The revenue collected by ePay Punjab has surpassed Rs. 100 billion
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With over 19.4 million transactions, ePay Punjab has reached a revenue milestone of Rs. 100 billion. ePay Punjab announced the development via its social media channels.
The Punjab Information Technology Board (PITB) and the Punjab Finance Department collaborated on ePay Punjab, an online payment solution. It is the first government payment aggregator, allowing individuals to pay their taxes through a variety of electronic payment channels, and it is linked to a State Bank of Pakistan (SBP) via the 1-Link network.
From its introduction in October 2019 to June 2022, ePay Punjab processed 17 million transactions for approximately Rs 90 billion in tax revenue.
A total of Rs. 57 billion in sales tax, Rs. 11.5 billion in token tax, Rs. 9 billion in property tax, Rs. 4 billion in traffic challans, and Rs. 440 million in motor vehicle transfer fees were collected through the online payment system up until June.
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