Govt eases norms for PPF and Sukanya Samriddhi account holders due to COVID-19

To keep these accounts active the subscribers are required to make some specified deposit in a year otherwise penalty is charged over that. Usually, subscribers make a payment towards the end of fiscal as these schemes are part of 80C of the Income Tax Act.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2yR0dR7