Revision of interest rates for small savings schemes: annual rates updated and to be notified effective at start of the financial year. Revision of interest rates every financial year is instituted for central small savings schemes, to be notified before the start of each financial year; the Finance Minister approved scheme-specific rates effective from the beginning of the stated financial year, determined on the basis of the compounding or payment features of each scheme, and formal notifications will be issued separately.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revision of interest rates for small savings schemes: annual rates updated and to be notified effective at start of the financial year.
Revision of interest rates every financial year is instituted for central small savings schemes, to be notified before the start of each financial year; the Finance Minister approved scheme-specific rates effective from the beginning of the stated financial year, determined on the basis of the compounding or payment features of each scheme, and formal notifications will be issued separately.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
