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    <title>Master Circular - Collection of Direct Taxes - OLTAS - RBI</title>
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    <description>Directive establishing the Online Tax Accounting System (OLTAS) framework: single copy challan with branded CIN, mandatory PAN/TAN and taxpayer name capture and validation, double date stamping for instruments, and daily transmission of complete validated challan records (Record Type 01/02) from collecting branches through nodal and link cells to the Tax Information Network (TIN). It mandates maker checker controls, reconciliation with Zonal Accounts Offices, use of File Segregation Utility for erroneous records, and alignment of TIN uploads with funds settlement reporting to RBI CAS Nagpur; non compliance attracts delayed remittance interest and supervisory action.</description>
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