Govt. notifies Senior Citizens Savings Scheme (Amendment) Rules, 2017


Department of Economic Affairs


New Delhi, the 3rd October, 2017

G.S.R.1235(E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 ( 5 of 1873), the Central Government hereby makes the following rules further to amend the Senior Citizens Savings Scheme Rules, 2004, namely:—

1.(1) These rules may be called the Senior Citizens Savings Scheme (Amendment) Rules, 2017.

(2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Senior Citizen Savings Scheme Rules, 2004, in rule 2, in clause (d), in sub-clause (ii), in the second proviso, for the words “irrespective of the above age limit” the words “on attaining the age of fifty years” shall be substituted.

[F. No. 1/10/2016-NS.II]


profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates