SBP extends banking hours for taxpayers

In order to facilitate the taxpayers in payment of Government duties and taxes, it has been decided on the request of the Federal Board of Revenue (FBR) that all branches of banks including the 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.
According to the SBP, NIFT shall 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.
The SBP also directed the banks that for this purpose, they must arrange to keep their clearing-related branches open.