Ministry of Finance's Department of Economic Affairs

New PPF Rules 2024: 3 Major Changes Coming On October 1

The Ministry of Finance's Department of Economic Affairs has issued updated guidelines for Public Provident Fund (PPF) accounts, bringing new rules that will affect accounts opened under the names of minors, individuals holding multiple PPF accounts, and Non-Resident Indians (NRIs) with active PPF accounts. These changes, outlined in a circular...