One more way to SAVE
2-YEAR POST OFFICE TIME DEPOSIT SCHEME
Post Offices will now accept from individuals and through authorised agents deposits under the new 2-Year Post Office Time Deposit Scheme
The rate of interest is 7 per cent, payable yearly, subject to income-tax; the tax will not be deducted at source and will also qualify for exemption from tax up to Rs. 3.000 as in the case of income-tax from other approved investments. 2-Year deposits are convertible into 3-Year deposits during the currency of the accounts
THE NEW SCHEME CAME INTO EFFECT ON AUGUST 1. 1973
Save today
for a
brighter tomorrow
davp 73/213
For details write to :
NATIONAL SAVINGS COMMISSIONER
Post Box 96, Nagpur
or
Regional Director
National Savings (G.O.I.)
at Your State Capital.