Amongst many saving and investment schemes, the Public Provident Fund (PPF) is one of the most popular tax-saving schemes for people.
public provident fund
A PPF account can be closed only on the expiry of 15 years from the end of the year in which the initial subscription was made into the account.
Premature Closure of Public Provident Fund (PPF) account - Clarification issued by Government dated 24.07.2017
Withdrawal from the provident fund to facilitate housing needs of workers Gazette Notification on amendment in EPF Scheme, 1952
GPF Advance - Central Government Employees can apply for advance with self declaration - New GPF Rules - No documentary proof is required to be submitted for advance
NPS - PFRDA Circular Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during the Financial Year
GPF and other Provident Fund Interest Rate from 1st January 2017 interest rate @ 8% from 01.01.2017 - Finance Ministry Resolution
Finance Ministry Resolution for interest rate of 8.1% for GPF and other such funds
Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. are being continued
Secretary, National Council (Staff Side) has made a request to defer Income Tax on withdrawal of PF 60%
NPS (National Pension System) and EPF (Employee Provident Fund) are retirement benefit schemes applicable for salaried employees. NPS is applicable for Central Government Employees who joined in the service on or after 1st January 2004 and…
PPF Subscription Limit increased to Rs. 1.5 lakh - Department of Posts issues orders citing Finance Ministry's Order Consequent on increase in savings limit under Section 80 C of Income Tax Act for getting rebate / exemption on Income Tax…