Master Circular – Collection of Direct Taxes - OLTAS

                                   
                                                         RESERVE BANK OF INDIA
                                                            ___________________
                                                                 www.rbi.org.in                                                                                                                                          RBI/2016-17/47
                                                           DGBA.GAD.No.458/42.01.034/2016-17
                                                                August 25, 2016
To All agency Banks
 Dear Sir / Madam

Master Circular – Collection of Direct Taxes - OLTAS

Please refer to our Master Circular DGBA.GAD.No.3/42.01.034/2015-16 dated July 1, 2015 on the above subject. 2. Instructions regarding Online Tax Accounting System (OLTAS) and operational aspects of the Direct Tax collection are currently being issued to agency banks directly by various agencies. In view of this, it has been decided to withdraw from the date of this circular the Reserve Bank’s existing instructions on operational aspects of OLTAS and the Master Circular on the subject.

Yours faithfully
(Partha Choudhuri)
General Manager







8 Department of Government & Bank Accounts,
Central Office, Opp. Mumbai Central Railway Station,
4th Floor, Byculla, Mumbai 400 008
Telephone: (022) 2308 4121,
 Fax No. (022) 2300 0370/2301 6072/2301 0095,
 e-mail: pcgmdgbaco@rbi.org.in