Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 22 of 2014
June 26, 2014

The Presidents/Chief Executives
All Banks

Dear Sir / Madam,

OPENING OF BANKS BRANCHES/OFFICES
FOR FACILITATION OF TAX COLLECTION

It is informed that branches of all Commercial banks will remain open for collection of taxes to facilitate taxpayers for preparation of payment orders etc. as per given below schedule. Banks are further advised to treat 30th June, 2014 as a normal working day for all type of banking transactions as per Circular issued by Ministry of Interior dated June 24, 2014 (copy enclosed) and make necessary arrangements for deduction of Zakat on opening balances of deposits of 1st Ramzan-ul-Mubarak, 1435 A.H in terms of Zakat and Usher Ordinance 1980. The banks therefore, shall observe following schedule for opening, closing and special clearing:

Date
Timings
Special Clearing Timings
NBP
Other Commercial Banks
From
To
From
To
28th June, 2014 (Saturday)
09:00 AM
08:00 PM
09:00 AM
5:30 PM
NIL
29th June, 2014 (Sunday)
09:00 AM
08:00 PM
NIL
NIL
30th June, 2014 (Monday)
08:00 AM
10:00 PM for Cheque Collection-
12 Midnight for Cash Counters

08:00 AM
10:00 PM
3:00 PM & 10:00 PM

2. The banks are further advised to keep their related clearing branches open on 30th June, 2014 (Monday) till such time the aforesaid two special clearings by NIFT are completed.

 

 




Yours truly,

S/d-

( Muhammad Arif )
Sr. Joint Director

       
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