Federal Financial institution, Kotak Mahindra Financial institution is now licensed to gather direct tax funds; Know the best way to e-pay tax

Photograph : BCCL

e-filing web site Now gives pre-login and post-login e-pay tax service by way of two extra licensed banks, Kotak Mahindra Financial institution and Federal Financial institution. Each these banks at the moment are accepting tax funds in each over-the-counter and internet banking types.

federal financial institution

Based on a press launch issued by the financial institution, people can now pay their taxes immediately utilizing any of their out there fee strategies together with Debit/Credit score Card, UPI, Internet Banking, Money, NEFT/RTGS, and many others. NRIs, home clients, and any tax paying citizen in India can current a tax challan and pay the identical at any financial institution location.

“The e-filing web site now gives e-pay tax service in pre-login and post-login mode by way of two newly licensed banks particularly Kotak Mahindra Financial institution and Federal Financial institution. Each these banks are presently accepting fee for taxes by way of each over-the-counter and internet banking modes. Tax fee by way of NSDL web site (Protean) can be out there for taxpayers as per the prevailing process,” in keeping with the Revenue Tax Division.

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There isn’t a want for taxpayers to register or confirm for his or her PAN/TAN, which eliminates any tax fee delay.

Kotak Mahindra Financial institution

People and firms pays their direct taxes by way of the e-pay tax tab of the portal utilizing Kotak internet banking or by visiting a department. It should make tax fee easy, fast and handy for its clients.

Listed here are the licensed banks in keeping with the Tax Data Community (TIN) web site: Allahabad Financial institution, Andhra Financial institution, Axis Financial institution, Financial institution Of Baroda, Financial institution Of India, Financial institution Of Maharashtra, Canara Financial institution, Central Financial institution Of India, Company Financial institution, Dena Financial institution , HDFC Financial institution, ICICI Financial institution, IDBI Financial institution, Indian Financial institution, Indian Abroad Financial institution, Jammu & Kashmir Financial institution, Oriental Financial institution of Commerce, Punjab & Sind Financial institution, Punjab Nationwide Financial institution, State Financial institution of India, Syndicate Financial institution, UCO Financial institution, Union Financial institution of India, United Financial institution of India and Vijaya Financial institution.

The right way to Pay Your Revenue Tax On-line as per Revenue Tax Web site

Step-1” http://www.tin-nsdl.com > Providers > e-payment . Go to and Login

Step-2: Choose the related challan i.e. ITNS 280, ITNS 281, ITNS 282, ITNS 283, ITNS 284 or Kind 26QB Demand fee (just for TDS on sale of property).

Step-3: Enter PAN/TAN (as relevant) and different obligatory challan particulars like head of account underneath which fee is made, handle of taxpayer and financial institution by way of which fee is to be made and many others.

Step-4: Once you submit your information, a affirmation field will seem. If PAN/TAN ITD is legitimate as per PAN/TAN grasp, then full title of the taxpayer will probably be introduced on the affirmation display screen.

Step-5: After affirmation of the entered information; The identical will probably be despatched to the taxpayer on the net-banking web site of the financial institution.

Step-6: Log in to the net-banking web site with Person ID/ Password and enter the fee particulars on the financial institution web site. When you select the Debit Card possibility, present the required card data.

Step-7: After a profitable fee, a challan counterfoil with CIN, fee data and the title of the financial institution from the place the e-payment was made will probably be displayed. This counterfoil serves as a proof of fee.

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