https://www.taxtmi.com/notifications?id=144509 The amendment sets a five year maturity period for National Savings Certificates purchased on or after 1 April 2014, prescribes annual interest accruals for a Rs.100 denomination with accrued interest through year four deemed reinvested and aggregated with face value, and specifies proportionate rates for other denominations. It also provides a tiered table fixing amounts payable on encashment after three years but before maturity, and substitutes transitional date references so purchases between 1 April 2013 and 1 April 2014 remain under prior rules. en-us Fri, 11 Jul 2014 00:00:00 +0530 Mon, 22 Dec 2025 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=144509 The amendment sets a five year maturity period for National Savings Certificates purchased on or after 1 April 2014, prescribes annual interest accruals for a Rs.100 denomination with accrued interest through year four deemed reinvested and aggregated with face value, and specifies proportionate rates for other denominations. It also provides a tiered table fixing amounts payable on encashment after three years but before maturity, and substitutes transitional date references so purchases between 1 April 2013 and 1 April 2014 remain under prior rules. Notifications Income Tax Fri, 11 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=144509