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Encashment on maturity

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..... its maturity period shall be Rs. 2,000 for denomination of Rs. 1,000 and at proportionate rate for any other denomination. (2) Where such a certificate has been purchased on or after the 16th day of December, 1991, the amount inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 2,100 for a denomina tion of Rs. 1,000 and .....

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..... certificate at any time after the expiry of its maturity period shall be Rs. 2,000 for a denomi-nation of Rs. 1,000 and at proportionate rate of any other denomination. (5) Notwithstanding anything contained in sub-rules (1) to (4), the maturity period of a certificate purchased on or after the 1st January, 1999 shall be six years commencing on the date of the certificate. The amount inclusive .....

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..... y period of a certificate purchased on or after the 1st day of March, 2001 but before the 1st day of March, 2002, shall be seven years and three months commencing on the date of issue of the certificate. The amount, inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 2,000 for a denomination of Rs. 1,000 and at proportion .....

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..... ount, inclusive of interest, payable on encashment of the certificate at any time after the expiry of its maturity period shall be Rs. 2,000 for a denomination of Rs. 1,000 and at proportionate rate for any other denomination. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagemen .....

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