My late wife’s PPF A/c had me as the nominee.I have now the options of a) either withdrawing the entire balance and closing the A/c or b) continue with the A/c without further contributions but earn tax-free PPF interest on the balance [Please correct me if my understanding is wrong here]. Suppose I choose option (b),the A/c would be in my single name without a nominee.Am I allowed to nominate my daughter in this scenario?If I cannot nominate,I would be exposing myself to a great risk since the A/c is in my single name.What do the PPF rules say?Thanks for your clarifications and help.
