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Tuesday, Oct 25, 2005


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Industry & Economy - Taxation


SBT launches e-payment of taxes

Our Bureau

THIRUVANANTHAPURAM: State Bank of Travancore (SBT), which recently networked all its 672 branches with core banking solutions, has launched the facility for e-payment of Central excise and service taxes through its Internet banking system.

Customers can now remit the taxes from home or office round-the-clock and on all seven days of the week. The transaction will be effected in real time and acknowledged with an instant cyber receipt that can be printed and saved by the tax-payer.

Bank officials said that the high-value assessees and corporate clients, who have not registered for Internet banking services, can register themselves at www.sbtonline.in.

SBT is the first bank in Kerala to offer this convenience to its customers, and that too from all its 553 branches in the State, they said.

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