Thu, Nov 14, 2024
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.
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Wed, Nov 13, 2024
PPF Calculator: Investment in Public Provident Fund (PPF) not only provides debt exposure to your portfolio diversification, but it can also be used to get monthly income if used wisely.
Thu, Nov 07, 2024
Public Provident Fund (PPF): People use PPF investments for retirement planning, where they can contribute up to Rs 1,50,000 in a financial year and get 7.1 per cent interest rate on that. In the long term, the interest can help you get a substantial amount that they can use for their daily expenses. While PPF can work as an effective debt option for the diversification of an investor's portfolio, the maturity amount in PPF is tax-free.
Mon, Dec 09, 2019
EPFO or Employees Provident Fund Organisation may soon allow EPF account holders to decrease their Provident Fund or PF contribution below 12 per cent. However, tax and investment experts have a warning for them.
Wed, Nov 27, 2019
PPF vs NPS: Both Public Provident Fund (PPF) and National Pension System (NPS) scheme are considered good investment options, but more money can be made if right decisions are taken.
Tue, Nov 26, 2019
EPF balance check online without the UAN number is possible. What you need is to log in at the EPFO's official website epfindia.gov.in.
Income Tax Alert: An investor investing in this option will get Rs 50,000 income tax exemption under Section 80CCD, which is different from Section 80C tax exemption, say experts.
Fri, Nov 22, 2019
Money Tips: Oh, to become rich! Turn that cry of despair around and instead try this! Well, an ideal ratio of fund allocation in Bank FD, Debt Funds and Equity Mutual Funds has to be maintained, says experts. And what is that money-making ratio? Read on!
Fri, Nov 15, 2019
Today's investors have moved forward from bank FDs and PPF because they have options like mutual funds, equities, etc. that can give them returns in double-digit.
Thu, Nov 14, 2019
Sukanya Samriddhi Yojana vs PPF: In SSY one can invest up to 14 years of one's child while in Public Provident Fund there is no time bar on one's investment.
Wed, Nov 13, 2019
Children's Day 2019: On November 14th, gift your children PPF Minor account to make them rich going forward and get EEE benefits under Section 80C of the Income Tax Act 1961 too.
Mon, Nov 11, 2019
Customary retirement schemes like Public Provident Fund or PPF, debt-mutual funds and bank fixed deposit or bank FD yield a lesser amount of money than this scheme.
Fri, Nov 01, 2019
This PPF account will also garner the same benefits to the father or mother that he or she has been given under Section 80C of the Income Tax Act 1961.
Thu, Oct 31, 2019
PF balance check without the UAN number is possible. What you need is to log in at the EPFO's official website epfindia.gov.in and then check your provident fund balance.
Tue, Oct 29, 2019
The monthly interest incurred on one's PPF account is calculated on the minimum balance left in the account between 5th to the last day of the month.
This Public Provident Fund (PPF) account can be used to get the money required for higher studies of one's child, say investment experts.
Mon, Oct 28, 2019
If you invest Rs 1.5 lakh or Rs 12,500 per month in this plan for your child, he or she will get Rs 1,18,43,162 after 25 years.
PPF account period can be extended in 5 years block after the 15 years maturity. But, after 15 years, there is no binding for investing minimum Rs 500/annum.
Tue, Oct 08, 2019
The monthly interest incurred on one's PPF account is calculated on the minimum balance left in the account in between 5th to the last day of the month.
Mon, Oct 07, 2019
PPF Withdrawal: In the case of premature PPF withdrawal and closure, there will be 1 per cent interest penalty.
Sun, Oct 06, 2019
Even though the Public Provident Fund remains a popular investment option, there are several features of this scheme that are still unknown to users. Here are 5 such PPF rules.
Fri, Sep 06, 2019
Bank's demand would definitely have some impact on the government and experts expect some cut in the PPF, NSC interest rates in the upcoming quarterly review meeting.
Thu, Sep 05, 2019
Data has just thrown up a surprise! Mutual funds returns in the last five years have given single digit returns and have been outperformed by the Public Provident fund (PPF).
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