https://www.taxtmi.com/news?id=218 Investments in the Five Year Post Office Time Deposit Account and the Senior Citizens Savings Scheme are made eligible for deduction under the relevant income tax deduction provision from 1 April 2007. A bonus of five per cent will be payable on Post Office Monthly Income Account deposits upon maturity for new accounts opened on or after 8 December 2007, increasing the scheme's effective yield and enhancing its competitiveness with comparable bank deposits and government securities. en-us Sat, 08 Dec 2007 09:26:00 +0530 Wed, 25 Jun 2008 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=218 Investments in the Five Year Post Office Time Deposit Account and the Senior Citizens Savings Scheme are made eligible for deduction under the relevant income tax deduction provision from 1 April 2007. A bonus of five per cent will be payable on Post Office Monthly Income Account deposits upon maturity for new accounts opened on or after 8 December 2007, increasing the scheme's effective yield and enhancing its competitiveness with comparable bank deposits and government securities. News - Sat, 08 Dec 2007 09:26:00 +0530 https://www.taxtmi.com/news?id=218