The Public Provident Fund (PPF) is one of the most trusted investment options in India, known for its safety, reasonable ...
A post office PPF account can be opened with a Rs 500 initial deposit. 6. Is PPF Amount Taxable? Section 80C of the Income Tax Act of 1961 exempts up to Rs. 1.5 lakh deposits made to a PPF account ...
Learn how the PPF 15+5+5 formula can help you build a corpus of over Rs 80 lakh and secure a monthly pension of Rs 48,000.
Public Provident Fund (PPF) is a small savings scheme that currently offers an interest rate of 7.1 per cent. It allows any ...
You can renew PPF account till retirement and each renewal will be a block of five years after an initial period of 15 years.
In the context of PPF, the initial capital, accrued interest, and the total returns upon maturity are all free from tax liabilities. The investment can commence with a minimum annual contribution ...
Public Provident Fund (PPF) is a reliable mode of investing for people who want to save taxes while also earning substantial returns on their investments. The fact that PPF is exempt from taxes in ...
PPF is a small saving scheme that offers assured return to investors. One can invest anywhere between ₹500 to ₹1.5 lakh in a financial year. Deposits can be made in lumpsum or in instalments ...
PPF and Life Insurance are completely dissimilar products. Since Life insurance protects your family in the unfortunate event of your death, it must always be given the first priority. Once ...
The PPF is a secure, long-term savings scheme backed by the government, offering fixed interest rates and guaranteed returns. It is best suited for risk-averse investors seeking steady growth and tax ...