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1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


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<h1>Maturity repayment procedure for government securities: holders must provide bank account details for electronic payment.</h1> Payment at par is made on the maturity date with interest ceasing from that date. Holders of securities in Subsidiary General Ledger, Constituent Subsidiary General Ledger, or Stock Certificate form must submit bank account particulars or an electronic mandate in advance so payment can be made by credit or by a pay order incorporating bank particulars. Absent such particulars, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries, or designated bank branches for repayment. Paying offices will advance payment if the maturity date is a state-declared holiday.