DBS Bank India Introduces Direct Tax Payment Platform for Individuals and Businesses

DBS Bank India Launches Direct Tax Payment Facility

DBS Bank India has been authorized by the Central Board of Direct Taxes (CBDT) to collect direct tax payments on the TIN 2.0 platform, expanding its existing capability to collect Goods and Services Tax (GST) payments.

The bank's direct tax payment facility allows customers to make payments for income tax, advance tax, self-assessment tax, capital gains tax, and Tax Deducted at Source (TDS) directly from their bank accounts. This development is expected to improve the ease of making payments and reduce the likelihood of operational errors, given the wider adoption of digital infrastructure such as the TIN 2.0 portal.

Utkarsh Small Finance Bank Partners with Mumbai Indians

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In a separate announcement, Utkarsh Small Finance Bank has partnered with the Mumbai Indians as the official banking partner for the T20 League 2026. This strategic association is expected to deepen the bank's national visibility and strengthen engagement with millions of cricket fans across the country.

As part of this association, Utkarsh Small Finance Bank aims to expand its engagement with diverse customer segments and enhance its brand presence through integrated marketing initiatives and other planned activities during the season.