ZRA targets K125.3bn in 2024
Published On October 3, 2023 » 680 Views» By Times Reporter » Business, HOME SLIDE SHOW, SHOWCASE, Stories
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•ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda making a presentation at the National Symposium on the 2024 National Budget in Lusaka yesterday. Picture courtesy of ZRA

THE Zambia Revenue Authority (ZRA) is next year expected to collect K125.3 billion from tax and non-tax revenues from the estimated target of K103 billion this year.
This represents a 25.5 percent increment in revenue collections.
ZRA Commissioner General Dingani Banda says the increase in next year’s domestic revenue mobilisation will largely be driven by Value Added Tax (VAT) which is estimated to grow by 24.5 percent from K29 billion in 2023 to K36.3 billion next year.

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