https://www.taxtmi.com/news?id=26969 Outstanding principal of the government security is repayable at par on maturity with no interest accruing after that date; if a statutory holiday falls on repayment day, payment is made on the previous working day. Under sub-regulations 24(2) and 24(3) of the Government Securities Regulations, 2007, maturity proceeds to holders in SGL/CSGL or stock certificate form are payable by pay order with bank particulars or by electronic credit; holders must submit bank details in advance or, absent those particulars, tender duly discharged securities at designated paying offices at least twenty days before maturity. en-us Tue, 07 Nov 2023 18:36:50 +0530 Tue, 07 Nov 2023 18:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26969 Outstanding principal of the government security is repayable at par on maturity with no interest accruing after that date; if a statutory holiday falls on repayment day, payment is made on the previous working day. Under sub-regulations 24(2) and 24(3) of the Government Securities Regulations, 2007, maturity proceeds to holders in SGL/CSGL or stock certificate form are payable by pay order with bank particulars or by electronic credit; holders must submit bank details in advance or, absent those particulars, tender duly discharged securities at designated paying offices at least twenty days before maturity. News - Tue, 07 Nov 2023 18:36:50 +0530 https://www.taxtmi.com/news?id=26969