Banks and RBI to facilitate tax payments

The Reserve Bank of India, with a view to providing greater convenience to tax payers, has decided that all designated branches of agency banks and RBI offices conducting government business will keep their counters open on Saturday and Monday till 8 pm. This arrangement will apply where March 31 has not been declared a public holiday. The facility of electronic transactions would, however, continue till midnight on March 31.

In order to facilitate government receipts, necessary arrangements have also been made to conduct special clearing operations across the country. Centralised payment systems, such as, Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) will also be operational on these three days.