highlights
PhonePe has also started a new feature Income Tax Payment on its app.
Tax can be paid through both UPI and credit card.
Has partnered with digital B2B payment and service providers like PayMate.
New Delhi. The biggest difficulty for all taxpayers is that they have to go to the Income Tax website to deposit tax. This work is also a bit difficult and many challenges also come on the portal. Also, depositing tax through the portal is not that easy either. But, PhonePe has made this task easier now. With the help of this, any taxpayer can pay advance tax or his outstanding tax (Income Tax Payment).
PhonePe has also started a new feature Income Tax Payment on its app. Through this feature, any taxpayer can pay his advance tax or outstanding tax in a jiffy. Taxpayers can pay tax through this app through both UPI and credit card. The last date for filing income tax return for the financial year 2022-23 is July 31 and during this time many taxpayers who file ITR may be liable to pay outstanding tax. If this happens then taxpayers can also pay their tax through credit card through PhonePe’s Income Tax Payment option.
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Businessmen will also get facility
Through the PhonePe app, not only individual taxpayers will get the facility to pay advance tax, but taxpayers doing business can also pay their advance tax with the help of this app. PhonePe has partnered with digital B2B payment and service providers like PayMate to launch this facility. Its purpose is to provide taxpayers the facility to make their payments easily.
- how to pay your tax
- First open the Phone Pe app and click on the Income Tax option.
- Select the tax type such as Individual or Business.
- After this, select the assessment year and enter the PAN card details.
- Then enter your tax amount and select payment mode.
- If you want, you can pay by credit card or you can deposit tax through UPI.
- After the payment of tax will be updated on the official portal in 2 working days.
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Only payment facility is available
Through this option of PhonePe, taxpayers get the facility of depositing only taxes. That is, this option can be used only for depositing advance tax or paying outstanding tax. Through this, taxpayers cannot fill their Income Tax Return (ITR). It is obvious that taxpayers will have to use the income tax portal only to fill ITR.
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Tags: business news in hindi, Filing income tax return, income tax, income tax return
FIRST PUBLISHED : July 25, 2023