{"id":20228,"date":"2025-01-10T05:20:08","date_gmt":"2025-01-10T05:20:08","guid":{"rendered":"https:\/\/popularreads.co\/idfc-first-bank-goes-live-on-direct-tax-collection-system-of-cbdt\/"},"modified":"2025-01-10T05:20:08","modified_gmt":"2025-01-10T05:20:08","slug":"idfc-first-bank-goes-live-on-direct-tax-collection-system-of-cbdt","status":"publish","type":"post","link":"https:\/\/popularreads.co\/?p=20228","title":{"rendered":"IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>4 Minute, 10 Second <\/div>\n\n <\/div>

Government of India (GOI) and RBI authorises IDFC FIRST Bank for the collection of Direct taxes.<\/span><\/i><\/span><\/p>\n

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9th<\/sup> January,2025, Mumbai:<\/strong> IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank\u2019s customers can now benefit from an intuitive, hassle-free payment experience for paying their Direct Taxes, with easy access to downloadable challans, easy payments and instant payment confirmations.<\/span><\/span><\/p>\n

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The Bank\u2019s customers can use the user-friendly Retail and Corporate Internet Banking platforms of IDFC FIRST Bank, or pay the taxes at any IDFC FIRST Bank branch using Cash, Cheque or Demand Draft.<\/span><\/span><\/p>\n

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Speaking on the development, Mr. Chinmay Dhoble, Country Head \u2013 Retail Liabilities at IDFC FIRST Bank<\/strong>, said, \u201c<\/span>We are a Universal Bank and are building a complete suite of products and services to represent Universal Banking. Payment of Income Tax and GST were the only two significant services that were lacking in our proposition. We are delighted that with the approval of CBDT, Government of India and the RBI, we are now authorised to collect taxes on behalf of CBDT, GOI.<\/span>\u00a0<\/i><\/span><\/p>\n

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In line with our high-quality internet banking services, we have built customer friendly interfaces for ease of our customers. We encourage our customers to use this facility to easily pay their Direct Taxes through IDFC FIRST Bank\u2019s online and branch channels<\/span><\/i>\u201d.<\/span><\/span><\/p>\n

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Steps to Pay Direct Taxes Using IDFC FIRST Bank Internet Banking:<\/u><\/strong><\/span><\/span><\/p>\n