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POST OFFICE RECURRING DEPOSIT (AMENDMENT) RULES, 2012 - AMENDMENT IN RULES 9, 10 11 AND 12.

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..... rther to amend the Post Office Recurring Deposit Rules, 1981, namely:- 1. (1) These rules may be called the Post Office Recurring Deposit (Amendment) Rules, 2012. (2) They shall deemed to have come into force on the 1st day of April, 2012. 2. In the Post Office Recurring Deposit Rules, 1981 (hereinafter referred to as the said rules), in rule 9,- ( a ) in the Schedule to the said rule .....

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..... b) and (c), for the words and figures "Tables 3, 4, 12, 14, 18, 21, 23, 27, 30, 33, 36, 39, 42 or 45", the words and figures "Tables 3, 4, 12, 14, 18, 21, 23, 27, 30, 33, 36, 39, 42, 45 or 48" shall be substituted. 5. In rule 12 of the said rules,- ( a ) in sub-rule (1), in item (b), in sub-item (ii), for the words and figures "Tables 5, 6, 7,8, 9, 10,15, 16, 19, 24, 25, 28, 31, 34, 37, 40, .....

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..... account continued Amount (Rupees) repayable on an account of Rs. 10 denomination One year 936.78 Two years 1143.55 Three years 1368.23 Four years 1612.40 Five years 1877.73 Note : The amount repayable on an account of any other denomination shall be proportionate to the amount specified above. Table 48 .....

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..... ive Year Recurring Deposit Account opened on or after the 1st day of April, 2012. Number of deposits made Amount (Rupee) for denomination of Rs. 10 No. of deposits made Amount (Rupees) for denomination of Rs. 10 1 to 11 Deposits made 36 409.64 12 125.43 37 423.21 13 136.35 38 436.22 .....

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..... 31 346.53 56 686.52 32 358.98 57 701.36 33 371.52 58 716.30 34 384.14 59 731.35 35 396.85 60 746.51 Note : The amounts shall be proportionate for other denominations". - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi .....

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