The disadvantages of a PPF account are:
You cannot withdraw from your PPF account before the completion of 6 years.
A Hindu Undivided Family (HUF) and a trust cannot open a PPF account.
You cannot open a joint PPF account.
Also no PPF account of Non-resident indians.
What are the disadvantages of a PPF account?
You can complete filing your Income-tax return in just 15 minutes using the website or the mobile app:
Not filed yet? File your Income-tax return with myITreturn.com
3 reasons to file with myITreturn:
- Registered with the Income-tax Department
- Accurate and Simple
- Over 20 lakh users
or if you have a simple tax return, you can download our mobile app and file your Income-tax return
Comments
0 comments
Please sign in to leave a comment.