Wed, Jan 08, 2025
Public Provident Fund (PPF) is a popular investment option that is considered as a retirement retirement-focussed scheme. It offers long-term guaranteed returns and tax benefits. Any residents of India, including salaried, self-employed, and pensioners can open a PPF account with a minimum amount of Rs 500.
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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.
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