E-Pay Punjab collects over Rs90 billion tax revenue

E-Pay Punjab collects over Rs90 billion tax revenue

E-Pay Punjab collects over Rs90 billion tax revenue
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KARACHI: E-Pay Punjab has collected over Rs90 billion tax revenue through 17 million transactions since its launch in October 2019, a statement said.
E-Pay Punjab, an online payment solution is a joint initiative of Punjab Information Technology Board (PITB) and Punjab Finance Department.
The online payment solution has collected total revenue of Rs57 billion in sales tax, Rs11.5 billion in token tax, Rs9 billion in property tax, Rs4 billion traffic challans and Rs440 million as transfer of motor vehicles.
E-Pay Punjab is now offering online payments of 23 taxes and levies for 10 different departments. The application’s integration with the State Bank of Pakistan (SBP) and all scheduled banks through the 1-Link network makes it a secure and reliable payment channel.
Having more than 1 million downloads, e-Pay Punjab application generates a unique PSID number that is accepted by banks across Pakistan along with their respective channels, including Internet and Mobile Banking, ATM and Over the Counter (OTC) physical branch visits.

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