Federal Financial institution
People can now pay their taxes instantaneously utilizing any of their out there fee strategies, together with debit/bank cards, UPI, web banking, money, NEFT/RTGS, and so forth, in response to a press launch issued by the financial institution. NRIs, home clients, and any tax-paying citizen in India can produce a tax challan and pay it at any of the financial institution’s places.
“The e-Submitting web site now provides e-Pay Tax service via two new Licensed Banks particularly Kotak Mahindra Financial institution and Federal Financial institution in each pre-login and post-login mode. These two banks are presently accepting funds for taxes in each Over the Counter and Web Banking modes. Tax fee via NSDL web site (Protean) can be out there to taxpayers as per the prevailing course of,” in response to the Revenue Tax division.
There isn’t any want for taxpayers to register for or confirm their PAN/TAN, which eliminates any tax fee delays.
Kotak Mahindra Financial institution
People and companies will pay their direct taxes via the portal’s e-pay tax tab utilising Kotak Web Banking or by visiting a department. This may make tax fee easy, fast, and handy for its clients.
In line with the financial institution press launch, “In October 2021,
grew to become the primary Scheduled Personal Sector Financial institution to obtain approval as a collections companion for taxes, after the announcement to allow all banks to take part in authorities enterprise. With the answer going stay, the Financial institution continues to be the pioneering participant providing this service within the non-public banking house.”
Beneath are the approved banks in response to the Tax Info Community (TIN) web site:
Methods to epay your earnings tax on-line as per Revenue tax web site
Step-1” Go to and login to http://www.tin-nsdl.com > Companies > e-payment
Step-2: Choose the related challan i.e. ITNS 280, ITNS 281, ITNS 282, ITNS 283, ITNS 284 or Type 26 QB demand fee (just for TDS on sale of property) as relevant.
Step-3: Enter PAN / TAN (as relevant) and different necessary challan particulars like accounting head beneath which fee is made, tackle of the tax payer and the financial institution via which fee is to be made and so forth.
Step-4: Whenever you submit your knowledge, a affirmation field will seem. If the PAN / TAN is legitimate in response to the ITD PAN / TAN grasp, all the identify of the taxpayer might be introduced on the affirmation display.
Step-5: Following affirmation of the info entered; the taxpayer might be despatched to the financial institution’s net-banking web site.
Step-6: Login to the net-banking web site with the consumer id / password and enter fee particulars on the financial institution web site. Should you selected the Debit card possibility, present the mandatory card data.
Step-7: After a profitable fee, a challan counterfoil with the CIN, fee data, and financial institution identify from whence the e-payment was made might be displayed. This counterfoil serves as proof of fee.