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    <title>Higher Rate of TDS for non-furnishing of ITR - Central Government notifies the Reserve Bank of India u/s 206AB(3)(ii) - RBI excluded from scope of &quot;Specified person&quot;</title>
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    <description>Central Government has notified the Reserve Bank to be a person referred to in the proviso to the higher-TDS provision, bringing the central banking authority within the scope of the higher rate of tax deduction for payees who do not furnish income-tax returns; the notification is effective from its publication in the Official Gazette.</description>
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      <description>Central Government has notified the Reserve Bank to be a person referred to in the proviso to the higher-TDS provision, bringing the central banking authority within the scope of the higher rate of tax deduction for payees who do not furnish income-tax returns; the notification is effective from its publication in the Official Gazette.</description>
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