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Govt proposes allowing premature closing of PPF accounts

In what could benefit lakhs, the government has proposed Allowing Premature closure of small savings schemes, including the public provident fund (PPF). Currently, they cannot be closed before five years. Another suggested change in the Finance Bill 2018 is merging the provisions of PPF accounts and savings schemes under a single act. Know more about the proposed amendments and how they can impact you.



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Govt proposes allowing premature closing of PPF accounts

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