National Savings Scheme: amends rules to reference rule 6 for interest rates in specified provisions. Amends the National Savings Scheme Rules, 1992 by substituting the fixed phrase 'interest at the rate of eleven per cent per annum' with 'interest at the rate as specified in rule 6' in rule 7(3) and in the proviso to rule 10, centralising interest rate determination in rule 6 and commencing on publication in the Official Gazette under authority of the Government Savings Banks Act, 1873.
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National Savings Scheme: amends rules to reference rule 6 for interest rates in specified provisions.
Amends the National Savings Scheme Rules, 1992 by substituting the fixed phrase "interest at the rate of eleven per cent per annum" with "interest at the rate as specified in rule 6" in rule 7(3) and in the proviso to rule 10, centralising interest rate determination in rule 6 and commencing on publication in the Official Gazette under authority of the Government Savings Banks Act, 1873.
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