<h1>Income Declaration Scheme: banks must accept ITNS-286 payments through 30 September 2017 and not seek sources.</h1> Banks are directed to accept payments under the Income Declaration Scheme, 2016 via ITNS 286 up to the scheme's final payment deadline and not to seek the source of funds; the Government prescribed a staggered payment schedule requiring minimum instalments of 25% and further 25% before the balance is paid, and Reserve Bank/industry circulars instruct banks to notify and sensitize branches while applying KYC identification without enquiring into source of cash deposits.