RBI authorises KVB to collect direct taxes
The Hindu
The Reserve Bank of India has authorised Karur Vysya Bank to collect direct taxes on behalf of Central Board of Direct Taxes (CBDT).Following the approval received, KVB has initiated the integration p
The Reserve Bank of India has authorised Karur Vysya Bank to collect direct taxes on behalf of Central Board of Direct Taxes (CBDT).
Following the approval received, KVB has initiated the integration process with CBDT. Once completed, KVB customers can remit their Direct Taxes through any branch, Net Banking and DLite Mobile app, it said in a statement.
B. Ramesh Babu, MD & CEO said that it has been the long standing requirement of the bank customers to pay direct taxes easily and they were happy to offer the services.

The Union and State governments provided support in several ways to the needy people, but private institutions should also extend help, especially to those requiring medical assistance, said C.P. Rajkumar, Managing Director, Nalam Multispeciality Hospital, here on Saturday. Speaking at a function to honour Inspector General of Police V. Balakrishnan and neurologist S. Meenakshisundaram with C. Palaniappan Memorial Award for their contribution to society and Nalam Kappom medical adoption of Type-1 diabetic children, he said the governments implemented numerous welfare programmes, but the timely help by a private hospital or a doctor in the neighbourhood to the people in need would go a long way in safeguarding their lives.












