State Bank of India (SBI), has launched an online income tax filing service for its customers. This service will facilitate its customers to file their income tax returns ITR online through SBI at discounted rate.
Online income tax return service launched by SBI will proved to be very useful, as from assessment year 2012-13 income tax department has made e-filling of income tax return mandatory for all the individuals and HUF’s whose annual income is more than Rs. 10 lakh.
SBI is offering this online tax filling service to its customers who are salaried employees, self employed (business man), professionals etc. at a discounted rate. For the basic service the fee starts at Rs. 150 (including taxes) where as for advance service which offers advanced features like personal reviewing, tracking of tax refund, an online tax vault to store and access tax related documents, online filing using digital signature etc. the individual have to pay a higher fee.
SBI customers can make the fee payment either via SBI internet banking or through their SBI debit card.
The services offered by SBI for filling online income tax return is divided into two parts i.e SBI salary and SBI business for convenience.
SBI salary is for salaried individuals who want to file their income tax return themselves. There are three plans given for salaried individuals SBI eFile Silver (Rs 150), SBI eFile Gold (Rs 250) and SBI eFile Platinum (Rs 500).
- SBI eFile (Silver) :- This is a basic plan for salaried individuals, this allows salaried individuals to file ITR1 or ITR2. You can add income from multiple sources, other than salary, like, house property income, capital gains etc. And depending on your sources of income, system will automatically generate the correct ITR form for you. If your Form 16 has all the details then and you have no additional details to add, then you can also file your return via email.
- SBI eFile (Gold) :- It offers all the features of silver plan plus assistance in creating and review your Income tax return (ITR) by a ‘real’ tax practitioner to review your I-T return.
- SBI eFile (Platinum) :- It offers all the features of gold plan plus TaxVault where you can keep your tax related documents safe. It also has an add-on feature that allows tracking of your refunds and tax assessment order.
SBI business is classified for professionals and business people who like to file there income tax return themselves. Under SBI business, SBI offered two plans i.e SBI eFile Gold (Rs 999) and SBI eFile Platinum (Rs 1499).
To make payment of your IT return online through SBI :- Visit :- SBI e-File