TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act 2018: Section 134 Repeals Savings Acts, Preserves Existing Deposits and Interests in New Scheme</h1> Section 134 of the Finance Act, 2018, amends the Government Savings Banks Act, 1873, by inserting a new section that repeals the Government Savings Certificates Act, 1959, and the Public Provident Fund Act, 1968. Despite these repeals, actions taken under the repealed acts remain valid under the new provisions. Existing deposits and certificates are considered part of the new savings scheme. The repeal does not affect the interests of depositors who made contributions before the amendments. The Schedule lists applicable government savings schemes, distinguishing between existing and discontinued schemes.
TaxTMI 
TaxTMI 
