PIL Seeking ‘Authoritative Interpretation’ of Section 66 PMLA Refused by Delhi High Court  ||  All. HC: Can’t Declare Transaction Benami on Contractor’s Statement Without Relevant Material  ||  Del. HC: Denying ITC to Taxpayers One of the Outcomes of GST Registration Cancell. with Retrospect  ||  Cal HC: Penalty Amount on Higher Value than Invoice Value Can’t be Computed by GST Dep. w/o Evidence  ||  All. HC: Candidates with Criminal Background Will Pose Severe Threat to Democracy if Elected  ||  All. HC: It’s an Obligation of Bank Officials to Fully Co-operate in Criminal Investigations  ||  SC: Prima Facie Case Made Out from Allegations in Complaint Sufficient to Summon Accused  ||  Supreme Court Explains: Debt Becoming Financial & Operational Debt  ||  P&H HC: Model Code of Conduct Can’t Stand in Way of Execution of Judicial Order  ||  Chh. HC: Can’t Build Matrimonial Home With Bricks & Stones, Love & Respect Between Spouses Required    

Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2018-19)- (Reserve Bank of India) (28 Mar 2019)

MANU/RPRL/0065/2019

Banking

With a view to providing greater convenience to tax payers, as in previous years, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking business will keep their counters open up to 8.00 p.m. on March 30, 2019 and upto 6.00 p.m. on March 31, 2019; electronic transactions can be done till the stipulated time on both the days.

In order to facilitate Government receipts and payments, necessary arrangements have also been made to conduct special clearing operations across the country. Centralised payment systems such as the RTGS and NEFT will also be operational with extended business hours. Separate broadcast message will be issued through the respective systems indicating the extended time window to the participating banks.

As far as April 1, 2019 is concerned, since it has been declared as a holiday to enable the banks to close their yearly accounts, although RBI offices will work on that day, centralised payment systems such as the RTGS and NEFT will not be operational on that day.

Tags : GOVERNMENT ACCOUNTS   ANNUAL CLOSING   TRANSACTIONS OF  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved