https://www.taxtmi.com/notifications?id=144458 The National Savings Scheme requires separate yearly accounts at authorised post offices, defines eligible depositors, and deems certain 1987 scheme transfers as deposits. It mandates a minimum deposit of one hundred rupees and multiples thereof. Interest is eleven per cent per annum, calculated monthly on the lowest balance between the close of the tenth day and month-end, credited annually with fractional rupee rounding. Interest may be withdrawn anytime; principal becomes withdrawable after four years from the end of the year of account opening. The scheme prescribes Pass Book use, annual balance confirmation, closure rules, and a government power to relax provisions to avoid undue hardship. en-us Tue, 15 Sep 1992 00:00:00 +0530 Fri, 12 Dec 2025 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=144458 The National Savings Scheme requires separate yearly accounts at authorised post offices, defines eligible depositors, and deems certain 1987 scheme transfers as deposits. It mandates a minimum deposit of one hundred rupees and multiples thereof. Interest is eleven per cent per annum, calculated monthly on the lowest balance between the close of the tenth day and month-end, credited annually with fractional rupee rounding. Interest may be withdrawn anytime; principal becomes withdrawable after four years from the end of the year of account opening. The scheme prescribes Pass Book use, annual balance confirmation, closure rules, and a government power to relax provisions to avoid undue hardship. Notifications Income Tax Tue, 15 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/notifications?id=144458