Oct Nov Dec Jan
Feb
Source: KPRA forecast document June 2020
www.finance.gkp.pk
Mar April May
Lockdown -
30-40% of revenue
typically collected
in the last quarter
of the fiscal year
Process simplification
.
27 taxes have been reduced, and only 29 out of the
previous 83 taxes remain at the standard rate of 15%
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