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HDFC to collect tax online for State Govt
November, 09th 2012

HDFC Bank, the second-largest private sector bank in the country, has been given the mandate by the Chhattisgarh Government to act as its banker for collection of State revenues.

The bank is one of the leading banks in the country in terms of revenue collection for the Centre, as well as some State Governments. Government departments such as Central Board of Direct Taxes (CBDT), Central Board of Excise and Customs (CBEC), among others, have given mandates to the bank for online and physical collection of taxes across the country. Chhattisgarh Government, which has taken a lead in e-initiatives, has empanelled HDFC Bank to collect all revenues online.

The bank continuously strives to add value for the taxpayers by undertaking various initiatives including doorstep service of collection of challans and providing a technology-enabled world-class service platform through net-banking. This has enabled the bank to emerge as the second-largest collector of direct taxes pan India, said Rajender Sehgal, Country Head, Government Business Group, HDFC Bank.

The on-line payment facility will be available to HDFC Bank customers spread across all branches in the country.  Online payment guarantees convenience, speed, accuracy and will lead to cost savings for all stakeholders.

HDFC Bank already has an advanced and user-friendly Internet Banking Service and will offer this facility to remit taxes to state government to all its customers without levying any service charges.

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