Union Bank of India & Goverment of Maharashtra Joined hands for collection of taxes & receipts across 500 branches in Maharashtra
BANKING /FINANCE
by Shrutee K/DNS
Mumbai 26th
November 2015: Keeping pace with the
Govt.’s Vision of “Digital India”, Union Bank of India and Govt. of Maharashtra
have today joined hands for collection of taxes & receipts under more than 30
heads. This venture will provide reach and convenience to the tax payers of
Maharashtra at over 500 branches of Union Bank of India located even at the remotest
corner of the state.
Under this arrangement, Union Bank of India has integrated
their Core Banking with Maharashtra Virtual Treasury (GRAS) to facilitate Over
the Counter collections to provide yet another mode of payment under GRAS for
the convenience of tax payers & state Govt.
The facility will benefit the Tax payers in Maharashtra
the convenience of payment at the branch through their account or by cash with
online generation of challan and real time updation of records through GRAS.
This will further benefit the Govt. hassle free collection of revenue, daily
reconciliation, real time updation of records and providing easy reach to the
tax payers. The facility was formally inaugurated in the
presence of Shri Sudhir Srivastava, Addl.
Chief Secy, State Govt. of Maharashtra, Sri Bijay Kumar IAS, Principal Secy
Finance Govt. of Maharashtra, Shri Rajiv Jalota, IAS, Commissioner of Sales Tax
, Maharashtra State, Shri Arun Tiwari,
Chairman & Managing Director, Union Bank of India and senior officers from
Accounts and Treasury Dept. Govt. of Maharashtra.
On the occasion Shri Tiwari said Union Bank of India
is dedicated to the service for the people of Maharashtra where it is
incorporated and deeply rooted. The bank is proud to be associated with the
Govt. of Maharashtra in providing the facility of Over the Counter
Collection of taxes and dues at all the 500 branches across the state for
payment under GRAS. This is yet another land mark attempt of the bank to provide
convenience to the public.
Union Bank has a strong IT platform and has
developed many solutions for Govt. Department/Ministries. Through the Govt. Business Department the
Bank aims to partner with State Govt. , to be a preferred and most trusted Bank
for all State Govt. Ministries/Departments/Undertakings by building a strong
bond of relationship through Customer Service Excellence and as a enabler for
providing end to end seamless flow of funds from State and down to District,
Taluka and Gram level in most effective and speedy way.
Union Bank of India is a leading Public Sector Bank with a wide
network of 4098 Branches and 6909 ATMs. The Bank has deployed state of art
technology platform to provide customer centric products and services. Bank has initiated various technology
projects for Central Govt., State Govt. and PSUs which are aligned with IT like
Direct Benefit Transfer, Scholarship remittances, Subsidies payments,
Centralized Salary payments, Fund Management Solution with complete MIS, etc.
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