https://www.taxtmi.com/acts?id=8373 Rule 8 sets the interest rates for Monthly Income Account deposits according to the date of deposit, requires monthly payment of interest from completion of each month, permits crediting monthly interest to the depositor's savings account (including Core Banking accounts) if authorised and subject to balance limits, provides that unclaimed monthly interest does not earn further interest, mandates rounding to the nearest rupee, and requires post offices to secure withdrawal of deposits exceeding prescribed ceilings and to pay interest on such excess at the Post Office Savings Account rate until the month before the withdrawal request. en-us Mon, 18 Feb 2008 11:54:21 +0530 Mon, 05 Jan 2026 15:34:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8373 Rule 8 sets the interest rates for Monthly Income Account deposits according to the date of deposit, requires monthly payment of interest from completion of each month, permits crediting monthly interest to the depositor's savings account (including Core Banking accounts) if authorised and subject to balance limits, provides that unclaimed monthly interest does not earn further interest, mandates rounding to the nearest rupee, and requires post offices to secure withdrawal of deposits exceeding prescribed ceilings and to pay interest on such excess at the Post Office Savings Account rate until the month before the withdrawal request. Act-Rules Direct Taxes Mon, 18 Feb 2008 11:54:21 +0530 https://www.taxtmi.com/acts?id=8373