The Reserve Bank of India (RBI), to supply larger comfort to taxpayers, has requested all its places of work coping with authorities enterprise and all designated branches of company banks conducting authorities banking enterprise to maintain their counters open as per regular working hoursĀ on March 30 and 31.
It has additionally been determined that digital transactions to be executed until the stipulated time on each the times.
āTransactions through National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) System will continue up to 2400 hours as hithertoĀ on March 31, 2024. In order to facilitate government receipts and payments, necessary arrangements have also been made to conduct special clearing operations across the country,ā the RBI stated in a round.
Special clearing might be performed for authorities cheques eachĀ on March 30Ā and 31, it stated.Ā āAgency Banks are hereby advised that all cheques related to government accounts may be presented on such clearing. The timing for presentation and return clearing of instruments for these special clearing sessions for government cheques will be intimated in due course,ā the RBI stated.
Regarding reporting of Central and State Government transactions to RBI, together with importing of GST/ TIN2.0/ ICEGATE/ e-receipts baggage recordsdata, the reporting window ofĀ March 31Ā might be stored openĀ until 1200 hours midday on April 1.
Agency banks have been directed to provide enough publicity to the special preparations made as above.
