Pay Tax through Corporation Bank ATM

The state-owned lender, Corporation Bank, is all set to come out with a new facility for its taxpayers.

The proposed product, to be called as ‘E-payment through ATM’ will enable the taxpayers to pay tax at anytime from anywhere. One can pay taxes like income, fringe benefit, securities transaction as well as gift taxes through the facility, which is likely to be launched within a period of 10 days from now. The bank will earn 11 paise per tax payment through the upcoming facility.