Banks Open On February 28 To Assist Taxpayers

In a recent development, the State Bank of Pakistan (SBP) has announced that commercial banks will open selected branches on Saturday, February 28, 2026, from 9 AM to 1 PM to facilitate taxpayers in making over-the-counter payments of government duties and taxes. This decision follows a request from the Federal Board of Revenue (FBR) to ease the tax payment process during a critical period. According to the SBP, "The banks have been advised to keep their concerned branches open on February 28, 2026, for as long as required to facilitate the Special Clearing for Government transactions conducted by NIFT," which highlights the urgency of the situation as the deadline for tax payments approaches. Additionally, banks are expected to ensure the availability of online payment channels to support digital transactions during this time.