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    <title>The Income Declaration Scheme, 2016 - Reserve Bank of India(RBI) requested to issue instructions to banks to allow payment of tax under the Scheme in cash and to allow deposit of cash over the counter</title>
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    <description>Banks are instructed to accept cash deposits from all declarants for payment under the Income Declaration Scheme and to permit over the counter cash deposits irrespective of amount, to be made using challan ITNS-286, thereby enabling the cash payment mechanism prescribed for declarations.</description>
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