Showing posts with label Postal Savings Schemes. Show all posts
Showing posts with label Postal Savings Schemes. Show all posts
Saturday, April 13, 2024
Tuesday, March 12, 2024
Saturday, February 24, 2024
Short notes on all Postal Savings Schemes ( Updated as on 01/01/2024)
Short notes on all Postal Savings Schemes ( Updated as on 01/01/2024)
Short notes on Postal Savings Account ( PO SA)
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Short notes on Recurring Deposit (PO RD)
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Short notes on Monthly Income Scheme (MIS)
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Short notes on Time Deposit (PO TD)
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Short notes on Senior Citizen Savings Scheme (SCSS)
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Short notes on Sukanya Samriddhi Account (SSA)
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15 year Public Provident Fund Account (PPF )
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Short notes on Kishan Vikas Patra (KVP)
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Short notes on National Savings Certificate (NSC)
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Short notes on Mahila Samman Savings Certificate (MSSC)
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Wednesday, February 21, 2024
Friday, February 16, 2024
National Savings Time Deposit (Amendment) Scheme, 2024 and Sukanya Samriddhi Account (Amendment) Scheme, 2024: Notification
National Savings Time Deposit (Amendment) Scheme, 2024 and Sukanya Samriddhi Account (Amendment) Scheme, 2024: Notification
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 12th February, 2024
G.S.R. 108(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the National Savings Time Deposit Scheme, 2019, namely:-
1. Short title and commencement.-(1) This Scheme may be called the National Savings Time Deposit (Amendment) Scheme, 2024.
(2) It shall be deemed to have come into force on the 1st day of January, 2024.
2. In the National Savings Time Deposit Scheme, 2019 (hereinafter referred to as the said Scheme), in paragraph 7,-
(a) in sub-paragraph 1(E), for the words, figures and letters, “on or after 1st day of July, 2023”, the words, figures, letters and brackets “between the 1st day of July, 2023 and 31st day of December, 2023 (both days inclusive)” shall be substituted;
(b) after sub-paragraph 1(E), the following sub-paragraph and Table shall be inserted, namely:-
“1(F) The rate of interest as specified in the Table below shall be applicable to the deposit made on or after the 1st day of January, 2024 under the Scheme.
TABLE
|
Sl. No. |
Category of account |
Rate of interest |
|
(1) |
(2) |
(3) |
|
1. |
One-year |
6.9 |
|
2. |
Two-years |
7.0 |
|
3. |
Three-years |
7.1 |
|
4. |
Five-years |
7.5” |
[F. No. 1/04/2016-NS]
ASHISH VACHHANI, Addl. Secy.
Explanatory Memorandum.- By giving retrospective effect to the National Savings Time Deposit (Amendment) Scheme, 2024, no one shall be adversely affected as a result of retrospective effect being given to this amendment.
Note : The principal Scheme was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 922(E), dated the 12th December, 2019 and subsequently amended vide number G.S.R. 289(E), dated the 5th May, 2020, G.S.R. 838(E), dated the 22nd November, 2022, G.S.R. 53(E), dated the 20th January, 2023, G.S.R. 327(E), dated the 27th April, 2023, G.S.R. 620(E), dated the 23rd August, 2023 and G.S.R. 830(E), dated the 7th November, 2023.
NOTIFICATION
New Delhi, the 12th February, 2024
G.S.R. 109(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the Sukanya Samriddhi Account Scheme, 2019, namely:-
1. Short title and commencement.-(1) This Scheme may be called the Sukanya Samriddhi Account (Amendment) Scheme, 2024.
(2) It shall be deemed to have come into force on the 1st day of January, 2024.
2. In the Sukanya Samriddhi Account Scheme, 2019, in paragraph 5,-
(a) in sub-paragraph (1B), for the words, figures and letters, “on or
after the 1st day of April, 2023”, the
following words, figures, letters and brackets “between 1st day of April, 2023
to 31st day of December, 2023 (both days inclusive)” shall be substituted;
(b) after sub-paragraph (1B), the following sub-paragraph shall be inserted, namely:-
“(1C) The deposits made in the account on or after the 1st day of January, 2024 and the balances at the credit of the account shall earn interest at the rate of 8.2 per cent. per annum.”.
[F. No. 1/04/2016-NS]
ASHISH VACHHANI, Addl. Secy.
Explanatory Memorandum.- By giving retrospective effect to the Sukanya
Samriddhi Account (Amendment) Scheme, 2024, no one shall be adversely affected
as a result of retrospective effect being given to this amendment.
Note : The principal Scheme was published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 922(E),
dated the 12th December, 2019 and subsequently amended vide number G.S.R.
288(E), dated the 5th May, 2020 and G.S.R. 329 (E), dated the 27th April, 2023.
