Kotak Mahindra Bank becomes first to integrate with new Income Tax portal



Quick Summary
Kotak Mahindra Bank has become the first private bank to fully integrate with the new Income Tax department's e-filing portal. This integration allows customers to pay their direct taxes conveniently using Kotak net banking or by visiting a branch. The bank aims to simplify and expedite the tax payment process for its customers.

Customers can now pay their direct taxes through the e-pay tax tab on the portal using Kotak net banking.

Kotak Mahindra Bank has completed technical integration with the new e-filing portal of the Income Tax department and has become the first private bank to fully integrate with the portal.

Its customers can now pay their direct taxes through the e-pay tax tab on the portal using Kotak net banking or by visiting a branch. This will make the tax payment process simple, instant, and convenient for customers, said the bank.

Kotak Mahindra Bank Integrates with New Income Tax Portal

Last October, Kotak Mahindra Bank became the first scheduled private sector bank to receive approval as a collections partner for taxes, after the announcement to permit all banks to participate in government business.

Dipak Gupta, Joint Managing Director, Kotak Mahindra Bank said with this facility, Kotak Bank becomes one the first to offer a direct taxes payment ecosystem across all channels. “We are continuously innovating to make this experience more customer-centric, convenient and secure,” said Gupta.

FAQ :

Kotak Mahindra Bank is the first private bank to fully integrate with the new Income Tax department's e-filing portal, enabling direct tax payments for its customers.

Customers can pay their direct taxes through the e-pay tax tab on the portal using Kotak net banking or by visiting a branch.

Kotak Mahindra Bank became an approved collections partner for taxes in October of the previous year.

The integration makes the tax payment process simple, instant, and convenient for Kotak Mahindra Bank customers.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »


Popular News





CCI Pro