Premier RoboCow virtuous Milk ATM Machine Introduced in Lahore

Premier RoboCow virtuous Milk ATM Machine Update:

Innovation and technology are taking Pakistan by a storm.

With so many new startups popping up every day, a lot of them are introducing new concepts we never imagined would make it to Pakistan.

Most Importantly, remember when you had to queue up at a milkman’s shop and pay for the milk once it was your turn?

Those days may be finally coming to an end, thanks to an innovative new idea that puts the milkman out of the equation.

If you have a bank account, you must visit an ATM machine to withdraw cash. Premier RoboCow virtuous Milk ATM Machine.

Because, what if we tell you that now you, instead of cash, can ‘withdraw’ pure milk in a similar fashion from an ATM?

Read Also: FBR SBP Tax Customs Duty Payments Using ATM Internet Banking to Launch Soon

Shocked? So were we, when we first hear of the concept.

Details of Premier RoboCow virtuous Milk ATM Machine

A milk company in Lahore, Mr. Farmer is just an example of a startup which is trying to innovate how milk is bought.

The premium pasteurized milk retailer is setting up Milk Vending Machine across Lahore.

Its new ATM, which it has dubbed as RoboCow, can help you get access to milk. Premier RoboCow virtuous Milk ATM Machine.

Therefore, Milk Vending Machine works just like a normal ATM machine.

Inspiration of RoboCow

‘RoboCow,’ is seemingly inspired by RoboCop, a famous sci-fi flick.

This Milk Vending Machine requires you to put in some money, and in return provides you with a liter or more of milk.

Most Importantly, one of the biggest benefits of this Milk Vending Machine is that it is available 24/7. Premier RoboCow virtuous Milk ATM Machine.

Besides that, the company is only operating and managing a couple of these Milk Vending Machine with plans to expand later on.

Therefore, if you want to try Mr. Farmer’s RoboCow Milk Vending Machine, you can go to Rehmat Chowk Market, or in D3 Market Wapda Town, Lahore.

The machine is still in its preliminary phase, so if you don’t find any milk inside, or it isn’t working as intended, don’t be disappointed!

Make sure you guys pay a visit to taste the best milk in town. Premier RoboCow virtuous Milk ATM Machine.

Besides that, also give them a call on 0300 7669960 for free home deliveries.

Main Source: Mehran Post

Sources: Trending.PK, ProPakistani

Image Sources: Mr. Farmer

FBR SBP Online Tax Duties Collection System Launched in Pakistan

FBR SBP Online Tax Duties Collection System Update:

The Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) on Tuesday (20-03-2018) launched an online tax collection system, allowing taxpayers to pay taxes and duties using internet banking accounts or ATMs, without the hassle of visiting bank branches. FBR SBP Online Tax Duties Collection System.

The online tax collection system is live now and the taxpayers can pay their federal taxes including income tax, sales tax, customs duty and federal excise duty through alternative delivery channels — ATM, online banking, phone banking and contact centres — at any time seven days a week. FBR SBP Online Tax Duties Collection System.

The system is based on the 1Link Biller module, whereby FBR has been added as one of the Billers on the banks’ ‘Bill Payment’ page. FBR SBP Online Tax Duties Collection System.

Read: FBR SBP Tax Customs Duty Payments Using ATM Internet Banking to Launch Soon

The system was launched by Haroon Akhtar, Special Advisor to Prime Minister on Revenue in a simple ceremony held at FBR House Islamabad on Tuesday. The Ceremony was also attended by Tariq Bajwa, Governor SBP, Tariq Pasha Chairman FBR, Chairman and CEO 1Link and senior officials of SBP, FBR and Customs. FBR SBP Online Tax Duties Collection System.

On the occasion, Haroon Akhtar congratulated the State Bank of Pakistan, FBR and 1Link for initiating and completing this important project. He said that the online collection system provides much needed relief and convenience to the tax payers and expressed optimism that the business community will take full advantage of the system and pay bulk of their taxes and duties using the online facility. He said as the system provides end to end solution right from filing of the tax return to payment of taxes to recording in government books of accounts and thus will bring efficiency, safety and transparency in Government tax collection system. He added that the system will also be instrumental in improving Pakistan’s ranking in the World Bank’s ease of doing business index.
Launching online systems is the part of Pakistan’s digital strategy, which stresses the need to adopt technology at all governmental and corporate levels that could bring ease of doing business in Pakistan.

Earlier Pakistan has launched an online system for company registration in which made the company registration process hassle-free, as a result, thousands of new companies were registered in Pakistan during the month of February 2018 alone.

How The System Works

The system is online end-to-end, from the generation of payment slip to submission and filing of returns, everything will be done online. Here is how it will go;

• Users can generate Payment Slip ID (PSID) by filling their tax and customs details on FBR (IRIS) and Customs (WeBOC).
• This slip will then be used to access the tax payment details through any ATM or banks’ internet banking.
• The taxpayer will then transfer the due amount to the designated government account. A specified agent can transfer the money on taxpayer’s behalf as well.

