Post Office Scheme's New Rules From 1 October 2024 | PPF , Sukanya Yojana New Rules | Post Office
Post Office Scheme's New Rules From 1 October 2024 | PPF , Sukanya Yojana New Rules | Post Office
Thanks For watching our video about Small Savings Schemes: 6 new rules from October 1 for PPF, NSS, Sukanya Samriddhi Yojana & other schemes.Small Savings schemes latest news: The Ministry of Finance's Department of Economic Affairs has issued guidelines for regularizing irregularly opened accounts under the National Small Savings (NSS) schemes through Post Offices. These changes were announced in a circular released by the ministry on August 21, 2024. It is important to note that the Ministry of Finance holds the power to regulate small savings accounts. According to the rule, all irregular accounts must be referred to the Ministry of Finance's division for regularization.
According to an report, six main categories have been identified, and guidelines have been issued accordingly for irregular NSS accounts, PPF accounts opened in the name of a minor, more than one PPF account, extension of PPF account by NRI, and regularization of Sukanya Samriddhi Account (SSA) opened by grandparents other than guardians.
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