Khyber Pakhtunkhwa Revenue Authority (KPRA), as a corporate entity, was established under the Khyber Pakhtunkhwa Finance Act, 2013, with the mandate to administer and collect Sales Tax on Services & Infrastructure Development Cess. KPRA is governed, with relative autonomy, and has been placed under the Finance Department to have an interface with the Government. While, the Council acts as Policy Making body chaired by the Honorable Chief Minister, Khyber Pakhtunkhwa, and comprising of three (03) Cabinet Ministers for Finance, Law and Excise and Taxation, Chief Secretary, Secretaries of the Finance, Law, Excise, Taxation and Narcotics Control departments and four representatives nominated by the Government from the private sector.
KPRA also devised several strategies including elaborate communication strategy for increased emphasis on informed compliance. The transition team of KPRA was also successful in securing the technical assistance of multiple development partners for assistance in governance reforms.
Transparency and organizational integrity is the hallmark of KPRA being nascent financial institution. Besides an efficient financial management system is in place ensuring preparation of financial statements of the accounts, statement of revenue receipts, its reconciliation with the Accountant General, Khyber Pakhtunkhwa; and regular conduct of external and internal audit, managing risks, and continuous monitoring of internal processes in order to build confidence of the taxpayers and achieve the strategic goals of KPRA.
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