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    <title>Special Clearing operations on March 30 and 31, 2016</title>
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    <description>Directive mandates special clearing on March 30-31, 2016 for Government receipts and payments, with specified presentation and return session timings (single session for CTS 2010 and non CTS 2010 in CTS grids; locally determined timings for non MICR/ECCS centers). All clearing house member banks must participate, keep inward clearing infrastructure open during special hours and maintain sufficient clearing settlement balances. Outward participation depends on instruments received for government accounts. Banks must also be ready to operate RTGS/NEFT during extended windows as instructed.</description>
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    <pubDate>Mon, 28 Mar 2016 00:00:00 +0530</pubDate>
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      <title>Special Clearing operations on March 30 and 31, 2016</title>
      <link>https://www.taxtmi.com/circulars?id=54383</link>
      <description>Directive mandates special clearing on March 30-31, 2016 for Government receipts and payments, with specified presentation and return session timings (single session for CTS 2010 and non CTS 2010 in CTS grids; locally determined timings for non MICR/ECCS centers). All clearing house member banks must participate, keep inward clearing infrastructure open during special hours and maintain sufficient clearing settlement balances. Outward participation depends on instruments received for government accounts. Banks must also be ready to operate RTGS/NEFT during extended windows as instructed.</description>
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      <pubDate>Mon, 28 Mar 2016 00:00:00 +0530</pubDate>
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