POLITICAL NEWS

Punjab Govt. to Launch ‘App’ For Tax Collection

Punjab Govt. to Launch ‘App’ For Tax Collection
Punjab Govt. to Launch ‘App’ For Tax Collection
Punjab government will launch a mobile phone application ePay for all the Business-to-Government (B2G) and Public-to-Government (P2G) payments to facilitate the public and improve revenue collection through easy payment collection.

Punjab Finance Minister Makhddom Jawan Bakhat Hashim made the announcement during a meeting of the Punjab Finance Department and the Punjab Information Technology Board (PITB), which jointly developed the application. ePay will allow the citizens of Punjab to pay their taxes using three different electronic payment channels namely internet/mobile banking, ATM and through Over the Counter (OTC) banking transaction.

12 different taxes of the Excise, Board of Revenue (BOR), PRA, Punjab Land Record Authority (PLRA), and Industry department could be paid by the ePay application. These taxes are token tax, Motor Vehicle Registration, Transfer of Motor Vehicle, Property Tax, Professional Tax, Cotton fee, e-Stamping, Mutation fee, Fard fee, Sales Tax on Services, Punjab Infrastructural Development Cess and Business Registration fee.

The minister said the mobile application would help in complete departure from the erstwhile and decades old payment processes which involved physical visits to the collection offices around the province for tax payments. The mobile application would ensure one click reporting for payments received against different levies, bank grade security as per the stated standards and solution complying with regulatory requirements.

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