TaxTMI 
TaxTMI 
Encashment on maturity
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....ccruing on a certificate of any other denomination shall be proportionate to the amount in Table above ^2[(2) Where a certificate has been purchased on or after the 1st day of January, 1999 the amount, inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 195.60 for denomination of Rs. 100 and at proportionate rate for any other denomination. The interest as specified in the Table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fifth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The year for which Interest accrues Amount of interest accruing on certificate of Rs, 100 denomination. (Rupees) First year 11.83 Second year 13.23 Third year 14.80 Fourth year 16.54 Fifty year 18.51 Sixth year 20.69 Note:- The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.] ^3[(3)....
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....y period shall be Rs. 169.59 for denomination of Rs. 100 and at proportionate rate for any other denomination. The interest as specified in the Table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fifth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The Year for which interest accrues Amount of interest (Rs.) accruing on certificate of Rs. 100 denomination First Year 9.20 Second Year 10.05 Third Year 10.97 Fourth Year 11.98 Fifth Year 13.09 Sixth Year 14.29 Note:- The Amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.".] [(6) Where a certificate has been purchased on or after the ^6[1st day of March, 2003 but before the 1st day of December, 2011,] the amount inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 160.10 for denomination of Rs. 100 and at proportionate ra....
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....ty period shall be Rs. 152.35 for denomination of Rs. 100 and at proportionate rate for any other denomination. The interest as specified in the table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fourth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The year for which interest accrues Amount of interest (rupees) accruing on certificate of Rs. 100 denomination First Year 8.78 Second Year 9.56 Third Year 10.40 Fourth Year 11.31 Fifth Year 12.30 Note : The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.] ^11[(6C) Where a certificate has been purchased on or after the ^12[1st day of April, 2013 but before the 1st day of April, 2014,] the maturity period of a certificate of any denomination, shall be five years, commencing from the date of issue of the certificate. The amount inclusive of interest, payable on encashment of the certificate at any time ....
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.... interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 147.61 for denomination of Rs. 100 and at proportionate rate for any other denomination. The interest as specified in the Table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fourth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The year for which interest accrues Amount of interest (rupees) accruing on certificate of Rs. 100 denomination First Year 8.10 Second Year 8.76 Third Year 9.46 Fourth Year 10.23 Fifth Year 11.06 Note: The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.] ^17[(6F) Where a certificate has been purchased on or after the ^18[1st day of October, 2016 but before the 1st day of April, 2017,] the maturity period of a certificate of any denomination, shall be five years, commencing from the date of issue of the certif....
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.... years, commencing from the date of issue of the certificate. The amount inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 145.58 for denomination of Rs. 100 and at proportionate rate for any other denomination. The interest as specified in the Table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fourth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The year for which interest accrues Amount of interest (rupees) accruing on certificate of Rs. 100 denomination First Year 7.80 Second Year 8.41 Third Year 9.06 Fourth Year 9.77 Fifth Year 10.55 Note: The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.] ^23[(6I) Where a certificate has been purchased on or after the ^24[1st day of January, 2018 but before the 1st day of October, 2018,] the maturity period of a certificate of ....
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....rtificate of any denomination, shall be five years, commencing from the date of issue of the certificate. The amount inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs.146.25 for denomination of Rs.100 and at proportionate rate for any other denomination. The interest as specified in the Table below shall accrue to the holder or holders of the certificate at the end of each year and the interest so accrued at the end of each year upto the end of the fourth year shall be deemed to have been reinvested on behalf of the holder and aggregated with the amount of face value of the certificate. TABLE The year for which interest accrues Amount of interest (rupees) accruing on certificate of Rs.100 denomination First Year 7.90 Second Year 8.52 Third Year 9.20 Fourth Year 9.92 Fifth Year 10.71 Note: The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in the Table above.] [(7) The amount payable at the time of encashment on maturity may be rounded off to the nearest multiple of one rupee and for this pur....