Indian Government Clarifies Misinterpretations Regarding Public Provident Fund (PPF) Rules

The Indian government has issued a clarification regarding recent changes to the Public Provident Fund (PPF) scheme, addressing confusion and misinterpretations that arose on social media. The clarification focuses on accounts opened for minors without a guardian, which are considered irregular. The government aims to regularize such accounts and ensure compliance with the scheme’s guidelines.

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