SBI introduced GRIPS – new Tax collection facility in West Bengal
By Neelima Shankar
Feb 13, 2014
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Country’s largest lending bank State Bank of India rolled a new tax collecting platform in West Bengal. Sunil Srivastava, Chief General Manager, SBI Bengal Circle stated that across all the 1104 branches of the bank the tax collection platform through Government Receipts Portal System (GRIPS) will be introduced. Further it has been reported that all the branches from now onwards will have GRIPS and they will be launching 30 new branches this year.

With the help of this facility more than one type of tax can be paid at a time and will also assist in making faster tax payments to the government. Initially 20 PSU banks were instructed to collect the tax online as well as offline. The introduction of this GRPIS facility at SBI counters will enable to reach out more tax payers.

Highlighting the features of this facility State Commercial Taxes Commissioner reported that many more payment options will be further added to this facility At present Taxes, stamp duty, excise duty can be paid through the GRPIS facility.

(Comments Posted : 1) Post Your Comments
1. GRIPS is a great effort of SBI. Thanks to SBI and Govt. of WB.
RAJA CHOUDHURY (Posted: Feb 13, 2014)
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