Monthly Income Account rule allows government to relax provisions that cause undue hardship, with reasons recorded in writing. Rule 12 authorises the Central Government to relax any provision of the National Saving (Monthly Income Account) Rules, 1987 if its operation causes undue ... Summary
Monthly Income Account rule allows government to relax provisions that cause undue hardship, with reasons recorded in writing.
Rule 12 authorises the Central Government to relax any provision of the National Saving (Monthly Income Account) Rules, 1987 if its operation causes undue hardship to a depositor, by order made with reasons in writing, provided such relaxation is not inconsistent with the Act.
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