Wednesday, March 19, 2014

Bank Staff Have To Work On 29, 30 and 31st March

Banks to remain open on weekend to facilitate tax collection-FE

Bank branches will remain open for full day on March 29, 30 and 31 to facilitate tax collection.
Bank branches will remain open for full day on March 29, 30 and 31 to facilitate tax collection.
While March 29 is a Saturday, March 30 is Sunday and March 31 is the last year of financial year and is a public holiday in some parts of the country.
"The Chairperson, Central Board of Excise and Customs (CBEC) has requested the Secretary Financial Services to issue instructions to have the banks open for full day on 29th, 30th and 31st March 2014 so that the efforts made for collections of revenue are reflected appropriately," an office memorandum said.
Bulk of the revenue is received at the end of the month, it said, adding banks need to facilitate electronic tax payment by assessees.
In the 2014 interim budget, the government has lowered the indirect tax collection target for the current fiscal by Rs 45,483 crore to over Rs 5.19 lakh crore.
Of this, over Rs 1.75 lakh crore and Rs 1.79 lakh crore is to be mobilised from customs and excise duty collection and about Rs 1.65 lakh crore from service tax.

8 comments:

  1. Wether banks are paying overtime to employees working on sunday and holidays. Usually banks pay overtime to bank employees.

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  2. Yaar ek baar hi maar do kyu roj roj tadpa tadpa kr marte ho.....half yearly tax collection ke time par b ye hi hua tha...sat ko full day work kiya n sunday ko b officer ko kya mila bs dono din ka lunch from branch and Clerk ko kya mila around 4800-5500 rs overtime varies from basic of clerk.....hm officer ne kya paap kiya hai bhai....

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  3. Why giving 3 days more to pay excise and tax
    to public.don't extened then you receive that
    Before 31 march
    For this cbec come forwad why not appel to iba and finance department for our wage seetalment at par with cent govt employee

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  4. CHIDAMBRAM NE KAHA TOU HAI, BANKO KO HONE WALA PROFIT KA KOI BHI PART STAFF KO NAHI DANGY !

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  5. Shame on chidambaram why ask bank to collect taxes instead ask concerned deptment to do overtime and collect,they will show ther color.ufbu should take a stance not to work on holidays and they will as labour union to protect the interest of employees..let us see

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  6. Woh log aram karenge aur hum marenge.

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  7. Ufbu kuch nahi karega....wo log sirf apna ullu sidha karna jante hai.

    ReplyDelete