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Public Provident Fund (PPF) – Tax benefit and Returns

October 22, 2018

Individuals who are residents of India are eligible to open an account under the Public Provident Fund scheme. A PPF account may be opened under the name of a minor by his/her legal guardian. However, each person is eligible for only one account under his/her name. Non-resident Indians (NRIs) are not eligible to open an account under…

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