The average long-term return is around 12 per cent. PPF: In a PPF, you can invest up to Rs 1.5 lakh per year, and the maturity period is 15 years. It offers an interest rate of 7.1 per cent per annum.
PPF: A Risk-Free Government-Backed Option The PPF is a long-term savings scheme offering fixed interest rates and guaranteed returns. Backed by the government, it is a secure option for risk-averse ...
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 ...
According to an official notification by the finance ministry on Tuesday, December 31, the government left the interest rates unchanged on various small savings schemes, including PPF and NSC ...
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 ...
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 ...
One of the popular schemes under small savings schemes is Public Provident Fund (PPF) which is a long-term savings instrument that encourages customers to save while providing them tax benefits.
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 ...
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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 government has decided to keep interest rates on various small savings schemes unchanged for the fourth consecutive quarter, effective January 1, 2025. This decision, announced by the Finance ...
There has been no revision in the interest rate of post office savings schemes since April 2024. The government revised the interest rate for small savings schemes last in the January-March 2024 ...