ECS (Electronic Clearance Service)

Tax Glossary Definition

ECS (Electronic Clearance Service)

ECS (Electronic Clearing Service) – ECS is an electronic payment system that enables the automated transfer of funds between bank accounts for recurring transactions such as salary payments, dividends, pension, or utility bills. It ensures speed, accuracy, and reduced transaction costs, while minimizing manual intervention and paperwork.

Example: Companies use ECS to automatically credit employees’ salaries to their bank accounts each month.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App