Collection of taxes: SBP field offices, NBP branches open till Sunday

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The State Bank of Pakistan (SBP) Banking Services Corporation''s field offices and authorised branches of National Bank of Pakistan (NBP) will remain open for extended hours on 28th and 29th June, 2013 and till 12am (midnight) on 30th June, 2013 (Sunday) for collection of taxes.

According to SBP NIFT will provide 02 (two) special clearing facilities on 30th June, 2013, ie, 1st and 2nd clearing immediately after 1:30pm and 12am midnight respectively in order to ensure that all tax receipts collected on 28th, 29th and 30th June should be credited to the government accounts in June 2013.

In order to facilitate collection of taxes, SBP has advised banks to open such branches and other offices on June 30, 2013 (Sunday) till such time that is necessary to facilitate special clearing by NIFT to be held after 1:30pm and 12am. The State Bank of Pakistan will only accept credit receipts related to federal and provincial tax.

Courtesy: BR

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