PPF rules: Why Kerala High Court ordered a mother to return extra interest earned in children's Public Provident Fund accounts - explained

The Kerala High Court has ruled that deposits in minor children's PPF accounts are combined with the guardian's account for annual deposit limits. Excess interest earned on these over-limit deposits made while the children were minors can be lawfully recovered by the Post Office, clarifying deposit clubbing rules. https://ift.tt/06oFsL1