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BOI Becomes First PSB to Go Live On New Direct Tax Collection System TIN 2.0

BOI Becomes First PSB to Go Live On New Direct Tax Collection System TIN 2.0: The new Direct Tax Collection System Tin 2.0 of the Income Tax Department has been activated by the Bank of India (BOI), making it the first public sector bank to do so. Taxpayers will now have a single platform for both their tax payment and e-filing of tax returns thanks to the technological integration of BOI on TIN 2.0. The procedure is straightforward and quick, making it simpler for taxpayers to submit payments at their convenience in a few clicks.

BOI Becomes First PSB to Go Live On New Direct Tax Collection System TIN 2.0

Bank of India(BOI) becomes the first public sector bank to go live on the new direct tax collection system TIN 2.0. Now Tax payment, as well as e-filing of tax returns can be done on the same platform. The taxpayers can pay their taxes directly at any branch of the Bank of India. More than 5000+ branches of BOI are now receiving direct tax collection through Over the Counter (OTC) mode. Bank of India’s General Manager, Government Business, Sh. D S Shekhawat said that to ensure seamless service to the customers the bank is actively looking for avenues in digital sphere. In a statement released further he thanked all those who participated in the execution of Direct Tax Collection System Tin 2.0.

Tax Information Network, TIN 2.0 (e-filing)

The official portal of the Income Tax Department, Ministry of Finance is Tax Information Network, TIN 2.0 (e-filing). The Income Tax Department created the portal as a Mission Mode Project for the National E-Government Plan. This portal’s goal is to give taxpayers access through a single window to all income tax-related services, including tax payments.

 

BOI Becomes First PSB to Go Live On New Direct Tax Collection System TIN 2.0 in Hindi

 

Bank of India (BOI)

  • Headquarters: Mumbai
  • Founded in: 1906
  • Recent initiatives: BOI made headlines for the introduction of its digital platform for enrolling clients in the National Pension System (NPS). With this platform, a customer’s digital journey begins with scanning a QR code, followed by Aadhar verification by Digi locker and payment via UPI. BOI is the first bank to launch this in partnership with K-fintech, and it was officially unveiled by Sh. Supratim Bandhopadhyay, Chairman of PFRDA (Pension Fund Regulatory & Development Authority).
  • Tagline: Relationship Beyond Banking

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