The Punjab government has decided to launch an app for all business-to-government (B2G) and public-to-government (P2G) payments to facilitate the masses and increase revenue collection with an easy payment solution.
This was revealed by Punjab Finance Minister Makhdoom Hashim Jawan Bakht at a joint meeting of the Finance Department and the PITB at the Punjab Tax Authority (PTA). The Punjab Finance Department and the Punjab Information Technology Council (PITB) are developing this application together.
“The program will allow people from Punjab to pay taxes using three different electronic payment channels; i.e. mobile banking, ATM and over-the-counter (OTC), ”said the minister.
The minister opined that the app would be a useful alternative to the decades-long payment process that required physical visits to province-wide collection offices for tax payments.
“These visits required customers to stand in long lines and wait long hours to pay their taxes. Such practices indirectly encouraged bribery and corruption, but applying the mobile phone will allow customers to pay their debts in the comfort of their homes, ”he said.
In the first phase, 12 different taxes from the Revenue Board, Tax Department, Punjab Land Registration Authority and Industry Department will be paid using the app.
What Types of Taxes available
These taxes include motor vehicle registration, symbolic tax, vehicle transfer, property tax, cotton tax, business tax, e-stamp, service sales tax, e-stamp, mutation fee, Punjab’s enterprise and infrastructure development.
How it works
The app will generate a unique 17-digit PSID number that will be used to pay required taxes through ATMs, internet / mobile banking or bank visits.
The provincial finance minister also said other payment channels will be added later. “Also, it is also planned to include government-to-public (G2P) and government-to-business (G2B) payment models in the future to broaden the program horizon,” said the minister. “The name and release date of the application will be announced soon,” he added.