REGD. NO. D.L.-33004/93 The Gazette of India EXTRAORDINARY
PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 301] NEW DELHI, THURSDAY, SEPTEMBER 2, 1993/BHADRA 11,1915 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 2nd September, 1993 G.S.R. 585(E):—In exercise of the powers conferred by Section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the folio-wing rules further to amend the Post Office (Monthly Income Account) Rules, 1987, namely :-
1. (1) These rules may be called the Post Office (Monthly Income Account) (Second Amendment) Rules, 1993.
(2) They shall come into force on the date of their publication in the Official Gazette.
1955 GI/93 (1) 0 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II—Sr.c. 3(i)]
2. In the Post Office (Monthly Income Account) Rules, 1987, in rule 8, in sub-rulo (1), the following shall bo inserted at the end, namely:- "The deposit made on or after the 2nd September, 1993 shall bear interest at the rate of 13 per cant per annum."
[F.No.2/24/93-NS.-II(l)] OM PAL SINGH, Under Secy.
Note :-The principal rules were published vide GSR 701 (E) d ted 10th August, 1987 and amended vide GSR 805(E) dated 21st July, 1988, GSR 4g(E) dated 20-1 -1989, GSR 581 (E) dated 12-9-1991, GSR 430(E) dated 24-4-1992 and GSR 390 (E) dated 29-4-1993.
NOTIFICATION New Delhi, the 2nd September, 1993 G.S.R. 586(E):—In oxorcise of tho powers conferred by Section 1 5 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Offico Timo Deposit Rules, 1981, namely;-
1. (1) These rules may be called the Post Office Time Deposit (Amendment) Rules, 1993.
(2) They shall come into force on the date of their Publication in the Official Gazotte.
2. In the Post Office Time Deposit Rules, 1981, in rule 7, for Table K and tho Notes thereunder, the following Tables and Notes shall be substituted, namely :- "TABLE K (For deposits made on or after tha 16th December, 1991 but before the 2nd September, 1993) 3 eriod of deposit Year ' Years i Years ^ Years Rate of interest per annum 12 pet cent 12 per cant 13 per cent
13.5 percent TABLE L ^For deposits made on or after the 2nd September, 1993) Period of deposit 1 Year 2 Years 3 Years 5 Years Rate of interest per annum
10.5 per cent 11 per cent 12 per cent
12.5 per cent Note ; (1) For deposits made on or after the 1st October, 1979 and before 24th April, 1992 interest will bo payable at the rate specified in Table C or Table D or Table £ or Table F or Table G or Tablo H or Table 1 or Tablo J or Table K, as the case may be, calculated at half-yearly compounding basis.
(2) For deposits made on or after tho 24th April, 1992, interest will bo payable at the rate specified in Table K or Table L as the case may be, calculated at quarterly compounding basis."
[F.No. 2/24/93-NSH(2)] OM PAL SINGH, Under Secy.
Note:-The principal rules were published vide GSR 664(E) dated 17-12-1981 and amended vide GSR 300(E) dated 1-4-1982, GSR 257(E) dated 11-3-1983, GSR 503(E) dated 9-7-1984 and GSR 41S(E) dated 10-5-1985, GSR 193(E) dated 12-2-1986, GSR 362 (E) dated 1-4-987, GSR 1005 (E) dated 23-12-1987, GSR 353(E) dated 18-3-1988, GSR 507(E) dated 23-5-1990, GSR 191(E) dated 27-3-1991, GSR 580 (E) dated 12-9-1991, GSR 727(E) dated 6-12-1991 and GSR 431 (E) dated 24-4-1992.
NOTIFICATION Now Delhi, the 2nd, Seplember, 1993 G.S.R. 587(E):—In exordso of the powers conferred by Section 15 of the Govcrnucnt Saving Banks Act, 1873 (5 of 1873), tho Central Government hereby makes tho following rules furthoi to amend tho Post Office Recurring Deposit Rules, 1981, namely:—
1. (1) These rules may be called the Post Office Recurring Deposit (Socond Amendment) Rules, 1993,
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Post Office Recurxing Deposit Rules, 1981, in rule 9, in both the Schedule, for tho last item namely, "From 1-10-1991 onwards 856.40". the following items shall bo substituted, namely:- "From 1-10-1991 to 1-9-1993 (both dates 856.40 inclusive) From 2-9-1993 833.40" [F.No. 2/24/93-NS.II (3)] OM PAL SINGH, Under Secy.
