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    <title>Recent changes in some popular small saving schemes.</title>
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    <description>Amendments revise availability, interest, maturity, encashment and investment rules for multiple small savings instruments effective from the stated commencement date. A specified savings instrument is discontinued while outstanding issues remain governed by prior terms; a new class of government savings certificates is declared under the governing Act; PPF interest and subscription ceiling are raised; one series of certificates has revised maturity, year wise interest accrual and encashment schedules for issues on or after the effective date; Post Office Time Deposit and Monthly Income Account rules set new interest tables and alter premature withdrawal and bonus provisions; National Small Savings Fund investment rules permit investment in other instruments but require matured proceeds to be reinvested in government securities, creating a drafting tension.</description>
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    <pubDate>Wed, 28 Dec 2011 13:26:16 +0530</pubDate>
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      <title>Recent changes in some popular small saving schemes.</title>
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      <description>Amendments revise availability, interest, maturity, encashment and investment rules for multiple small savings instruments effective from the stated commencement date. A specified savings instrument is discontinued while outstanding issues remain governed by prior terms; a new class of government savings certificates is declared under the governing Act; PPF interest and subscription ceiling are raised; one series of certificates has revised maturity, year wise interest accrual and encashment schedules for issues on or after the effective date; Post Office Time Deposit and Monthly Income Account rules set new interest tables and alter premature withdrawal and bonus provisions; National Small Savings Fund investment rules permit investment in other instruments but require matured proceeds to be reinvested in government securities, creating a drafting tension.</description>
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