My son is doing MS in US.
1) Whether he is considered NRI
2) Whether his PPF account should be closed as per latest guidelines.
3) From the date above 180 days from leaving the country - the interest is considered 4% or on the date when he left.
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Ppf a/c of indian student abroad.
Replies (2)
Any answers
Was advised by banks to close account in first week of April 2018. Full Interest will be credited then - otherwise zero interest from April 2017 to date of closing.
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