 "Banks open on Saturday and Sunday for acceptimg advance tax")
Corporates can pay their first quarter advance tax on Saturday, tomorrow and on Monday at the designated bank branches, an official statement said.
"All designated branches of authorised banks have been asked to function on September 14 and 15, 2013 (Saturday & Sunday) to accept advance tax payments," Finance Ministry said.
If any tax payer is unable to pay the advance tax on these two days, then the person can make the payment on September 16, it added.
"All such tax payers who are liable to pay advance tax must make payments in the designated branches of the banks authorised to accept tax payments," it said.
The Reserve Bank has designated bank branches of State Bank of India, public sector bank branches, HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank and Kotak Mahindra Bank to collect advance tax payments.
"All designated branches of authorised banks have been asked to function on September 14 and 15, 2013 (Saturday & Sunday) to accept advance tax payments," Finance Ministry said.
If any tax payer is unable to pay the advance tax on these two days, then the person can make the payment on September 16, it added.
Also Read
Payment of quarterly advance tax on or before 15th September, 2013 by the tax payers is a statutory requirement.
"All such tax payers who are liable to pay advance tax must make payments in the designated branches of the banks authorised to accept tax payments," it said.
The Reserve Bank has designated bank branches of State Bank of India, public sector bank branches, HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank and Kotak Mahindra Bank to collect advance tax payments.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%