How one can get Rs 61,000/month tax-free income from PPF at 50 years of age
Zee Business Video Team | Updated: November 14, 2024 07:09 PM IST
In an era when market-linked investment options provide double-digit annualised return, investment in Public Provident Fund (PPF) may not appear to be appealing to new-age investors. But investment in PPF provides debt exposure to one's investment portfolio. The scheme provides 7.1 interest rate. It offers a tax-free retirement corpus, plus deposits up to Rs 1.50 lakh in a financial year provide tax benefits under Section 80C of the Income Tax Act, 1961. Know more about PPF and how one can draw Rs 61,000 per month tax-free income from PPF investment.
