FBR has introduced the New Payment Creation System available within the IRIS 2.0 portal
FBR unveiled the New Payment Creation System, or ePayment 2.0, which is accessible through the IRIS 2.0 portal, a cutting-edge platform made to make tax payment procedures easier for Pakistani taxpayers. The necessity for in-person bank visits is eliminated thanks to this cutting-edge system, which makes it possible for taxpayers to make safe, effective, and simple online payments straight from their bank accounts using internet banking, ATMs, and mobile banking.
With its coverage of a variety of taxes, including income tax, sales tax, federal excise duty, and withholding taxes, ePayment 2.0 represents a substantial leap in revenue management. Taxpayers had to transfer between portals in the past since they were using a different ePayment system outside of IRIS 2.0. FBR has now made an enhanced and unified user interface available immediately within IRIS 2.0 with ePayment 2.0. Both registered and unregistered taxpayers can make payments quickly and easily by creating a unique Payment Slip ID (PSID). A Computerised Payment Receipt (CPR), which offers formal confirmation and convenient access for future usage inside the IRIS 2.0 system, is sent by email and SMS upon payment completion.
The system enables taxpayers to produce a PSID, complete payment across ADC channels, and receive a Computerised Payment Receipt (CPR) in real-time, accessible for future compliance needs within IRIS, through a precise, secure multi-step procedure. It has a thorough PSID search function to improve accountability and transparency, making it simple for taxpayers to locate and verify payment information. By reducing errors and delays, this degree of automation and integration enhances the tax payment process and advances FBR’s goal of creating a business-friendly, compliant tax environment..
In addition to streamlining the tax payment process with the launch of ePayment 2.0, FBR has integrated it into the IRIS 2.0 platform, giving taxpayers a smoother, better experience. Multiple logins and platform switches are no longer necessary thanks to this integrated solution, which provides a unified, user-friendly interface. A simplified procedure that unifies all necessary tax payment tasks has now benefited taxpayers, making compliance easier and more simple than before. By putting the user experience first with a streamlined, modernised interface, FBR confirms its dedication to helping taxpayers and building a more productive, technologically advanced Pakistan.
