RBI offices to conduct business as usual on March 30 and 31 to assist taxpayers

To further facilitate government receipts and payments, special clearing operations will be conducted nationwide, with a focus on government cheques on both March 30 and March 31, 2024, RBI said.

In light of these arrangements, agency banks have been advised to present all cheques related to government accounts during these special clearing sessions.

Furthermore, RBI has instructed agency banks to keep their branches dealing with government business open on Sunday, March 31.

This decision coincides with the Income-Tax department's announcement that it will remain operational from March 29 to March 31 to facilitate the completion of pending tax-related tasks.

This extended operational period provides relief to taxpayers who might have been concerned about the limited timeframe to address any pending tax matters, especially with March 31 falling on a Sunday and the preceding days comprising a long weekend due to Good Friday falling on March 29.