https://www.taxtmi.com/circulars?id=52574 Inflation Indexed National Savings Securities-Cumulative (IINSS-C) will be offered to retail investors through banks; eligible investors include individuals, HUFs, section 25 charitable institutions and statutory universities. Interest comprises a fixed component and an inflation linked component tied to the combined CPI (Base:2010=100), compounded into principal half yearly and payable at maturity. Early redemption is allowed only on coupon dates, after one year for senior citizens and after three years for others, subject to a penalty equal to 50% of the last coupon. RBI will announce further scheme details. en-us Mon, 02 Dec 2013 00:00:00 +0530 Thu, 05 Dec 2013 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52574 Inflation Indexed National Savings Securities-Cumulative (IINSS-C) will be offered to retail investors through banks; eligible investors include individuals, HUFs, section 25 charitable institutions and statutory universities. Interest comprises a fixed component and an inflation linked component tied to the combined CPI (Base:2010=100), compounded into principal half yearly and payable at maturity. Early redemption is allowed only on coupon dates, after one year for senior citizens and after three years for others, subject to a penalty equal to 50% of the last coupon. RBI will announce further scheme details. Circulars Income Tax Mon, 02 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52574