Provident funds ‑ Amendment of Post Office Savings Bank Rules in compliance of the section

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..... of Post Office Savings Bank Rules to enable joint stock companies to comply with the provisions of section 418 has been under the consideration of the Central Government, for some time. The Director General, Posts Telegraphs has now issued instructions to all the Postmaster Generals that the notice of one month necessary in terms of rule 44(j) of the said Rules need not be insisted upon, if th .....

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..... e question of collection of interest through Post Office Savings Bank is under consideration. As regards withdrawal of provident fund money, by cheques, the system is being tried in General Post Office, Bombay as an experimental measure and the position will be reviewed after a year. The system of deposit of moneys in P.O.S.B. by cheques will be introduced in General Post Office, Bombay from July .....

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