Business

ZRA exceeds revenue target by K10 billion

PRISCILLA MWILA, Lusaka

DESPITE negative pressure in revenue collection caused by COVID-19, Zambia Revenue Authority (ZRA) has exceeded its target by over K10 billion by collecting over K45 billion in the last six months from the projected K30 billion. And the authority has donated goods worth K2.1 million to the Ministry of Health and University of Zambia (UNZA). ZRA collected K45,420.4 million in gross taxes from January to June this year and refunded K5,146.7 million. ZRA Commissioner General Kingsley Chanda said this yesterday when he donated fridges, television sets and microwaves to the Ministry of Health and ethanol to UNZA management. Dr Chanda attributed the surplus to improved compliance mainly due to CLICK TO READ MORE



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