Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The Public Provident Fund (PPF) is a long-term savings scheme offering a fixed interest rate. It is ideal for risk-averse investors seeking steady returns with tax benefits. Interest rate: 7.1% per ...
PPF Calculator: The Public Provident Fund (PPF) is a popular fixed-income savings scheme in India, backed by the government. It offers a safe and reliable way to accumulate wealth over the long term.
The premature account closure is possible only after completion of 5 years from the end of the year in which the account was opened. By filing an application in Form-5, the individual or the ...
Small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY). (AI image) Post Office Savings Schemes Interest Rates January-March 2025: The Finance Ministry ...
Listen to Story Post office savings scheme interest rates remain unchanged for the final quarter PPF & SSY offer interest rates of 8.2%, NSC at 7.7% and PPF at 7.1% These schemes are backed by ...
Your PPF investments up to Rs. 1,50,000 are tax deductible under Section 80C of the Income Tax Act. The returns on your PPF account are also tax-free, making it one of the most tax-efficient ...
As the interest rates on small savings schemes like post office deposits, public provident fund (PPF), Sukanya Samriddhi Yojana (SSY) and National Savings Certificate (NSC) are revised every quarter, ...
The interest rates have been kept unchanged for various small savings schemes, including PPF and NSC, yet again, an official notification by the finance ministry has revealed. “The rates of ...
This means, the interest rate for popular scheme, Public Provident Fund (PPF), will be unchanged at 7.1%. Similarly, the popular Sukanya Samriddhi Yojana, aimed at promoting the welfare of the ...
Individuals can invest daily, monthly, quarterly, or yearly in a mutual fund scheme. Public Provident Fund is a retirement-centric scheme that individuals also use for their portfolio diversification.
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 ...