Bombay High Court: ‘GIRNAR’ a Well Known Trademark in India  ||  Kerala HC: Criminal Courts of District Judiciary Cannot Recall their Earlier Orders  ||  Madras HC: Only ‘Preponderance of Probability’ Required in Disciplinary Proceedings  ||  Raj HC: Non-Disclosure of Information Wasn’t a Ground for Disqualification Before 2015 Amendment Act  ||  Bom. HC: Workers in Statutory Canteens are Principal Employer’s Employees  ||  Supreme Court: NCLAT Cannot Use its ‘Inherent Powers’ to Subvert Legal Provisions  ||  Supreme Court: NCLAT Cannot Use its ‘Inherent Powers’ to Subvert Legal Provisions  ||  SC Refuses to Mark Presence of Advocate Who Did Not Argue the Matter  ||  SC Sets Aside HC’s Decision to Accept Aadhaar Card as a Proof of Date of Birth  ||  SC Permits Candidate with Blindness to Attend Interview for Selection of Civil Judges in Rajasthan    

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