RBI, 926 bank branches to accept advance income tax in Mumbai region
13 May 2010
As many as 926 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai, an RBI release said today.
Of the 926 bank branches, 862 are public sector bank branches, 35 HDFC bank branches, 10 ICICI bank branches and 19 AXIS bank branches.
These arrangements have been made for the convenience of the income tax assesses, and the RBI has advised income tax assesses to take advantage of these standing arrangements made for their convenience.
"Long queues and inconveniences can be avoided at the Reserve Bank of India counters if the assesses in Mumbai and Navi Mumbai utilise the services being made available at various designated branches of banks and deposit their income tax dues well in advance of the last date, RBI said in its release.
