Interest on Delayed Remittances and Excess/Double Reimbursement

RBI/2006-2007/410DGBA.GAD.No.H. 16665 /42.01.011/2006-07May 23, 2007The Chairman/Managing DirectorState Bank of India & its AssociatesAll Nationalised BanksJammu & Kashmir Bank Ltd.IDBI Ltd/HDFC Bank Ltd.ICICI Bank Ltd. /UTI Bank Ltd.Dear SirMaintenance of Government Accounts -Interest on Delayed Remittances andExcess/Double Reimbursement Please refer to our Circular No.RBI/2006/169 (DGBA.GAD.No.H.7377/42.01.011/2006-07) dated November 7, 2006 on the above sub

RBI/2006-2007/410DGBA.GAD.No.H. 16665 /42.01.011/2006-07May 23, 2007The Chairman/Managing DirectorState Bank of India & its AssociatesAll Nationalised BanksJammu & Kashmir Bank Ltd.IDBI Ltd/HDFC Bank Ltd.ICICI Bank Ltd. /UTI Bank Ltd.Dear SirMaintenance of Government Accounts -Interest on Delayed Remittances andExcess/Double Reimbursement Please refer to our Circular No.RBI/2006/169 (DGBA.GAD.No.H.7377/42.01.011/2006-07) dated November 7, 2006 on the above sub

Interest on Delayed Remittances and Excess/Double Reimbursement

Master Circular - Collection of Direct Taxes - OLTAS

Master Circular - Collection of Direct Taxes - OLTAS

Master Circular - Collection of Direct Taxes- OLTAS

RBI/2005- 158 DGBA.GAD.No. H- 852 /42.01.034/2005-06 September 06, 2005 To all Agency Banks Dear Sir, Master Circular – Collection of Direct Taxes- OLTAS The Online Tax Accounting System (OLTAS) for collection, accounting and reporting of direct taxes was introduced with effect from June 01, 2004 at all designated branches of Agency Banks. Funds settlement based on online data was also introduced with effect from April 01, 2005. With a view to facilitate quick referen

RBI/2005- 158 DGBA.GAD.No. H- 852 /42.01.034/2005-06 September 06, 2005 To all Agency Banks Dear Sir, Master Circular – Collection of Direct Taxes- OLTAS The Online Tax Accounting System (OLTAS) for collection, accounting and reporting of direct taxes was introduced with effect from June 01, 2004 at all designated branches of Agency Banks. Funds settlement based on online data was also introduced with effect from April 01, 2005. With a view to facilitate quick referen

Master Circular - Collection of Direct Taxes- OLTAS

Maintenance of Government Accounts -Interest on Delayed Remittances and Excess/Double Reimbursement

RBI/2004/234DGBA.GAD.No.H-1244/42.01.011/2003-04June 10, 2004 Jyeshtha 20, 1926(S)The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd. Dear Sir,Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above

RBI/2004/234DGBA.GAD.No.H-1244/42.01.011/2003-04June 10, 2004 Jyeshtha 20, 1926(S)The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd. Dear Sir,Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above

Maintenance of Government Accounts -Interest on Delayed Remittances and Excess/Double Reimbursement

Accounting Procedure for On-line Tax Accounting System (OLTAS)

RBI/2004/145DGBA.GAD.No. H-1068 /42.01.034/2003-04 April 16, 2004The Chairman & Managing Director / Managing DirectorState Bank of India and its AssociatesAll Nationalised BanksHDFC Bank Ltd., / ICICI Bank Ltd.,IDBI Bank Ltd., / UTI Bank Ltd.(as per list enclosed)Dear Sir,Accounting Procedure for On-line Tax Accounting System (OLTAS)Please refer to our Circular No. RBI/2004/129 (DGBA.GAD.No. 989/ 42.01.034/2003-04) dated March 31, 2004 advising you to extend the P

RBI/2004/145DGBA.GAD.No. H-1068 /42.01.034/2003-04 April 16, 2004The Chairman & Managing Director / Managing DirectorState Bank of India and its AssociatesAll Nationalised BanksHDFC Bank Ltd., / ICICI Bank Ltd.,IDBI Bank Ltd., / UTI Bank Ltd.(as per list enclosed)Dear Sir,Accounting Procedure for On-line Tax Accounting System (OLTAS)Please refer to our Circular No. RBI/2004/129 (DGBA.GAD.No. 989/ 42.01.034/2003-04) dated March 31, 2004 advising you to extend the P

Accounting Procedure for On-line Tax Accounting System (OLTAS)

Introduction of OLTAS

RBI/2004/129DGBA.GAD.No. 989 /42.01.034/2003-04 March 31, 2004The Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Introduction of OLTASAs you are aware, the Pilot Study of On-line Tax Accounting System (OLTAS) Project is presently being implemented in 14 major cities. Progress in this regard has been reviewed at various meetings across the country and all the banks have expressed their confidence in extending the Pilot to all their branches.

