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Home/Rules/CAM/Para 8.13.2

Para 8.13.2 — CAM

CAM

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Original Rule Text

8.13.2 The payment of interest on State Railway Provident Fund balances by the Ministry of Railways to Central Revenues shall therefore be settled on 'proforma' basis outside the books of the RBI. This is because in these cases it is not practically possible to calculate the amount and effect monetary settlement of these transactions before 10thof April each year.

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