News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Top Headlines »
  You may have to claim refund for FY2019-20 tax saving done after March 31
  How to know which income tax slab you fall in?
 Time to save on tax
 Notification No. 29/ Central Board of Indirect Taxes and Customs
 I have not received my income tax refund. Whom should I approach? Answers to your personal finance queries
 New direct tax regime kicks in from today
 Want to claim ITR refund? This is what you must know about Income Tax e-payment
 New tax regime and other tax changes that will come into effect from April 1
 Here are the key operational aspects COVID-19 tax-saving extension
 Where’s My Income Tax Refund? How To Track It
 Here's how it impacts you Tax saving deadline extended for FY2019-20

J&K Bank starts e-payment facility for direct taxes
January, 15th 2009

Private-sector, Jammu & Kashmir Bank has introduced the facility of e-payment of direct taxes and also opened a new ATM its Punjbakhtar branch in Jammu.

Under this facility customers would not need to walk to the bank branches for paying their taxes. The Executive Director of the bank, Ashok Mehta said, "With this added facility, clients need not to come to banks and can discharge their tax obligations online by using bank's financial website www.Jkbankonline.com."

The launch of this facility has added to the e-service facility that has been offered by the bank. Presently the e-banking of the bank includes shopping mall and bill payment facilities.

Mehta said that the RBI, Central Board of Direct Taxes (CBDT) and National Securities and Deposits Ltd (NSDL) have taken a long time to relax the regulatory restriction following which the bank has been allowed to launch the facility for e-payments of taxes online to its customers.

The executive director says that the management aims to extend banking facilities to its customers at international standards.

Meanwhile Mehta inaugurated the bank's ATM at the Panjbakhtar branch. This launch has enabled the bank to reach out to a total number of 235 ATMs in the state. The bank further plans to open 41 more ATMs in different locations across the state in just 15 days.

Presently there are 72 ATMs in Jammu and the bank plans to open 11 more within a fortnight.

Today Jammu & Kashmir Bank is one of the fastest growing banks in India with more than 500 branches spread across the country.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting