Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: form 3cd :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: list of goods taxed at 4% :: cpt
 
 
ę Latest Circulars »
 Customer Protection - Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions
  GST-Practical Difficulties In Filing And Solution, Code Of Ethics (Indirect Taxes)
 Sources of Variation in Foreign Exchange Reserves in India during April-September 2017
 Developments in India‚Äôs Balance of Payments during the Second Quarter (July-September) of 2017-18
 Professor Vijay Joshi, Emeritus Fellow, Merton College, Oxford, delivers the Fifteenth L. K. Jha Memorial Lecture titled ‚ÄėIndia‚Äôs Economic Reforms: Reflections on the Unfinished Agenda‚Äô
 Investment by Foreign Portfolio Investors (FPI) in Government Securities Medium Term Framework ‚Äď Review
 Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions
 How to save maximum tax from Sec 80C deductions for FY2017-18
 Settlement of Agency transactions in certain cases (for Funds and Agency Commission) directly from Reserve Bank of India
 Change in name of ‚ÄúSardar Bhiladwala Pardi People‚Äôs Co-operative Bank Ltd., Killa Pardi, Dist. Valsad (Gujarat)‚ÄĚ to ‚ÄúSBPP Co-operative Bank Ltd., Killa Pardi, Dist. Valsad (Gujarat)‚ÄĚ in the Second Schedule to the Reserve Bank of India Act, 1934
 Auction of Government of India Dated Securities December 5, 2017

Special Deposit Scheme (SDS), 1975 Revision of Rate of Interest
June, 07th 2012

RBI/2011-12/592
DGBA.CDD. No.H-7815/15.01.001/2011-12

June 06, 2012

The Chairman & Managing Director 
Head Office (Government Accounts Department)
State Bank of India and its Associates/
Allahabad Bank /Bank of Baroda /Bank of India /Bank of Maharashtra/Canara Bank / 
Central Bank of India /Corporation Bank /Dena Bank /Indian Bank/
Indian Overseas Bank/Oriental Bank of Commerce /Punjab National Bank / 
Syndicate Bank /UCO Bank /Union Bank of India /United Bank of India

Dear Sir/Madam,

Special Deposit Scheme (SDS), 1975 Revision of Rate of Interest

The Government of India has vide Notifications, as detailed below,  notified revision in the interest rates on the deposits under the Special  Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated June 30, 1975.

Notification details

Rate of Interest

With effect from

Government of India, Ministry of Finance (Department of Economic Affairs) Notification No.5(4) B(PD)/2011 dated March 13, 2012

8.6% per annum
(eight point six per cent per annum)

December 01, 2011

Government of India, Ministry of Finance (Department of Economic Affairs) Notification No.5(4) B(PD)/2012 dated  May 22, 2012
(to be published as a Gazette Notification)

8.8% per annum
(eight point eight per cent per annum)

April 01, 2012 until further orders.

2. Copies of both the notifications are enclosed. You may please issue suitable instructions to all your Deposit offices and acknowledge receipt.

Yours faithfully,

(Sangeeta Lalwani)
Deputy General Manager


THE GAZETTE OF INDIA
EXTRAORDINARY
PART I - SEC. 1

No. 67 ]

New Delhi, TUESDAY, March 13, 2012 / PHALGUNA 23, 1933

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 13th March 2012

No. 5(4)-B(PD)/2011.  It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F. 16(1)-PD/75, dated 30th June, 1975, shall with effect from 1st December, 2011 and until further orders, bear interest at 8.6% (eight point six per cent) per annum.

Brajendra Navnit
Dy. Secy. (Budget)


[TO BE PUBLISHED IN THE GAZETTE OF INDIA: EXTRAORDINARY, PART I SEC. I]

Government of India
MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 22nd May, 2012

No. 5(4)-B(PD)/2012.  It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F. 16(1)-PD/75, dated 30th June, 1975, shall with effect from 1st April, 2012 and until further orders, bear interest at 8.8% (eight point eight per cent) per annum.

Brajendra Navnit 
Deputy Secretary (Budget)

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions