CHENNAI: The Reserve Bank of India has urged Income Tax assessees in the city to remit their dues sufficiently in advance of the last date to avoid inconvenience. In a release, RBI Regional Director N.S. Vishwanathan stated: “The rush for remitting income tax dues to the RBI has been far too heavy towards the end of June 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 public are required to wait in queues at the bank for unnecessarily long periods.” He said that in addition to RBI, select branches of nationalised, private and public sector banks in the State were authorised to accept payment of dues in cash or by cheque.
Hindu
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