<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>MAXIMUM LIMIT FOR INVESTMENT IN MONTHLY INCOME SCHEME</title>
    <link>https://www.taxtmi.com/news?id=329</link>
    <description>Maximum deposit limit for the Monthly Income Scheme was raised to specified single account and joint account ceilings effective 1 August 2007. Deposit caps apply only to Post Office Savings Accounts, Public Provident Fund and the Senior Citizens Savings Scheme; other small savings schemes have no upper limit. The Government declined to increase caps for Post Office Savings Accounts and Public Provident Fund because tax exempt interest on those accounts would cause additional revenue loss.</description>
    <language>en-us</language>
    <pubDate>Tue, 18 Mar 2008 22:57:00 +0530</pubDate>
    <lastBuildDate>Tue, 24 Jun 2008 13:25:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=303103" rel="self" type="application/rss+xml"/>
    <item>
      <title>MAXIMUM LIMIT FOR INVESTMENT IN MONTHLY INCOME SCHEME</title>
      <link>https://www.taxtmi.com/news?id=329</link>
      <description>Maximum deposit limit for the Monthly Income Scheme was raised to specified single account and joint account ceilings effective 1 August 2007. Deposit caps apply only to Post Office Savings Accounts, Public Provident Fund and the Senior Citizens Savings Scheme; other small savings schemes have no upper limit. The Government declined to increase caps for Post Office Savings Accounts and Public Provident Fund because tax exempt interest on those accounts would cause additional revenue loss.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 18 Mar 2008 22:57:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=329</guid>
    </item>
  </channel>
</rss>