Wed, Jul 17, 2024
EPF and PPF schemes have some similarities. They have long lock-in periods. Investments up to Rs 1.50 lakh in a financial year in each scheme are tax-exempted under Section 80C of the Income Tax Act, 1961. Both fall in the exempt-exempt-exempt (EEE) category, where investment, tax earned, and the maturity amount are tax-free.
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Wed, Nov 29, 2023
If you are planning for long-term investment and preparing your retirement fund, there are many good options for investment such as Public Provident Fund (PPF), Voluntary Provident Fund (VPF), and Equity Linked Saving Scheme (ELSS). These options not only give you returns but also provide tax benefits.
Mon, Mar 21, 2022
Many people often get confused between Employee Provident Fund and Public Provident Fund. It is very important for an individual to understand the basic difference between the two to make better financial choices in life. Here are the basic differences between EPF and PPF.
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