PPF levy

A PPF (Public Provident Fund) levy is a financial charge or fee associated with the PPF account, which is a government-backed savings scheme. When you contribute to or withdraw from a PPF account, certain charges may apply, such as administrative fees or taxes, depending on regulations. Typically, the term "levy" in this context refers to the cost or deduction related to managing or maintaining the account. It’s important to stay informed about any applicable levies to understand the true cost of your investment and ensure compliance with rules set by the authorities.