News

E-Pay Punjab’s Tax collection exceeds Rs. 25 billion with 5.5 million transactions

According to a press release issued to the media by the Punjab Information Technology Board (PITB) on Tuesday, the tax revenue collection for e-Pay Punjab has exceeded Rs. 25 billion. The Chairman of the PITB, Azfar Manzoor, was informed of the development in a performance review session chaired by him. It was also revealed during the session that the app has executed more than 5.5 million online transactions.

According to the press release, the director-general PITB, Faisal Yousuf, participated in the session among other officers of the PITB. The press release further stated that the citizens could use the app to make payments during the COVID-19 pandemic.

The ePay Punjab is the first-of-its-kind government payment gateway that facilitates citizens and improves ease of business. A collaboration between the PITB and Punajb’s finance department, the e-Pay app lets citizens pay various kinds of taxes, including those related to education, irrigation, transport, and labor.

e-Pay has proved to be a game-changer ever since its launch in 2019. It crossed 4.3 million transactions in February this year, with PKR 20 billion in tax revenue collected. The next month, the app collected PKR 22.9 Billion in tax through more than 5 million transactions.

Read More: Mastercard discusses collaboration with PITB to explore digital payment solutions.

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Share
Published by
Ahsan Zafeer

Recent Posts

Weekend Brings Positive Change in Lahore’s Air Quality Index

LAHORE: Lahore's air pollution levels showed significant improvement over the weekend, with the overall Air…

10 hours ago

PTA Streamlines VPN Registration for Freelancers

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has streamlined the procedure of registering Virtual Private Networks…

10 hours ago

Report Predicts PSX Will Hit 127,000 by December 2025

The Pakistan Stock Market (PSX), fuelled by economic stability and budgetary consolidation, is expected to…

10 hours ago

Lahore Completes Preparations for Artificial Rain Project

The Punjab government is advancing plans to generate artificial rain in Lahore to further enhance…

12 hours ago

Indus Motor Company Suspends Toyota Car Production

Indus Motor Company (IMC), which makes Toyota cars in Pakistan, has said that production will…

12 hours ago

Azerbaijan Shows Interest in J-10Cs After Acquiring JF-17s from Pakistan

At the 2024 Zhuhai Air Show, the J-10C "Vigorous Dragon" fighter jet has emerged as…

12 hours ago