https://www.taxtmi.com/acts?id=41330 Amendments to the Government Savings Promotion Act, 1873 substitute sub-section (4) of section 4A to permit payment of an eligible balance to the legal heir where a depositor dies without nomination by recognising a legal heir certificate as valid proof, simplify claims for accounts exceeding the rule-prescribed balance, and consequentially amend clause (i) of sub-section (2) of section 15; the Part commences on notification by the Central Government and the Schedule is amended to include savings schemes notified on or after 12th December, 2019. en-us Wed, 01 Feb 2023 16:29:58 +0530 Wed, 01 Feb 2023 16:29:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41330 Amendments to the Government Savings Promotion Act, 1873 substitute sub-section (4) of section 4A to permit payment of an eligible balance to the legal heir where a depositor dies without nomination by recognising a legal heir certificate as valid proof, simplify claims for accounts exceeding the rule-prescribed balance, and consequentially amend clause (i) of sub-section (2) of section 15; the Part commences on notification by the Central Government and the Schedule is amended to include savings schemes notified on or after 12th December, 2019. Act-Rules Bill Wed, 01 Feb 2023 16:29:58 +0530 https://www.taxtmi.com/acts?id=41330