G.S.R. 740(E)

Post Office Recurring Deposit (Amendment) Rules, 2011 - Amendment in rules 6, 9, 9A and 11

What this is

G.S.R. 740(E) was published on 4 October 2011. Its subject is Post Office Recurring Deposit (Amendment) Rules, 2011 - Amendment in rules 6, 9, 9A and 11.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.15	s.15

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

Post Office Recurring Deposit (Amendment) Rules, 2011 - Amendment in rules 6, 9, 9A and 11
NOTIFICATION NO.G.S.R. 740(E), DATED 4-10-2011
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 following rules further to amend the Post Office Recurring Deposit Rules, 1981, namely:—
1. (1) These rules may be called the Post Office Recurring Deposit (Amendment) Rules, 2011.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Post Office Recurring Deposit Rules, 1981,—
(A) in rule 6, for sub-rule (3), the following sub-rule shall be substituted, namely:—
"(3) The first monthly deposit shall be made at the time of opening the account and the amount of such deposit shall be the denomination of the account. Each subsequent monthly deposit shall be made up to 15th day of the month in respect of accounts opened between 1st day and 15th day of a calendar month and up to end of the calendar month in respect of accounts opened between 16th day and last day of the month and shall be equal to the first deposit.";
(B) in rule 9, in sub-rule (2), after clause (b), the following new clause shall be inserted, namely :
"(c) Where an account has become discontinued or where the defaults in monthly deposit in an account have not been rectified during its maturity period or maturity period as extended under sub-rule (1) of rule 7 and the depositor has retained the amount in the account beyond maturity period, the depositor shall be entitled to a simple interest at the rate applicable from time to time to post office savings accounts on the deposited amount from the date of maturity till the date of closure of the account.";
(C) in rule 9A, for the words "interest at the rate applicable", the words "simple interest at the rate applicable", shall be substituted;
(D) in rule 11, after sub-rule (3) the following sub-rule shall be inserted, namely:—
"(4) Notwithstanding anything contained in the foregoing rules, if sixty monthly deposits have been made in an account during its maturity period or maturity periods as extended under sub-rule (1) of rule 7 and the depositor has retained the amount in the account beyond the maturity period, the depositor shall be entitled to a simple interest at the rate applicable from time to time to post office savings accounts on the deposited amount from the date of maturity till the date of closure of the account."
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What it names

Rules it names. Rule 11, 6, 7, 9, 9A of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Circular No. 3/2025 — Income tax deduction from salaries during the financial year 2024 25 under section 192 of the income tax act 1961 20 February 2025
Notification No. GSR 926(E) [F. No. 2/6/2006-NS.II], dated 24-12-2012 — Post Office Savings Account (Amendment) Rules, 2012 - Amendment in rule 4A 24 December 2012
Notification No. 323(E) — Post Office Time Deposit (Amendment) Rules, 2012 - Amendment in rule 7 25 April 2012
Notification No. 322(E) — Post Office (Monthly Income Account) Amendment Rules, 2012 - Amendment in rule 8 25 April 2012
Notification No. 321(E) — Senior Citizens Savings Scheme (Amendment) Rules, 2012 - Amendment in rule 7 25 April 2012
Notification No. 320(E) — Post Office Recurring Deposit (Amendment) Rules, 2012 - Amendment in Rules 9, 10 11 and 12 25 April 2012

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.