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The government has made various changes under small savings schemes in the year 2023. Here we have listed some of the major and important changes made by the government. ....
The premature withdrawal rules for post office time deposits (also known as post office FD) has been revised by the government. The new rules do not allow premature withdrawal of a 5-year post office before it completes four year from the date of deposit. Further, if 5-year post office FD is prematurely withdrawn, then post office savings account interest is paid. ....