Public Provident Fund Payment Notification and PPF Calculator

New circular regarding payment of PPF with cheque or demand draft.

Earlier when someone makes the payment of public provident fund, the date of deposit the cheque or demand draft was treated as the date of payment of Public Provident fund subject to realised of cheques or demand draft.

A new notification dated 29-03-2010 was issued by Public Provident Fund department stated that now the date of submission of payment will be treated, the date on which the banking instrument are realised and not the date of submission.

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