NO EXTENSION IN PPF ACCOUNT FOR HUF

Posted: 15 Dec 2010 09:07 AM PST

From 13.05.2010 ,Govt has banned on new PPF accounts for HUF( hindu undivided family) .But now sunset clause has been introduced for account opened by HUF before 13.05.2005. As per new amendment Those PPF Accounts which has completed the 15 year period from the end of financial year in which initial deposited has been made ,should be closed by 31.03.2011. other accounts...

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