December 2016 Current Affairs

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RBI authorises 29 agency banks to accept payments of I-T dues

RBI authorises 29 agency banks to accept payments of I-T dues
18 May 2016 Current Affairs: RBI has authorised 29 agency banks to accept payments of Income Tax dues. RBI has appealed tax payers to remit their income tax dues sufficiently in advance of the due date. In order to minimize the hassle, tax payers can also use the facility of online payment or use alternate channels like the authorized agency banks.

29 agency banks to accept payments of Income Tax dues : Some of the agency banks authorized by RBI to collect tax include Allahabad Bank, UCO Bank, Bank of India, Bank of Maharashtra, Canara Bank, State Bank of India, Central Bank of India, Dena Bank, HDFC Bank Ltd, Oriental Bank of Commerce, Axis Bank Ltd and Punjab National Bank.

RBI has taken this measure as the rush for remitting Income Tax dues becomes far too heavy towards the end of June every year making it difficult for the Reserve Bank to cope with the pressure.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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