IDBI Bank
appoints filemyreturns.com
Our Banking
Bureau
3 July 2002
 New
Delhi: IDBI Bank customers can now avail of comprehensive tax
management services such as planning, computing and filing of
income tax returns with www.filemyreturns.com.
 This
tie-up will also enable IDBI Bank to offer bulk filing of returns
for its corporate salary account customers, under the Suvidha
scheme offered by the income-tax department. This service will be
offered jointly by IDBI Bank and Filemyreturns in six cities —
Mumbai, New Delhi, Bangalore, Chennai, Ahmedabad and Pune.
The services are being offered with special discounts for IDBI
Bank customers in the range of 25 per cent. Corporate customers
will have an added advantage with help-desks and seminars with
experts for personal counselling on tax planning. Filemyreturns
will also provide advice and assistance in filling any tax-saving
instruments and in application for PAN.
IDBI Bank head (retail banking) Ajay Bimbhat says: "This
tie-up is in keeping with our pursuit to offer value-added
services to our customers. This is a step towards fulfilling a gap
between banking and non-banking services and we will now be able
to provide our customers with the best of both services."
www.filemyreturns.com
is India’s premier citizen-to-government (C2G) payroll and tax
management services organisation that offers customers the
advantage of convenient banking, online tax consultancy and
facilitation in filing tax returns.
"We intend to bridge the gap between the government and
citizens by acting as a catalyst that takes care of all the
tax-related worries of a citizen at the same time assisting the
government in transparent tax administration, says Filemyreturns
managing director Prasad R.
"With the recent notification from CBDT allowing bulk filing
of returns by salaried employees Filemyreturns is uniquely poised
to offer these services to the corporates. Our endeavour is to
bring the Aaykar Bhavan to the doorstep of the citizen and thereby
helping the income-tax department to widen the tax base of
salaried individuals and individuals coming under the one by six
scheme," he adds.
The tie-up with IDBI Bank, he believes, "will help us to make
the Suvidha scheme a success and assist the government in their
endeavour to simplify the tax process. We are proud to be
associated with IDBI Bank, whose mission is to become
technology-led and service-driven company marketing financial
services with integrity."
Filemyreturns is the first in a series of services launched by
Fin-e-ssential Infotech India Pvt Ltd (FIIPL) whose vision is to
become a comprehensive IT-enabled financial services provider and
be a prominent leader in business process outsourcing. Their
payroll solution, MyPayrollManager, both ownership and outsourcing
model, has been well received by the industry. The company’s
future plans include launching new IT-enabled financial services
and entering marketing and distribution of a wide range of
financial products offered by other suppliers.
 A
process-driven company with a professional approach, FIIPL is
working towards an ISO-9000 certification. The company uses modern
tools and techniques like Failure Modes & Effects Analysis
proactively at the design stage itself to failure-proof products
and services.
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