Pay IT dues in advance at RBI or at authorised bank branches – December 2016

It is observed that the rush for remitting Income –Tax dues through the Reserve Bank of India has been far too heavy towards the end of December 2016 and it becomes difficult for the Bank to cope with the pressure of receipts although additional counters to the maximum extent possible are provided for the purpose. Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods. To obviate the inconvenience involved, assesses are advised to avoid last minute rush by remitting their Income-tax dues sufficiently in advance of the due date.

In addition, select branches of accredited agency banks as indicated below at Mumbai have been authorized to accept payments of Income Tax dues. Most of these banks are also providing facilities for on-line payment of taxes.The assesses may take advantage of these arrangements for their convenience.

1. Allahabad Bank 16. Syndicate Bank
2. Andhra Bank 17. UCO Bank
3. Bank of Baroda 18. Union Bank of India
4. Bank of India 19. United Bank of India
5. Bank of Maharashtra 20. Vijaya Bank
6. Canara Bank 21. State Bank of India
7. Central Bank of India 22. State Bank of Bikaner & Jaipur
8. Corporation Bank 23. State Bank of Hyderabad
9. Dena Bank 24. State Bank of Travancore
10. IDBI Bank 25. State Bank of Mysore
11. Indian Bank 26. State Bank of Patiala
12. Indian Overseas Bank 27. HDFC Bank Ltd.
13. Oriental Bank of Commerce 28. Axis Bank Ltd.
14. Punjab & Sindh Bank 29. ICICI Bank Ltd.
15. Punjab National Bank

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/1236

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