Kisan Vikas Patra updates: new nine years seven months maturity and prescribed premature encashment values for post April accounts. Amendments to the Kisan Vikas Patra Scheme revise transitional date references to cover 'between 1st January, 2023 and 31st March, 2023 (both days inclusive)', set the maturity period for accounts opened on or after 1 April 2023 at nine years and seven months with deposits doubling on maturity, and insert TABLE 5 prescribing premature encashment values for a 1,000 rupee certificate opened on or after 1 April 2023, culminating in a 2,000 rupee maturity value.
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.
Kisan Vikas Patra updates: new nine years seven months maturity and prescribed premature encashment values for post April accounts.
Amendments to the Kisan Vikas Patra Scheme revise transitional date references to cover "between 1st January, 2023 and 31st March, 2023 (both days inclusive)", set the maturity period for accounts opened on or after 1 April 2023 at nine years and seven months with deposits doubling on maturity, and insert TABLE 5 prescribing premature encashment values for a 1,000 rupee certificate opened on or after 1 April 2023, culminating in a 2,000 rupee maturity value.
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 
