Skip to main content

List of 24 Banks for Making Online Tax Payments Easily

Image
By
List of Banks for Online Income Tax Payments

24 banks have been cleared by the Income Tax Department including ICICI Bank, RBL Bank, and HDFC Bank. This major step has been taken to accept tax payments made using e-pay tax service available in the e-filing portal. The e-Pay tax facility now allows taxpayers to pay taxes through debit card, net banking, over the counter payment, NEFT, RTGS, and through different payment gateways of authorised banks.

In order to pay tax through e-Pay, taxpayers are required to fill in their Permanent Account Number or PAN and mobile number. You will receive an OTP. After filling OTP, you will be landed on the e-Pay page. Below are the authorised banks for e-Pay purposes-

24 Authorised Banks for the Tax Payment Through E-Pay Service

  • Indian Bank
  • Union Bank
  • Axis Bank
  • UCO Bank
  • Bank of Baroda
  • South Indian Bank
  • Bank of India
  • State Bank of India
  • Bank of Maharashtra
  • RBL Bank
  • Canara Bank
  • Punjab & Sind Bank
  • Central Bank of India
  • Punjab National Bank
  • City Union Bank
  • Kotak Mahindra Bank
  • Federal Bank
  • Karur Vysys Bank
  • HDFC Bank
  • Jammu & Kashmir Bank
  • ICICI Bank
  • IndusInd Bank
  • IDBI Bank
  • Indian Overseas Bank

A Quick Guide to Use the E-pay Tax Service

  • Open the e-filing portal by typing https://www.incometax.gov.in/iec/foportal/ in the search box, and then click on ‘e-Pay Tax’.
  • Fill in your PAN number and mobile number and click on 'continue'.
  • Fill in the 6-digit OTP sent to you on your provided mobile number and click on 'continue'.
  • A success message will pop up on your screen with your PAN/TAN and masked name. Proceed by clicking 'continue'.
  • Select assessment year, minor head, and other details, and then proceed further by clicking on 'continue'.
  • Select the tax payment category that applies to you and continue by clicking on ‘Proceed’.
  • On the 'Add Tax Breakup Details' page, add the breakup of the total amount of tax payment and click on 'continue'.
  • Select payment gateway mode and click on 'continue'.
  • Verify the details in the 'Preview and Make Payment Page' and proceed by clicking on 'Pay Now'.
  • After payment is completed, you will be sent a confirmation email and an SMS. For future reference, you can download the Challan Receipt. You can get all these details under the 'Payment History' tab on the 'e-Pay Tax' page as well after login.

Comments

Post a Comment

Popular posts from this blog

A Full Guide to GST E-Way Bill 2 for Faster Compliance

By
  Have you encountered any challenges while trying to create a GST E-way bill using the government portal? If yes, SAG Infotech is here to provide some important solutions for you. NIC has launched the GST E-Way Bill 2 Portal. Designed to Offer GST E-way Bill Services with High Availability Using the e-way bill site, taxpayers and logistics operators can log in with their current account and password. Data from the GST E-way Bill2 site will be verified, combined, and available on the main GST E-way Bill portal for all business and analytical objectives. To guarantee that e-invoice generation is unaffected, this portal is integrated with another e-invoice portal for e-way bill generation. Users can freely create and amend E-Way Bills using the GST E-Way Bill2 Portal. The seamless integration and merging of the e-Waybill1 and e-Waybill2 systems will lessen reliance on the e-Waybill1 system in emergencies. E-way bill details are synchronised with the main portal in only a few seco...
Post a Comment
Read more

Gen Online Payroll Software for Small Business in India

By
In today's digital world, every person and businessperson works very hard to manage data manually, which can be a time-consuming and labour-intensive task, particularly when information needs to be constantly updated and verified. Likewise, managing large volumes of employee-related data can be a challenging and overwhelming task for HR professionals. Therefore, to address the workload and complexity of these tasks, the IT sector has developed Payroll software. In recent years, we have seen a huge growth in the number of Payroll software options. Yes, there are many types of HR Payroll software available in the Indian market at present. If you're looking for a reliable and popular payroll software option, you can choose Gen Online Payroll software, brought to you by SAG Infotech. Whether the business is medium or small, Gen Payroll software can make managing numerous important tasks of a human resources manager hassle-free. The Online Payroll software assigns a unique ...
Post a Comment
Read more

GST Collection of August 2024 Reaches INR 1.75 Lakh Crore

By
Concerning the financial front, gross GST collections for August 2024 show a strong 10% growth, reaching approximately ₹1.75 lakh crore.  This surge, driven by robust domestic consumption, led to a 9.2% increase in GST revenues from domestic transactions to approximately ₹1.25 lakh crore. Revenue from imported goods also saw a substantial rise of 12.1%, totalling ₹49,976 crores.  Despite the overall growth, there was a slight decrease from the ₹1.82 lakh crore collected in July 2024 when compared month-on-month. However, industry experts remain optimistic.  They point out that the 10% year-on-year increase at the commencement of the festive season is a strong indicator of sustained and potentially growing consumption in the upcoming months. The government's ongoing efforts to simplify the GST process, especially through measures such as adjusting rates to lower working capital expenses, have been positively acknowledged.  This dedication is also evident in the ₹...
Post a Comment
Read more