Para 4 - Subscription and Mode of investment in the Bonds Ledger Account. - Pradhan Mantri Garib Kalyan Deposit Scheme, 2016.

4. Subscription and Mode of investment in the Bonds Ledger Account .- (1) The deposits shall be accepted at all the authorised banks notified by Government of India. (2) The deposits shall be made in multiples of rupees one hundred. (3) The deposit under sub-section (1) of section 199F by a declarant shall not be less than twenty-five per cent. of the undisclosed income to be declared under sub-section (1) of section 199C of the Act. 1 [(4) The deposit to be made under sub-section (1) of section 199F under this Scheme can be made, on one or more occasions. The deposits shall be made before filing declaration under sub-section (1) of section 199C.] (5) The deposit shall be made in the form of cash or draft or cheque or by electronic transfer and shall be drawn in favour of the authorised bank accepting such deposit. ******************** Notes:- 1. Substituted vide F. No. 3(1)-W M/2016 Dated 07-02-2017, before it was read as, (4) The entire deposit to be made under sub-section (1) of section 199F under this Scheme shall be made, in a single payment, before filing declaration under sub-section (1) of section 199C.