Kumari Palany & Co

Banks to work on 29, 30 and 31 March 2014

Posted on: 20/Mar/2014 11:39:35 AM
The bank branches will be open for full day on 29, 30 and 31 March 2014. Many of the banks did not work on weekends and on the last day of the financial i.e. 31st march but this time they will facilitate tax collection facility for the full day.

Since there is a huge tax collection in the last days, the Secretary Financial Services has instructed the banks to remain open for full day and evaluate the tax using the electronic payment systems. In the budget this government has reduced the indirect tax collection target for the current fiscal by Rs 45,483 crore to over Rs 5.19 lakh crore.
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