Sir, I found myself that have PPF membership during the SBI were only available in 2006. Because of specific requirements, I signed the newest membership and you can withdrew the entire amount when you look at the . Must i initiate an alternative PPF account? In this case, do i need to unlock this in the ICICI Financial?
Ans: Many thanks for your own outlined query. Let’s address all of your inquiries action-by-step so you can create an informed choice concerning your PPF account.
step 1. Taxation Ramifications off PPF Interest Taxation Exclusion Position Personal Provident Fund (PPF) the most tax-successful resource options inside the India.