Public Provident Fund (PPF) is one of the most favoured retirement savings schemes and is used the most by people. Anyone can invest in this government-backed savings-cum-tax saving scheme that ...
A PPF subscriber should deposit the contributions or lump sums before the 5th of each month(Rupee opened at 72.01 a dollar.) From April 2016, interest rates on Public ...
The Public Provident Fund (PPF) is India's favoured long-term savings avenue. It offers investors a triple advantage: First, it is a secure long-term savings scheme with a guaranteed interest rate.
The power of compounding works best when you start early. The longer your money stays in the PPF account, the more interest it will accumulate. (Image: Financial Express) The Public Provident Fund ...
The Public Provident Fund (PPF) is a long-term savings scheme for consumers with low to zero risk appetite to invest in a government-backed scheme that helps them protect their investments from being ...
Opening a PPF account is easy for any Indian resident. It involves simple documentation and can be done online or offline. The PPF offers a 15-year term with annual deposits between Rs 500 to Rs 1.5 ...
Even if the PPF rate is cut, the scheme will continue to draw investors. The interest earned is tax free, making it a better option than bank deposits where the interest is fully taxable at the slab ...
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