Islamabad, November 13, 2024 – In a move towards modernizing Pakistan’s tax infrastructure, the Federal Board of Revenue (FBR) launched its latest digital innovation, ePayment 2.0, on Wednesday.
This new system enables taxpayers to make direct payments for taxes and duties securely and efficiently, all from the comfort of their bank accounts.
The FBR’s launch of ePayment 2.0 is a significant step aligned with the government’s commitment to advancing tax administration through digital solutions. The new system is integrated directly within the IRIS 2.0 portal, a comprehensive platform designed to simplify tax processes for individuals and businesses across Pakistan. Through ePayment 2.0, taxpayers can complete transactions online via internet banking, ATMs, and mobile banking apps, eliminating the hassle of visiting banks physically.
The ePayment 2.0 platform encompasses a wide array of taxes, including Income Tax, Sales Tax, Federal Excise Duty, and Withholding Taxes. This new development replaces the previous ePayment system, which required users to access a separate portal. With ePayment 2.0, all necessary tax payment features are now unified under the IRIS 2.0 interface, enabling taxpayers to manage their tax obligations more conveniently and efficiently.
One of the key features of ePayment 2.0 is the simplified generation of a unique Payment Slip ID (PSID), which allows both registered and unregistered taxpayers to complete payments quickly and accurately. Upon successful payment, the system issues a Computerized Payment Receipt (CPR), which is sent via email and SMS, providing users with instant confirmation. This streamlined experience makes record-keeping and future compliance simpler, as taxpayers can easily retrieve payment receipts within the IRIS 2.0 platform.
The new system introduces a precise multi-step workflow designed to minimize errors and delays, making tax payments more reliable. Taxpayers can generate a PSID, proceed with payment through various banking channels, and instantly receive a CPR, creating a seamless and transparent process. To further support user convenience, ePayment 2.0 includes an enhanced PSID search feature, allowing taxpayers to retrieve their payment records with ease. This automation and integration improve not only the accuracy of payments but also the overall efficiency of Pakistan’s tax system, reflecting FBR’s vision for a compliant and business-friendly environment.
The inauguration of ePayment 2.0 was held at PRAL Headquarters in Islamabad, attended by Aisha Farooq, FBR’s Director General (IT&DT). Her remarks emphasized the strategic value of this digital initiative within FBR’s broader modernization efforts. She highlighted how the system not only simplifies the tax payment process but also reinforces FBR’s role in setting new standards for digital tax administration.
By integrating ePayment 2.0 into IRIS 2.0, FBR provides taxpayers with a streamlined, user-friendly experience that removes the need for multiple platform logins and creates a single, cohesive interface. This unified portal allows taxpayers to manage all essential functions from one place, making tax compliance easier and more accessible.
With this launch, FBR reinforces its commitment to supporting taxpayers and fostering a digitally progressive Pakistan. Through ePayment 2.0, FBR continues to lead in digital innovation, making tax administration not only efficient but also accessible for the people of Pakistan.
