Notification · 7.75 Per Cent Savings (Taxable) Bonds, 2018
Section 17 — [Brokerage
Brokerage at the rate of 0.5% of the amount mobilized will be paid to the brokers, registered with the Receiving Offices, as listed in paragraph 10 above,on the applications tendered by them and bearing their stamp, on behalf of their clients.]
4. Clause 17 substituted by Notification No.SO 101(E) [F.No.4(28)-W&M/2017], dated 8-1-2018. Prior to its substitution, said clause read as under :
"17. Brokerage.—Brokerage at the rate of Rs.1.00 per Rs. 100 will be paid to the brokers registered with the Receiving Offices, as listed in paragraph10 above, on the applications tendered by them and bearing their stamp, on behalf of their clients."
Related sections
- Section 2 — Eligibility for Investment
- Section 3 — Limit of Investment
- Section 4 — Tax Treatment
- Section 5 — Issue Price
- Section 6 — Subscription
- Section 7 — Date of Issue
- Section 10 — Receiving Offices
- Section 11 — Nomination
- Section 12 — Transferability
- Section 13 — Interest
- Section 14 — Tax Deduction at Source
- Section 15 — Advances/Tradability against Bonds
- Section 16 — Repayment