Tag Archives: #PPFRules

Public Provident Fund (PPF)

    Public Provident Fund(PPF) The Public Provident Fund (PPF) is a long-term savings and investment scheme introduced by the Indian government. It is one of the most popular and tax-efficient savings options available to Indian residents. Overview of the Public Provident Fund: 1. Purpose: PPF is design to encourage small savings and long-term wealth… Read More »

Can HUF open PPF account?

Can HUF open PPF account HUFs (Hindu Undivided Families) are not eligible to open a Public Provident Fund (PPF) account. PPF accounts are available only to individuals, not to HUFs or other types of entities. PPF accounts are intended for individuals to invest and save for their long-term financial goals. For more information visit this… Read More »