Modifying details of the nominee in your Public Provident Fund (PPF) account will no longer result in a charge. PPF is a long-term, tax-saving investment scheme offered and backed by the government.
For individuals investing in Public Provident Fund (PPF) accounts for the upcoming financial year, 2025-26, it is crucial to ensure that funds are credited into the account before April 5. By doing so ...
Now, you won’t be charged for updating or modifying details of the nominee in your Public Provident Fund (PPF) account as “necessary changes” are being made to the Government Savings Promotion General ...
The government recently announced the removal of fees for updating or modifying nominee details in Public Provident Fund (PPF) accounts. This change is outlined in the updated Government Savings ...
(MENAFN- IANS) New Delhi, April 3 (IANS) Finance Minister Nirmala Sitharaman announced on Thursday that the government has issued a Gazette Notification to bar financial institutions from levying any ...
Opening a PPF account is easy for any Indian resident. It involves simple documentation and can be done online or offline. The PPF offers a 15-year term with annual deposits between Rs 500 to Rs 1.5 ...
Public provident fund (PPF) subscribers will not have to pay a fee while updating nominee details after the government did away with the charge, finance minister Nirmala Sitharaman said on April 3.
PPF accounts can be extended with or without making fresh contributions The corpus in PPF account will continue to earn interest till the account is closed PPF accounts have a maturity period of 15 ...
The Department of Economic Affairs has issued new regulations that apply to investors in the National Savings Scheme (NSS), Public Provident Fund (PPF), and Sukanya Samriddhi Account (SSA). Before ...
When you suddenly need money—whether for a medical emergency, education, or a wedding—loans often become the go-to solution. But the question arises: should you choose a Personal Loan or a Loan ...
Ever since RBI cut benchmark repo rate early this year, banks have followed suit and slashed interest rates on lending as well as fixed deposit rates. RBI cut the repo rate by 25 basis points in ...
Modifying details of the nominee in your Public Provident Fund (PPF) account will no longer result in a charge. This is because “necessary changes” are being made to the Government Savings Promotion ...