Can NRI invest in PPF?

Last updated on May 24th, 2018According to a recent notification by the Government of India, NRIs will not be able to open new Public Provident Fund (PPF) and National Savings Scheme (NSC) accounts. The existing accounts held by Non-Resident Indians (NRI) stand closed. The closure will come with effect from the day their status changes …

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PPF closed for NRIs: What to do now & how to withdraw?

Last updated on April 17th, 2018Public Provident Fund (PPF) accounts held by Non-Resident Indians (NRI) stand closed according to a recent notification by the Government of India. The closure will come with effect from the day their status changes to Non-Resident. A similar amendment has been done to National Savings Scheme (NSC). It implies that …

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Battle of Tax-Savers: ELSS vs PPF

Last updated on April 3rd, 2018We continue from Part 1 of this “Battle of Tax-Savers” series where we compared ELSS funds with tax-saving FDs. Click here to read that article where we also introduce the basics of 80(C) tax savings. In this article, we will compare ELSS funds against arguably the most popular tax-saving scheme — Public Provident Fund …

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