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NRB Tells Banks to Open Counters on Saturday for Revenue Collection

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NRB Tells Banks to Open Counters on Saturday for Revenue Collection
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January 8: Nepal Rastra Bank (NRB) has instructed banks and financial institutions (BFIs) to remain open on Saturday, January 9.

The central bank issued such directive to the Nepal Clearing House Limited as well as branches and counters of bank that are involved in the government’s revenue collection.

The central bank issued a notice on Thursday (January 7) instructing the BFIs to open their branches and counters for revenue collection in the first six months of the current fiscal year.

Nepal Rastra Bank has said that the tax payment can be done at the branches and counters and also through electronic means using the Real Time Gross Settlement (RGTS) system. Prior to this, revenue collection had to be done during office time but now the electronic payment system has also been added for the convenience of the taxpayers.

 

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