if the ppf has matured and bank says cant extend as 1 year crossed...then can we keep the ppf as is and earn the interest from it or is there a time limit within which it shud be withdrawn? also is the interest earned form it tax free?
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Ppf continue ithout extension
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PPF is matured after 15 years from the date of opening and within next one year you need to intimate whether you want to extend it for another 5 years or not. In case it is not intimated then it will be automatically renewed and you will get interest till it is closed.
PPF interest is tax free.
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