PTI | 12 Sep, 2013, 07.59PM
NEW DELHI: Banks authorised to collect advance tax payments will function full day this coming Saturday besides being open on Sunday.
"All designated branches of authorised banks have been asked to function on 14th and 15th September, 2013 (Saturday & Sunday) to accept advance tax payments,"Finance Ministry said in a statement today.
If any tax payer fails to pay the advance tax on these two days, then the person can make the payment on September 16, it added.
Payment of quarterly advance tax on or before 15th September, 2013 by the tax payers is a statutory requirement.
"All such tax payers who are liable to pay advance tax must make payments in the designated branches of the banks authorised to accept tax payments," it said.
The Reserve Bank has designated bank branches of State Bank of Indi public sector bank branches, HDFC Bank, ICICI Bank, Axis Ban, IDBI Ban and Kotak Mahindra Bankto collect advance tax payments.
"All designated branches of authorised banks have been asked to function on 14th and 15th September, 2013 (Saturday & Sunday) to accept advance tax payments,"Finance Ministry said in a statement today.
If any tax payer fails to pay the advance tax on these two days, then the person can make the payment on September 16, it added.
Payment of quarterly advance tax on or before 15th September, 2013 by the tax payers is a statutory requirement.
"All such tax payers who are liable to pay advance tax must make payments in the designated branches of the banks authorised to accept tax payments," it said.
The Reserve Bank has designated bank branches of State Bank of Indi public sector bank branches, HDFC Bank, ICICI Bank, Axis Ban, IDBI Ban and Kotak Mahindra Bankto collect advance tax payments.
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