New PPF rules 2024: 3 changes from October 1 that Public Provident Fund account holders should be aware of

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Times of India 1d ago

New PPF rules 2024: 3 changes from October 1 that Public Provident Fund account holders should be aware of - Times of India

Quick Summary:

PPF rules 2024: The Ministry of Finance has released new guidelines for Public Provident Fund (PPF) accounts that will take effect from October 1, 2024.

These changes affect PPF accounts held by minors, individuals with multiple accounts, and NRIs.

According to an ET report, the circular says, "lt needs to be noted that the power to regularise irregular small savings accounts are vested with the Ministry of Finance.