AXIS BANK LAUNCHES INCOME TAX PAYMENT FACILITY AT ATMS

Axis Bank announced the launch of the facility to pay income tax at ATMs.

This facility, initially, will be available at select ATMs in the major centres and will shortly be made available at all 5,600-plus ATMs across the country, the bank said.

Axis Bank customers holding ATM/debit cards can use this facility to pay income tax/other direct taxes using Axis Bank ATMs.

The Central Board of Direct Taxes (CBDT), as a part of its e-Governance initiative to provide more convenience to taxpayers, had advised authorised banks to roll-out the facility to pay tax using ATMs. Axis Bank is the first private sector bank to make this facility available for its large tax-paying customer base.

SOURCE: http://articles.economictimes.indiatimes.com/2011-02-25/news/28634303_1_income-tax-tax-payers-direct-taxes