Notifications
Public Provident fund
Vide notification no. GSR. 1237 DT. 3-10-2017 has made amendment in Public Provident fund Act, 1968 whereby it has been held that the interest on Deposits in Public Provident fund has been decreased from current interest rate 7.8% to 4 % in case of depositors who has become NRIs from the date the depositor become NRI. Their PPF account will deemed to be closed w.e.f date when the account holder become NRI.