IDBI Bank appoints filemyreturns.com
By Our Banking Bureau | 03 Jul 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.
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.