Advance Tax (Income Tax)

Government of India expects its citizens to pay advance income tax every quarter otherwise it charges 1% per month of interest penalty. However to save us from the hassle of going to Income Tax office 4 times every year, SBI (State Bank of India) has come up with a wonderful online gateway.

To pay the tax, click the SBI E-tax (left button) -> Direct Taxes (OLTAS) -> CHALLAN NO./ITNS 280.
Then fill in your particulars, and proceed to your bank website (works only if you have an account in HDFC, IDBI, SBI and Union Bank of India.

No more queues 🙂

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