Clarification regarding the premature closure of 5-year Time Deposit (TD) accounts after completion of four years – Applicability of 2% deduction in respect of accounts opened between 12.12.2019 and 09.11.2023

byAdmin •

Premature Closure of 5-Year Time Deposit Accounts: Department of Posts Clarifies Applicability of 2% Interest Deduction for Accounts Opened Before 09.11.2023 No. FS-10/27/2024-FS-DOP भारत सरकार / Government of India संचार मंत्रालय / Ministry of Commun…

CBS CPC Guidance on Interest Table Code for Exceptional SSA Closure

byAdmin •

SSA Closure: Use ZERO Code CBS CPC has advised that, during HINTTM before an exceptional SSA closure, the Interest Table Code should be set to ‘ZERO’ and the Start Date should be the account opening date. The mention of ‘TZERO’ in the CBS manual may…

Load More
That is All