4 THE GAZETTE OF INDIA: EXTRAORDINARY [PART U—Src. 3(i)] Note:—The priicipal rales wore published vulo GSR <S66(E) da^d 17-I2-T981 and amombd vide GSR 301(E) dated I-4-I9&2, GSR 258(L) dated 1I-3-19S3, GSR 62(E) dated 14-2-198 \, GSR 95 (E) dated 7-2-1936, GSR 194(L) dated 13-2-1986, GSR 3<51 (C) dated 1-4-1987, GSR 39(E) da'od 16-1-1988, GSR 458(E) datod 15-4-1988, GSR 708(E) dated 21-7-1989, GSR 16(E) dated 9-1-1993, GSR J9.(E) dated 27-3- 1991, GSR 579(E) dated 12-9-1 991, GSR 918 (E) dated 11-12-1992 and GSR 42(£) dated 1-2-1993.
NOTIMCATION New Delhi, I he 2nd September, 1993 G.S.R. 5S8(E):—hi owrciso of tho powers oonferred by Section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makes tho following rules further to amend tho Kisan Vikas Patra Rules, 1988, namely :-
1. (1) These rulos may be called the Kisan Vikas Patra (Second Amondmo.it) Rules, 1993.
(2) They shall come into force on tha dato of their publication in tho Official Gazette.
2. In the Kisan Vikas Patra Rules, J988,-
(a) in rule 12, after sub-rule (3), tho following bub-rule shall be inserted, namely:- "(4) Notwithstanding anything contained in sub-ruloi (1) to (3), the maturity period of a cortiflcata purchased on or after the 2nd day of September, 1993 shall bo five years and six months commencing on the dato of tho coitificate, Tho amount inolusive of 5 interest, payable on encashment of the certificate at any time after the expiry of its maturity poriod shall be Rs. 200/- foi a denomination of Rs. 1000/- and at proportionate rate for any other denomination.";
(b) in rule 13, after sub-rule (6), the following sub-rule shall hi inserted, namely:- "(7) Notwithstanding anything contained in rule 12 or in sub-rule (1), if a certificato issued on or after 2nd September, 1993 is encashod at any time after the expiry of two yean and six months from the date of the certificate, the amount payable inclusive of interest shall be as specified in tho Table given below for certificate of the denomination of Rs. 1000/- and at proportionate rate for any other denomination, namely:- TABLE Period from the date of the certificate to the date of its encashment
1. Two years and six months or more but less than three years.
2. Three years or more but loss than three years and six months.
3. Three years and six months or more but less than four yoars.
4. Four years or more but less than four years and six months
5. Four years and six months or mote but less than five years.
6. Five years or more but less than five years and six months.
Amount payable inclusive* of interest (in rupees) 1310 1420 1500 1620 1730 1860 [F.No. 2/24/93-NSII(4)] OM PAL SINGH, Under Secy.
Note:-The principal rules were published vide notification GSR 370(E) dated 22-3-1988 and amended vide GSR &1(C) dated 6-2-1989, GSR 8(E) dated 4-1-1990, GSR 728(E) dated 6-12-1991, GSR 432(E) dated 24-4-1992 and GSR 567(C) dated 20-8-1993.
r . .
U I I f I I I ^FITT NOTIFICATION New Delhi, the 2nd September, 1993 G.S.R. 589(E):—In exorcise of the powers conferred by Section 12 of the Government Savings Certificates Act, 1959 (46 of 1959), the Central Government hereby makos the following rules fuithor to amend the Indira Vikas Patra Rules, 1986, namely:-
1. (1) These rule9 may be called the Indira Vikas Patra (Amendment) Rules, 1993.
(2) They shall come into force on the date of their publication in the Official Gazotto.
2. In the Indira Vikas Patra Rules, 1986, in rule 8- ' 6 THE GAZETTE OF INDIA: EXTRAORDINARY [PART I I - S I C . 3fi)]
(i) after sub-rule (2A), the following sub-ruU) shall ba inserted, namely:- "2(B) Whero a cortiflcato of any denomination has bean purchased on or after tho 2nd September, 1993, it may ba encashed at aay time after tho oxpiry of five years and six months from the date of r-su^by presenting it befo o the Post Office of Issue."
(ii) in sub-rulo (4), after tho words and figures, namoly, "and on or before 29th day of February, 1988", the words and figuros, namely "and on or after 2nd September, 1993" shall bo inserted.
[F. No. 2/24/93-NS 11(5)] OM PAL SINGH, Under Secy.
Note:-The pnicipal rules were published vido notification GSR. 11S3(£) dated 5-11-1986 and amended vide GSR 252(E) dated 5-12-1986, GSR 36o(E) dated 1-4-19&7, GSR 408(E) dated 20-4-19(17, GSR 739(E) datod 31-8-1987, GSR 956(E) datod 3-12-1987 and GSR 11O(E) datod 1-3-1988 and GSR 72') (£) dalid 28-7-1979.
Printed by the Nfanager, Govt of India Press, Ring Road, Maya Puri, New Delhi-110064 aad Tublished by the Controller of Publ'-'utions, Dilhi-llOvO54, 1993