Quick Summary
The shift from physical tax payments to digital transactions has made it easier for taxpayers to discharge their direct tax liabilities without visiting a bank. Under the Income-tax Act, 2025, taxpayers can make direct tax payments through electronic modes, while e-payment is mandatory for specified categories of taxpayers. The Income Tax Department's reference document on E-Payment of Direct Taxes, containing provisions of the Income-tax Act, 2025 as amended by the Finance Act, 2026, explains
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FAQ :
All companies and all taxpayers, other than companies, who are liable to get their accounts audited under Section 63 are required to pay direct taxes electronically.
The e-payment facility covers income-tax, corporate tax, Tax Deducted at Source (TDS), Tax Collected at Source (TCS), Securities Transaction Tax (STT), Commodities Transaction Tax (CTT), and other direct taxes.
Direct taxes can be paid online using the net banking facility of an authorised bank, a debit card, or a credit card.
Yes, you can use another person's account for e-payment if you do not have the required facility, provided the payment is made in your own name and using your PAN.
It is important to correctly enter the taxpayer's PAN (or deductor's TAN for TDS/TCS), select the correct tax year, and provide accurate address, PIN code, email ID, and phone number to avoid complications.
E-payment is described as time-saving, simple, and safe, and can be used from anywhere. It also reduces the need for physical visits and makes payment records easier to access.
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