Says RBI: Banks To Remain Open Till 8 PM Today
In a bid to provide higher comfort to tax payers, the banking regulator, Reserve bank of India (RBI), has made up our minds that banks that conduct executive banking will preserve their counters open upto 8 pm on Saturday (March 31). Even the RBI offices and all branches will remain operational on Saturday till the late evening (8 pm). Apart from this, the regulator has allowed that the electronic transactions will also be performed until the nighttime on Saturday past the hobbies industry hours.
In the circular issued via the Reserve Bank of India (RBI), it’s additional stated that fundamental arrangements have been made to habits precise clearing operations throughout the nation. The financial institution purchasers can be equipped to access the centralised cost methods such because the RTGS and NEFT well above the increased business hours.
Nevertheless, the centralised payments services will remain closed on April 2. The second day of the next financial year has been declared a financial institution excursion with the intention to allow them to close their annual monetary bills. The banking regulator, nevertheless, will work on April 2.
The Reserve Bank of India (RBI) statement mentioned, with a view to providing larger convenience to tax payers, it has been determined that RBI workplaces and all targeted branches of agency banks conducting govt banking will maintain their counters open up to 8.00 P.M. On March 31, 2018. Electronic transactions will also be done until the nighttime of that day.
The sales tax (I-T) division has kept the workplaces open on March 30 and March 31 regardless of the times being holidays or else. It is noteworthy that the CBDT has multiplied the deadline for linking PAN card to aadhaar card except 30 June 30 2018.