The new income-tax (I-T) portal is likely to add more private banks to collect taxes and any other amount, such as fees, penalty, and refunds payable under the I-T Act. The portal will also provide multiple payment options, including through Unified Payment Interface (UPI) and credit cards.
Currently, taxpayers have the option to make payments through net-banking of large private and public sector banks, making it difficult for those whose banks are not part of the portal. Transactions via debit cards are allowed but not widely used.
The new e-filing portal 2.0, launched on June 7, is developing many such features to