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    <title>Public Provident Fund (PPF) Scheme -1968 - Clarification - Payment of interest in respect of PPF HUF accounts</title>
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    <description>The Ministry directed that interest at PPF rates be paid on PPF (HUF) accounts that attained maturity after the restriction on new HUF accounts but were closed by subscribers before the Scheme amendment, provided those accounts were not extended and deposits were retained without further subscriptions; banks and administering branches must circulate and implement this clarification in line with the Scheme&#039;s maturity and withdrawal provisions.</description>
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    <pubDate>Tue, 28 Jun 2011 19:03:21 +0530</pubDate>
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      <title>Public Provident Fund (PPF) Scheme -1968 - Clarification - Payment of interest in respect of PPF HUF accounts</title>
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      <description>The Ministry directed that interest at PPF rates be paid on PPF (HUF) accounts that attained maturity after the restriction on new HUF accounts but were closed by subscribers before the Scheme amendment, provided those accounts were not extended and deposits were retained without further subscriptions; banks and administering branches must circulate and implement this clarification in line with the Scheme&#039;s maturity and withdrawal provisions.</description>
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