FBR has been added as a biller on banks’ payment pages, and taxpayers can visit the FBR page to generate payment slips.
FBR chairman told that held goods will be released immediately after importers pay their taxes and customs duties.
The online/ATM tax payment was previously available on following banks when the system was launched on trial basis;

• Faysal Bank
• Silk Bank
• Bank Islami
• Askari Bank
• Bank Alfalah
• Meezan Bank
• Soneri Bank
• JS Bank
• MCB
• UBL
• Summit Bank
• Bank of Punjab
• Bank Al Habib
• HBL
• ABL
• NBP
• Habib Metro
• ICBC

Source: Mehran Post

FBR SBP Tax Customs Duty Payments Using ATM Internet Banking to Launch Soon

FBR SBP Tax Customs Duty Payments Using ATM Internet Banking Update: State Bank of Pakistan, Federal Board of Revenue and 1-Link have signed an agreement to develop a mechanism enabling public to pay taxes and customs duty using internet banking or ATMs.

FBR SBP Tax Customs Duty Payments Using ATM Internet Banking signing ceremony was chaired by Finance Minister Mr. Muhammad Ishaq Dar. The Advisor to the Prime Minister on Revenue, Mr. Humayun Akhtar Khan was also present in the ceremony.

The FBR SBP Tax Customs Duty Payments Using ATM Internet Banking facility would be available round the clock /7 days a week. As per the proposed mechanism the banks will add FBR (Inland Revenue) and FBR (Customs) as Billers in the Billers Module and develop necessary interface with 1-Link.

After the FBR SBP Tax Customs Duty Payments Using ATM Internet Banking system is made operational, the tax payers/importers will fill their tax and custom duty payment details in the FBR (IRS) and Customs (WeBOC) online modules to generate payment slip ID (PSID). The PSID will then be used to access the tax/duty payment details on banks’ webpage or ATM as the case may be.

Read: SBP Women Entrepreneurs Refinance Credit Guarantee Scheme Officially Launched

The PSID will then be used to access the tax/duty payment details on banks’ webpage or ATM as the case may be. The tax payer or their agent will then pay the tax by debiting his/her bank account for onward credit to the respective government account in SBP BSC. The whole process will be online and fully automated.

The SBP has also advised banks to add FBR and Customs as Billers in the Bill Payment System offered by 1-link and develop necessary integration with 1-link within 2 months i.e. by 5th December 2017. The FBR SBP Tax Customs Duty Payments Using ATM Internet Banking system will be made operational by 31st December 2017 after necessary testing.

The banks have been advised to demonstrate full ownership and commitment for successful and timely implementation of this strategically important project, which will bring huge efficiency gains besides facilitating the public in hassle-free payment of government taxes and duties.

The Governor SBP, on the occasion added that the initiative is part of SBP Vision 2020, which envisages the development of the robust payment system and it’s primarily aimed at facilitating the taxpayers and public at large in payment of taxes. The Chairman FBR, Mr. Tariq Mehmood Pasha, on the occasion said that the project is the result of collaboration and cooperation between FBR, SBP and the private sector and will go a long way in further improving the government tax collection systems.

Initially the online tax payment facility shall be made available for all FBR (Inland Revenue and Customs) taxes including income tax, sales tax, excise duty and custom duty. Subsequently the online collection facility will be extended to other Government entities and provincial governments as well.

This shall be an additional option for payment of taxes as the existing tax payment facility at SBP BSC offices in fifteen cities and NBP branches across the country would remain available.

Stepwise Process Flow

• The taxpayer will access systems of FBR (IRIS) or Customs (WeBOC) and fill his / her tax payment details to generate PSID (payment slip ID) for onward usage.
• For tax payment, taxpayer will visit ATM or Internet Banking Portal and inputs his / her PSID generated in step 1 to fetch the tax payment details. After authentication of the payment details of taxpayer or his / her agent as the case may be, confirms the payment of tax.
• Accordingly taxpayer’s account is debited for onward credit to Government Account at SBP BSC Office through 1link system.
• As soon as the taxpayer’s account is debited, 1link system will generate a message for WeBoc or IRIS systems that payment against the PSID has been received.
• For confirmation, taxpayer may view electronic display of payment confirmation on screen of ATM or Internet Banking Portal; bank may also send SMS to taxpayer.
• 1Link will prepare MT-202 files (bank-wise) for settlement through RTGS.
• Simultaneously 1Link will also prepare a detailed report / file of individual transactions containing PSID wise detail of taxes collected through its system.
• Files of MT-202 messages and individual transactions will be fetched from 1links secured FTP and then posted for settlement in RTGS and SBP’s Core Banking system respectively.
• Reports from Core Banking system based on unique transaction IDs (e-CPR) mapped with PSIDs of IRIS or WeBOC systems will be uploaded at Data Acquisition Portal (DAP) of SBP.
• FBR’s IRIS and Customs WeBOC systems will fetch the respective reports from DAP for onward uploading in their System.
• Accordingly e-CPR / unique transaction ID will be available to the taxpayers through FBR’s systems i.e. IRIS and WeBOC.

Source: Mehran Post