S.O. 2682(E)

Post Office Savings Account Rules - interest with effect from 1-12-2011 notified

What this is

S.O. 2682(E) was published on 25 November 2011. Its subject is Post Office Savings Account Rules - interest with effect from 1-12-2011 notified.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

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 Savings Account Rules - interest with effect from 1-12-2011 notified
NOTIFICATION S.o. 2682(E) [F.No. 1/10/2011-NS-II], dated 25-11-2011
In pursuance of rule 6 of the Post Office Savings Account Rules, 1981, the Central Government hereby notifies that, with effect from the 1st day of December, 2011, interest on the balance at credit of an account shall be allowed at the rate of four per cent, per annum.
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What it names

Rules it names. Rule 6 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.

← G.S.R. 846(E) · G.S.R. 843(E) →

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.