Lockdown, due to coronavirus, has put many lives in despair. The Government of India has since been announcing numerous measures to reduce the burden on the common man. A few such steps are the extension of due dates to pay GST, investment proof submission, submission of Form 15G/15H, and a lot more.
Another initiative in the series is the extension of the due date to pay the deposit of Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY) schemes. The relaxation in the rules is applicable for the deposit payments that you could have missed for the financial year 2019-20 due to the Corona lockdown.
Also Read: Centre slashes interest rates on NSC, PPF & others by 0.7-1.4%
Here is a checklist of the updates regarding PPF and SSY schemes you must know:
For any clarifications/feedback on the topic, please contact the writer at apoorva.n@cleartax.in
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