Is interest charged on the advance granted to an Officer of Parliament for purchasing a motor-car?

Modified on Mon, 7 Apr at 8:36 AM

Yes. Simple interest is charged at the rate fixed by the Government for conveyance advances.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article