NEWS & ADVICE : CAR LOANS
RBI permits some banks to collect Income Tax
By Vaibhav Aggarwal
Jun 8, 2010
Print    Email    RSS   

The RBI is taking several steps to facilitate hassle free filing of Income Tax Returns. The apex bank has not only increased the number of counters but also given permission to both public and private sector banks to collect Income Tax.

Rajeev Dwivedi, Deputy General Manager said that RBI has granted authority to 144 branches of PSBs and 4 branches of private sector banks to collect IT returns. The largest lender of the country, SBI has also been authorized to open tax return collection windows.

These banks have been directed to make arrangements for collecting tax by way of both cash and cheque.

The apex bank recently allowed banks in Guwahati to collect income tax.

Rajeev further added that the list of authorized banks and their branches has been put on display at the RBI headquarters and also in other bank branches.

Dwivedi sent across a message to the public asking them to make ful utilization of the facilities being offered for filing income tax return.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
Carnival of Indian Personal Finance Blogs #6
J&K Bank raises PLR
Insider secrets of Car Loans in India
Carnival of Indian Personal Finance Blogs #2


CAR LOAN STETMENT
Hello I am looking to renew my car insurance and I...
my loan no

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive