The Ministry of Revenues signed an agreement to establish an E-payment and E- tax system with different private banks

The Ministry of Revenues signed an agreement to establish an E-payment and E-tax system with different private banks.

The Ministry of Revenues that started the initiative two years ago has agreed with five banks and an internet security agency.

Only two years ago, Commercial Bank was giving this service, and now four private banks have been in the system, it has been announced that it could be undertaken by the restrictions that customers face.

The agreement includes several private banks including the Internet Security Agency, Commercial Bank, Dashen, Awash, Union, and Birhan Banks are banks that will work with the Ministry of Revenues.

It is believed that this agreement will provide the taxpayers a platform where they can announce profit and expense reports without going to any financial institution but simply at the comfort of the taxpayers.

with the increasing number of private companies, the platform will help taxpayers to easily use the service making the process faster and efficient.

Source: FBC