BOI: 1st PSB To Go Live On TIN 2.0

Published on September 08, 2022
Current Context: The Bank of India (BOI) became the first Public Sector to go live with the newly launched Direct Tax Collection System, TIN 2.0.
BOI: 1st PSB To Go Live On TIN 2.0
  • Tax Information System 2.0 (TIN 2.0) is the official portal of the Income Tax Department which is under the Ministry of Finance.
  • It is developed by the IT Department under National e-Governance Plan to offer the taxpayers, single window access for tax payments and other related issues.
  • With the technological integration of BOI with TIN 2.0, customers will enjoy single-window access to the e-filing facility for filing tax returns.
  • Since the BOI accepts direct tax collection via Over Counter (OTC) mode, the taxpayers can make the payment at any branch of the bank.
  • BOI was established in 1906 with its headquarters in Mumbai, Maharashtra. The current MD and CEO of the bank are Atanu Kumar Das.

Question:

Q.1 Which of the following became the first to live with TIN 2.0?
a. ICICI
b. HDFC
c. SBI
d. BOI
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