New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which payment company has launched the ‘Income Tax

    Payment’ feature on its application to enable taxpayers such as individuals and businesses to pay self-assessment and advance tax directly from within the app & can now pay taxes with their credit card or over UPI?
    A Paytm Correct Answer Incorrect Answer
    B PhonePe Correct Answer Incorrect Answer
    C Google Pay Correct Answer Incorrect Answer
    D Mobikwik Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      PhonePe has launched the ‘Income Tax Payment’ feature on its application to enable taxpayers such as individuals and businesses to pay self-assessment and advance tax directly from within the PhonePe app.  Users can now pay taxes with their credit card or over UPI. Users can pay taxes by tapping the ‘Income Tax’ icon on the PhonePe app homepage.   Additionally, they can select the type of tax they would pay, the assessment year, and PAN Card details. Users then will have to enter the total tax amount and pay using the preferred mode of payment. The amount will be credited to the tax portal within two working days post successful payment.

    Practice Next

    Relevant for Exams: