Online tax payment is very easy. For this you do not have to go to the Income Tax Department. Work is done from the computer sitting at home. You will need PAN, TAN etc. Also, for the Internet banking of the bank from which the tax payment is to be made, the user ID and password will have to be remembered.
Gone are the days when people used to stand in lines outside the Income Tax Department carrying thick files. He used to wait for his turn with his gaze. Now this work is happening online. That too in a few minutes or hours. The government has also started a new portal for this. All you have to do is sit in front of the computer and pay the tax by filling all the details of the tax. If there is any problem, then the number has been given on the portal itself, where you can get help by calling. Let us tell you what is the easiest way of online tax payment online tax payment.
There are certain things to keep in mind before making tax payment. There is some necessary quorum or action that has to be completed. The most important thing in this is to see how much your tax is made. There are three easy ways to view your taxes.
- First of all login to Internet Banking with the help of your User ID and Password. If you do not have a user ID and want to know, then you can know it with the help of your account number. User ID can also be known through debit card, credit card and travel card. Start Internet Banking by entering your password.
- Now go to the Payment and Transfer section.
- Click on the third and last option manage your taxes and select form 26AS.
Know about two different taxes
Direct tax can be paid all over the country except Shillong. This includes TDS, TCS, Income Tax, Corporation Tax, Dividend Distribution Tax, Security Transaction Tax, Hotel Receipt Tax, Estate Duty, Interest Tax, Wealth Tax, Expenditure Tax or Direct Tax and Gift Tax, Fringe Benefit Tax, Banking Cash Transaction Tax come. On the other hand, indirect tax is paid anywhere in the country and includes excise duty and service tax.
7 easy steps to pay tax
- First of all, the tax payer has to select the challan according to him on the NSDL site or portal.
- Enter the PAN/TAN/Assistance Code of the taxpayer as per his/her choice. As soon as it is informed, there will be online checking about the validity of these documents.
- If the PAN or TAN or Assess Code is valid, the taxpayer will be allowed to fill in the challan details. In this detail, you have to give the information of Accounting Head Code or Major Head Code. Under this you have to make payment. In this column, you have to fill the name and address written on PAN or TAN. Now select the bank from which to make the payment
- After filling all these details a confirmation screen will appear on the computer. If the taxpayer confirms the information given in the challan, then he has to go to the net banking of the bank from which the payment is to be made.
- Now here the taxpayer has to start internet banking and for this login ID and password will have to be entered. The login ID and password must have been received from the bank where your account is held, which will be used
- Taxpayer has to provide payment details and authorize for payment
- Immediately after the payment, a challan will be displayed on the display containing information such as CIN, payment details, name of the bank from which the e-payment has been made. This is called counterfoil which is proof that you have paid tax.
