Home Economy Sindh Adopts Online Tax Payment System

Sindh Adopts Online Tax Payment System

Sindh Adopts Online Tax Payment System
Tri-party agreement for online tax collection system being signed in presence of Sindh Chief Secretary Mumtaz Ali Shah

Under the agreement, taxes can now be paid through bank branches, ATMs, mobile applications, easy money and jazz cash

Karachi: An online tax collection agreement was signed between the Sindh government, State Bank of Pakistan (SBP) and One Link. The tri-party agreement was signed at a ceremony held at the Sindh Secretariat on Friday.

The agreement was signed by Provincial Secretary Finance Syed Hassan Naqvi, CEO 1Link Najeeb Agrawala and SBP Director Finance Qadir Bakhsh. Under the agreement, taxes can now be paid through all bank branches, ATMs, mobile applications and easy money and jazz cash.

Under this agreement, all taxes of Sindh Revenue Board (SRB) and Excise and Taxation Department will be paid online.

Addressing the ceremony, Chief Secretary Sindh Syed Mumtaz Ali Shah said that Sindh Finance Department collects Rs.240 billion in taxes annually and this online tax payment would increase tax collection. “The people should benefit from online tax system,” he said adding that keeping in view the convenience of the people, taxes of Sindh Building Control Authority are already being collected through 1Link.

Mumtaz Ali Shah further said that the whole world is benefiting from the technology and now we are also moving towards digitalization.

The CEO of 1Link said that his company is also collecting a lot of taxes online for the Government of Pakistan and now the government of Sindh has also signed an agreement to collect taxes through 1Link which will further improve the tax collection system. (PR)