public provident fund
This query is : Resolved
16 May 2011
Hello,
According to Sec 6 of the Public Provident Fund Scheme, 1968 we can transfer the account.
My query is when we tranfer bank account then any tax or charge is bear?
According to Sec 6 of the Public Provident Fund Scheme, 1968 we can transfer the account.
My query is when we tranfer bank account then any tax or charge is bear?
16 May 2011
the status of account would be same as PPF, only place would get change,
neither funds nor any change in name/beneficiary would happen, so no tax
say you are maintaining the PPF in mumbai and shifted to bangalore, then u can request the banker to transfer the account to bangalore, thats all about the PPF
neither funds nor any change in name/beneficiary would happen, so no tax
say you are maintaining the PPF in mumbai and shifted to bangalore, then u can request the banker to transfer the account to bangalore, thats all about the PPF
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