Post Office Small Saving Schemes 2019

Notification of Post Office Small Saving Schemes 2019 – Rescinds of Rules under section 15 of the Government Savings Promotion Act, 1873

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 12th December, 2019

G.S.R. 912(E).—In exercise of the powers conferred by section 15 of the Government Savings Promotion Act, 1873(5 of 1873), the Central Government hereby rescinds with immediate effect the following rules, namely:—

(i) The Post Office Savings Account Rules, 1981, published vide number G.S.R. 663(E), dated the 17th December, 1981;

Now: Post Office Saving Account Scheme 2019 – Gazette Notification

(ii) The National Savings Time Deposit Rules, 1981, published vide number G.S.R. 664(E), dated the 17th December, 1981;

Now: National Savings Time Deposit Scheme 2019 – Gazette Notification

(iii) The National Savings Recurring Deposit Rules, 1981, published vide number G.S.R. 666(E), dated the 17th December, 1981;

Now: Post Office – National Savings Recurring Deposit Scheme 2019 – Gazette Notification

(iv) The National Savings (Monthly Income Account) Rules, 1987, published vide number G.S.R. 701(E), dated the 10th August, 1987;

Now: National Savings (Monthly Income Account) Scheme, 2019

(v) The National Savings Certificate (VIII Issue) Rules, 1989, published vide number G.S.R. 496(E), dated the 1st May, 1989;

Now: Post Office – National Savings Certificates Scheme 2019 – Gazette Notification

(vi) The Senior Citizens Savings Scheme Rules, 2004, published vide number G.S.R. 490(E), dated the 2nd August, 2004;

Now: Senior Citizens Saving Scheme 2019 – Gazette Notification

(vii) The Kisan Vikas Patra Rules, 2014, published vide number G.S.R. 705(E), dated the 23rd September, 2014;

Now: Post Office – Kisan Vikas Patra Scheme 2019 – Gazette Notification

(viii) The Sukanya Samriddhi Account Rules, 2016, published vide number G.S.R. 323(E),dated the 18th March, 2016:

Now: Sukanya Samriddhi Account Scheme 2019 – Gazette Notification

(ix) The Public Provident Fund Scheme

Now: Public Provident Fund Scheme 2019 – Gazette Notification

Provided that such rescission shall not affect,-

(i) the previous operation of the said rules or anything done or omitted to be done or suffered therein; or

(ii) any right, privilege, obligation or liability acquired or accrued or incurred under the said rules; or

(iii) any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty forfeiture or punishment as aforesaid, and any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such penalty, forfeiture or punishment may be imposed as if the said rules had not been rescinded.

[F. No. 2/2/2018-NS (Pt. I)]
RAJAT KUMAR MISHRA, Jt. Secy. (Budget)