Amendment of Notification No. G.S.R. 607(E) of Income Tax. - 32/2011 - Income Tax

Interest exemption for Post Office Savings Bank accounts updated; revised individual and joint account limits take effect upon publication.

The notification substitutes the prior entry to prescribe exempt limits for interest from Post Office Savings Bank Account, distinguishing individual account and joint account treatment with separate exempt ceilings, and provides that the amendment takes effect from the date of publication in the Official Gazette.