RBI Allows 926 Bank Branches To Receive Advanced Income Tax
Mumbai
For hassle free income tax collection, the Reserve Bank of India today designated a total of 926 compurterised branches of public and private sector banks to receive advance income tax for people residing in Mumbai and Navi Mumbai.
“These arrangemnents have been made for the convenience of the income tax assesses,” RBI said.
Of the total 926 bank branches, 862 are that of public sector lendors, while the rest would be of private sector banks, including HDFC, ICICI and Axis.
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