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    Home»Business»GRA exceeds revenue target in quarter one, records GH¢41bn
    Business

    GRA exceeds revenue target in quarter one, records GH¢41bn

    ZamZam UpdateBy ZamZam UpdateApril 7, 2025No Comments2 Mins Read
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    The Ghana Income Authority (GRA) has surpassed its income goal within the first quarter of the yr, recording GH¢41 billion.

    The goal for quarter one was GH¢36 billion.

    Performing Commissioner-Common of the GRA, Anthony Akwasi Sarpong, says the Authority is adopting strategic measures, together with widening the tax base to incorporate the casual sector, particularly within the Ashanti area.

    In the meantime, the Authority is concentrating on to generate a minimum of GH¢220 billion in income for the nation by the top of the yr.

     Mr. Sarpong made the revelation throughout a go to to the Ashanti area’s Tax Providers Centre to pay a working go to to the workers.

    “Our first quarter efficiency has been spectacular with an improved era from the Ashanti area and we’ve got to construct upon that to satisfy our set goal for the yr. We have now been given a GH¢220 billion goal within the finances and we’re very optimistic about crossing this goal.”

    “For the primary quarter [2025], the finances set was GH¢36 billion, however I’m joyful to announce that we’ve got raked in GH¢41 billion by the top of the quarter and that is an enchancment,” he famous.

    The assembly is a part of efforts streamlined by the administration to familiarise with operations of the assorted assortment factors underneath the Authority.

    In 2024, the GRA exceeded its income goal by mobilising GH₵153.5 billion.

    The Ashanti area has, over time, improved in income era targets, with each the customs and home assortment models exceeding their targets in 2024.

    The Commissioner-Common says the Authority is taking a look at methods to broaden the tax internet within the area to rake in additional income from the casual sector.

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