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NRIs can continue their PPF account now

Monday, February 26, 2018, 3:51 PM

Non-resident Indians (NRIs) who have invested in the Public Provident Fund (PPF) may have got temporary relief for now. The Department of Economic Affairs (DEA) has released an office memo on February 23, 2018, keeping its earlier notification regarding the Non-resident Indians (NRI's) PPF account released on October 2, 2017, in abeyance (or temporarily dismissed).
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Now you can settle your PF withdrawal claim in just 10 days

Wednesday, May 17, 2017, 6:19 PM

Retirement fund manager EPFO has reduced the stipulated period for settlement of various claims such PF withdrawal, pension and insurance to 10 days from 20 at present. The body has launched the online claim settlement facility on 1 May, 2017. It has planned to eventually settle claims of all Aadhaar and bank account seeded EPF accounts within three hours of receipt of an application.
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Government Keeps Interest Rates On PPF And Kisan Vikas Patra Steady

Monday, January 2, 2017, 3:50 PM

Banks have started cutting down interest on deposit rates. However, the Government has kept interest rates on small saving schemes like PPF and Kisan Vikas Patra unchanged for the January to March quarter. An investment in PPF will fetch you an interest rate of 8%. This is same as the National Savings Certificate. Kisan Vikas Patra will fetch an interest rate of 7.7%.
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