Collection of govt duties, taxes: Banks to observe extended hours on 30th & 31st

KARACHI: The State Bank of Pakistan (SBP) Wednesday announced all branches of banks and field offices of SBP Banking Services Corporation (SBP-BSC) will observe extended banking hours on 30th and 31st March, 2023.

In order to facilitate the taxpayers in payment of Government duties and taxes, it has been decided on the request of Federal Board of Revenue (FBR) that all branches of banks including National Bank of Pakistan (NBP) and field offices of SBP Banking Services Corporation (SBP-BSC) shall observe extended banking hours until 04:00 PM and 06:00 PM. on 30th and 31st March, 2023 respectively for collection of government taxes through ADC’s Over-the-Counter (OTC) facility.

NIFT will arrange a special clearing at 06:00 PM on 31st March, 2023 (Friday) for the same day clearing of payment instruments deposited at NBP’s authorized branches for customs collections.

Copyright Business Recorder, 2023