Special Measures to Facilitate Collection of Tax Receipts by the Banks on 29th, 30th and 31st March, 2013

Last updated: 23 March 2013


Keeping in view that 29th and 31st March, 2013 are notified Gazetted holidays and 30th March, 2013 is falling on a Saturday and the likely rush of tax payers towards the end of march, 2013, which could have inconvenienced the tax payers in depositing the tax on these days, the Reserve Bank of India (RBI) has issued instructions that all Agency banks shall keep the counters of their designated branches conducting Government business open (full day with extended hours) on 29th, 30th and 31st March, 2013. Further, for the convenience of the tax payers, RBI has also advised the banks to facilitate receipt of Government taxes from the members of public even at late hours. The RBI notification dated 21.03.2013 in this regard, is available on the website of RBI at web-linkhttp://www.rbi.org.in/scrips/NotificationUser.aspx?Id=7904&Mode=0.

RBI has also issued instructions for conduct of Special Clearing on these three days (including same-day return clearing on 31.03.2013) whereby the Agency banks conducting Government business may present instruments in the special clearing on other participating banks. Other member banks of the Clearing House (including the presenting banks) are required to keep their inward clearing processing infrastructure open during the Special Clearing hours. Further, member banks have also been instructed to be in a state of readiness to participate in the Central Payment Systems (RTGS and NEFT) on 29th, 30th and 31st March, 2013.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.



More »


Popular News





CCI Pro



Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details