Commission rates for small savings agents revised, certain scheme commissions discontinued and state incentives offset against central commission. Notification sets commission for MPKBY agents at 4% for Five Year Recurring Deposit accounts and for SAS agents at 0.5% for One Year, Two Year/Three Year and Five Year Time Deposits, Monthly Income Account, Five/Six Year NSC (VIII Issue) and Ten Year NSC (IX Issue). It discontinues commission on Public Provident Fund and Senior Citizens Savings Scheme and provides that state/UT incentives will be reduced from central commission payments. Effective date: 1 December 2011.