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Avoid last minute rush: RBI
December, 28th 2006
The Reserve Bank of India on Wednesday urged the income-tax assessees in Delhi to avoid last minute rush and remit their I-T dues sufficiently in advance of the due date. This advice comes in the wake of the "far too heavy" rush noticed towards the end of March/June/September/December for remitting I-T dues into the RBI.

The RBI has in a statement admitted that it has become difficult for the bank to cope up with the pressure of tax receipts although additional counters to the maximum extent possible are provided for the purpose.

Moreover, the central bank has also asked tax assessees to take advantage of the payment arrangements available with the State Bank of India branches, public sector bank branches, HDFC Bank, ICICI Bank, UTI Bank and IDBI Bank branches in the capital for remitting their dues.

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