Tag: online payment

  • Punjab’s ePay system collects over Rs90 billion tax revenue through 17 million transactions

    Punjab’s ePay system collects over Rs90 billion tax revenue through 17 million transactions

    Since its launch in October 2019, e-Pay Punjab, an online payment solution developed by the Punjab Information Technology Board (PITB) and the Punjab Finance Department, has collected over Rs90 billion in tax revenue through 17 million transactions.

    As per details released by the PITB on Friday, e-Pay Punjab has collected a total of Rs57 billion in sales tax, Rs11.5 billion in token tax, Rs9 billion in property tax, Rs4 billion in traffic challans, and Rs440 million in vehicle transfers.

    It’s worth noting that e-Pay Punjab now accepts online payments for 23 taxes and levies from ten different departments. Its 1-Link network integration with the State Bank of Pakistan (SBP) and all scheduled banks makes it a secure and dependable payment channel.

    The e-Pay Punjab application, which has over 1 million downloads, generates a unique PSID number that is accepted by banks across Pakistan through their various channels, including Internet and Mobile Banking, ATMs, and physical branch visits.

    It is also a secure, smart, and fast online payment option for the annual Token Tax. Vehicle owners can use e-Pay Punjab to pay their Token Tax from the comfort of their own homes.

    The app’s primary objective is to make it convenient for the government to gather revenue in the form of taxes through a simple solution. With Pakistan’s first digital tax aggregator, the app demonstrates how Pakistan and its government are rapidly integrating financial technology (fintech) into their processes.

  • Islamabad Traffic Police issues 2,827 challans to unregistered cars, motorcycles

    Islamabad Traffic Police issues 2,827 challans to unregistered cars, motorcycles

    During the current year, the Islamabad Traffic Police (ITP) issued fine tickets to 2,827 unregistered cars and motorcycles.

    The action was taken as part of a crackdown initiated by Inspector-General (IG) Islamabad Police Muhammad Ahsan Younas and led by Senior Superintendent Police (SSP) Traffic Rai Mazhar Iqbal.

    The ITP deployed special enforcement squads to check unregistered automobiles on the roadways as part of the crackdown. Special enforcement teams were stationed throughout the city to keep an eye on the movement of unregistered vehicles. Meanwhile, the SSP (Traffic) asked citizens on Friday to have their vehicles registered as soon as possible and to use only ETO-issued number plates.

    He stated that police officials would not be lenient in this regard. In order to maintain a smooth flow of traffic in the Federal Capital, ITP is taking strict action against vehicles that are parked incorrectly.

    Read more: PM Shehbaz rejects OGRA’s proposal, petrol price to remain unchanged till April 30

    All Zonal DSPs were directed by the SSP Traffic to ensure that traffic laws were followed by citizens by being polite. Citizens should be treated with respect, he emphasized, and he educated them on traffic laws.