CBDT: In a statement issued by the Central Board of Direct Taxes, it was said, ‘E-Pay Tax Facility is a better and easier way to fulfill the tax liability of taxpayers. The purpose of this process is to make the process of paying tax easier and faster.
E-Pay Tax Feature: If you also pay income tax every year, then this news is of your use. The Income Tax Department has started a new facility for tax payers. The Income Tax Department said that it has started the ‘E-Pay Tax’ facility on the official online portal to make tax payment easier for taxpayers. In a statement issued by the Central Board of Direct Taxes (CBDT), it was said, ‘E-Pay Tax Facility is a better and easier way to fulfill the tax liability of taxpayers.’ The purpose of this process is to make the process of paying tax easier and faster.
No need to stand in long lines or go to the bank
Under this, people will no longer need to stand in long lines or go to the bank to pay taxes. According to the statement, there will be no worry of long lines in banks, tedious form filling process and last minute tax payment. Understanding the need for more easy payment methods and taking another step towards digitally empowering taxpayers, the Income Tax Department has launched the ‘e-pay tax’ facility on its official online portal.
What is ‘e-pay tax’?
‘E-pay tax’ is a digital facility that allows people to pay taxes online. The Income Tax Department said, ‘This facility is very easy, fast and hassle-free. This will make the work of paying tax easier.’ With this facility, people can pay their taxes from home. For this, they will just need their PAN number and mobile number linked to Aadhaar. There is no need to login or go to the bank.
How does this facility work?
It is very easy to use ‘e-pay tax’. First of all, you have to go to the Income Tax Department’s website incometax.gov.in. Choose the option of ‘e-pay tax’ there. After this, you enter your PAN number and mobile number linked to Aadhaar. Then you can pay the tax amount. You can make payment through net banking, debit card, NEFT / RTGS or payment gateway. After making the payment, you will get a challan receipt, which you can download.
Which taxes can be paid?
Through this facility, you can pay many types of taxes. Like advance tax, if you have to pay tax on income in advance, then you can pay it. Second, self-assessment tax, pay this tax after calculating your tax liability. Apart from this, you can pay regular assessment tax, this tax in response to the notice of the Income Tax Department. You can also pay TDS / TCS through this.
What will be its benefit?
There are many benefits of the ‘e-pay tax’ facility. The biggest benefit is that now you do not need to stand in long queues in the bank. Earlier people used to wait for hours and also had trouble filling the form. But now all this is over. This facility will save time and make the process of paying tax more transparent. This is very helpful for small businessmen and common people. The Income Tax Department says that this will encourage people to pay tax on time.