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of <h1>Public Provident Fund Under PPF Scheme 1968 Now Exempt from Wealth-tax Act, 1957 Per Notification No. 2432</h1> The Central Government has issued Notification No. 2432, dated July 2, 1968, under clause (xviia) of sub-section (1) of section 5 of the Wealth-tax Act, 1957. This notification designates the Public Provident Fund, established under the Public Provident Fund Scheme, 1968, as a provident fund eligible for exemption of the amount credited to an individual's account under the specified clause.
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