RBI/2004/129DGBA.GAD.No. 989 /42.01.034/2003-04 March 31, 2004The Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Introduction of OLTASAs you are aware, the Pilot Study of On-line Tax Accounting System (OLTAS) Project is presently being implemented in 14 major cities. Progress in this regard has been reviewed at various meetings across the country and all the banks have expressed their confidence in extending the Pilot to all their branches.

Introduction of OLTAS

Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year

RBI/2004/122DGBA.GAD.No.H-976 /42.01.029/2003-04 March 27, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial YearWe have since received request from the Ministry of Finance, Department of Economic

RBI/2004/122DGBA.GAD.No.H-976 /42.01.029/2003-04 March 27, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial YearWe have since received request from the Ministry of Finance, Department of Economic

Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year

Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)

RBI/2004/125DGBA.GAD.No. 979 /42.01.018/2003-04 March 27, 2004Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs) Central Board of Direct Taxes, Government of India, New Delhi have since revised the procedure of issue of ITROs and discontinued the practice of forwarding Advice Notes to the paying banks separately in respect of refunds upto Rs.9999/- vide their Circular Inst

RBI/2004/125DGBA.GAD.No. 979 /42.01.018/2003-04 March 27, 2004Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs) Central Board of Direct Taxes, Government of India, New Delhi have since revised the procedure of issue of ITROs and discontinued the practice of forwarding Advice Notes to the paying banks separately in respect of refunds upto Rs.9999/- vide their Circular Inst

Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)

Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial Year

RBI/2004/121DGBA.GAD.No.H-972 /42.01.029/2003-04 March 26, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial YearWe have received a request from the Chief Commissioner of Income Tax, Mumbai that wi

RBI/2004/121DGBA.GAD.No.H-972 /42.01.029/2003-04 March 26, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial YearWe have received a request from the Chief Commissioner of Income Tax, Mumbai that wi

Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial Year

Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments - Para 2.4

RBI/2004/86DGBA.GAD.No.H-791/42.02.001/2003-04March 3, 2004The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India & its Associate Banks andAll Public Sector BanksDear Sir,Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments – Para 2.4 Please refer to para 2.4 of minutes of the Standing Committee Meeting held on 6th & 7th November, 2003 at Bhubaneshwar. 2. P

RBI/2004/86DGBA.GAD.No.H-791/42.02.001/2003-04March 3, 2004The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India & its Associate Banks andAll Public Sector BanksDear Sir,Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments – Para 2.4 Please refer to para 2.4 of minutes of the Standing Committee Meeting held on 6th & 7th November, 2003 at Bhubaneshwar. 2. P

Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments - Para 2.4

Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)

RBI/2004/83DGBA.GAD.No.1009/42.01.018/ 2003-04 February 28, 2004 The Chairman & Managing Director/ Managing Director, State Bank of India & its Associate BanksDear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)The Central Board of Direct Taxes, Government of India, New Delhi have since discontinued the procedure of forwarding Advice Notes to the paying banks in respect of refunds upto Rs.9999/- vide their Circular Instruction F.No

RBI/2004/83DGBA.GAD.No.1009/42.01.018/ 2003-04 February 28, 2004 The Chairman & Managing Director/ Managing Director, State Bank of India & its Associate BanksDear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)The Central Board of Direct Taxes, Government of India, New Delhi have since discontinued the procedure of forwarding Advice Notes to the paying banks in respect of refunds upto Rs.9999/- vide their Circular Instruction F.No

Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs)

Scheme for Collection of Dues

RBI/2004/58DGBA.GAD.No. H-760/42.01.001/2003-04 February 13, 2004The Chief Executive OfficersAll Agency Banks (As per list enclosed)Dear Sir,Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account - Reporting and Accounting of March Transactions - Special Arrangements- Financial Year 2003-2004Please refer to Circular DGBA.GAD.No. 331 / 42.01.001/2002-03 dated January 22, 2003

RBI/2004/58DGBA.GAD.No. H-760/42.01.001/2003-04 February 13, 2004The Chief Executive OfficersAll Agency Banks (As per list enclosed)Dear Sir,Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account - Reporting and Accounting of March Transactions - Special Arrangements- Financial Year 2003-2004Please refer to Circular DGBA.GAD.No. 331 / 42.01.001/2002-03 dated January 22, 2003

Scheme for Collection of Dues