The entire process of filing of taxes will undergo a sea change soon. The income tax department is close to a tie-up with the National Securities Depository Ltd (NSDL) that will allow taxpayers to file their returns online.
Besides tying up with the NSDL, the department is also creating a network of almost 10,500 branches of commercial banks, designated as tax collection centres.
Once the project is completed, assessees will be able to pay tax anywhere in the country. Not only that, refunds, if any, will also be credited directly to an assessee
