Ministry of Finance
Department of Economic Affairs
Delhi, dated the February 07, 2017
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 4 of the Pradhan Mantri Garib Kalyan Deposit Scheme notified vide Notification No. S.O.4061 (E).
dated December 16, 2016 and amendment vide Notification No.
S.O. 204(E) dated January 19, 2017.
2. For the existing paragraph
number 4(4) of the Notification, the following paragraph shall be
“4. Subscription and Mode of
investment in the Bonds Ledger Account.— (4)
The deposit to be made under sub-section (1) of section 199F under this
Scheme shall be made, on one or more occasions. The deposits shall be made
before filing declaration under sub-section (1) of section 199C.”