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of <h1>Annuity deposits from 1977-78 to earn 4.25% interest per annum under Section 280D of Income-tax Act, 1961.</h1> The Central Government announces that annuity deposits made or recovered during the financial year 1977-78 will accrue interest at a rate of 4.25% per annum. This notification is issued under the provisions of Section 280D of the Income-tax Act, 1961.
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