All branches of banks will remain open on Sundays till March 31. RBI has ordered banks to keep their branches open till March 31. The reason for this is annual closing. Actually, the financial year 2022-23 will end on 31st of this month. That’s why RBI has told the banks that all the transactions related to the government of this month should be settled by 31st March. He has asked the banks to take special care for this.

RBI’s press release states that all agency banks will have to keep their branches open till normal working hours on March 31 for over the counter transactions related to the government. The bank has also said that transactions through National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems will continue till 24:00 (12 midnight) on March 31.

Special Clearing for Collection of Government Checks
Special clearing will be conducted for collection of government cheques, for which the Department of Payment and Settlement Systems (DPSS) will issue necessary instructions. DPSS comes under RBI. The reporting window for reporting Central and State Government transactions will remain open on March 31 till noon on April 1.

Link PAN with Aadhaar by March 31
If you have not yet linked your PAN with Aadhaar, get it done by March 31, 2023. Failure to do so will make your PAN inactive. The Central Board of Direct Taxes (CBDT) is charging a late fee of Rs 1000 for linking PAN with Aadhaar from June 30, 2022 onwards. Click here to read full news

Deposit minimum amount in PPF-Sukanya accounts
If you have a Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY) account, but could not deposit money in this financial year, then to keep the account active, put some money in it till March 31. These accounts can become inactive (closed) if money is not deposited in PPF and SSY.

If you do not put the minimum required amount, then you will have to pay a fine to get them activated again. You have to maintain minimum investment in these schemes of yours to know that your account is active. We are telling you that what is the minimum amount you have to deposit in the account.