KARACHI: The State Bank of Pakistan (SBP) on Thursday said bank branches will have longer hours on March 30 and 31 to collect government taxes and duties.
“To facilitate the taxpayers in payment of Government duties / taxes, it has been decided that branches of all banks that are open on Saturday shall observe extended banking hours till 4:00 pm on Saturday the 30th March, 2024 and Sunday the 31st March, 2024 for collection of taxes through Alternate Delivery Channels (ADC’s) Over-the-Counter facilities,” the SBP said in a statement.
“Further, to ensure same day clearing / settlement of payment instruments, NIFT (National Institutional Facilitation Technologies] has been advised to arrange special clearings at 4:00 pm on Saturday the 30th March, 2024 and Sunday the 31st March, 2024.”