Key Point of IndusInd Bank Adopts Direct Tax Collection System of CBDT:
- IndusInd Bank is offering seamless tax payment services to its customers through the TIN2.0 platform launched by the Income Tax Department.
- The Bank is an Agency Bank appointed by the Reserve Bank of India, allowing customers to pay Direct Taxes through its Retail or Corporate Net Banking platform, or by visiting any IndusInd Bank branch and paying through Cash, Cheque, or Demand Draft.
- Mr. Sumant Kathpalia, MD & CEO of IndusInd Bank, expressed his delight and pride in commencing operations as an Agency Bank for the Central Board of Direct Taxes.
- The Bank’s product suite comprises innovative solutions powered by cutting edge digital capabilities, and they are committed to providing a superior experience to its customers and being a ‘partner of choice’ for the Government.
- By offering this new service, IndusInd Bank is reaffirming its position as India’s most convenient Bank and making tax payment easier and more convenient for its customers.
Details of IndusInd Bank Adopts Direct Tax Collection System of CBDT:
IndusInd Bank is now offering seamless tax payment services to its customers through the recently launched tax payment platform, “TIN2.0”, by the Income Tax Department. As an Agency Bank appointed by the Reserve Bank of India, IndusInd Bank customers can conveniently pay their Direct Taxes using the Bank’s Retail or Corporate Net Banking platform, or by visiting any IndusInd Bank branch and paying through Cash, Cheque or Demand Draft.
Mr. Sumant Kathpalia, Managing Director & CEO of IndusInd Bank, expressed his delight on this development and stated that the Bank takes immense pride in commencing operations as an Agency Bank for the Central Board of Direct Taxes. He further added that this is yet another innovative addition to IndusInd Bank’s product suite, which is powered by cutting edge digital capabilities. IndusInd Bank is committed to providing a superior experience to its customers and being a ‘partner of choice’ for the Government.
By offering this new service, IndusInd Bank is making tax payment easier and more convenient for its customers, thus reaffirming its position as India’s most convenient Bank.
About IndusInd Bank:
Headquartered in Mumbai, IndusInd Bank is a financial services company operating in India. The bank provides various commercial, transactional, and electronic banking products and services. Its inauguration took place in April 1994, with the then Union Finance Minister Manmohan Singh presiding over the event.
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