PRESS RELEASE




                                                                                                                           
                                                                                                                         RESERVE BANK OF INDIA
                                        ,   , ..., -400001
 _____________________________________________________________________________________________________________________
                                                                                                                              : www.rbi.org.in/hindi
                     DEPARTMENT OF COMMUNICATION, Central Office, S.B.S.Marg, Mumbai-400001                                Website : www.rbi.org.in
                                    /Phone: 91 22 2266 0502         /Fax: 91 22 22660358                                  - email: helpdoc@rbi.org.in


                                                                                                                                    March 26, 2014

                       Banks and RBI to facilitate Tax Payments on March 29, 30 and 31, 2014

With a view to providing greater convenience to tax payers, it has been decided that
all designated branches of agency banks and RBI Offices conducting government
business will keep their counters open for extended hours on Saturday, March 29,
and Monday, March 31, 2014 till 8.00 p.m. This arrangement will apply where March
31, 2014, has not been declared as a public holiday. On Sunday, March 30, 2014,
and on Monday, March 31, 2014 (at places where holiday under the Negotiable
Instruments Act has been declared), agency banks would keep select branches open
for transacting government business at locations identified by them based on volume
of transactions.






Facility of electronic transactions would, however, continue till midnight on March 31,
2014.

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 (from March 29,
2014, to March 31, 2014).







                                                                                                                            Alpana Killawala
Press Release : 2013-2014/1899                                                                               Principal Chief General Manager