Banks to remain open for Govt tax collection
MG News | January 31, 2026 at 01:37 PM GMT+05:00
January 31, 2026 (MLN): The State Bank of Pakistan (SBP) has directed branches
of all commercial banks nationwide to remain open today, January 31, 2026, to
facilitate the collection of government duties and taxes.
The decision, made at the request of the Federal Board of
Revenue (FBR), aims to support taxpayers in making over-the-counter (OTC)
payments.
Designated branches including National Bank of Pakistan
(NBP) branches handling customs collections were to operate with extended hours
from 9:00 a.m. to 5:00 p.m, according to a press release issued by SBP.
Banks have further been advised to keep the concerned
branches operational for as long as needed to ensure smooth special clearing
for government transactions processed through the National Institutional
Facilitation Technologies (NIFT) system.
Additionally, financial institutions are required to
maintain uninterrupted availability of digital payment services such as
internet banking, mobile applications, ATMs, and other online platforms to help
taxpayers pay government dues without disruption.
The step is intended to streamline tax payments and provide
added convenience for individuals and businesses in meeting their obligations
on time.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 184,174.49 344.20M | 1.01% 1836.37 |
| ALLSHR | 110,725.47 802.30M | 1.02% 1116.66 |
| KSE30 | 56,462.88 128.04M | 0.96% 535.72 |
| KMI30 | 261,050.23 116.63M | 1.37% 3522.37 |
| KMIALLSHR | 71,230.99 382.91M | 1.23% 862.76 |
| BKTi | 53,229.04 40.62M | 1.01% 532.20 |
| OGTi | 38,590.42 18.06M | 1.28% 488.37 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 84,560.00 | 84,945.00 81,210.00 | 160.00 0.19% |
| BRENT CRUDE | 69.83 | 70.21 67.79 | 0.24 0.34% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 0.00 0.00 | -2.35 -2.64% |
| ROTTERDAM COAL MONTHLY | 98.95 | 99.00 98.95 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 65.74 | 66.11 63.64 | 0.32 0.49% |
| SUGAR #11 WORLD | 14.26 | 14.71 14.15 | -0.44 -2.99% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Total Advances, Deposits & Investments of Scheduled Banks