Punjab Govt to Launch App for All Sorts of Tax and Excise Payments

Punjab government has decided to launch an app for all business-to-government (B2G) and open to-government (P2G) payments to encourage the majority and increase the revenue collection with an easy payment solution.

This has been uncovered by Punjab's Finance Minister, Makhdoom Hashim Jawan Bakht, in a joint gathering of the money office and PITB at the Punjab Revenue Authority (PTA). Punjab Finance Department and the Punjab Information Technology Board (PITB) are building up this application together. 

“The program will allow people of Punjab to pay taxes using three different electronic payment channels; namely mobile banking, ATM and over the counter (OTC),” said the minister. 

The minister opined that the application will be a useful option in contrast to the decades-old installment strategy that required physical visits to accumulation workplaces over the area for expense installments. 

"Those visits expected clients to remain in long lines and trust that numerous hours will make good on their regulatory obligations. Such practices by implication empowered pay off and defilement, however, the cell phone application will enable clients to pay their contribution from the solace of their homes," he said. 

In the primary stage, 12 diverse assessments of the Board of Revenue, Excise Department, Punjab Land Record Authority, and Industry Department will be paid by utilizing the application. 

These taxes incorporate engine vehicle enlistment, token expense, a move of engine vehicle, property charge, cotton charge, proficient duty, e-stepping, deals charge on administrations, e-stepping, change charge, business enrollment expense, and Punjab framework advancement cess. 

The app will generate a 17-digit novel PSID number that will be utilized for the installment of fundamental assessments through ATM, web/portable banking, or bank visits. The provincial finance minister further told that other payment channels will be added later. “Additionally, it is also planned to include government-to-public (G2P) and government-to-business (G2B) payment models in future to broaden the horizon of the program”, said the minister. “The name and final launch date of the application will be announced soon,” he added.