Thu, May 02, 2024
Post Office Scheme: Under Public Provident Fund or PPF scheme, to get Rs 24 lakh, you just need to save Rs 250 every day. This means, you will have to invest Rs 7,500 every month for 15 years. PPF account holders also get the loan facility. You get the loan based on the amount deposited in your PPF account. This loan is cheaper than an unsecured loan.
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Wed, Apr 17, 2024
So, be mindful of the fact, that you cannot as per your discretion access your corpus in PPF account.
PPF account maturity: Public Provident Fund (PPF), a small savings, long-term investment scheme backed by the government, is a tax saving scheme that provide stable returns. Deposits in PPF qualify for deductions under Section 80C of the Income Tax Act, while the interest earned in the account is free from income tax under Section 10 of the I.T. Act.
Wed, Nov 04, 2020
Public Provident Fund (PPF) offers assured returns and is a safe investment instrument and is one of the most attractive small savings schemes (SSS). If you are planning to open a PPF account and don’t know about its benefits and how to do it, then here is your guide to do so!
Tue, Nov 03, 2020
While Public Provident Fund (PPF) is one of the most attractive small savings scheme (SSS) which offers assured returns and is also safe. But before investing in any instrument one must know about the returns and also if investing in this vehicle will actually reap benefits and exactly what amount you will receive at the time of maturity.
Mon, Nov 02, 2020
If you are an investor in the Public Provident Fund (PPF) scheme, then this investment can be of great use to you in your times of need. Want to know how? The investors in this small savings scheme (SSS) can avail loan on their PPF deposits. You are not required to mortgage anything in lieu of the loan extended to you
Thu, Oct 01, 2020
The government on Wednesday kept the interest rates on small savings schemes, including PPF and NSC, unchanged for the October-December quarter amid moderating bank deposit rates.
Thu, Sep 24, 2020
All of us know that several companies have cut salaries and laid off employees amid loss of business due to the Covid-19 lockdown. This has hit employees hard, forcing them to withdraw money from their investments like Public Provident Fund (PPF) and Employees' Provident Fund (EPF).
Thu, Sep 17, 2020
PPF Calculator: Public Provident Fund or PPF account is one of the most preferred investment tools among the tax-saving investment options.
Mon, Sep 14, 2020
Public Provident Fund: The interest rates on fixed deposits and savings bank accounts are falling. The stock markets remain volatile due to several global factors. In these tricky times, Public Provident Fund is one of the safest ways to grow your money. The only bummer? It comes with a lock-in period of 15 years.
Sat, Sep 12, 2020
PPF Calculator: Public Provident Fund (PPF) account is one of the most preferred long-term investment tools since it is a government-backed risk-free investment option for all.
Wed, Sep 09, 2020
Public Provident Fund or PPF account is one of the most preferred long-term investment tools. Most importantly, it's a central government backed small savings scheme which has zero risk.
Sat, Sep 05, 2020
Mutual Fund Calculator: Amid extremely volatile stock market and equity mutual funds NAV (Net Asset Value) dropping to its nadir, investors have once again started moving towards government-backed small saving schemes.
Mon, Aug 31, 2020
It goes without saying that the Public Provident Fund (PPF) scheme is one of the best savings instruments to secure a financially healthy future.
Mon, Aug 24, 2020
Public Provident Fund: PPF has remained one of the preferred investment options for the salaried class for long term purposes. It allows an investor to put up to Rs 1.50 lakh in a PPF account per annum and get income tax deduction under Section 80C of the Income Tax Act 1961. It offers a guaranteed return which is higher than the return on other comparable products.
Fri, Aug 14, 2020
PPF vs NPS: According to tax and investment experts, both are good investment tools to build retirement corpus but if someone has a high risk appetite and want to earn much more, then NPS is better than PPF.
Tue, Aug 11, 2020
Growing one's money at a faster rate than others is one of the most common goals of an investor. All we need to do is keep things simple and move forward with focus on our goal - how to become a millionaire.
Fri, Aug 07, 2020
NPS Account: In a bid to provide social security to the senior citizens, the Central Government introduced the National Pension System (NPS) system in 2004.
Thu, Jul 30, 2020
SBI PPF Account: Opening of Public Provident fund (PPF) account is one of the most popular long-term investment options.
Sat, Jul 25, 2020
The Department of Posts has extended all small savings schemes up to the branch post office level, with a view to strengthen its network and operations in rural areas.
Fri, Jul 24, 2020
Have you been planning to open a Public Provident Fund or Sukanya Samriddhi Yojana account for quite a few days? Then, you should hurry up.
Thu, Jul 23, 2020
PPF Account: When one starts investing, how to become rich is the common goal that an earning individual looks at.
Public Provident Fund (PPF) account in India's largest lender, the State Bank of India (SBI), is considered as one of the best savings instruments options.
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