E-payment of taxes mandatory for corporates from April

From April 1, corporates would be required to pay their direct taxes only through the electronic route. Electronic payment of direct taxes would also become mandatory from this date for all assesses (other than company) to whom tax audit is applicable, a Finance Ministry official said.



The official pointed out that taxpayers can make electronic payment through the Internet banking facility offered by any of the authorised banks.

News Collected From Mr Saty