Annual Closing of Government
Accounts —
Transactions
of Central / State Governments —
Special
Measures for the Current Financial Year (2014-15)
With a view
to providing greater convenience to tax payers, it has been decided
that all designated branches of agency banks and Reserve Bank Offices conducting
government business will keep their counters open for full day on March 30, 2015 and
till 8.00 p.m. on March 31, 2015.
In order to
facilitate government receipts and payments, necessary arrangements
have been made to conduct special clearing operations across the country.
Centralised payment systems such as the Real Time Gross Settlement (RTGS) and National Electronic
Funds Transfer (NEFT) will also be operational on both the days with extended business hours. Separate broadcast message
will be issued through the respective
systems indicating the extended time window to the participating banks.
Sangeeta Das
Press
Release: 2014-2015/2036 Director