Bank Holidays: Banks will remain closed for 4 consecutive days, know in which states there is a holiday?

 

Bank Holidays: After Diwali, the great festival of Chhath Puja is also near. Devotees will start the fast with Nahai-Khai on November 5. In such a situation, there will be bank holidays for 4 consecutive days in some states of the country.

Bank Holidays: After Diwali, people have started preparing for Chhath Puja in full swing. Chhath Puja is mainly a major festival of Bihar and Jharkhand, but now it is being celebrated with great pomp not only in this country but also abroad. In such a situation, the Reserve Bank of India has declared a holiday in some states. According to the list of holidays of RBI, banks will remain closed for 4 consecutive days from 7 to 10 November on the occasion of Chhath Puja. Please note that this also includes the second Saturday of November and the weekly holiday on Sunday.

Banks will remain closed for 4 consecutive days in these states

This year the festival of Chhath Puja is starting from 5th November with Nahai-Khai. During these 4 days, women fasting will fast for 36 hours. After this, the fast will be ended by offering Ardha to the Sun God on the morning of 7th November. In such a situation, there will be a bank holiday in Bihar, Delhi, Jharkhand and Bengal on 7th November.

After this, there will be a holiday in these states on Friday, 8th November as well. There will be a holiday in Bihar, Jharkhand and Meghalaya on this day. After this, the second Saturday of the month of November is falling on 9th November, so there will be a holiday in all the states of the country, while on 10th November, due to Sunday being a weekly holiday, all banks will remain closed.

These festivals are falling in November

In the month of November, there will be a total of more than 10 bank holidays. This includes Diwali holiday, Kut festival, Kannada Rajyotsava, Balipadami, Vikram Samvat New Year Day, Chhath (evening prayer), Chhath (morning prayer) / Wangala festival, Igas-Baghwal, Guru Nanak Jayanti Purnima / Rahas Purnima, Kanakadas Jayanti, Seng Kutsnem festival.

Digital services will remain operational

Please note that on the occasion of Chhath Puja, banks will remain closed for 4 consecutive days and you can use net banking and mobile banking for any bank related work. These facilities will remain operational uninterruptedly. However, any branch related work will be possible only after the holidays. In such a situation, you must check the list of holidays once before going to the bank, so that your time is not wasted.

Comments

Post a Comment

Popular posts from this blog

Senior Citizen Train Ticket Discount: Government has issued a new statement regarding giving discount to senior citizens on train tickets, know the details here

Image
  Senior Citizen Train Ticket Discount: Once again a demand has been made in the Lok Sabha to give discount to senior citizens on train tickets. Senior Citizen Train Ticket Discount:  Railways has withdrawn the discount given to senior citizens on train tickets since the Corona period. However, from time to time there has been a demand to restore this concession given to senior citizens in trains. Even in the winter session of the Lok Sabha, some members raised the demand for increasing fare concessions and facilities for senior citizens traveling in trains. However, even before this, Railway Minister Ashwini Vaishnav has told in the Lok Sabha that during the train journey, every passenger is given an average subsidy of 53 percent on the train ticket. Apart from this, he also told who gets discount on tickets while traveling by train. Demand for discount in train tickets raised again During Zero Hour in the House, Janata Dal (United) MP Kaushalendra Kumar said that before the Corona ep
Read more

Cash Transaction Rules: Income tax rules on cash transaction between Husband-Wife and Son-Father, know rules

Image
  Cash Transaction Rules: Income tax keeps an eye on our every transaction. But is there any tax on cash transactions or can Income Tax send a notice? Or how much cash transaction can take place between you and your wife or between father and son? If you also have these questions in your mind, then let us know their answers… If you also transact money between father and son or between husband and wife, then this news is useful for you. Actually, every transaction of ours has an eye on income. In such a situation, a question arises in the minds of many people whether income tax notice can be received even on cash transactions? Let us know how much cash transaction you can do in your family. Income tax sends notice? According to tax experts, if you give money every month for household expenses or give money as a gift, then the wife is not liable for income tax. Both these types of amounts will be considered as the income of the husband. The wife will not receive any notice from the Incom
Read more

Have a Current/Savings Bank Account? Know the Cash Deposit Limits under Income Tax Act to avoid Penalties and Notices

Image
  Adhering to cash deposit and withdrawal limits is crucial to remain compliant with the Income Tax Act in India. This article aims to elucidate the various facets of cash-related regulations, encompassing savings and current accounts, fixed deposits, credit card bill payments, real estate transactions, and more.  Cash Deposit Limits in Savings and Current Accounts The Indian Income Tax Act imposes specific regulations on significant cash deposits in savings accounts. Individuals accumulating INR 10 lakh or more during a fiscal year must notify tax authorities.  For current accounts, this threshold is set higher at INR 50 lakh. Although not immediately taxed, financial institutions report transactions exceeding these limits.  Cash Withdrawal and TDS under Section 194N  Section 194N outlines TDS rules for cash withdrawals. A 2% TDS is levied on withdrawals exceeding INR 1 crore within a fiscal year. Non-filers face a 2% TDS on withdrawals over INR 20 lakh and a 5% TDS on amounts exceedi
Read more