The bank would enable taxpayers to submit their taxes using the Government Receipts Portal System (GRIPS) developed by the National Informatics Centre, said Sunil Srivastava, Chief General Manager, SBI (Bengal Circle).
Payment of taxes through the GRIPS window would help in facilitating the taxpayers as they would be able to operate by sitting in their home or offices round-the-clock, or visiting the branches during working hours, said Binod Kumar, Commissioner, Commercial Taxes.
This unique initiative of the state finance department would help in better tax compliance, he added.
On tax collection during the current fiscal, he said the target of Rs 40,000 crore revenue generation would be achieved.