The Reserve Bank of India has authorized............. to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT)
The Reserve Bank of India has authorized............. to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT)
Solution
✅ Correct Option: 1
The Reserve Bank of India authorised Karur Vysya Bank (KVB) to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT). KVB then began integrating its systems with CBDT.
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