The Interest rate on floating rate saving bonds to remain 7.15 till 31st December 2021.

The interest rate for the next half-year (which is due on July 1, 2021) will reset every six months, the first reset being on January 1, 2021. There is no option to pay interest on cumulative basis. This would mean that once the interest on bonds are due, it will be credited to the investor’s bank account at the same time instead of payable at maturity.

Rules of Business of the Government of Haryana (Amendment) Rules, 2021.

The amendment is brought under rule 5 which deals with disposal of business in which the Finance Department is required to be consulted under rule 7 shall save in exceptional circumstances and under the directions of the Chief Minister be discussed by the Council unless the Finance Minister has had an opportunity for its consideration except alienation of lands owned by the Municipal Bodies and Panchayati Raj Institution of the State in consideration of the fact that they constitute a third and separate tier of Government.