SBP extends banking hours on 30th, 31st May for tax collection

MG News | May 29, 2022 at 12:18 PM GMT+05:00

0:00

May 29, 2022 (MLN): In order to facilitate the collection of government receipts/duties/taxes, the State bank of Pakistan (SBP) has announced the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of the National Bank of Pakistan (NBP) will observe extended banking hours till 8:00 P.M. and 10:00 P.M. on 30th and 31st May 2022 respectively.

Accordingly, NIFT has been advised to arrange a special clearing at 8:00 P.M. on 31st May 2022 (Tuesday) for the same-day clearing of payment instruments.

Meanwhile, all banks are advised to keep their concerned branches open on 31st May 2022 (Tuesday) till such time that is necessary to facilitate the special clearing for Government transactions by the NIFT.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	151,707.52 244.73M	-0.79% -1200.45
ALLSHR	90,950.95 421.06M	-0.91% -834.89
KSE30	45,918.57 92.97M	-0.83% -386.29
KMI30	220,125.22 87.98M	-0.85% -1889.21
KMIALLSHR	59,363.52 256.09M	-1.02% -613.27
BKTi	41,297.63 25.33M	-0.60% -248.70
OGTi	31,189.41 18.57M	-2.53% -809.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,180.00	69,315.00 65,710.00	-2590.00 -3.77%
BRENT CRUDE	114.57	114.88 105.09	6.56 6.07%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.30 -9.39%
ROTTERDAM COAL MONTHLY	119.75	121.40 119.75	-1.40 -1.16%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	101.18	101.24 92.08	6.70 7.09%
SUGAR #11 WORLD	15.75	15.93 15.66	-0.12 -0.76%