Tuesday, December 11, 2012

whether a Public Provident Fund can be revived after 5 financial years ?

A PPF account matured on 01-04-98 It was renewed for 5 years and it matured in 01-04-03.The a/c was not operated till 31-03-2010. can this a/c be REVIVED w.e.f FY 2010-11
had i continued the account it would have matured on 01-04-08 so it becomes a lapse of 7 years.
supposing that it cannot be renewed, can the yahoo community suggest a method of tax saving with a minimum locking period and where i can deposit monthly subscritions . i dont want to purchase nsc every year . the locking period is also more ..
can anyone give the detals oh hdfc mutual fund ?

No comments:

Post a Comment

4.5 out of 5 stars Reviewer:adminFebruary 05, 2021