Categories: Business

People will soon be able to pay taxes via ATMs

F.P. Report

KARACHI:  Federal Board of Revenue (FBR) claimed that soon people will be able to pay their federal taxes and customs duties through internet banking and ATMs.

As per the issued on Monday, the State Bank of Pakistan (SBP), Federal Board of Revenue (FBR) and 1LINK signed an agreement to initiate a mechanism with the aim to facilitate the people and providing them assistance in paying the taxes and customs duties and the system will be operational by the end of 2017.

Speaking on the occasion, Finance Minister Ishaq Dar congratulated the SBP and FBR for initiating the project, which will revolutionize the tax collection mechanism.

SBP Governor Tariq Bajwa said the initiative is part of the SBP Vision 2020, which envisages the development of a robust payment system.

 

The Frontier Post

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