<ul><li>PhonePe has launched the 'Income Tax Payment' feature on its app, allowing taxpayers to pay self-assessment and advance tax directly from within the app.</li><li>The feature is in partnership with PayMate, a digital B2B payments and service provider.</li><li>Users can pay taxes using their credit card or UPI, with credit card payments offering a 45-day interest-free period and reward points depending on the bank.</li><li>Taxpayers receive a Unique Transaction Reference (UTR) number as an acknowledgement within one working day, and the challan for the tax payment within two working days.</li></ul>

PhonePe launches income tax payment feature on its app

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