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New rules will be implemented from October 1 regarding small-savings schemes: Guidelines have been issued for PPF-Sukanya Samriddhi accounts, know the details

The Economic Affairs Department of the Ministry of Finance has issued new rules regarding the National Small Savings (NSS) schemes opened through post offices. These rules are to regularize the accounts opened irregularly under these schemes. The new rules for National Small Savings Schemes will come into effect from October 1, 2024. According to the circular, different categories have been identified under the schemes of NSS and guidelines have been issued for them. NSS-87 Accounts Public Provident Fund (PPF) Accounts Sukanya Samriddhi Accounts Important instructions to post offices

Graphics Source: VaskarAssets

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