Experts,
We were planning to open PPF account for our 5 years old Kid, but we have been told that
1) PPF account can be opened only once in a persons life.
2) and it can be extended for 5 years only once.
I know that there can only be one PPF account for an individual at any given point of time, But can a person closed a account and open again at later date?
Appreciate your clarification
Regards
Samir