https://www.taxtmi.com/news?id=25409 Repayment of the 8.15% government security is payable at par on maturity and stops accruing interest from that date; if a State Government declares a holiday under the Negotiable Instruments Act, paying offices in that State will repay on the previous working day. Under Government Securities Regulations, 2007 sub regulations 24(2) and 24(3), maturity proceeds are payable by pay order with bank particulars or by credit to the holder's bank account via electronic means, for which holders must submit bank particulars in advance. Absent such particulars, holders may tender duly discharged securities at designated paying offices twenty days before maturity. en-us Fri, 13 May 2022 18:12:10 +0530 Fri, 13 May 2022 18:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25409 Repayment of the 8.15% government security is payable at par on maturity and stops accruing interest from that date; if a State Government declares a holiday under the Negotiable Instruments Act, paying offices in that State will repay on the previous working day. Under Government Securities Regulations, 2007 sub regulations 24(2) and 24(3), maturity proceeds are payable by pay order with bank particulars or by credit to the holder's bank account via electronic means, for which holders must submit bank particulars in advance. Absent such particulars, holders may tender duly discharged securities at designated paying offices twenty days before maturity. News - Fri, 13 May 2022 18:12:10 +0530 https://www.taxtmi.com/news?id=25409