Ppf account

pooja dedhia (Querist) 28 April 2012 This query is : Resolved
if one laps the payment to his ppf account for the year f.y.2011-12,what is the solution to make default to good?

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prabhakar singh (Expert) 28 April 2012
YOU COULD HAVE CARRY FORWARD THE A/C EVEN WITH DEPOSIT OF A Rs. 500/00.

Shonee Kapoor (Expert) 02 May 2012
Rightly said.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Guest (Expert) 02 May 2012
If the subscriber has already paid minimum of Rs. 100/- in the first year, for defaults in the following year, he can continue with his PPF account only after paying the Accounts Office the prescribed default fee along with the arrears in the subscription.

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