The revised regulations concerning PPF accounts, which are effective from today, focus on accounts opened for minors, the ownership of multiple PPF accounts, and the eligibility of Non-Resident Indians (NRIs) to extend their PPF accounts within the framework of National Savings Schemes administered by post offices.
Government sources have clarified recent misunderstandings regarding the Small Savings Circular, following misleading information on social media platforms like Twitter, CNBC-TV18 reports.
The Employees’ Provident Fund Organisation (EPFO) has introduced auto-mode settlement of advance claims for medical, education, marriage and housing purposes. Auto mode of claim settlement was introduced in April 2020 for the purpose of advance for illness. The facility was extended to education and marriage under Rule 68K and for housing under Rule 68B, via a press release dated May 13, 2024.
In the realm of tax-saving investments, where returns often incur taxes, there exist avenues providing tax-free gains. Here is a…
