Monday, November 23, 2009

RBI set up temporary counters for advance income tax assesses

The Reserve Bank of India (RBI) in a statement stated, people can file their advance income tax at RBI and 926 computerized branches of public and private sector banks in Mumbai and Navi Mumbai.

RBI said these counters have been setup for the convenience of the income tax assesses. Out of 926 bank branches 862 branches are of public sector bank branches, while 35 are HDFC bank branches, 10 ICICI bank branches and 19 Axis bank branches.

RBI has advised the income tax assesses to take advantage of these temporary arrangements set up for their convenience. It added tax assesses can avoid long queues and inconveniences at the RBI counters if the assesses in Mumbai and Navi Mumbai make use of services made available at various designated branches of banks and try to deposit their income tax dues in advance before the last date.

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