10(11)
No. It is not taxable
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
Go To this link in the Related Link below, in which PNB's all branch were mentioned where you can open a PPF account.
No. it is not taxable
Respected sir, i want a ppf account in u r bank. if its possible plz. mail me. my email id - psudhir2008@rediffmail.com
section 10(11)
No. It is not taxable
No. This cannot be done. A PPF Account is not mandatory for employees from an employer perspective but a PF account is. The government Mandates Provident Fund deduction for all permanent staff of companies. The PPF is a service which is available for interest citizens but it is not mandatory.
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
PPF - company - was created in 1991.
why PPF in economics is negatively sloped
No, companies are not required to register for PPF. The Public Provident Fund (PPF) is a voluntary savings scheme designed for individuals to encourage long-term savings and earn tax-free interest. It is primarily a personal investment account and is not linked to employment, nor does it require any mandatory contribution from the employer. Employees can open and maintain their own PPF accounts independently, either through a bank or post office, and the contributions are entirely at their discretion. Companies have no legal obligation to register, contribute, or manage PPF accounts on behalf of their employees. Essentially, PPF is an individual-focused financial instrument, and corporate participation is neither mandatory nor required for compliance purposes. To know more about PPF, PF, consult a payroll expert e.g. Setindiabiz!
A PPF, which is also known as the Public Provident Fund can be started in a minors name. It can only be opened on behalf of the minor and under any circumstance be established as a joint account. An NRI is not permitted to open PPF accounts, therefore parents are not permitted to open an account on behalf the minor.
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.