PhonePe launches feature to pay income tax
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Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app.Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said. The amount will be credited to the tax portal within two working days. Users can pay taxes by logging into the app and selecting the "income tax" icon. Then, they must select the type of tax to be paid, assessment year and Permanent Account Number (PAN) details. After entering the total tax amount, users will be able to pay using the chosen mode of payment.Taxpayers will receive a Unique Transaction Reference (UTR) number as an acknowledgement within one working day after paying the tax while challan fo...