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Can NRIs who wish to avail of tax benefit in India consider opening a Public Provident Fund (PPF) account?

NRIs who wish to avail of rebate on their income in India are also eligible to open a PPF account.

03 Dec 2008

NRIs who wish to avail of rebate on their income in India are also eligible to open a PPF account. Subscriptions, however, will have to be made from their NRO account on a non-repatriable basis.



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