To disburse the wages to NREGA (National Rural Employment Gurantee Act) workers, the Department of Posts in India, in collaboration with National Informatics Centre (NIC) and Bharat Sanchar Nigam (BSNL) is working towards establishing an electronic payment system.
From April 1, 2008 individual and corporate taxpayers who pay INR 50,000 and more as tax in a single payment may have to make the payment electronically. According to the sources in the Finance Ministry, a formal announcement to this effect from the Central Board of Direct Taxes (CBDT) is expected shortly. Mandatory e-payment of taxes will boost the CBDT
In order to popularize e-Payment of taxes among the 3.2 crore-odd income tax payers in the country, the Income-Tax Department of India is making mandatory e-Payment taxation for certain categories.
