Some holidays will be state specific i.e. only certain states/regions will have bank holidays on those dates.

Reserve Bank of India has released the list of bank holidays for January 2023. According to the list, banks will be closed for 13 days in January. However, some of these holidays will be state specific i.e. only certain states/regions will have bank holidays on those dates. National Bank Holiday is observed by all the banks across the country.

All bank holidays are classified into four different categories under the Negotiable Instruments Act of 1881. These include Holidays under the Negotiable Instruments Act, the Bank's Closing of Accounts, and Real-time Gross Settlement Holidays. Know for which 13 days in January 2023 the bank will remain. This will also include weekend holidays.

Bank holiday list

Sunday, January 1, 2023: Weekend/New Year - All States

Monday, 2 January 2023: New Year Celebration – Aizawl, Mizoram

Tuesday, January 3, 2023: Imoinu Iratpa – Imphal

Wednesday, 4 January 2023: Gan-Nagai- Imphal

Sunday, January 8, 2023: Weekend - All States

Saturday, January 14, 2023: Second Saturday / Makar Sankranti

Sunday, January 15, 2023: Pongal/Magh Bihu and Weekend

Sunday, January 22, 2023: Weekend - All States

Monday, 23 January 2023: Netaji Subhash Chandra Bose Birth Anniversary

Thursday, 26 January 2023: Republic Day – All States (National Holiday)

Saturday, January 28, 2023: Fourth Saturday - All States

Sunday, January 29, 2023: Weekend - All States

Pay income tax with a late fee

Please tell me that only a few days are left in the year 2022. Before the start of the new year, complete various tasks related to banking and income tax, otherwise there will be trouble later. The last date for submission of the income tax return file for the financial year 2021-22 was 31 July 2022. But the government had increased it to 31 December 2022 with late fees to give relief to the taxpayers.

As per section 234F, ITR filing with a total income of Rs 5,00,000 and above will attract a penalty of up to Rs 5,000. While taxpayers with income less than Rs 5,00,000 will have to pay Rs 1,000 as a penalty.