Notification No. G.S.R. 868(E), dated 07-12-2011- In exercise of the powers conferred by section 1(3) of the Government Savings Certificates Act, 1959, the Central Government through this notification has specified that National Savings Certificates-IX Issue shall be the class of Savings Certificates to which the said Act applies. Accordingly, subscription to such saving certificates would qualify for deduction under section 80C.
Full text of the notification is as follows:-
Notification No. G.S.R. 868(E), dated 7-12-2011
In exercise of the powers conferred by sub-section (3) of section 1 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby specifies that the National Savings Certificates-IX Issue shall be the class of Savings Certificates to which the said Act applies.
