https://www.taxtmi.com/article/detailed?id=8970 PPF is a government backed, long term savings scheme offering EEE tax treatment: contributions qualify for an income tax deduction and interest and maturity proceeds are tax exempt. Resident individuals may open one account (guardians may open for minors); NRIs cannot open new accounts but may continue existing ones on a non repatriation basis until maturity. The scheme has a 15 year term with minimum and maximum annual contribution limits, options for extension after maturity, restricted early withdrawals, loan facilities from the third year subject to caps and interest, and restoration provisions for discontinued accounts. en-us Wed, 26 Feb 2020 10:33:51 +0530 Wed, 26 Feb 2020 10:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8970 PPF is a government backed, long term savings scheme offering EEE tax treatment: contributions qualify for an income tax deduction and interest and maturity proceeds are tax exempt. Resident individuals may open one account (guardians may open for minors); NRIs cannot open new accounts but may continue existing ones on a non repatriation basis until maturity. The scheme has a 15 year term with minimum and maximum annual contribution limits, options for extension after maturity, restricted early withdrawals, loan facilities from the third year subject to caps and interest, and restoration provisions for discontinued accounts. Articles Income Tax Wed, 26 Feb 2020 10:33:51 +0530 https://www.taxtmi.com/article/detailed?id=8970