You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products). © Australian Taxation Office for the Commonwealth of Australia If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. PPF refers to Public Provident Fund and is a Long Term. For all loans closed on or after March 15, 2018, 2016 tax returns and tax transcripts will be required. Since it is a scheme run by the Government of India, it is also totally safe. For all loans closed on or after January 31, 2018, 2016 tax returns will be required, along with evidence an extension was filed and proof of no record found for 2016 transcripts. Besides, the interest you earn on it is tax-free. You invest in it and you get a deduction on your income. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. The Public Provident Fund is the darling of all tax saving investments.
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