PPF account


This query is : Resolved 

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This discussion clarifies the impact of new rules on a senior citizen's Public Provident Fund (PPF) account. The user, whose PPF interest exceeds ₹2.5 lakh annually, was concerned about income tax calculations. It was confirmed that the new rules do not affect them, as the annual PPF contribution limit remains at ₹1.50 lakh.

12 February 2021 i am a senior citizen and my ppf interest is more than 2.5 lakh per year - kindly guide how the new rules will effect me in my income tax calculation. pls note mine is public provident fund -- self and not EPF. thanks

13 February 2021 New rules will not affect you as yearly PPF contribution is restricted to 1.50 lacs.

13 February 2021 thanks sir for info and feed back


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