Investor Presentaiton
Chapter II - Estimates of Receipts
Provincial Tax Revenue Sources
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TAX
Punjab Revenue
Authority
Sales Tax on Services,
Infrastructure
Development Cess
Board of Revenue
Agricultural Income
Tax, Stamp Duty, Land
Revenue etc.
Excise & Taxation
Department
Motor Vehicle Tax,
Urban Immovable
Property Tax,
Provincial Excise,
Professional Tax etc.
The details of taxes budgeted for FY 2020-21 is presented below:
Energy Department
Electric Duty
Transport Department
Route Permit Fee
(PKR Billion)
Tax Receipts
Punjab Revenue Authority
BE 2019-20
166.550
RE 2019-20
105.000
BE 2020-21
125.000
Sales Tax on Services
161.550
101.820
121.000
Punjab Infrastructure Development Cess
5.000
3.180
4.000
Board of Revenue
81.156
62.500
56.000
Agricultural Income Tax
2.074
2.074
2.500
Registration of documents
0.075
0.181
0.074
Land Revenue
18.286
14.500
20.000
Capital Value Tax
0.000
0.118
0.000
Stamp Duty
60.721
45.627
33.426
Excise, Taxation & Narcotics Control Dept.
39.700
23.001
32.364
Urban Immovable Property Tax
14.362
9.690
14.500
Tax on Professions, Trades and Callings
1.800
0.704
1.200
Receipts under Motor Vehicles
15.850
9.703
13.031
Other Direct Taxes
Provincial Excise
Tax on Luxury Houses
Other Indirect Taxes
0.000
0.000
0.000
7.140
2.518
3.114
0.100
0.088
0.092
0.448
0.298
0.427
Energy
6.847
0.156
6.847
Electricity Duty
6.847
0.156
6.847
Transport
0.710
0.431
0.675
Motor Vehicles fitness certificate and permit fee
0.710
0.431
0.675
Total Provincial Tax Revenue
294.963
191.088
220.886
The above table shows that tax collection by the Punjab Government during FY 2020-21 is estimated at PKR 220.89 billion, as compared to BE
2019-20 of PKR 294.96 billion. Major decrease in Provincial revenue is expected due to decline in economic activity as a consequence of
COVID-19. Furthermore, as highlighted earlier the fiscal strategy adopted is one of providing maximum relief to the public which includes
reduced rates on PSTS for around 23 sectors.
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