ITR Filing 2023: 25 Banks Now Offering E-Pay Tax Service For Income Tax Payment In India; Check List Here

Paying income tax has become easier and more convenient for taxpayers in India, thanks to the availability of electronic payment services. The Income Tax Department has expanded its e-payment facility to include a total of 25 banks, offering taxpayers a wide range of options to fulfill their tax obligations seamlessly.

It is crucial to note here that you can also pay your taxes online using the e-pay tax service. The Income Tax Department offers e-pay tax services, which let you pay your taxes via the internet using your net banking account. Here is a list of the 25 banks that are currently providing the e-pay tax service.

List of banks with E-Pay facility:

1. Axis Bank
2. Bank of Baroda
3. Bank of India
4. Bank of Maharashtra
5. Canara Bank
6. Central Bank of India
7. City Union Bank
8. DCB Bank
9. Federal Bank
10. HDFC Bank
11. ICICI Bank
12. IDBI Bank
13. Indian Bank
14. Indian Overseas Bank
15. IndusInd Bank, New Bank
16. Jammu & Kashmir Bank
17. Karur Vysya Bank
18. Kotak Mahindra Bank
19. Punjab National Bank
20. Punjab and Sind Bank
21. RBL Bank
22. State Bank of India
23. South Indian Bank
24. UCO Bank
25. Union Bank

Who Can Make Use of This E-Payment Service?

A) who have a bank account with a net-banking facility

B) if your bank is one of the financial institutions that offers an e-payment option, you can begin using the service.

What Should You Do If Your Bank Isn't Authorised To Accept E-Tax Online Payments?

If your bank does not accept online payments or is not an authorised bank, you may pay your taxes electronically from the account of another person who has an account with an authorised bank that accepts online payments. However, your Permanent Account Number (PAN) must be properly stated on the challan used to make this payment. Deadline for ITR filing The deadline for filing ITRs for FY 2022-23 (AY 2023-24) is July 31, 2023. ITR filing on time is critical for complying with tax regulations, avoiding fines, claiming timely refunds, keeping correct financial records, and facilitating financial transactions.