Paying Income Tax Made Easy with PhonePe’s New Feature

It’s that time of the year when taxpayers are busy filing their Income Tax Returns (ITR) for the financial year 2022-23.

The deadline is approaching, and the government won’t extend it beyond July 31.

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But here’s good news – PhonePe has introduced a convenient ‘Income Tax Payment’ feature on its app.

The new feature allows users to pay taxes from the comfort of their homes with just a few clicks.

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The new PhonePe feature enables both individual and business taxpayers to assess and pay their taxes directly within the app.

No need to log in to any external portal.

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PhonePe has partnered with PayMate, a digital B2B payment and service provider, to make this feature possible.

Using this feature, users can pay taxes easily using their credit cards or UPI.

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Credit card payers get extra benefits, including an interest-free period of 45 days and the possibility of earning reward points from their respective banks.

3-step guide to paying Tax on PhonePe

Step 1: Open the PhonePe app on your iPhone or Android smartphone. Find the ‘Income tax’ icon on the homepage and tap on it.


Step 2: Select the type of tax you want to pay, along with the assessment year and PAN card details.

Enter the total tax amount and choose your preferred payment method.


Step 3: After a successful payment, the amount will be credited to the tax portal within two working days.

PhonePe ensures that taxpayers receive a receipt with a Unique Transaction Reference (UTR) number within one working day after making the payment.

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Additionally, the tax payment challan will be available to users within two working days.


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