Bandhan Bank has been authorized by the West Bengal government to collect tax and non-tax receipts. The bank will use the Government Receipt Portal System (GRIPS) to collect revenue.
Illustration: Dominic Xavier/Rediff.com
Kolkata, Feb 17 (PTI) Private lender Bandhan Bank on Saturday said that it has been authorised by the West Bengal government to collect tax and non-tax receipts on its behalf.
The mandate will enable the bank to collect revenues through the Government Receipt Portal System (GRIPS).
By virtue of this mandate, people will be able to pay various taxes like property tax, motor vehicle tax and professional tax using this portal, the lender said.
The bank will soon be integrating itself with the West Bengal government to operationalise the payment collection process.
Debraj Saha, head-government business, Bandhan Bank said West Bengal is among the top three markets for Bandhan Bank. The bank has over 1,700 transaction outlets in the state, he said.
GRIPS is an online internet-based platform for making various tax and non-tax payments to the West Bengal government. PTI dc
Home » Market News » Bandhan Bank to Collect West Bengal Govt. Taxes | PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback