Business

FBR launches ‘ePayment 2.0’ to streamline tax payments

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Web Desk

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a new payment creation system, ePayment 2.0, within the IRIS 2.0 portal.

As per the details, this innovative platform is designed to streamline tax payments for taxpayers across Pakistan, offering a secure, efficient and user-friendly way to make online payments directly from bank accounts through internet banking, ATMs, and mobile banking.

The FBR said the launch of the system is in line with the government’s vision to modernize tax infrastructure across the country.

ePayment 2.0 represents a significant step in revenue management, covering a range of taxes, including income tax, sales tax, federal excise duty, and withholding tax.

Earlier, taxpayers had to use a separate ePayment system outside IRIS 2.0, switching between portals. Now, e-Payment 2.0 provides a unified and enhanced user interface within IRIS 2.0.

The new system generates a unique Payment Slip ID (PSID), which enables fast and easy payments for both registered and unregistered taxpayers.

Once the payment is completed, a Computerized Payment Receipt (CPR) is issued via email and SMS, providing official verification and an accessible record within the IRIS 2.0 system.

The system’s secure, multi-step workflow allows taxpayers to generate PSIDs, complete payments through ADC channels, and receive CPRs in real time, ensuring seamless compliance management within IRIS.

Aisha Farooq, Director General (IT & DT) inaugurated the ePayment system at PRAL Headquarters in Islamabad.

Web Desk

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