LAHORE -- Provincial Finance Minister Dr Ayesha Ghaus Pasha has said the matter of any harassment by public sector is needed to be eradicated in tax payments or non-tax revenue
These two components had a combined share of 36pc in total non-tax revenue
The Ministry of Economy and Finance held a workshop yesterday to finalise a draft on a sub-decree managing non-tax revenue
sources, part of the government's attempt to improve its revenue collection.
A decline in revenue collections from the Goods and Services Tax (GST), and lower non-tax revenue
have led to worry about government meeting the fiscal deficit target.
Tax revenue comprises 73% of the total net revenue while 27% comes from non-tax revenue
With slippages on non-tax revenue
and lower than targeted tax collections, the fiscal deficit over the recently concluded fiscal year has been estimated at higher than 4.
The rise in revenue was on an e1/489m increase in indirect taxes, including e1/462m in value added tax, and e1/427m in social security contributions, which more than offset a e1/43m drop in direct tax revenue and a decline in non-tax revenue
by e1/446m, Cystat said.
About 53 percent of the proposed executive budget for next year will be funded by the Internal Revenue Allotment (IRA) share of the city while the remaining 47 percent will be taken from the projected income that the city will generate from its tax and non-tax revenue
The incumbent government in the budget 2014-2015 had kept Rs 56 billion in non-tax revenue
in the budget which was supposed to be fetched through the selling process of licenses.
Nigeria's non-tax revenue
has been steadily growing over the years, but it is still some way from being able to cover the shortfall left in oil revenues.
810 trillion and non-tax revenue
collection is estimated at Rs815 billion.
These heads are expected to be the largest non-tax revenue
generators for the next fiscal year, commencing from July 1.