Finance Ministry, Government of India, had notified on 3rd October, 2017 that PPF (Public Provident Fund) account for NRIs would be deemed / presumed to be closed effective from the day such person became NRI. But on 23rd February 2018, Finance Ministry has issued a circular stating that this instructions are not to be implemented till further order. As such PPF accounts of NRIs which were opened before can be continued as such.
RAJESH H DHRUVA
Chief Executive
femaonline.com
femaonline.com
