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PRA seals three premises | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

PRA seals three premises | The Express Tribune

PRA seals three premises  | The Express Tribune

LAHORE:

The Punjab Revenue Authority (PRA) has intensified its enforcement campaign against tax defaulters across the province, sealing three premises, including a hotel, for tax non-compliance in Lahore and other cities.

According to a PRA spokesperson, the action was taken after tax evasion was established and repeated violations of tax laws were detected. Dozens of food outlets and aesthetic clinics were also issued notices for failing to use Point of Sale (POS) machines, as per a statement issued on Friday.

The spokesperson stated that failure to deposit taxes collected from the public into the government treasury in a timely manner constitutes a violation of the law. He further emphasised that the non-use of POS machines facilitates the concealment of sales records and contributes to tax fraud, undermining the integrity of the tax system.

To ensure transparency in tax collection through digital monitoring, the implementation and use of POS machines is mandatory across the province. The public has also been advised to obtain only PRA-verified receipts bearing the official QR code after making payments to ensure that their transactions are properly recorded and verified by the authority.

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