Finance : Every individual desirous of subscribing to Fund under the Scheme for the first time either on his own behalf or on behalf of a mi...
Finance : Stay informed about recent updates in small saving schemes post-retirement, including rules for opening accounts and time limits f...
Corporate Law : No. FS-13/7/2020-FS Government of India Ministry of Communications Department of Posts (F.S.Division) Dak Bhawan New Delhi-110001 ...
Finance : In accordance with the decisions taken by the Government on the basis of the recommendations of the Committee for Comprehensive Re...
Finance : The Department of Posts launched Personalized Cheque Books for POSA customers with pre-printed account details and IFSC informatio...
Finance : Under SB Order No. 03/2026, customers can now withdraw up to ₹20,000 through Aadhaar authentication without submitting withdrawa...
Finance : The Department of Posts revised the limit for voucher-free Aadhaar-authenticated withdrawals from ₹5,000 to ₹20,000. The move ...
Income Tax : The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountabilit...
Finance : The government has kept small savings interest rates unchanged for April–June 2026, ensuring continued stable returns for invest...
Notification No. 744/2011 – Income Tax In exercise of the powers conferred by Section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes the following rules further to amend the National Savings Certificates (VIII Issue) Rules, 1989, namely
Notification No. 743/2011 – Income Tax 1. (1) These rules may be called the Kisan Vikas Patra (Amendment) Rules, 2011. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Kisan Vikas Patra Rules, 1988, in rule 13A, the words “for a maximum period of two years” shall be omitted.
Notification No. 742/2011 – Income Tax 1. (1) These rules may be called the Post Office Time Deposit (Amendment) Rules, 2011. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Post Office Time Deposit Rules, 1981, in rule 9, the words “for a maximum period of two years” shall be omitted.
Notification No. 741 – Income Tax 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
Notification No. 740 – Income Tax wers 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 Recurring Deposit Rules, 1981, namely
Notification No. GSR 882(E), dated 3-11-2010 In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Savings Account Rules, 1981, namely :—
These rules may be called the Post Office (Monthly Income Accounts) Amendment) Rules, 2007. (2) They shall come into force on the date of their publication in the Official Gazette.2. 2. In the Post Office (Monthly Income Account) Rules, 1987,—(i) in rule 4, for the words “three lakh” and “six lakh”, the words “four lakh fifty thousand” and “nine lakh” respectively shall be substituted;
The Department of Post is doing an agency work on behalf of the Ministry of Finance, Department of Economic Affairs. Several queries have been received from various Circles regarding deduction of TDS and Surcharge.