You are not eligible to make further contributions to a Public Provident Fund (PPF) account as a Non-Resident Indian (NRI). NRIs aren’t allowed to register new PPF accounts or keep their current ones active, per Reserve Bank of India (RBI) regulations. NRIs who held PPF accounts prior to becoming NRIs are still able to do …
I am an NRI, can I continue my PPF account after? Read More »
A government-backed savings programme in India called the Sukanya Samriddhi Yojana aims to improve the financial security of young girls. It was introduced as part of the Beti Bachao, Beti Padhao initiative and comes with tax advantages and a high interest rate. For a girl under the age of ten, parents or guardians may start …
All About Latest Revision of the Sukanya Samriddhi Yojana Read More »
The Public Provident Fund (PPF) program was introduced in India for the first time in 1968. The scheme’s main objective is to encourage modest savings among people and to provide returns on those savings. Interest rate returns aren’t taxed when they are generated. PPF accounts-definition Public Provident Fund (PPF) schemes are long-term investment options that …
(PPF) Public Provident Fund Account: Interest, Features & Benefits Read More »
