sekar nallalu Cryptocurrency,Tax An NRI Can Continue Investing In An Existing PPF Account Till Its Maturity

An NRI Can Continue Investing In An Existing PPF Account Till Its Maturity

0 Comments

Assuming your son is employed abroad, his status will be that of a non-resident. If his aggregate income in India is not above the exemption limit applicable, he will not have to file an income tax return (ITR).In case his income is below the exemption limit, he can voluntarily opt for filing an ITR. As a non-resident, he can continue to deposit money in his PPF account if he has an existing account, till its maturity. He will not be allowed to extend the tenure of this PPF account or open a fresh PPF account.

Buy cryptocurrency



Source link

Refer And Earn Demat Account – Get ₹300 | Referral Program

Open Demat Account In Angel One For FREE

Leave a Reply

Your email address will not be published. Required fields are marked *