city New Delhi covid-19 2020 Government Coronavirus city New Delhi

Covid-19: Govt allows PPF account holders to pay FY20 deposits till 30 June

Reading now: 823
www.livemint.com

New Delhi: The government on Saturday further relaxed regulatory provisions to operate small savings schemes, allowing Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) holders to complete their deposits for FY20 till June 30, 2020.

The three-month extension would be subject to the account holders making one deposit while sticking to maximum deposit ceiling prescribed for the two schemes.

The extension has been allowed to safeguard the interest of small savings depositors in view of the lockdown in the country due to coronavirus scare.

The PPF and SSA depositors will have to give an undertaking that while making deposits into their respective accounts during the extended period, they will not breach the annual ceiling kept

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA