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Government
of India
Ministry of Finance
Department of Economic Affairs
New
Delhi, dated the April 19, 2017
NOTIFICATION
Amendment
to Pradhan Mantri Garib Kalyan Deposit Scheme, Notification No.S.O.4061 E
1. S.O. —In exercise of the powers conferred by clause (c)
of section 199B of the Finance Act, 2016 (28 of 2016) (hereinafter referred
to as the Act), the Central Government hereby amends the conditions
specified in clause 5 of the Pradhan Mantri Garib Kalyan Deposit
Scheme notified vide Notification No.S.O.4061 (E) dated December
16, 2016, amended vide Notification No. S.O. 204(E) dated January 19, 2017
and further amended vide Notification No. S .O. 365 (E) dated February 07,
2017.
2. In place of clause 5 of the
original notification the following shall be substituted:
“5. Effective date of deposit – The effective date of opening of the Bonds Ledger
Account shall be the date of receipt of deposits by the Reserve Bank of
India from the authorized banks; wherein the due tax, surcharge and penalty
has been received till 31st March, 2017;
Provided further that the date of deposit shall in no case be extended
beyond 30th April, 2017.”
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