Court Disapproves Of 'Restrictive Interpretation' Of PPF Scheme By Combining Parent And Child's Account To Calculate Annual Deposit Limit : Kerala High Court
In a significant ruling by the High Court of Kerala, the case titled WP(C) No. 23639 of 2017 addressed a dispute concerning the Public Provident Fund (PPF) accounts of three petitioners—Mrs. Fareeda Sukha Rafiq, Dr. Shabnam Jameela Rafiq, and Mrs. Ameena Rafiq—against various government respondents, including the Union of India. The crux of the case revolves around the accrued interest from three separate PPF accounts opened by the petitioners, with…
