Pay IT dues in advance at RBI
Pay IT dues in advance at RBI. It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of the public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved assesses are advised to avoid the last-minute rush by remitting their Income-tax dues sufficiently in advance of the due date.
In addition, select branches of accredited agency banks as indicated below at Mumbai have been authorized to accept payments of Income Tax dues. Most of these banks are also providing facilities for online payment of taxes. The assesses may take advantage of these arrangements for their convenience.
The Reserve Bank today issued an advisory asking taxpayers to pay their dues well on time to avoid the last-minute rush. | BENEFITS OF GST
In a statement, the central bank said it is observed that the rush for remitting income tax dues through the RBI has been far too heavy towards the end of June every year.
Consequently, the people are required to wait in queues for long periods unnecessarily, the apex bank said, adding this happens despite providing additional counters to the maximum extent possible for the purpose.
|1.||Allahabad Bank||16.||Syndicate Bank|
|2.||Andhra Bank||17.||UCO Bank|
|3.||Bank of Baroda||18.||Union Bank of India|
|4.||Bank of India||19.||United Bank of India|
|5.||Bank of Maharashtra||20.||Vijaya Bank|
|6.||Canara Bank||21.||State Bank of India|
|7.||Central Bank of India||22.||State Bank of Bikaner & Jaipur|
|8.||Corporation Bank||23.||State Bank of Hyderabad|
|9.||Dena Bank||24.||State Bank of Travancore|
|10.||IDBI Bank||25.||State Bank of Mysore|
|11.||Indian Bank||26.||State Bank of Patiala|
|12.||Indian Overseas Bank||27.||HDFC Bank Ltd.|
|13.||Oriental Bank of Commerce||28.||Axis Bank Ltd.|
|14.||Punjab & Sindh Bank||29.||ICICI Bank Ltd.|
|15.||Punjab National Bank|