TaxTMI 
TaxTMI 
Interest on deposits
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....t of an account between the close of the tenth day and the end of the month and such interest shall be calculated and credited in the account at the end of each year.] ^4[(ii) For the period commencing from the 15th day of January, 2000 but before the 1^st day of March, 2001, the interest at the rate of ten-and-a-half per cent. per annum shall be allowed for a calendar month on the lowest balan....
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....f an account between the close of the tenth day and the end of the month and such interest shall be calculated and credited in the account at the end of each year.] ^10[(v) For the period commencing from the 1st day of March, 2003 but before 1st day of October, 2024, the interest at the rate of seven-and-a-half per cent per annum shall be allowed for a calendar month on the lowest balance at cr....
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.... be allowed for a calendar month on the lowest balance at credit of an account between the close of the tenth day and the end of the month and such interest shall be calculated and credited in the account at the end of each year." 2. Inserted vide Notification No. G.S.R No. 46(E) dated 15-01-2000 w.e.f. 15-01-2000 3. Substituted vide Notification No. G.S.R No. 154(E....
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....f. 01-03-2002 before it was read as, ^5"[(iii) On and from the 1st day of March, 2001, the interest at the rate of nine per cent. per annum shall be allowed for a calendar month on the lowest balance at credit of an account between the close of the tenth day and the end of the month and such interest shall be calculated and credited in the account at the end of each year.]" 7. ....