National Savings Certificates (VIII Issue) (Second Amendment) Scheme, 2023
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....avings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme further to amend the National Savings Certificates (VIII Issue) Scheme, 2019, namely:- 1. (1) This Scheme may be called the National Savings Certificates (VIII Issue) (Second Amendment) Scheme, 2023. (2) It shall be deemed to have come into force on the 1st day of April, 2023. 2. In the Nation....
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.... shall be rounded off to the nearest rupee and for this purpose, any amount of fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa shall be ignored."; (c) in sub-paragraph (3), in TABLE-3,- (i) for the words and figures, "on or after 1st day of January, 2023", the words, figures and brackets "between 1st January, 2023 to 31st March, 2023 (both d....
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....ry, 2023 and 31st March, 2023 (both days inclusive)" shall be substituted; (b) after TABLE-3, the following TABLE shall be inserted, namely:- "TABLE-4 [Table showing premature closure value of account opened on or after the 1st day of April, 2023 with 1000 rupees] Period from the date of the account to the date of its pre-mature closure Amount payable inclusive of interest (ru....
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