PPF For Regular Income: How can you get Rs 85,000 a month tax-free income from Public Provident Fund?
Public Provident Fund (PPF) is a retirement-focused scheme that offers guaranteed returns and tax benefits. Any resident of India, including salaried, self-employed, and pensioners, can open a PPF account with a minimum amount of Rs 500.
A Public Provident Fund (PPF) is a popular small savings scheme that offers guaranteed returns and tax benefits. The interest rate for the PPF is 7.1 per cent. The interest rate has remained unchanged since April 2020. Individuals can open a PPF account in a post office or a bank with a minimum investment of Rs 500. Let’s understand how can an individual get Rs 85,000 a month from PPF.
Photos source: Pixabay/Representational
(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)
Read more: PPF For Regular Income: How to get Rs 72,000 a month tax-free income from Public Provident Fund?
What is PPF

Public Provident Fund is a retirement-centric scheme that investors also use for their portfolio diversification. One can open a PPF account in a bank or post office. It also offers guaranteed returns and tax benefits under Section 80C of the Income Tax Act, 1961, to individuals. The small savings scheme is open to all individuals, including salaried and self-employed. A minor's PPF account can be opened by a parent or guardian.
What is maturity period of PPF account?

What is minimum and maximum PPF investment?

Tax benefits in PPF

Can you withdraw PPF amount before maturity period of 15 years?

How much can you withdraw at end of preceding year?

What happens to PPF account after 15 years?

How to get Rs 85,000 income a month from PPF?

What will be PPF corpus after 15 years?

What will be PPF corpus after 20 years?

What will be PPF corpus after 25 years?

What will be PPF corpus after 29 years?

What is next step after 29 years of investment?
