https://www.taxtmi.com/acts?id=6956 The Central Government designated specific nationalised bank branches to receive PPF subscriptions and separately de authorised specified branches for collection. It notified successive rates of interest applicable to subscriptions and balances for defined periods. Post amendment administrative clarifications restrict PPF accounts to individuals, direct that accounts opened by juristic persons after the amendment date are void ab initio and must be closed and refunded without interest, while existing accounts prior to amendment continue until maturity subject to extension conditions under the amended rules. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 13 Mar 2009 10:53:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6956 The Central Government designated specific nationalised bank branches to receive PPF subscriptions and separately de authorised specified branches for collection. It notified successive rates of interest applicable to subscriptions and balances for defined periods. Post amendment administrative clarifications restrict PPF accounts to individuals, direct that accounts opened by juristic persons after the amendment date are void ab initio and must be closed and refunded without interest, while existing accounts prior to amendment continue until maturity subject to extension conditions under the amended rules. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6956