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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

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The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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National Small Savings Fund (NSSF) Schemes - Revision of interest rates for small savings schemes

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....ational Small Savings Fund (NSSF) Schemes - Revision of interest rates for small savings schemes <br>News and Press Release<br>Dated:- 27-3-2012<br><BR>National Small Savings Fund (NSSF) Schemes - Revision of interest rates for small savings schemes Office Memorandum [No. 6-1/2011-NS.II(Pt.)], dated 26-3-2012 The undersigned is directed to refer to Ministry of Finance's O.M. of even number dated....

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.... 11th November, 2011, vide which the various decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned. 2. One of the decisions of the Government based on the recommendations of the Committee relates to revision of interest rates every financial year, to be notified....

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.... before 1st April of that year. Accordingly, the rates of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the schemes, shall be as under: Scheme Rate of interest w.e.f. 1.12.2011 Rate of Interest w.e.f. 1.4.2012 Savings Deposit 4.0 4.0 1 year Time Deposit 7.7 8.2 2 year Time Dep....

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....osit 7.8 8.3 3 year Time Deposit 8.0 8.4 5 year Time Deposit 8.3 8.5 5 year Recurring Deposit 8.0 8.4 5 year SCSS 9.0 9.3 5 year MIS 8.2 8.5 5 year NSC 8.4 8.6 10 year NSC 8.7 8.9 PPF 8.6 8.8 3. Necessary notifications, including those requiring amendments to rules of small savings schemes will be notified separately. 4. This has the approval of Finance Minister.<BR> Ne....

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....ws - Press release - PIB....

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