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PPF FOR MINORS
Mother continued PPF deposits after children turned 18; Kerala High Court orders her to pay back extra interestThe Kerala High Court ruled that a mother's PPF deposits for herself and her minor children must be clubbed, upholding the forfeiture of Rs...- 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...
- Latest PPF interest rate: What is the Public Provident Fund interest rate for the October-December 2024 quarter?Latest PPF interest rate: The government revises the interest rates of all small savings schemes every quarter. Some popular post office sc...
- 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...
- Latest PPF interest rate: What is the Public Provident Fund interest rate?Latest PPF interest rate: The Public Provident Fund is highly favored for its long-term guaranteed earnings and tax benefits. By allocating...
- 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.
- Why all fathers' must open a PPF account for their kidsOnce your kid has become an adult and the PPF account has completed its mandatory lock-in period of 15 years, he/she can decide whether to ...
- 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...
- SBI PPF account: How to open SBI PPF account online? Get Step by Step processOnce the application gets submitted, a reference number to the Form A will get generated. The reference number allotted will be valid for 3...
- Can I split PPF investment money between my account and my minor son's account?Under the PPF Scheme, 2019, Rule-3 sets the limits on the number of accounts which an individual can open. The rule allows opening of one’s...
- I have two PPF accounts. What is the maximum tax benefit I can claim on both accounts?The ceiling for deposits to individual self account and minor account(s) to whom one is guardian, is currently capped at Rs 1.5 lakh in a f...
- How to open a PPF account for your minor childAn individual with a PPF account of his own and as a guardian of his child can avail a maximum deduction of Rs 1.5 lakh taking both the acc...
- 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.
- How to open an online PPF account with SBIThe tax benefit on amount invested, a tax-free return on maturity and the backing of the government on the account balance, makes PPF a roc...
- 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.
- Holding a PPF account in your as well as your child's name? Know the maximum you can depositHolding such separate PPF accounts does not mean that you can deposit Rs 1.5 lakh in each and earn tax-free interest on both deposits. Here...
- 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.
- How to prematurely close PPF accountThe new PPF rules issued by the Ministry of Finance allow premature closure of the PPF account of a subscriber only in case of certain spec...
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