Post Office (Monthly Income Account) Amendment Rules, 2011 – Amendment in rule 9A – NOTIFICATION NO. G.S.R. 741(E)

NOTIFICATION NO. G.S.R. 741(E), DATED 4-10-2011

In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office (Monthly Income Account) Rules, 1987, namely:—

1. (1) These rules may be called the Post Office (Monthly Income Account) Amendment Rules, 2011.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Post Office (Monthly Income Account) Rules, 1987, in rule 9A, the words “for a maximum period of two years” shall be omitted.

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3. Post Office Recurring Deposit (Amendment) Rules, 2011 – Amendment in rules 6, 9, 9A and 11
4. Senior Citizens Savings Scheme (Amendment) Rules, 2010 – Amendment in rule 8
5. Taxation of Interest Received From Post Office Savings Bank Account