NEW DELHI: Finance minister Nirmala Sitharaman said on Thursday that no fees will be charged for updation or addition of nominees for Public Provident Fund (PPF) accounts as changes have been done by govt through a notification.
“Recently, it was informed that a fee was being levied by financial institutions for updating/modifying nominee details in PPF accounts,” Sitharaman said on X. “Necessary changes have been made to remove any charges on the updation of nominees for PPF accounts,” she added.
