IOB to offer online road tax payment facility in TN

Formal nod of the Tamil Nadu Transport department awaited in this regard

PTI | July 25, 2011

Indian Overseas Bank (IOB) would soon launch a facility to enable vehicle owners in Tamil Nadu make payment of road tax online, a senior bank official said on Saturday.

The formal nod of the Tamil Nadu Transport department was awaited in this regard, bank General Manager, Central Office Chennai, R P Bharti said.

Addressing members of Chamber of Commerce and business community at a 'Traders Meet', he said IOB had introduced several products making use of the information technology for facile payment and ideal service of the bank to the customers.

The meet was aimed at bringing to notice the highlights of e-payment of the commercial taxes. He said the IOB's total business now stood at Rs 2,71,000 crores which enabled the bank to notch the seventh position.

The bank had also introduced a facility for receiving complaints through SMS which would be immediately taken note of and processed for redressal.

Commissioner of Commercial Taxes M Rajasekar said that the system of 'e-payment of the commercial taxes' was launched recently to save time and energy of the assesses.



Other News

Amar Singh: Samajwadi Party’s stormtrooper

The portly and balding Amar Singh is back in the news – and how. A close confidante of Mulayam Singh, the patriarch of the Samajwadi Party, the return of Amar Singh is being cited as one of the reasons for the current turbulence in the party that rules Uttar Pradesh. The party

Case for synchronising election cycles

Since public memory is woefully short, it may not be common knowledge that general elections for the Lok Sabha and state assemblies were held simultaneously initially – in 1951, 1957, 1962 and 1967. The cycle was broken by the disruption of some state assemblies in 1967, advancing of Lok Sabha electi

CSR spend up by 28%; contribution to PM’s relief fund up by 418%

The spending under the corporate social responsibility (CSR) by the NSE listed companies has seen a huge increase of 28% in 2015-16. The Companies Act (2013) has statutory provisions, making the CSR mandatory for companies with net worth of Rs 500 crore or more, turnover of at least Rs 1,000 crore and net

Karimov: The man who steered Uzbekistan through transition times

Uzbekistan president Islam Karimov, who died in September at the age of 78, will be remembered as the leader who steered the former Soviet Republic with political acumen by carefully maneuvering the domestic politics, keeping the western powers at bay and tackling the threat of extremism. Being a close all

Parrikar inaugurates helicopter engines maintenance plant

 Defence minister Manohar Parrikar inaugurated a helicopter engines maintenance plant in Goa on Sunday. It is a joint venture of state-run Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines France located at north Goa’s Sattari district, according to a news report published in Ind

GST: Achhe din for retail sector

The Goods and Services Tax (GST) will be a game-changing reform for the Indian economy, creating a common market and reducing the cascading effects of tax on the cost of goods and services. It will impact the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilisation and rep


Current Issue


Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter