https://www.taxtmi.com/news?id=13557 Reintroduction of Kisan Vikas Patra restores a government-backed certificate savings instrument available in specified denominations with no upper ceiling on investment. Certificates may be issued in single or joint names, transferred multiple times, moved between post offices nationwide, nominated, and pledged as security for loans. KYC norms apply; sales will commence at post offices and extend to designated nationalised bank branches. The scheme provides for a fixed maturity where invested capital doubles and permits encashment after a lock-in period at recurring maturity intervals, offering liquidity while supporting household savings and government financing objectives. en-us Mon, 17 Nov 2014 18:44:23 +0530 Mon, 17 Nov 2014 18:44:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13557 Reintroduction of Kisan Vikas Patra restores a government-backed certificate savings instrument available in specified denominations with no upper ceiling on investment. Certificates may be issued in single or joint names, transferred multiple times, moved between post offices nationwide, nominated, and pledged as security for loans. KYC norms apply; sales will commence at post offices and extend to designated nationalised bank branches. The scheme provides for a fixed maturity where invested capital doubles and permits encashment after a lock-in period at recurring maturity intervals, offering liquidity while supporting household savings and government financing objectives. News - Mon, 17 Nov 2014 18:44:23 +0530 https://www.taxtmi.com/news?id=13557