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CDA decides to launch online tax payment system

09:50 AM | 6 Oct, 2020
CDA decides to launch online tax payment system

ISLAMABAD – In a bid to create ease to the tax payers of the Federal capital through internet banking, Capital Development Authority (CDA) has decided to launch online tax payment system to enable the residents of Federal capital to pay their taxes using internet banking accounts.

According to a news release, the online payment system will provide much needed relief and convenience to the taxpayers, besides having positive impact on the payment system's efficiency and effectiveness and CDA management is taking concrete steps for providing state of the art facilities to the residents, says a news release.

Once cash strapped CDA, had started gradually gaining financial stability since last one year and now due to effective policies and confidence of the general public in these policies, authority is racing towards gaining financial stability.

CDA has collected revenue amounting to Rs 989 million in the first quarter of the current financial year as comparing to the targets of Rs 2,000 million, APP reported.

The revenue generated will be spent on the development of the city particularly for executing public welfare projects, beautification and uplift of infrastructure of the city.

Young, Idealistic but Determined

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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