Question
In the PPF (Public Provident Fund) Scheme the amount
gets locked in for a period of 15 years but if one has to withdraw it before the maturity then the money can be withdrawn only after how many years?Solution
In the PPF scheme partial withdrawals from year 7 i.e. on completing 6 years is permitted. It is a scheme for a long term investment that offers an attractive rate of interest and returns on the amount invested. It is not taxable. One has to open a PPF account under this scheme and the amount deposited during a year will be claimed under section 80C deductions.
The following is not included under purpose wise classification of credit
According to the the census of India 2011, What is the Percentage of Rural Population of India
Most common Alien weeds areÂ
Which of the following is an Asian breed of hen?
Which cost represents the expenses that remain constant regardless of the quantity produced in the short run?
Origin State of Miri breed of poultry is?
In which of the following flower crop "bending" is followed?
What happened when an excess amount of Nitrogen Fertilizer is Introduced in to Soil Ecosystem?
Pasteurization of egg should be done at the temperature of
Light reaction resulting in the production of ATP and NADPH takes place inÂ
