PPF New Rules from 1st October 2024
Public Provident Fund (PPF) New Rules from 1st October 2024
Please Note - The changes will affect only the Irregular Accounts
What are Irregular Accounts
- More than 1 account on Single PAN in your Name
- More than 2 Minor PPF Accounts
- More than limit deposits in Guardian + Minor account
- Extended PPF account of an NRI
Note: Two minor accounts means two accounts with the same minor... One Self operated and another minor through guardian also irregular.
Guardian can open minor accounts for their all children and self but amounts of deposit in all these accounts not more than 1.5 lakhs.
0 comments:
Post a Comment