DCB Bank goes live on new income tax collection portal (TIN 2.0)
Taxpayers will now have access to a single platform for electronic filing and payment of taxes. A new-generation private sector bank, DCB Bank, declared today that a new Direct Tax collection system integrated with the Government of India Income Tax Portal (TIN 2.0) has been successfully put into place. Taxpayers will have access to a convenient single platform through this integration for both tax payments and the electronic submission of tax returns.
Customers of DCB Bank can conveniently pay their Direct Taxes through three main channels: personal and business internet banking, branch visits, and the use of payment methods including cash, cheque, or demand draft. Customers can access the tax collecting platform by registering an account on the e-filing portal for the Income Tax Department, which will allow them to quickly and easily get a challan reference number with PAN/TAN details for their tax payments from any location. The challan reference number can then be used to make payments through authorised methods.
DCB Bank, Head Retail Banking, Mr. Praveen Kutty said, “DCB Bank provides taxpayers with a quick, secure and efficient direct tax payment facility. This online facility is convenient and enables taxpayers to submit the payment from the comfort of their home or office, resulting in substantial time and cost saving. The process involves the benefit of instant payment acknowledgement and the issuance of a challan receipt, all without incurring any charges. Our grateful thanks to the Central Board of Direct Taxes (CBDT), Government of India for their support in this endeavour.”
DCB Bank Limited is an India-based private sector scheduled commercial bank. It is one of the new generation banks that the Reserve Bank of India, the country’s bank regulator, granted a licence to operate as a scheduled commercial bank. The licence was granted to DCB Bank on May 31, 1995. The business divisions of DCB Bank include retail, micro-SME, SME, mid-Corporate, agriculture, commodities, government, public sector, Indian banks, cooperative banks, and non-banking financial firms (NBFC). The Aga Khan Fund for Economic Development (AKFED) is the bank’s promoter, holding around 15% of the company. Approximately 39.4% of the Resident Individual category’s shares are held by the public.
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Updated: 23 Jun 2023, 11:11 PM IST
