* Digital payments and fintech platform PhonePe on Monday (24th July 2023) launched a feature to pay income tax through its app.
* Aim : To allow taxpayers to pay self-assessment and advance tax directly from the app using UPI or credit card payments
* To enable this feature, the company has partnered with PayMate, a B2B payments and service provider.
* Users can get a 45-day interest-free period and earn reward points on their tax payments, depending on their bank
* The challan for the tax payment will be available within two working days.
Source : Hindustan Times