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Extraordinary Gazette of India · Government of India

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Published 02 March 1981

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E-0989-1981-0047-43132
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REGISTERED No. D. (D.) 72

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 47] NEW DELHI, MONDAY, MARCH 2, 1981/PHALGUNA 11, 1902

Separate paging is given to this Part in order that it may be filed as a separate compilation

MINISTRY OF FINANCE

(Department of Economic Affair*))

NOTIFICATION

New Delhi, the 2nd March, 1981No. F.2/61/81-NS.—The President hereby makes the follow- ing rules further to amend the Post Office (Time Deposits) Rules, 1970 namely :— 1. (I) These rules may be called the Post Office (Time Deposits) Amendment Rules, 1981. (165) 1401 Gl/80

166 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I -S E C. 1] (2) They shall come into force on the 2nd day of March, TABLE—D 1981. (for deposits made on or after the 2nd March, 1981)

Period

Rate of interest per annum 2. In the Post Office (Time Deposits) Rules, 1970, in rule 11, for Table C and the Note thereunder, the following Tables and Note shall be substituted, namely :—

"TABLE—C

(for deposits made on or after the 1st October, 1979 but before the 2nd March, 1981)

1 year 2 years 3 years 5 yeari

8 1/2 per cent 9 1/2 per cent 10 1/2 per cent 10 1/2 per cent

Period

Rate of interest per annum

Note : For deposits made on or after the 1st October, 1979, interest will bo payable annually at the rates shown in -Table—C or Tablc^-D, as the case may be, calculated 1 year 2 years

8 per cent 8 1/2 percent

at half-yearly rest."

3 years 5 years

9 per cent 10 1/2 per cent

A.C. TIWARt, Jt. Secy.

PRINTED BY THE MANAGER, GOVT. OF INDIA PRESS, RING ROAD, NEW DELHI-110064 AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054, 1981
Cite this issue. Extraordinary Gazette of India, Government of India, 02 March 1981. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1981-03-02.E-0989-1981-0047-43132/. Archive identifier in.gazette.csl_extraordinary.1981-03-02.E-0989-1981-0047-43132.