Simplifying Tax Payments: DBS Bank India Adds Direct Tax Facility

Simplifying Tax Payments: DBS Bank India Adds Direct Tax Facility.webp

New Delhi, March 23 DBS Bank India announced the launch of its direct tax payment facility on Monday, following authorization from the Central Board of Direct Taxes (CBDT).

The bank will now be able to collect direct tax payments on the TIN 2.0 platform, in addition to its existing capability to collect Goods and Services Tax (GST) payments, the bank said in a statement.

Customers can conveniently make payments for income tax, advance tax, self-assessment tax, capital gains tax, and Tax Deducted at Source (TDS) directly from their bank accounts, it said.

With the wider adoption of digital infrastructure such as the TIN 2.0 portal, the environment for tax compliance has become more enabling by improving the ease of making payments and reducing the likelihood of operational errors.

*Utkarsh Small Finance Bank partners with Mumbai Indians as banking partner

Utkarsh Small Finance Bank announced on Monday that it has partnered with the Mumbai Indians as the official banking partner for the 2026 T20 League.

This strategic partnership marks a significant milestone for the bank as it continues to deepen its national visibility and strengthen engagement with millions of cricket fans across the country, Utkarsh Small Finance Bank said in a statement.

As part of this partnership, the bank aims to expand its engagement with diverse customer segments and enhance its brand presence through integrated marketing initiatives and other planned activities during the season, it said.
 
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banking banking partnerships central board of direct taxes (cbdt) cricket sponsorship dbs bank india digital payments direct taxes financial services goods and services tax (gst) income tax india mumbai indians t20 league tax payments tin 2.0 utkarsh small finance bank
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