Mon, Mar 25, 2024
PPF: Public provident fund is one of the popular post office schemes that falls in the Exempt-Exempt-Exempt (E-E-E) category. It means deposits, interest and withdrawals under the scheme are tax exempt. The scheme provides tax benefits on deposits of up to Rs 1.50 lakh under Section 80C of the Income Tax Act. The lock-in period is 15 years but one can get indefinite extensions of five years of blocks. If one continues their investment in the scheme for a certain period, they can generate a retirement corpus of over Rs 2.25 crore, of which over Rs 1.74 crore will come only through interest. Know calculations.
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Tue, Feb 20, 2024
PPF is a long-term investment plan suitable for people who want to earn higher but stable returns. Individuals who register a PPF account want to ensure that the principle sum is kept safe.
Sun, Jan 21, 2024
If you can't manage to save much money in a month and don't invest money because of that, you don't need to feel disappointed. There are many investment schemes- providing guaranteed returns as well as market-linked- which allow you to start investment with just Rs 500 a month. Such a small monthly investment also help you create lakhs of rupees of corpus in a few years. Know about such schemes and their calculations.
Public Provident Fund (PPF) is a Post Office scheme that offers guaranteed returns. PPF matures after 15 years adn it can help you build a good corpus if you invest in it for a long time. However, investment in mutual funds through the systematic investment plan (SIP) is a market-linked, where returns are not guaranteed. But investment through SIP has given good returns in the last few years. Know where you may get better returns.
Mon, Dec 12, 2022
PPF account holders ALERT! Tips to maximise your PPF balance after 15 years maturity - Once the mandated 15 years of PPF are completed, the investor can close his/her PPF account and choose to reinvest, if not needed urgently, in another investment scheme like Kisan Vikas Patra (KVP).
Mon, Feb 28, 2022
The coronavirus pandemic taught us many things. One of the most important takeaways from it is that one must always be prepared for the worst-case scenario. When it comes to emergencies, Provident Fund is a great option if you need money urgently. Here is how you can withdraw money for your PF account easily.
Fri, Mar 12, 2021
PPF Calculator 2021: A Public Provident Fund (PPF) account is something in which an earning individual invests keeping retirement goal in focus.
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