Friday, May 30, 2008

IOB to offer tax related services

Chennai-based public sector bank Indian Overseas Bank (IOB) went into a tie-up with Alankit Assignment Ltd (AAL) to provide various tax related services, a step to make customers interaction convenient and effortless. Bank sources said in the initial stage tax related services will be offered at its select branches to its account holders and general public.

Through this tie up customers will be able to use services like application for issuance or change request of permanent account number (PAN) and tax deduction and collection account number (TAN) and filing returns for tax deduction sources (TDS), tax collection sources (TCS) and various forms.

Y L Madan, executive director, IOB informed that at initial stage the bank will be setting up Alankit helpdesks at twenty branches in the four metros including Chennai, Bangalore, Hyderabad and Kolkata.

He added after seeing the customer response the facility will be extended to more branches.

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