The Reserve Bank of India on Saturday said it had authorised State Bank of India branches and also those of other nationalised banks to accept payment of income tax dues in cash or by cheque. In a press release here, it said it had opened additional counters to help the public pay their dues as quickly and easily as possible. However, the rush at the counters was increasing and people are forced to wait in queues for long hours. The RBI hoped the new measure would lessen the hardship in remitting tax dues.
HBL