Saturday, June 9, 2012

‘Remit IT dues in advance'

Chennai, June 8:  The Reserve Bank of India has advised income-tax assesses to remit their income-tax dues in advance to avoid last- minute rush and long wait in queues. The rush for remitting dues at the bank is generally heavy towards the end of June and it becomes difficult for the RBI to cope with the pressures of receipts, despite providing additional counters, said the RBI in a press release. Apart from the RBI, select branches of nationalised, public and private sector banks in Tamil Nadu are authorised to accept payment of income-tax dues in cash or by cheque.

HBL

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