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Starting from early December, individual taxpayers will be able to pay taxes online using MPU Debit Card, according to the Internal Revenue Department

From the beginning of December, individual taxpayers will be able to pay taxes online using the MPU Debit Card, according to the Internal Revenue Department. 2021 Starting December 7, individual taxpayers who are paying taxes at 31 Township Revenue Offices in Yangon Region and five Township Revenue Offices in Mandalay Region will be able to pay their taxes through the Start Your Tax Online Payment of the Internal Revenue Department’s website www.ird.gov.mm website www.ird.gov.mm , using the MPU Debit Card e-Commerce . Once the tax has been paid using the MPU Debit Card, the system will first send an e-mail to the taxpayer confirming that the transaction is successful.

Ministry of Planning and Finance The Internal Revenue Department (IRD) aims to streamline tax filing through corporate taxpayers and intermediate taxpayers through electronic payment methods through the Central Bank of Myanmar (CBM-Net). It is possible to pay online using MPU Debit Card. In addition, individual taxpayers will be able to access mobile payment methods, Steps have been taken to pay taxes using electronic payment methods such as MPU e-Commerce. For more information on electronic tax filing, please visit the Internal Revenue Department’s website at www.ird.gov.mm ; Information Team Internal Revenue Department; Office No.-46, Nay Pyi Taw Phone No. 067 – 3430533; 067-3430522. 

People can contact the Information and Technology Division (e-payment Section) at 01-8379021 and the relevant tax office. If we look at the annual revenue collection of the Union, in the 2011-2012 financial year, it was 1691429.766 million kyats, in the 2012-2013 financial year, it was 3373296.761 million kyats, in the 2013-2014 financial year, it was 4458776.351 million kyats. 6517979.368 million in the 2014-2015 financial year; 6314733.657 million in the 2015-2016 financial year; 122430.228 million in the 2016-2017 financial year; 7423724.984 million in the 2017-2018 financial year; 34244206.832 million in the six-month period from April to September 2018; In the 2018-2019 financial year, it received 8360303.568 million kyats. Myanmar’s annual tax revenue was Ks 1683 billion in the 2011-2012 fiscal year. 3373 billion kyats in the 2012-2013 financial year; 4459 billion kyats in the 2013-2014 financial year; 6518 billion kyats in the 2014-2015 financial year; 6315 billion kyats in the 2015-2016 financial year; 7122 billion in the 2016-2017 financial year; 7423 billion kyats for the fiscal year 2017-2018; Between April and September 2018, Ks. 2792 billion; In the 2018-2019 financial year, 7791 billion kyats was collected.

Source: Daily Eleven

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