« General » Open DEMAT Account in 24 hrs  Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal  Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details  Income Tax Return: Miss THIS ITR filing deadline and you will be fined Rs 10000  Tax contribution of petroleum sector set to drop rapidly in FY 2024-25  Missed reporting foreign assets in ITR? File revised return to avoid Rs 10 lakh penalty  Tax regime shift: Is filing ITR under old regime still valid after default new regime?  Income Tax Department Targets Bogus Refund Claims, Issues Notices To Taxpayers  IT firms bullish on higher spending due to tax cuts  How to calculate capital gains tax on sale of land?  Don't fall for fake notices! How to verify your income tax communication  I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account? «  Sportspersons will have to cough up more tax upfront... Savings may get level field... » 965 bank branches to accept advance income tax August, 26th 2008 The Reserve Bank on Monday said that 965 branches of public and private sector banks would receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of income tax assesses. Of the 965 branches, 900 belong to public sector banks while the rest belong to private sector banks. In the private sector category, 36 HDFC Bank, 10 ICICI Bank and 19 Axis Bank branches would receive the advance income tax. Long queues and inconveniences can be avoided at the Reserve Bank of India counters if the assesses in Mumbai and Navi Mumbai utilise the services being made available at various designated branches of banks and deposit their income tax dues well in adv ance of the last date,'' the RBI statement added.