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PPF ELIGIBILITY FOR MINORS
Investing for your child's future through PPF? Here's what every parent should know before opening a PPF accountParents can open a Public Provident Fund (PPF) account for their minor children to secure their future, benefiting from compounding over th...- Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules sayDiscovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...
- How to open a PPF account: Eligibility, documents, processAny Indian resident can open a PPF account. Parents or legal guardians can also open a PPF account on behalf of a minor child. NRIs are not...
- PPF, Sukanya Samriddhi, other post office schemes rules: Guidelines for irregular small savings accounts effective from October 1, 2024Small savings schemes rules: The Ministry of Finance has recently announced an update to the National Savings Scheme (NSS) through a new no...
- Irregular PPF accounts: New rules from Oct 1, 2024 for regularisation of 3 types of irregular Public Provident Fund accountsOn August 21, 2024, the ministry released a circular that established the procedures for handling the regularization of unlawfully opened a...
- Six new rules for PPF, Sukanya Samriddhi Yojana, other small savings schemes with effect from October 1, 2024Small savings rules: The Ministry of Finance is responsible for overseeing small savings accounts. Any unusual accounts must be sent to thi...
- How to open ICICI Bank PPF account online? Get Step by Step processThe PPF due to the benefits of tax savings, returns, and safety, the program has now become one of the most popular long-term savings schem...
- PPF account: Nine important Public Provident Fund account rules and benefitsPPF: Here is a look at important rules you should know about the Public Provident Fund.
- 4 ways your PPF account can become irregularPublic Provident Fund (PPF): Here are four instances when a PPF account can become irregular.
- How to add, change nominee in PPF accountIncase you want to add your wife's name or update it with another name, you can do so by filling out the required form, signing it, and sub...
- Was PPF interest rate hiked for Apr-June 2023 quarter? Latest Public Provident Fund rateFor the quarter from April to June 2023, the government has increased interest rates on a number of small savings schemes by up to 70 basis...
- How to withdraw PPF money from account in bank? Step-by-step guideIf you wish to withdraw money from PPF account either partially or in full, you need to submit Form C at the bank where the PPF account was...
- What is the latest PPF interest rate?The government has not changed the interest rates on small savings schemes like the PPF. PPF interest income is totally tax-free.
- Govt eases norms for PPF and Sukanya Samriddhi account holders due to COVID-19To keep these accounts active the subscribers are required to make some specified deposit in a year otherwise penalty is charged over that....
- PPF withdrawal, loan, pre-mature closure rules: Here's a guideA subscriber is eligible to take a loan from PPF from the third financial year but this facility is available only till the end of the sixt...
- How to open a PPF account? Know its rules and benefitsWith interest rates fixed income investments coming down, PPF remains a suitable alternative for allocating debt portion of one's portfolio.
- Public Provident Fund: 15 lesser known but important rulesHere are some lesser-known facts about the Public Provident Fund that can help you make a more informed investment decision.
- Your PPF account may become irregular: Here's howRegularising a PPF account is a long-drawn process, it is better to avoid seeing it go irregular.
- Proposed PPF changes to benefit investorsThe Government Savings Certificates Act, 1959 and the PPF Act, 1968 are proposed to be merged with the Government Savings Banks Act, 1873.
- Investing for your child? Know your taxesWith increased awareness of varied investment options, parents are choosing to make investments in the name of child. Cut your tax bill
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