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Blog posts November 2017

PPF A/c’s will be deemed to be closed on the day the investor becomes a non-resident

November 3, 2017

PPF A/c’s will be deemed to be closed on the day the investor becomes a non-resident

Under the rules of the Government, NRI’s cannot open a new PPF account in India. But they were allowed to keep contributing to their existing PPF accounts as per a 2003 notification. This was for the PPF ac…

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