https://www.taxtmi.com/news?id=16511 Allows premature closure of Public Provident Fund accounts after five financial years for treatment of serious or life threatening illnesses of the accountholder, spouse, dependent children or parents, and for higher education of the account holder or a minor; such closure attracts an interest deduction equivalent to one percent less than the applicable interest rate, and the Government may relax rules in exceptional circumstances. en-us Fri, 12 Aug 2016 17:49:02 +0530 Fri, 12 Aug 2016 17:49:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16511 Allows premature closure of Public Provident Fund accounts after five financial years for treatment of serious or life threatening illnesses of the accountholder, spouse, dependent children or parents, and for higher education of the account holder or a minor; such closure attracts an interest deduction equivalent to one percent less than the applicable interest rate, and the Government may relax rules in exceptional circumstances. News - Fri, 12 Aug 2016 17:49:02 +0530 https://www.taxtmi.com/news?id=16511