National Savings Monthly Income Account limits increased to fifteen lakh by amendment, effective on Gazette publication. The Amendment substitutes higher monetary figures in paragraph 4(2) of the National Savings (Monthly Income Account) Scheme, replacing 'rupees four lakh fifty thousand' with 'nine lakhs' and replacing the existing 'nine lakhs' figure with 'fifteen lakh,' thereby increasing the investment ceilings; the Scheme is made under the Government Savings Promotion Act, 1873 and comes into force on publication in the Official Gazette.
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National Savings Monthly Income Account limits increased to fifteen lakh by amendment, effective on Gazette publication.
The Amendment substitutes higher monetary figures in paragraph 4(2) of the National Savings (Monthly Income Account) Scheme, replacing "rupees four lakh fifty thousand" with "nine lakhs" and replacing the existing "nine lakhs" figure with "fifteen lakh," thereby increasing the investment ceilings; the Scheme is made under the Government Savings Promotion Act, 1873 and comes into force on publication in the Official Gazette.
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