Mumbai, July 04, 2012: State Bank of India has launched a new facility for filing Income Tax Returns, online. This service is currently available only to State Bank of India customers, at a discounted price. For salaried individuals the fee starts as low as Rs.150, inclusive of taxes, which can be paid by the customer through SBI internet banking or the State Bank debit card. Apart from salaried individuals, the service is available to individuals who are self-employed, professionals, etc., For a higher fee, the facility provides enhanced features such as professional review, tracking of tax refund, an online tax vault to store and access tax related documents, online filing using digital signature etc.,.
Considering that it is mandatory for individuals earning an annual income in excess of Rs.10 lakhs to file their returns online from the current financial year, there is a growing demand for online tax filing services which SBI is trying to meet and provide for its customers through its eFile service.
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