Categories: Banking

IndusInd Bank gets authorised by RBI to collect Direct and Indirect Taxes

IndusInd Bank has announced, that it has been authorised by the Reserve Bank of India (RBI) for the collection of Direct and Indirect Taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). With this, its customers will be able to pay their Direct and Indirect taxes through ‘Indusnet’ and ‘Indusmobile’ platforms.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The authorization has been awarded basis a recommendation from the Controller General of Accounts as well as the Ministry of Finance (Govt. of India), and comes close on the heels of the Bank being appointed as an ‘Agency Bank’ of the RBI to conduct government business. With this, IndusInd Bank customers will soon be able to pay their Direct and Indirect taxes through the Bank’s state-of-the-art digital platforms such as ‘Indusnet’ – its net banking platform and ‘IndusMobile’ – its mobile banking application.

Important takeaways for all competitive exams:

  • The IndusInd Bank CEO: Sumant Kathpalia;
  • The IndusInd Bank Headquarters: Pune;
  • The IndusInd Bank Owner: Hinduja Group;
  • The IndusInd Bank Founder: S. P. Hinduja;
  • The IndusInd Bank Founded: April 1994, Mumbai.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Country Officially Uses Two Different Calendars? Know About It

Did you know that calendars are not the same everywhere in the world? Different countries…

7 hours ago

Historic Glory! Jammu & Kashmir Win Ranji Trophy in Maiden Final After 67 Years

Jammu and Kashmir etched their name in history by winning the Ranji Trophy 2025-26 in…

8 hours ago

Three Major Inland Waterways Projects Opened on Brahmaputra in Dibrugarh

Union Minister Sarbananda Sonowal inaugurated three key infrastructure projects on National Waterway-2 (NW-2) along the…

8 hours ago

Exercise Vayu Shakti 2026: Indian Air Force Unleashes Firepower Near Pakistan Border

The Indian Air Force (IAF) displayed its combat power during Exercise Vayu Shakti 2026 at…

9 hours ago

UAE Launches World’s First Sovereign Financial Cloud with AI: A New Era for Secure Digital Finance

The Central Bank of the UAE has unveiled what it calls the world’s first sovereign…

9 hours ago

India’s Forex Reserves Fall $2.11 Billion to $723.61 Billion: RBI

India’s forex reserves dropped by $2.11 billion to $723.608 billion which are according to the latest…

9 hours ago