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>Post Office Monthly Income savings account rules expand authorised banks, define eligible individual depositors and guardian-managed accounts</h1> 'Account' is defined as a savings account opened by a depositor in accordance with the Post Office (Monthly Income Account) Rules, 1987, and 'Act' refers to the Government Savings Bank Act, 1873. 'Bank' is defined as any authorised branch of a public or private sector commercial bank permitted to open an account under these rules, expanding permissible account-opening points beyond post offices. 'Deposit' means money deposited in an account, and 'depositor' means an individual depositing on their own behalf or as guardian of a minor or person of unsound mind, thereby limiting eligible depositors to individuals and expressly recognising guardian-operated accounts. 'Post office' is defined as any authorised post office doing savings bank work, and undefined terms adopt meanings from the Post Office Savings Bank General Rules, 1981.
TaxTMI 
TaxTMI 
