Tax

DBS Bank India Launches Direct Tax Payment Facility For Individuals, Businesses

DBS Bank India launches direct tax payment facility on TIN 2.0, enabling individuals and businesses to pay income tax, TDS and more with ease and accuracy

DBS Bank India launches direct tax payment service
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Summary

Summary of this article

  • DBS Bank India enables direct tax payments via TIN 2.0

  • Individuals and businesses can pay multiple taxes seamlessly online

  • Move expected to improve compliance and reduce payment errors

DBS Bank India on Monday announced the launch of its direct tax payment facility, following authorisation 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, adding 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 teams up with Mumbai Indians as banking partner Utkarsh Small Finance Bank on Monday said it has partnered with the Mumbai Indians as the official banking partner for the T20 League 2026.

This strategic association 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 association, 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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