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 Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>National Savings Certificate encashment when holder becomes non-resident during maturity, with savings account interest until payout</h1> Rule 4(3) of the National Savings Certificate (VIII-Issue) Rules, 1989 is amended to require that where a resident Indian who has purchased a certificate subsequently becomes a non-resident during the maturity period, the certificate must be encashed, or is deemed to be encashed, on the date the holder becomes non-resident. From that date until the last day of the month preceding the month of actual encashment, interest is payable only at the rate applicable to the Post Office Savings Account (as varied from time to time). This amendment takes effect from the date of publication in the Official Gazette.
TaxTMI 
TaxTMI 
