<h1>Electronic Tax Payment Mandatory from April 1, 2008, for Corporates and Section 44AB Individuals via Internet Banking.</h1> The government announced that electronic payment of taxes will become mandatory starting April 1, 2008. This requirement applies to corporate taxpayers and individuals subject to section 44AB of the Income Tax Act. Initially introduced as an optional scheme in 2004, the move aims to broaden the use of electronic tax payments. Taxpayers can fulfill this obligation using internet banking services provided by authorized banks, with the additional option of using credit or debit cards for online payments.