Amend the Bank Term Deposit Scheme, 2006

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....006 Notification No 289/2007 Dated : December 13, 2007 In exercise of the powers conferred by clause (xxi) of sub-section (2) of Section 80C of the Income-tax Act, 1961 (43 of 1961), the Cent....

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....e inserted, namely:- " Provided that in the event of the death of the first holder of the deposit in a case of a joint holder type deposit, the other holder of the deposit shall be entitled to enca....